St. Paul daily globe., 1889-02-27

THIS AGREEMENT FOR INCORPORA-
i ton made and entered into by and be-
tween Patrick ii. Kelly, John Il. Baker, Will
lam Foulke, Charles F. Diether, James ID.
Springer,
hereby associate and unite together as cor
poration under the provisions of title l,
chapter Sd, General Statutes, and for tnat
purpose do make, agree to and execute the
following articles of incorporation.
Article 1: The name of this corporation
shall be- The Duluth & Superior Railway
Terminal Company. i-hs
The time of the commencement of this
corporation shall be the 9TH day of March,
A. d. 1889, and the period of its contintl-
ance shall be one hundred 900 years there
after.
Article 2. The amount of the capital stock
OF this corporation shall be one hundred
thousand dollars (S100,O0O), divided into
one thousend (1,OaO) shares OF one hundred
900 dollars each, and the same shall be
paid in at such times and in such install
meuts as the board Of directors shall de-
termile.
Article s. The highest amount of Indebted
ness or liability to which this corporation
shall, at any time. be subject shall not eX-
ceed the sum of twenty five thousand dol
lars 5000, exclusive of such Indebted
ness as shall be secured by mortgage or
otherwise.
Article 4. The general nature of the bus-
or acquire. and to maintain and operate rail
way lines, railway tracks, and appurtenant
structures and instrumen talltles IN ana about
the city of Duluth, i'll the state of Minnesota,
and the city of Superior in the state of Wis
consin, leading to and connecting with the
various railway tracks and lines of railway,
now or hereafter existing and extending
into or near the said cities or either of them,
with each other ana with all mills manu-
factories and other industries now or here
OFT tiy,rr ir,ar tha cQI
either of them, requiring railway facilities,
and generally to carry on the business of a
railway terminal company in and about the
said cities, or either of them, in the trans
portation and transfer of passengers and
property, and the transaction of all other
business Of which railway company, or
railway terminal company, is now, or here
after may be, capable under the laws OF this
state.
1t is expressly declared, that among the
railway lines and railway tracks, the con-
struction, acquisition. maintenance and OPP
Grafton of which by the corporation created
hereby are contemplated by the foregoing
provisions, are the following. to-wit:
First-7A line of railway, with any number
of tracks not exceeding four ~, extending
from point in the said city of Duluth to a
point in the said city of Superior.
Seeond-A line, or lines of railway tracks
connecting the railways of the Duluth 4 Iron
Range Railway Company, the St. Paul q Du-
lutil hdilIOdQ thC Dts L dui, IuihiiO-
apolis & Omaha Railway Company, the St.
Paul Minneapolis d Manitoba Railway Com
pany. the Northern Pacific Railroad COM
pany, the Eastern Railway Company OF Min
nesota and the Duluth, South Shore d At
lantic Railway Company with each other,
and with the line of railway first above men,
toned, and with all mills, manufactures,
elevators, wharyes, coal docks, iron ore
docks, and all other industries now or here
after situated in or near either of said cities
nj Iuo facilities q
other lines of railway and railway tracks,
now or hereafter existing, in or near either
of said cities.
Article 3. The principal place of trans
acting the business of this corporation shall
be at the city of st. Paul and state of Mime
sofa.
The government of this corporation and
the management of its affairs shall be vested
in a board of five (5) directors, to be elected
annually on the first Tuesday of May in each
year during the continuance of this corpora
ton, commencing with the year 1889.
The names of the persons forming this as
soclation for incorporation are as stated III
the caption hereof, and they all reside in the
city Of st. Paul and state of Minnesota ex-
ceptJames ID. Springer, who resides i'll the
city of Minneapolis, in the said state.
The names of the first board of directors of
this corporation are as follows: Patrick
II. Kelly, William Foulke, John f. Baker,
Charles F. Diether and James D. Springer;
first Tuesday in May, A. D. 1889. and until
the election of their successors.
The said William Foulke shall be president,
the said Charles F. Diether shall be secretary,
the said Patrick II. Kelly shall be treasurer,
and the said John F. Baker shall be vice
president of this corporation; and they shall
respectively hold Office as such until the first
Tuesday in May, 1889. and until the election
of their successors.
In testimony thereof, the parties hereto
have hereunto subscribed their names the
twenty-third day of February, A. D. 1889.
PATRICK II. KELLY, tSeal.1
WILLIAM FOULKE, [Seall
JOHN +. BAKER, ISeal.]
CHARLES f. DIETHER, Seal.
JAMES I. SPRINGER fSeal1