St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-02-24
OF THE
Duluth, Park Point and Southern Rail-
road Company.

hhow All men By these presents: That the un-
t.S persons do hereby associate themselves
togetner and become BODY corporate under the
provisions OF title OF chapter a. OF the General
90. Lo'o' OF the state of Minnesota, and ia
IHat Gnu nave adopted and signed the following
articles OF Incorporation.
.1rhr name Of said corporation shall be,
Ihe Duluth, Park Point and Sontbarp Railroad
Company The general natI,rs - ;ts b,,zinas,
snail be the building, OPERATING or5 -oai.t.irina
of line of railway from Sos iu ~ ar ',ill5
point, in the village of Duluth in & ~ .a,,ot,
and state Of Minnesota. across tbe 49, S C+is!,
OF Duiuth 20 Minnesota point in said county and
thehce along saId Minnesota point in a northerly
ana southerIy direction t. the northerTy end
southerly limits of said Minnesota MONT "a -
erect lines OF telegraph along or over ire 49, "
railroad, and with all needful and coDvarieTt A.
pots. carhOuSes, stUrehOuses. machine shoDs ara
other buildings aad appendages incident to said
railway or its business; the principal place Of bns
ness OF said corporation shall be the city of St
Paul, in Minnesota.
Second-The time of commencement OF saH
corporation shall be the 18th day Of February =
D. 1856, and the period of its continuance shall bs
ninety-nine years.
Third-The amount of capital stock of said cor.
poratiOn shall be the sum OF five hundred thou
sand dollars to be paid in in such iustalIments Or
IN such manner or TO be issued upon such terms as
the board of directors may direct or as NAV be
prescribed by the bylaws
Fourth-Tne highest amount Of indebtedness or
liability TO which said corporation shall be SUBJECT
shall be five hundred thousand dollars
Fltth-The names and place Of residence Of the
shall be as follows: William l.. Banning residing
at St Paul Minnesota: Andrew DeGraf residing
at said St Paul; Robert \. Smith residing at said
St Paul; Frederick ID. Banning, residing at said
St. Paul, and William Dawson, Jr residing at said
ST. Paul.
Sixth-The names Of the first board NJ diraotors
shall be the said Villa N L. Banning Andrew De-
Graft Robert A. Smith, Frederic D. Banning and
William Dawson, Jr.
The government of the said corporation and
management Of its affairs shall be vested in a
board OF five directors, who. except the rres-
ent directors, shall be stockholders and who
shall be elected each year q the annual meeting
OF the stockholders. TO take place on the 6rst
Tuesday of April of each year at the Office of said
corporation IN said city Of st. Paul unless or until
otherWlse changed by the bylaws. There shall
also De 4 president, vice president. secretary and
treasurer, and there may be such other officers aa
may be provided by the board of directors or ura.
scrlbed by the bylaws, all of which said officers
shall be elected by the directors on the same dav
of the said annual stockholders meeting unless
otherwise changed by the bylaws The directors
may MI all vacancies in their number or OF
any oihcer Tor the uneNplred 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 office for
one year and until their successors are elected or
appointed and qualify or accept office
The directors shall have power to adopt all by.
laws and prescribe the duties of officers The first
meeting OF said corporation shall be on the second
day of March, A. d. 1886, at its office in GufUans
block in said city of St Paul and the said directors
may meet the same day.
Special meetings of the stockholders and Dea+.
ings of the directors NAV be called by
the board OF directors under the bylaws
upon such notice may be prescribed.
Special meetings of the directors may be called
by three directors-in the absence of a by-law-at
such time and place and upon such notice as they
may designate.
Seventh-The capital stock of said corporation
shall be divided into five thousand shares OF one
hundred dollars each.
In witness thereof the said cOrporators have
hereto set their hands and seals this 27th day of
January, a. ID. 1856.
WILLIAM l. BANNING, 1Seal1
A. DE GRAEF Seal
ROBERT A. SMITH TSeaL
WILLIAM DAWSON. Jr., Seal
FREDERICK ID. BANNING, lSeaL1
In presence Of
j. NJ, HAWKS,
ALBERT SCHEFFER.
STATE OF MINNESOTA,
COUNTY OF RAMSEY. (
On this 27th day of January, A. D. 1886 before
me personally appeared William L. Banning,
Dawson, Jr., and Frederick d. Banning to me well
known TO be the persons described in and who
signed and executed the foregoing instrument
duly acknowledged that they executed the same as
their free act and deed.
JOSEPH NJ. HAWKS,
Notarlal Notary Public,
/ Seal Z Ramsey County, Minnesota.
STATE OF MINNESOTA,
DEPARTMENT OF STATE.
hereby certify that the within instrument was
filed for record in this office on the 18th day Of
duly recorded in book NJ of interpretations on page
COB, etc. FRED Won BAUMBACH
1898 Secretary of state.