The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1901-08-24
Articles Of
Incorporation


TWO TWO ISLAND RIVER DRIVING 4 LOGGING
COMPANY.
sss Know All Men BY These Presents. that We
sociated ourselves together and do hereby asso-
Eclate ourselves together under the Constitu-
lion and General Laws Of the State Of Minneso-
e. e. e. rs under the name and for
the 1rpose s hereinafter set forth. and to that
eno. 40 hereby adopt the following Articles of
Incorp ration. re
& N ss5 ARTICLE#I
The 1 name Of this corporation shall be TWO
ISLAND RIVER DRIVING a. LODGING
CONE COMPANY ~ and the general nature of its bust
ness shal pc the improvement Of 4 Two Island
River, non-nayi gable stream in the County Of
Cook ana State of NJ Minnesota, by cleaning and
straag htening the channel thereof, closing
Of sue bling, slnicing and flooding dams, or
otherwise, IT necessary, removing the rock and
other opstructions from the river for the pur-
holding of logs and timber therein, from the
head OF Upper waters of said river in Township
Fifty y. nine North Of Range Five West, and ex-
tendang throughout the course OF said river
through said township and through Township
FiftY-eight North Of Range 5 West, to the mouth
OF sald river at the north shore of Lake Superb
or, ana LOT the purpose Of mai ntaining such i'm
proyements and operating said stream and said
works so as to render the driving of logs there
on reasonably practicable and certain and to
engage IN the driving of logs therein and hold
i lhg ,hand1 1 booming Of logs therein and to
on the Iogs. lumber and timber driven, doomed,
sluiced or Heated in or on the same. and the do
ing 1 o. an things necessary and incident to the
the rights and privileges insured to such cor
poratlons under the Constitution and laws Of
SAID state, the said river not having been I'M
son, company or Incorporation, and without such
improvement, being unfit for the rum ing driving
or slulclng of logs. timber or lumber. The
Sc id compan shall beFat the Post Village Of
sI'ofte In the County Of Cook and State Of Mime
sofa. S.ss.% y = ltd & & .7..r&51 &s, -. =
b ARTICLE II. 3
The time of the commencement of this cor
poration shall be July 1, 1901, and the period of
its existance shall be fifty years. II - .s>
.a s ARTICLE III. Is j t. =
The amount of the capt. al stock of this corpor
alton shall be Fifty Thousand Dollars of which
scrlbed before the company commen ces business
and the said stock shall be pail in as called for
by the board Of directors. ..1t + .G@42 ~ .
Be ! ARTICLE ~. (. 49,. EEEsg.4' z !:
i The highest amount of Indebtedness or liabil-
jty to which said corporation shall at any, time
Dollars. = -f;S455.<- r. n = r. 7'T0
i Z. ARTICLE v. EF'-r s|J&.,.t D..
The names and places of residence of the per-
sons forming this association for the purpose of
incorporation are as follows: Hans o. Engel-
n a. Tof and hdward
William Carlson. residing at Duluth, Mlnneso-
ia. ~ .~ VI - :.
r. ~5ss~.$: ARTICLE VI + :..& ~
/. The government of this corporation and the
mana cement and conduct of its affairs is hereby
vested in a board of FIVE directors and the Of
hcers hereinafter specified. to be elected by the
said board of directors The members of said
board of directors shall all be stock holders and,
except those first chosen to act as such until the
first annual meeting, shall be elected bv the
stock holders at their annual meeting on the first
Tuesday in October in each year, and such board
of directors shall upon the day of their election,
or within ten days thereafter, meet and organ
ize and elect the following officers, to-wit: A
president. q vice president. a secretary and a
treasurer Said board of directors may meet for
he purposes of organization upon the call of any
to the others. or by consent. A majority of
such board may meet without notice and organ
izes such majority concurring in any action
taken at such meeting. Thefrst annual meeting
of said board shall be held on the first Tuesday
in October. 1901. The meetings of the stock
holders orfdirectors of this corporation may be
held at any place other than the principal place
ofbusiness. where it's deemed most convenient
to assemble for the conduct of such business,
and meetings of the stockholders and directors
may be adjourned from time to time and from
place to place until the business thereof is com.
pleted. zf& ~ .:ss4 ~ a#
The board of directors shall adopt such bv.
laws, rules and regulations, not inconsiste 1t
herewith or with the laws and constitution OF
the state OF Minnesota as it shall deem proper
for the management of the corporation and the
conduct OF its business, and may provide there
In the manner OF calling meetings ofthe corpor-
alton Or ofthe board of directors. and for giving
n6 har 10
shall be held. ~ :. = -. -,
The members OF the board of directors and the
officers ofthis corporation; except those desig-
mated to act as such until the first annual meet
ing, shall hold their offices for the period of one
year, OF until their successors are elected and
qualified FGE ~ 80 i -'z& * ) - j ~.
ploy such agents and other officers as it may
deem nee essary for the conduct of the business
OF the corporation, and may discharge the same
at Will, and such board may provide for the
payment OF any of the officers, agents or employ
ees OF the corporation and cause the same to be
palId from the treasury of the company =.
Inc names of the first board of directors to act
as such until the first annual meeting and until
their successors are elected and qualified are as
follows: Hans O. Engelsen John Tofte. An
drew: Tote, Edward Toftey and William Carlson,
ana ana Until the first annual meeting and the
herein provided. the following persons shall be
the officers of this corporation: Hans 0. Engel-
sen, President, ANDREW Tote, Vice President,
Treasurer. siss $3 @;a
ARTICLE VII. 5.ifs
The capital stock of this corporation is divided
into five hundred shares Of one hundred dollars
each. ##5 &&@#.s5 igT ..| B
In Testimony Whereof we have hereunto set
our hands and seals this TWenty-sixth day of
June, AID. 1901. s2s.il @ at Y
HANS O. 5ENGELSEN 49, f. EsEAL1 i !.
JOHN TOFTE as z fsEALi N
ANDREW TOF'TE as I& fsEALl
EDWARD TOFpEY - ~ sfsEALi Ga
VIM CARLSON "a .>f1.. As 4 'ea% IsEALl s.$5
Signed and Sealed in B presence of G..
a. y A. IL Nelson, E Hans Jacobson wit
nesses as to Hans O. Engelsen, j ohm Tofte,
Andrew Tofte. Edward Toftey.E b. n johnson,
G. signalness, witnesses as to signature Of VIM.
Carlson - t ~ ~ #tt.zs *s5.5
SrAf GeG oE M VI eo5s' '15 S.. " ...
& On this 3rd day Of J uly. 1901, before me a
Notary Public within and for said county, per-
sonally appeared Hans @. Engelsen, ohm Tofte
Andrew Tote, Edward &c fey, to me personally
known to be the same persons described in and
who executed the foregoing articles Of incorpor-
alton and they acknowledge that they execut-
ed the same as their free act and deed for the
uses and purposes therein mentioned.
s NoTAHIAL CA A. NELSON,
SEAL b Notary Public, Cook CO., Mimi.
.sTATE.oF MINNESOTA,
355 COUNTY OF ST. LOUIS. - - ||sSs 85
. On this 10th day of July, 1901, before me q.
Notary Public within and for said county, per-