St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-09-07

The undersigned, citizens of the State of Min
nesota, have agreed to associate themselves fol
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 "The Kettle
River Railroad Company" The general nature
of its business is the location, construction and
operation of a 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 feast
bic line to Kettle River, in section ten O0), OF
said town and range, with an extension northeast
wardly up and near to said river to the north line
of township forty-two (42), 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 twentyfirst day of August, A. d. 1886,
and the time of the continuance thereof is thirty
(S0) years.
ARTICLE THIRD.
The amount of the capital stock of this cor
poraton is one hundred thousand (SlO0,0OO) dol
as may be required by resolution of the board of
directors.
ARTICLE FOURTH.
The highest amount of indebtedness or liability
to which said corporation shall at any time be
subject is thirty thousand dollars.
ARTICLE FIFTH.
The names and places of residence OF the per-
sons forming this association for incorporation
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 directors of said corporation
are William II. Grant. John p. Knowles James p.
Pond, Lafayette Shaw and Charles C. 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 a 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. ID. 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
21st day Of August A. D. 1886.
w. H. GRANT 1Seal
JOHN z. KNOWLES. TSeaLl
JAMES p. POND. 1SeaL1
LAFAYETTE SHAW fSeall
CHARLES G. LAWRENCEE Seal
Signed nd sealed in presence of Morton Bar.
rows and NJ. NJ. Williams