The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-01-09
mended --Antieies@ of incorporation
of the Duluth Terminal Railway


Company.
KNOW ALE MEN BY THESE PRES
ents: That the undersigned persons do
bscome a body corporate under the pro-
visions of titleE1 of chapter "a OF the Gen-
eral Statutes OF 1878 Of the State OF Mill
nesota. and the acts amendatory thereof.
and to that end do adopt and sign the
following
ARTICLES OF. INCORPORATION
Ftrst-The name of said corporation
shall be the Duluth Terminal Railway
Comp any, The general nature OF its ''as
maintaining of line or lines of railway
along and upon the shores OF SuDei Tor
Bay and ST Louis Bay. in the County of
Point to Minnesota Point, and such
branch lines as may be determined upon
by. Its Board of Directors. from any
point on Its main line to any point or
points in the State of Minnesota. not moro
than fifty miles from the City OF Duluth,
along and over It's lines of railway. and
to erect and maintain all needfui s.de-
tracks. switches. turhouts. engine and car
houses. depots. docks. warehouses and
railway and Its business. The principal
place Of business OF said corporation shall
be the City of Duluth St. Louis County
Minnesota.
Second-The time of commencement Of
said corporation shall be on the otst 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 manner or to be issued upon SUCH
terms as the Board OF Directors may d.
rect. or as may, be prescribed by the
bylaws.
Fourth-The highest amount. of indebt-
edness or liability to which said corpora
subject
be two million dollars.
F1fth-The names and places Of resi-
citation for Incorporation are as follows:
g: G. Hartley, Alonzo J. Whiteman. w.
". Billson. w: F. Phelps, r: s. Munger
}os aa,d p hngsp cfa aggs D. Shannon Mem M
McDougall. Jacob h. Myers and John B.
Sutphin, all Of the City of Duluth. State
sixth-rhe names of the first Board OF
J. D. Ensign. L. Mendenhall. O. II.
R.. Baldwin. VIM. F.. Phelps and ], II.
Triggs.
The government of said corporation and
the MANAGEMENT of it's affairs shall be
who shall be stockholders. and who shall
be elected each year at the annual meet
ing OF the stockholders, which meeting
shall be held at such time and place as
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 unexptred
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 sald City Of
Duluth, and the said directors may meet
the same day.
Special meetings of the stockhol lcrs
and meetings OF the directors may be
called by the Board Of Directors. or under
tbs bylaws upon suoh notice as may be
prescribed. Special meetings Of the d.
rectors may be called by three directors
In the absence OF a bylaw, at such nine
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 corporators here
unto set their hands and seals this 18th
dav of A11CJlsf 1897