The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-01-08
Amended Articles of Incorporation
of the Duluth Terminal Railway

Amended Articles of Incorporation
of the Duluth Terminal Railway
Company.
ents: That the undersigned persons do
hereby associate themselves together and
become body corporate under the pro-
era Of e Of 81 o tier . Of o @
nesota, and the acts amendatory thereof.
and to that end do adopt and sign the
following
ARTICLES OF. INCORPORATION
First-The name of said corporation
shall be the Duluth Terminal Railway
Company. The general nature of its husi-
ness shall be the building. operating and
maintaining of a line or lines OF railway
Bay and st. Louis Bay. in the County of
ST. Louis and State of Minnesota, and
across said Superior Bay from Rice's
Point to Minnesota Point, and such.
by its Board of Directors, from any
point on It's main line to any point or
points in the State of Minnesota, not more
than fifty miles from the City Of Duluth.
and to erect and maintain telegraph lines
along and over its lines of railway, and
to erect and maintain all needful SIDE
houses. depots. docks. warehouses and
machine shops incident to said line of
railway and its business. The principal
place of business of said corporation shall
Minnesota. -, .' s.-s
Second-The time of commencement of
said corporation shall be on the 31st day
of August, 1887, and the period of its con-
tinuance shall be fifty years.
Third-The amount of capital stock Of
said corporation shall be two million dol
lars. to be paid in such instruments or in
such a manner, or to be issued upon such
terms as the Board OF Directors may d.
rect, or as may. be prescribed by the
bylaws.
~
edness OF. liability to which said corpora
ton shall at any time be subject shall
be two million dollars.
Fifth-The names and places Of resi-
dence Of the persons forming this asso-
citation for Incorporation are as follows.
G. G. Hartley, Alonzo J. Whiteman. w.
". Ellison, w: F. Phelps, R: S. Munger,
r. Baldwin Il ! f. Triggs Luther Men len
McDougall. Jacob r. Myers and John B.
of Minnesota.
sixth-The names of the first Board of
Directors shall be the said r. S. Munger.
GraI D. EnT1gp srth Il Msnd a Hde a
r. Baldwin. VIM. F. Phelps and j. H.
Triggs.
The government of said corporation and
the management Of its. affairs shall be
vested in a board of five Co. directors
who shall be stockholders, and who shall
be elected each year at the annual meet
illS VI Inc StOChHOlQGTSI WHICH meeting
shall be held at such time and place as
the Company's bylaws shall from time
to time direct
There shall also be a president, vice
president. secretary and treasurer and
there may be such other officers as may
be provided by the Board of Directors or
prescribed by the bylaws. all of which
said officers shall be elected by the d.
rectors On the same day Of the annual
stockholders meeting, unless otherwise
changed by the bylaws. The directors
may fill all vacancies in their own num-
Der or of any officer for the unexpired
term. and elect all officers until the next
annual meeting of the stockholders. The
directors and other officers, except as
herein otherwise provided, shall hold Of
flee for one year and until their success
sors are elected or appointed, and qualify
or accept office.
The directors shall have power to adopt
all bylaws and to prescribe the duties of
officers. The first meeting of said cor
poration shall be on the first day of Sep
TENDER. 1887, at its office in the said City of
Duluth and the said directors may meet
the same day
Special meetings of the stockhol iegs
and meetings of the directors may be
the bylaws upon such notice as may be
prescribed Special meetings of the d.
rectors may be called by three directors
in the absence of bylaw. at such time
and place. and upon such notice as they,
may designate.
Seventh-The capital stock of said cor
poration shall be divided into twenty
thousand shares of one hundred dollars
each.
In witness whereof the corpora tors here
unto set their hands and seals this 18th
day of August, 1887.