St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-02-16
ARTICLES OF INCORPORATION
or rHE
Duluth, Park Font and Southern Rail
road Company.

designed persons do hereby Associate themselves
tosetner and become body corporate under the
Statutes. ISIS. Of the state Of Minnesota. and TO
that end have adopted and signed the following
articles Of Incorporation:
First-The name Of said CORPORATION shall be,
The Duluth. Park Point and Southern Railroad
Company. The general nature of its business
shah oe the building. operating and maintaining
OF a nne OF railway f-Um some point on ilce's
point An the village OF Duluth. in St Louis county.
and state of Minnesota. across the bay or harbor
OF Duluth 20 Minnesota point in said county, and
thence along said Minnesota point in a uortheriy
and southerly direction a. tho nOrthe-ly and
southerly limits Of said Minnesota point. and TO
erect Lines Of telegraph along or over its lines of
railroad. and with ali neeoful and convenient de-
pots. carh0useS. storehouses, machine shops and
other buildings and appendices incident 10 said
railway or its business the principal place of bust
ness OF said corporation shall be the city OF st.
Paul. in Minnesota.
Second-The time of commencement OF said
corporation shall be the 18th day OF February A
D. lsso, ana the period OF its continuance shall be
ninety-nine years.
Third-The amount Of capital stock Of said cor
porstion shah be the sum OF Eve hundred thou
sand dollars 70 be paid In in such installnents
IN such manner or 70 be issued upon such terms
the board OF directors may direct o. as may be
prescribed by the bylaws.
Fourth-The highest amount Of indebtedness or
nanllty 70 which said corporation shall be subject
shall be ave hundred thousand dollars
klfth-Ihe names and pace Of residence Of the
persons forming this association for Incorporation
shall be As follows: William L Banning, residing
80 st. Paul Minnesota; Andrew DeGrad residing
at said 81 Paul; Robert A smith. residing at said
ST Paul and William Dawson, Jr.,residing at said
ST. Paul.
sirth-The names Of the FIRST board Of directors
shall be the said William L Banning. Andrew De-
Gran. Robert A. Smith. Frederick ID. Banning and
William Dawson, Jr.
The government Of the said corporation and
board of ave directors, who. except the pres
eDt directors. shall be stockholders, and who
shall be elected each year at the annual meeting
OF the stockholders, 20 take place the first
Tuesoay OF April OF each year at the Office Of q
corporation in said eity OF st. Paul unless or until
otherwise changed by the bylaws. There shall
also be president vice president. secretary and
treasurer, and there may be such other officers az
may be provided by the board of directors or pre-
Scrbed By the bylaws. all of which said officers
shall be elected BY the directors on the same day
OF the said annual stockholders meeting. unless
| otherwise changed by the bylaws The directors
/ may Ill all vacancies in their own number or of
any ofheer for the unexpired term and elect all
| officers until the next annual meeting OF stock
holders. The directors and other officers except
as herein otherwise provided. shall hold once FOR
ono year and until their successors are elected or
appointed and qualify or accept oalee.
The directors shall have power 20 adopt al by
laws and prescribe the duties OF officers. The FIRST
/ meeting OF said corporation shah be on the second
day of March, A ID. 1856 at its Office in C;ilanan's
block IN sad city Of ST. Paul and the said directors
| may meet the same day.
Special meetings of the stockholders and meet
| lnSs Oh me directors may be called by
the board cf directors or under the bylaws
/ upon such notice as may be prescribed
/ Special meetings Of the directors may be called
| by three dfeetors-in the absence Of by-law-at
| such time aud place and upon such notice as they
may designate.
| seventh-Ihe capital stock Of said corporation
| shall be divided into five thousand shares Of one
hundred dollars ca CHI.
| In witness thereof the said corporators have
hereto set their hands and seals this 27th day OF
January, A. D lss6.
| WILLIAM l. BANNING, Tseal.1
| a. DE CRAZE. SEAL
| ROBERT A SMITH, SEAL
| WILLIAM DAWSON Jr fsealf
FREDERICK ID. BANNING. tSeal1
In presence Of
| j. N, HAWKS,
1 ALBERT SCHEFFER.
STATE OF MINNESOTA,
| COUNTY OF RAMSEY. Z
On this 9th day OF January. A. ID. 1886 before
| me personally appeared william L. Banning
| Andrew De Gran. Robert A. Smith and William
| Dawson. Jr and Frederick ID. Banning TO me vel
| known 20 be the persons described in and VIII,
| signed and executed the foregoing instrument
duly acknowledged that they executed the same q.
| their free act and deed
| JOSEPH n. HAWKS.
/ yNotaria Notary Public.
Seal. Ramsey County. Minnesota.
| STATE OF MINNESOTA.
| IMPAIRMENT oP STATE
thereby certify that the within instrument was
| fled for record in this Office on the 18th day Of
duly recorded In book NJ of Interpretations on PAGE
COS. etc. FRED yoS BAUMBkcH
4'-Ss Secretary Of State