St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-05

THIS AGREEMENT FOR INCoRPoRA-
Il ton, made and entered into by and be-
tween Patrick FL. Kelly, John F. Baker, Will
lam Foulke, Charles f. Diether, James d.
Springer,
Witnesses: That the parties hereto do
hereby associate and unite together as a cor
poration under the provisions of title l.
chapter "a, General Statutes, and for that
purpose do make, agree to and execute the
following articles of incorporation.
Article l: The name of this corporation
shall be The Duluth & Superior Railway
Terminal Company.
The time OF the commencement of this
corporation shall be the 9TH day of March,
a. ID. 1889, and the period of its continu-
ance shall be one hundred 400 years there
after.
Article 2. The amount of the capital stock
OF this corporation shah be one hundred
thousand dollars (S100, 00O), divided into
one thousend Q,O0O) 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-
termine.
Article 8. 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 (S25, 00O), exclusive of such indebted
ness as shall be secured by mortgage or
otherwise. -.
Article 4 The general nature Of the bust
ness of this corporation shall be to construct
or acquire, and to maintain and operate rail
way lines, railway tracks. and appurtenant
structures and Observation-Disclosures in and about
the city OF Duluth, in 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 OF either of them,
with each other, and with all mills manu-
factories and other industries, now or here
after existing in or near the said cities, or
either OF them, requiring railway facilities,
and generally to carry on the business of q
railway ny,t terminal company in and about the
fportation and transfer of passengers and
5property, 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-
1struct1on, acquisition. maintenance and OPP
Grafton OF which by the corporation created
hereby are contemplated by the foregoing
provisions, are the following, to-wit:
First-A line of railway, with any number
#of tracks not exceeding four az, extending
from point in the said city of Duluth to q
point in the SAID city of Superior b.
Second-A line, or lines of railway tracks
connecting the railways of the Duluth & Iron
Ra 11l kailway Company, The St; Paul y Du-
apolis Omaha Railway Company. the St
Paul, Minneapolis & Manitoba Railway Com
spahy, the Northern Pacific Railroad Com
fpany, the Eastern Railway Company of Min
nesota and the Duluth, South Shore & At
lantic Railway Company with each other,
and with the line of railway first above men,
toned, and with all mills, manufactures,
elevators, wharves coal docks iron ore
docks and all other industries now or here
after situated in Or near either OF said cities
requiring railway facilities and also the
other lines of railway and railway tracks,
now or hereafter existing, in or near either
of said cities.
Article 5. 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 board Of five 90 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
ISOLATION for Incorporation are as stated in
the caption hereof, and they all reside in the
city of st. Paul and state Of Minnesota. ex-
cept James D. Springer, who resides in the
city of Minneapolis, in the said state.
The names of the first board of directors of
this corporation are as follows: Patrlck
3. Kelly, William Foulke, John F. Baker,
and they shall hold Office as such until the
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. 1850.
PATRICK II. KELLY, [Seal1
WILLIAM FOULKE, ISeal1
JOHN +. BAKER, fSeal1
CHARLES F. DIETHER, ESeal
JAMES d. SPRINGER, [Seal1
Signed. sealed and delivered in presence Of
W. Fl. MCDONALD,
WILLIAM S. MOORE.