The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-01-11
Amended Articles of Incorporation
OF the Duluth Terminal Railway
Cnmnauv
Company

KNOW ALL MEN BY THESE PRES
ents: That the undersigned persons dc
hereby associate themselves together and
become body corporate under the pro-
visions of title l of chapter "a of the Cen
eral Statutes of 1873 of the State of Min
nesota. and the acts amendatory thereof
and to that end do adopt and sign the
following
ARTICLES OF INCORPORATION
Firs-The name of said corporation
shall be the. Duluth Terminal Railway
Company. The general nature of its I,usi.
ness shall be the building. operating and
along and upon the shores of Superior
Bay and ST. Louis Bay. in the County OF
st. Louis and State of Minnesota, and
across said =. Superior Bay from Rice 5
branch lines as may be determined Upon
by its Board of Directors. from any
point on it's main line to any point or
points in the State of Minnesota. not mora
than fifty miles from the City Of Duluth.
and to erect and maintain telegraph lines
along and over It's lines Of railway and
to erect and maintain all needful size
tracks. switches. turnouts. engine and car
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
be the City of Duluth. st. Louis County.
Minnesota.
Second-The time of commencement of
said corporation shall be on the 3lst day
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 instalments 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,
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-
6. g. Gu Hartley lar Alonao J. Whitemen. ".
w sT9n F wi P e hss ssan MungsMf
r. Baldwin: I r. Trlgfs Luther Men lem
McDougall,. Jacob r. Myers and John B.
of Minnesota.
sixth-The names of the first Board OF
Director, shall be the said r; s.; Munger
Graves p InIigP ut1 Ii M e. e. Ha,ey n
R. Baldwin. VIM. r. Phelps and J. H.
Triggs.
The government of said corporation and
vested in a board Of five % directors
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
the Company's bylaws shall from time
to time direct.
There shall also be 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 di-
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 Eext
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 s.s5 3 sfss
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 stockholders
and meetings of the directors may be
called by the Board of Directors, or under
the bylaws upon such notice as may be
prescribed. Special meetings of the di-
rectors may be called by three directors
in the absence of a bylaw at such time
and place, and upon such notice as they
may Designate. F,as@
Seyenth-The capital stock of said cor
poration shall be divided into twenty
thousand shares of one hundred dollars
each
In witness whereof the oorporators here
unto set their hands and seals this 18th