St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-09-08

The undersigned citizens of the State of Min
neSota, have agreed to associate themselves Tor
the purpose of forming railroad corporation I'M
der the special laws of said state for the purpose
of locating, constructing and operating standard
gauge railway in said state hereinafter desig-
mated and for that purpose have agreed to adopt
and do hereby adopt the following articles OF in
corporation, to-wit:
ARTICLE FIRST.
The name of this corporation is 1.-THE Kettle
River Railroad Company" The general nature
of its business is the location, construction and
operation of line of railroad, commencing on
the main line of the st. Paul and Duluth rail-
road at point in the southwest quarter (SW. ~
of section eighteen QS), township fOrty-two az,
of range twenty (20), in the county of Pine, in
said state, and running thence in the most feaSI-
BILE line to Kettle River, in section ten (l0), Of
said town and range, with an extension northeast
wardly up and to said river to the north line
of township forty-two (l2), of range twenty (20),
aforesaid with spur track and extension south
erIy from said main line down and near as
practicable to said river to the south line of said
township numbered forty-two (42), and to operate
the same with its locomotives cars and appli-
ances for the transportation of passengers and
freight between the points aforesaid and in con-
nection with the said ST. Paul and Duluth rail-
road.
The general Office and principal place of the
transaction of its business is the City of St. Paul,
In the county OF Ramsey in said state
ARTICLE SECOND.
The time of the commencement of this corpora
ton is the twenty-ir day of August, A. D. 1886,
and the time of the continuance thereof is thirty
500 years.
ARTICLE THIRD.
The amount of the capital stock of this cor
poration is one hundred thousand (Sl00,000) dol
lars to be paid in installments from time to time
as may be required by resolution of the board of
directors.
ARTICLE FOURTH.
The highest amount of Indebtedness or liability
T. uvhia cai6 on Sha1 ot INV iu1n 10
subject is thirty thousand dollars.
ARTICLE FIFTH.
The names and places of residence OF the per-
sons forming this association for incorporation
are as follows:
WILLIAM H. GRANT of st. Paul, Minnesota.
JOHN p. KNOWLES of St. Paul, Minnesota.
JAMES P. POND of st. Paul Minnesota.
LAFAYETTE SHAW Of st. Paul Minnesota.
CHARLES G. LAWRENCE of st. Paul, Minnesota.
ARTICLE SIXTH.
The first board Of director. of said corporation
are William II. Grant, John p Knowles, James P.
Pond, Lafayette Shaw and Charles G. Lawrence.
The government of this corporation and the
general management of its affairs and business
shall be vested in the board of directors and the
officers of this corporation shall be president,
secretary and treasurer to be elected annually by
the board of directors who shall have such pow
ers and perform such duties as the board of di-
rectors may prescribe. The directors shall be
elected annually by the stockholders on the first
Tuesday in June of each year. the board hereby
constituted to remain in Office until the first
Tuesday in June, A. d. 1887. and until their sue
cessors are elected.
ARTICLE SEVENTH.
The number of the shares of capital stock OF
this company is one thousand shares of one hun
dred dollars each.
In testimony of all which we have hereunto
subscribed our names and affixed our respective
seals at st. Paul, in said State of Minnesota, this
2lst day of August A. ID. 1886.
w. H. GRANT. TSeal
JOHN p. KNOWLES. GSeal.1
JAMES P. POND. ISeaL1
LAFAYETTE SHAW ISeal1
CHARLES G.. LAWRENCE.H Seal
Signed nd sealed in presence of Morton Bar
rows and III. ID. Williams.