Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1886-08-06
~. Articles e1 ION
Il vi
l1ssissii ppii ,eeeh AXE
Rail o1npany.

IS "A LII 1I SSs BY s. THESE rKESENTS
inat vs. tle IIdersigned DO hereby aggree a
cerpOvattOA uDsl Ter and pa rsnant 10 the gen.
eraI laws of the State 81 Minnesota. and is Ihat
eng sio hereby adofr following Articlesso Of
FIRST Tie name 81 the corporati be,reby
formed and orgarised shal belthe & Mississippi
and Leach Lake Railroad Eon1pan 5i#
ID The gcneral nature Of the business Of said
corporation !, shail be The bull ding, inpr owing
building, improving, eqaipping and operating
Ola Railway on the west side 81 the Mississip1i
tRiyer from the City ~ 81. Cloud In Stearns
County hllnnesota BY the way Of Little Falls,
r, me principal place for the. transaction Of
the bns1ness Of said corporation shall be Little
sFalls. ln, Morrison County. Mir nesota. y
aGovSine tine Of The Of
first day f August. a. D, isss, and the period
Of It's ontinuance shall be ffty years. - |.,g
/ q I1IRD:-- he amount Of the Capital Stock OF
sald4 eorpor ton shall be Three Million Dol
lars KY 0O0 coo. and the samessh be paid iii
~ the Beatd Of Directors direct +rI>-..s5S;;$l
s@3FOtRTH:-Th The highest amount of indebted.
ness Or liability TO which said corporation
shall st any time be subject shall be
Ehree y Hon Dollars for its bonded indebt-
edness, aud One MI Hon Dollars for its indebt-
ean IS exciusiveEof that secured by mortgage
4, Fl FrEf:Th The names and places of residence
81 the persons forming this corporation are as
: Ashley 6; Morrill, who resides in the city 81
Brooklyn IN the State OF New York. =, =,
EDWARD N: Johnson and Claude B. Leonard,
who reSide In the City Of Minneapolis, in the
William G. Johnson and George ii. iTo,swu+
send, who roside inthe Villsge 81 Little Mlls,
In the State Of Minheseta.: =
s!XfH:-The government Of said corporation
and the management of its affairs shall be
vested in Board Of Five Directors and In such
officers and agents as said Board Of Directors
Shall elect or appoint
/ The names Of The first Board of Directors
are
Ashley C. Morrill, Edward NJ Johnson,
George II, Townsend.
The annual meeting of the Stockholders OF
said corporation shall be held on the second
Monday Of August in each year at the office OF
each year the Stockholders shall elect Direc. C..
tors and such Directors so elected shall serve
until the next annual meeting and until their
successors N9s es are elected Any vacancy in the
until the next annual meeting.
The Board Of Directors shall, at their annual
meeting, which shall be held at the office Of
he corporation iS 90. on the SECOND Monday in
Of the Stockholders on such day elect from
their number President and Vice President:
and they shall appoint a Secretary Ire lsnrer
and such other officers and agents as they may
consider necessary to the transaction of the
business 1.-THE corporation. The Secretary
and Treasurer of the corporation may or NAV
not be Directors, aud the office of Treasurer
may be held by the President, Vice President
The Board of Directors shall have power to
establish bylaws. The Offices and agencies
created by or in the discretion Of the Directors
may In their discretion be abolished.
Ashley C. Morrill, shall be the first President
lcfS sol ri I~1, "a,
| first Vice President and William c. johnson its
! first Secretary and Treasurer.
Said first Board of Directors and officers shall
hold their respective Offices until the annual
meeting in 1887, and unit! their successors are
sEVENTH:-The number and amount OF
shares Of the Capital Stock of said corporation
shall be thirty thousand shares Of One Hun.
In Witness whereof, we the undersigned,
have hereunto set our hands and seals this
nineteenth day fully, A. D., 1886.
CLAUDE b. LEONARD, tsEAL.
AsHLEY.C. MORRILL,, SEAL
VIM c. JOHNSON, [sEAL.
GEO. H. TOWNSEND. SEAL.
In presence Of
ALBERT H. HALL, witnesses to signatures
". 8. PEARSON. + of Edward NJ JOHN
son and Claude B. Leonard
v. CIV. TuPPEa, "''Ass othe N "'' 'ne
| State of Minnesota, GO
County of Hennepin On this 18th day OF
| July, A.. D. 1886, before me the undersigned, q
Notary PUBLIC, in and for said County and
5tnte, personally appeared Edward II. Johnson
| and Claude B. Leonard, to me personally
! known and known to me to be two Of the per
sons described in, andewho executed the fore.
going, Articles Of Incorporation, and &C.
| knowl:dged that they executed the same freely
and voluntarily for the uses and purposes
| therein expressed.
! seal ALBERT Fl. HALL,
Notary Public,
| Hennepin County, Minnesota
County y Of MorTison. On this DIST day o
! July, A. D. 1886, before rue, the undersigned,
Notary Public. in and for said County ant
! State, personally appeared Ashley c. Morrill,
William c. Johnson and George II. Townsend
| to me personally known aud known to me t
| be three of the persons described in,o and VIII
| executed the foregoing Articles of Incorpora
| ton, and acknowledged that they executed til,
! same freely and voluntarily for the uses ant
purposes therein expressed;
| IsEAL.] C. "A. L1NDBERGH,
Notary Public,
Morrison County, Minnesota;
State of Minnesota, Department of State
thereby certify that the within Instrumen
was filed for record in this Office on the 27tl
day of July, A. D. 1885, at 9 O'Clock a. ~, an,
| was duly recorded in Book 0, Of Incorpora
il tions on page 448, etc.
i FRED Won BAuMBAcH,
Il Secretary of State.