St. Paul daily globe., 1886-12-14

+ A RTICLEs OF INCORPORATION OF THE
IA 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 assocating themselves together
and forming corp oration under and by virtue Of
the laws of the State OF Minnesota. and more es-
pecially under and by virtue of title one Q) of
chapter thiItyfour (34) of the General Statutes of
said state and the several acts amendatory
thereof have adopted and do hereby adopt Arti-
cles of Incorporation, as sfollows
Article l. The corporate name of the corpora
tion 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 railway, with one or more tracks
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
ano 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 the Territory of Dakota. with
such branches, turn.outs and lat.
teral lines as may be fennd nee
essary or expedient for the con-
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
emp owered 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 or
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 (s5O0 O00) dollars. FIVE
per cent of which shall be paid in at the time Of
subscribing the same and the remainder in INSTALL
iuents not exceeding ten (l0) per centum at any
one time, as ordered by the board of directors.
Article 4. The highest amount of indebtedness
OF 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 (S100,0 00) dollars.
Article 5. The names and places of residence
OF the persons composing tbs association are as
follows; Nathan Myrick, st. Paul, Minnesota;
George j. Johnson, La Crosse, Wisconsin; Martin
IT. Moore, La Crosse, Wisconsin, Ebert E. Buck
ingham La Crosse, Wisconsin; Lafe Holiness La
Crosse, Wisconsin, Henry A. Salzer, La Crosse,
wisconsin; Abram Fl. Looney, La Crosse, Wiscon-
sin; James h. A. Ginder La Crosse, Wisconsin;
Ezekiel Clarke. La Crosse. Wisconsin; Volney A.
Bfgelow, 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 M. Egbert, La Crosse, Wisconsin; William
Crooks, St Paul. Minnesota; Frank s. Walker.
La Crosse, Wisconsin.
Article g. The first board of directors of this
corporation shall consist of the following named
persons, viz: Nathan Myrick, Geo G. j. Johnson,
Martin T. Moore, Lafe Holmes, Henry A. Salzer,
Ezekiel Clarke. lanes Ell. A. Ginder, Charles
Franz aud Abram Ii. 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 t5) who shall be elected annually
by the board of directors. The government OF the
corporation and the management of its affairs
sh all be vested in a board of nine 90 directors,
who shall be elected by the stockholders
ann uaIIy on the first Tuesday of June in each year
hereat tter and shall hold their Office until their
successors are elected Nathan Myrick shall be
pres dent; George j. Johnson vice president;
James H. A. Gid er, secretary; Lafe Holmes,
treasurer and Henry A SalZer, Martin T. Moore,
Charles Franz, Abram H. Looney and Ezekiel
Clarke committee.
Article Z. The capital stock of this corporation
,hall be div I'd into ten thousand 100000 shares
osffty (50) dollars each.
iu witness whereof we have hereunto set our
hands and seals this Ist day of November, A. d.