St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-12-15

A RTICLEs OF INCORPORATION OF THE
N Rainy Lake River and Southwestern Railway
Company To all to whom these presents shall
come: Be it known that the undersigned persons
for the purpose of associating themselves together
and forming corp oration under and by virtue Of
the laws of the State OF Minnesota. and es-
pecially under and by virtue of title one (D Of
chapter thirtyfour (S4 of the General Statutes Of
said state and the several acts amendatory
thereof have adopted and do hereby adopt Arti-
cles of Incorporation, as follows:
Article l. The corporate name of the corpora
ton shall be The Rainy Lake River and South
western Railway Company. The general nature
OF the business OF the corporation is and shall be
to survey, locate, construct maintain. operate
and own railway, with one or more tracks or
lines of road, and the equipment therefor, with
all necessary side-tracks and turn-outs. and all
machine shops, warehouses, storehouSes, eleva-
Tors, depots station houses factories, buildings,
structures, erections and appurtenances necessary
and convenient for the management, equipment
ana operation OF said railway from point on the
west bank of Rainy Lake river, south of the Lake
of the Woods, at the mouth OF Rainy Lake river,
in the County of Beltrami and State of Minnesota.
in a southwesterly direction toward Bismarck,
in the Territory of Dakota. with
such branches. turn-outs and lat
teral lines as may be fonnd nee
essary expedient for the
The principal place of transactng the business
of this corporation is and shall be at the village
of La Crescent. in the county of Houston and
state of Minnesota but the directors are hereby
empowered to remove the general Office of the
corporation from time to time to any point on the
line OF road as they may deem necessary
proper.
Article 2. This corporation shall commence on
the fifteenth day of November A. D. 1886, and
shall continue for period of fifty (50) years.
Article 8. The capital stock of this corporation
is five hundred thousand $500 .O0) dollars. five
per cent of which shall be paid in at the time Of
subscribing the same and the remainder in INSTALL
ments not exceeding ten (i0) per centum at any
one time ordered by the board of directors.
Article 4. The highest amount of Indebtedness
or liability to which said corporation shall at any
time be subject exclusive of its Indebtedness Sc
cured by mortgage of its property, shall be one
hundred thousand 00,000 00) dollars.
Article 5. The names and places of residence
of the persons composing this association are as
follows; Nathan Myfick, st. Paul, Minnesota;
George j. Johnson, La Crosse, Wisconsin; Martin
T. Moore, La Crosse. Wisconsin, Ebert E. Buck
ingham La Crosse, Visions n; Late Holmes La
Crosse, Wisconsin; Henry A. Salzer, la Crosse,
Wisconsin; Abram FL. Looney, La Crosse, Wiscon-
sin; James FL. A. Gnder La Crosse, wisconsin;
Ezekiel Clarke. La Crosse, wisconsin, Volney A.
Bigelow, La Crosse wisconsin, Charles Franz,
La Crosse, Wisconsin; Alfred Harrison La Crosse,
Wisconsin; John P. Richmond, La Crosse. Wis
| consin; Samuel Y. Hyde. La Crosse wisconsin,;
| Francis NJ. Egbert, La Crosse, Wisconsin; William
| Crooks, St Paul, Minnesota; Frank s. Walker
| La Crosse, Wisconsin.
| Article 6. The first board of directors of this
corporation shall consist of the following named
! persons, viz: Nathan Myrick, George j. johnson,
| Martin 7. Moore, LATE Holmes, Henry A. Salzer,
| Ezekiel Clarke, ,ames II. A. Ginder, Charles
| Franz and Abram IL. Looney, who shall hold their
| offices as such until the first Tuesday of June,
| 1887 or until their successors are elected. The
officers of said corporation shall be president,
| vice president, secretary. treasurer and COM
mittee of FIVE (5) who shall be elected annually
by the board of directors. The government of the
| corporation and the management of its affairs
| shall be vested in board of nine (9) directors,
| who shall be elected by the stockholders
annually the first Tuesday of June in each year
| hereafter and shall hold their Office until their
| successors are elected Nathan Myrick shall be
president; George j. johnson, vice president;
James HI. A. Ginder. secretary; LATE Holmes,
| treasurer, and Henry A. Salzer, Martin T. Moore,
| Charles Franz, Abram III. Looney and Ezekiel
Clarke committee.
Article Z. The capital stock of this corporation
shall be div ed into ten thousand 40 000) shares
| of fifty (50) dollars each.
| In witness whereof we have hereunto set our
\ hands and seals this Ist day of November, A. d.