The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-07-20
Articles of Incorporation of the
"Gulf and Manitoba Railway
Company of minnesota"


Be it known, That the undersigned, with
the intention of associating themselves to-
gether and forming a corporation for the
purpose Of constructing, maintaining and
operating railroad for public use In the
conveyance or persons and property, I'M
der and by virtue of the laws of Mime
sofa, especially under and by virtue Of
Title One Of Chapter ThiPty-four of the
Statutes of 1894 Of said State, and the acts
amendatory thereto, have adopted and do
hereby adopt Articles Of Incorporate as
follows:
ARTICLE FIRST.
The corporate name of this corporation
shall be: Gulf & Manitoba Railway
Company of Minnesota
The general nature Of the business Of
the corporation shall be to survey, locate,
construct, own, maintain and operate
railroad and telegraph line in the State of
minnesota, from point on the State line
OF OF Iowa. south Of the Village Of Jackson.
thence in northerly direction through
the counties of Jackson, Cottonwood,
Br9Wn, Redwood, Renville, Kandiyohi
6no Steafns to a point at or near Sank
Center, being about 167 miles
The principal place of transacting the
tSs ness OF this corporation shall be In
the city Of st. Paul, in the County Of
Ramsey and State of Minnesota. and this
at some point on its line an office, to be
knoWn as its general office within the
state or Minnesota, at which some officer
OF agent snail be kept upon whom SER
vice of all legal process against this com
pany may be made
ARTICLE SECOND.
This corporation shall commence on the
TIoWenty-second (22nd) day of June, A. D.
1899, and shall continue for a period of
one hundred years.
ARTICLE THIRD.
The capital stock of this corporation
shall be Fifty Thousand Dollars divided
into shares Of One Hundred Dollars each
and shall be paid in as called for by the
ARTICLE FOURTH
The highest amount of Indebtedness or
liability to which this corporation shall
at any time be subject, including bonded
debt, shall be Two Million Five Hundred
Thousand Dollars ($2,500, 000.00).
ARTICLE FIFTH.
The names and places of residence Of
are as follows:
Hans Gronnerud. Beaver Falls. MINI.
Mason w. Spicer Willmar, Mimi.
]. K. Brown, Jackson, MINI.
3. E. Carpenter, Canton, South Dakota.
F. T. Campbell, Des Moines, Iowa.
J. J. Bell, Des Moines, Iowa.
j. A. Carpenter, Alvin, Illinois.
ARTICLE SIXTH.
The first Board of Directors of this cor
poration shall consist Of the following
named persons: Hans Gronnerud, Mason
W. Sptcer, J. K. Brown, E. E. Carpenter,
f. T. Campbell, J. J. Bell and ]. A. Car
until their successors are elected.
The officers of said corporation shall be
a President, Vice President, Secretary and
Treasurer, who shall be annually elected
by the Board of Directors. An Executive
Committee of three may also be elected.
The government of the corporation and
the management of its affairs shall be
vested in a board of seven directors who
shall be elected by the stockholders an
nually on the fourth Thursday in June.
Until their successors are elected e. E.
Carpenter shall be President, Hans GrOn-
nerud shall be Vice President, J. J. Bell
shall be Secretary and F. T. Campbell
shall be Treasurer.
ARTICLE SEVENTH.
The capital stock of this corporation
shall be divided into five hundred shares
of one hundred dollars each.
In Witness Whereof, We have hereunto
set our hands this twenty-seCond day of
June, A. D. 1899.
HANS GRONNERUD,
MASON w. SPICER,
E. E. CARPENTER,
FRANK T. CAMPBELL,
j. ]. BELL.
Witness as to the signatures of Mason
w. Spicer E. E. Carpenter, Frank 7.
Campbell and j. J. Bell:
RUSSELL SPICER,
CARLETON L. WALLACE.
Witness to the signature of Hans Gron-
nerud: JOHN KELLY,
e. E. COOK.