St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-09-03

The undersigned citizens of the State of Min
nesota, have agreed to associate themselves Tor
the purpose Of forming a railroad corporation un-
der the special laws OF said state for the purpose
of locating, constructing and operating standard
gauge railway III said state as hereinafter desIg-
mated, and tor that purpose have agreed to adopt,
anu do hereby adopt the following articles or i'll
corporation, to-Tt:
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
tic main line OF he St. Paul and Duluth rail
road at point III the southwest quarter (SW. ~
of section eighteen QS}, township forty-two (42l,
of range twenty (3U), in tho county of Pine, IL
said StatcS ami running thence III the most FEAST
bic llne to Kettle River, in section ten (l0), o.
said town and range, with an extension northeast
wardly up and near to said river TO the north lint
of township forty-two (i2), of range twenty (20),
aforesaid, with spur track and extension south
erIy from said main line down and as near a.
practicable to said river to the south line of said
township numbered forty-two (4a), and to operate
the same with its locomotives, cars and appl-
ances for the transportation OF passengers and
freight between the points aforesaid and in con-
nectlou with the said st. Paul and Duluth. rail
road.
The general office aud 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-frst day of August, A. ID. 1885,
and the time of the continuance thereof is thirty
1907 years.
ARTICLE THIRD.
The amount of the capital stock of this
poratiOn is one hundred thousand (SlO0,000) dol
lars to be paid In lnstallments from time to time
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-
forming this association tor incorporation
are follows:
WILLIAM IL. GRANT of st. Paul, Minnesota.
JOHN +. 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 G. Lawrence.
The government of this corporation and the
general management of its affairs and business
shall be vested III 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 the board of d-
rectors may prescribe The directors shall be
elected annually by the stockholders 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 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. d. 1886.
w. II. GRANT. rSeal
JOHN 2. KNOWLES. TSeal1
JAMES P. POND Seal
LAFAYETTE SHAW. TSeal.l
CHARLES LAWRENCE. fSeal.1
Signed and sealed in presence of Morton Bar.
rows and w. ID. Williams.