Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1886-06-04
Articles Of incorporation
- = =
f.. :. OF THE .@@%r.
Little Falls, Mile Lacs &
Lake Superior Rail
Way Company.

We. the undersigned, do hereby associ tie
ourselves together as an incorpora ton
o under the prpSSis sn Of Title One q
General Statutes of the State of Min
nesota. as the same is amended, and do hereby
organize by adopting the following articles Of
association .s.5
.ART1CLEI.
The name Of this corporation is and shall be,
1.-THE Little Falls, Mile Laos and Lake Super
ior Rail Way Company"
ARTICLE II.
Corporation shall be the construction
Of one or more, lines of standard Or narrow
gaugn railroad, as may hereafter be deter
mined, from the Village of Little Falls in the
County, Of Morrison and State Of Minnesota.
running thence past the sonth end of Lake
Mile Laos, to point on the ca stern boundary
of said State and one or more branch lines
therefrom. or from some point or points on said
main line to the northern and also to the south
ern boundary of said State, and also to con-
strnct and maintain such elevators warehouses
and telegraph lines along the route of said
railroad and branches, for railroad and gener-
al business, and such terminal and other facil-
tiles for the conduct of railroad and telegraph
business as may be necessary for the successful
operation Of the same, ami for connection with
other roads and routes.
ARTICLE III.
This corporation shall commence on the first
day of May, \; D. 1885, and shall continue for
fifty years, and It's chiefplace Of business shall
be the Village of Little Falls aforesaid.
ARTICLElv.
The amount of capital stock of this corpora
ton shall be two millions $4,000 0O0 iof dollars
which shall be represented by twenty thousand
2O,OOO) shares Of the value Of One Hundred
$500 dollars e2ch, and the same shall be paid
in installments from time to time upon tho call
Of the Directors.
ARTICLE V
The highest amount of Indebtedness to which
said corporation shall at any time be subject
shall be twenty thousand (s20, 0O0) dollars per
mile Of railroad actually built.
ARTICLE VI
The names and places of residence of the per-
sons forming this association tor incorporation
are as follows, to wit:
J. C. Flynn, Little Falls, Minnesota.
Charles Gravel, Gravelville, Minnesota.
+. X. Goulet, j" g
Peter ". Blake, Little Falls,
John Stumpf, Rich Prairie, -
ARTICLE VII.
The officers of this corporation shall be a
President Vice President, Secretary and Treas
treasurer may be held by the same person.,
which officers shall lie elected annually by the
Board Of Directors at it's first regular session in
each year. which meeting shall be designated
by the bylaws.
ARTICLE VIII.
The government of this corporation shall be
vested in Board OF Directors consisting OF not
less than five nor more than nine persons, Il;
! the stockholders may at the regular annual
meeting determine, which meeting shall bt
held on the second Wednesday of June in each
| year. and at which said Directors shall be
! elected, and all Directors and other officers
| shall be stockholders of the corporation.
| The first Board Of Directors Shall be cousti-
| tuted of the following persons J. G Flynn
| Charles Gravel, F. K. Goulet Peter ". Blake
until the next regular annual meeting. ana al
| officers and directors shall hold office unit
their successors are elected and qualified, anc
| all vacancies III the board or any Office may be
! filled by the Board Of Directors at any meeting
| thereof
IntestmOny whereof we have each hereuntc
| set our hands and seals this seventeenth day Of
| April, A. D. 1886.
CHARLES GRAVEL, l.. S.
| FIX. GOULET, l.. S.
| PETER w. BLAKE, L. S.
JOHN STCMPF. l.. S.
Signed sealed and delivered III the presence
f. II. FARNHAM,
JOHN WETZEI.
State Of Minnesota, SIS
County Of Morrison. 90
On this seventeenth day Of April. A. D. 1886
personally appeared before me, Notary Pub
lie in and for said county, J. G. Flynn. Charlie
Gravel, +. \. Goulet Peter W. Blake and Joh
! Stumpf, each to me personally known as tn
! per sons described in and who executed tn
above instrument aud they each acknowledge
that they executed the same voluntarily and a
their own act and deed.
E. II. FARSnAM,
/ [Seal] Notary Public.
STATE OF MINNESOTA,
| DEPARTMENT OF STATE.
| hereby certify that the within instrun,e1
was tiled for record in this Office OH the 13,
day OF May, \. D. 1856, at 5 o'clock D. m, an
was duly recorded in Book 0 of incorporation
OH pages 1872, etc.
FRED Won BAUMBACH,
Secretary of State
OFFICE or REGISTER OF DEEDs,)
STATE GF MINNESOTA, IS
! COUNTY OF MORRISON.
I hereby certify that the within instrumel
was filed in this Office for record on the lat
day of May, A. D. 1886, at o'clock a. m. an
was duly recorded in Book B Of MISCELLANY
page l52, etc.
LYMAN SIGNOR,
Register of Deeds.
BY E. D. HAMILTON.
Deputy.