The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-02-14

ANCW ALL MEN BY THESE PRES
ehts, Ihat we the undersigned for the
purpose or becoming Incorporated and
creating corporation under and pur-
suant to- the provisions of Title or
SShapter of the General Laws Of the
State of Minnesota 1894 and of the acts
amendatory thereto-do hereby make.
execute and adopt and have adopted the
following articles Of Incorporation:
flrst-Ihe name of this corporation
snail be the Minnesota Iowa ana
Eastern Railway Company; and the gem
efal nature Of the business Of said cor
poratlon shall be the building, construct
ing and operating of railroad or rail-
roads within the State of Minnesota and
from and to such points within said
state as may be determined upon by said
corporation, and to such points in any
inelenporlng states or other points with
IN the United States as may hereafter
be determined
The principal place for the afransaction
OF the business of such corporation shall
pc the City of st. Paul In the county of
Ramsey and State of Minnesota
Second-The time of the commencement
OF Sald corporation shall be the 10th day
OF February 1902, and the period of the
Tor fifty years next thereafter.
Third-The amount Of the capital stock
OF said corporation shall be Three Mil
i ION. dollars ($50 00,O00): Said capital stock
may De paid in at the time of the is
suance Of the same or any of the same
or at such times and in such amounts
as aftd the Board of Directors of said corpor-
at Fol,rt nay T,, determine by it's bylaws.
fourth-Ihe highest amount of in
deptedness or liability to which said cor
porauon shall at any time be subject
snail be the sum of Four Million. five
hundred thousand dollars ga. 500. O00)
t1ftn-The names and places Of resi-
dence Of the persons forming such cor
roration are:
John Graham, residing at Minneapolis,
Joseph W Sullivan rasidiro 81 Mn
neapolis. Minnesota
Ezra c. Eschelby, residing at st. Paul,
Minnesota
Ed Edward Feldhauser, residing st st.
Minnesota
Slxth-The names of the first Board of
D directors Of SAID corporation are the
AFORESAID, John Graham, Joseph w. Sui
ilVan, Ezra G Eschelby, Edward Field
bauser and Arthur Sweeney Said d.
rectors shall hold their office until the
first annual meeting of said corporation
as hereinafter provided and until their
successors are elected and qualified The
government of said corporation and the
management of its affairs shall be vest
ed III a board of directors consisting OF
five persons, and said board of directors
snail elect from their number a Presi-
dent, Vice President, Secretary and
treasurer And such persons so elected
snail be ex officiO members of said board
OF directors. Said board of directors
shall be elected at the annual meeting Of
said corporation and at such annual
meeting said directors when elected shall
elect from their body the said President
vice President. Secretary and Treasurer
The office of Secretary and Treasurer
may be held by the same person Said
beard OF directors are also empowered to
appoint SUCH assistant or subordinate
oThcSrs, including a general manager, as
may be necessary. Said persons so elect
ed officers. shall hold their Office until
the annual meeting Of said corporation.
and until their successors are elected and
qUalf1ed. Until the first annual meeting
OF said corporation the said John Ora
nam shall be President of said corpora
Jlon' sald Ezra Q. Eschelby, Vice. Presi-
dent Of said corporation; and said
jCseph w. Sullivan, Secretary and Treas
Urer of said corporation. In case of the
death, removal, resignation of any of
SAID officers prior to the first annual
meeting of said corporation the board
OF directors hereinbefore provided for
may I'LL such vacancy The first annual
meeting Of said corporation shall be held
at the office of said corporation In the
city Of St. Paul aforesaid on the first
Monday Of June, 1902, and thereafter an
nually on said first Monday of June
Seventh-The number and amount Of
shares of the capital stock of said cor
pCration shall be thirty thousand 60 00O)
shares of one hundred dollars ($100)
each. The capital stock Of said corpora
ton may be by said corporation here
Of the state of Minnesota in such cases
made and provided. Said board Of d.
rectors shall have power to adopt any
and all such bylaws which may be nee
essary and proper for the government
and management Of said corporation and
for the government of said board of di-
rectors not inconsistent with these ar
ticles Of Incorporation or with law
In testimony whereof the foregoing
named incorporators have hereunto af-
fixed their names and seals at the city
of st. Paul, county of Ramsey and state
Of Minnesota and have adopted and do
hereby adopt the foregoing articles of
incorporation for the purposes afore-
said On this 18th day of February, 1902
JOHN GRAHAM. (Seal)
JOSEPH w. SULLIVAN, (Seal)
E E1EA 81 E TEHBHHBYiisER (sSaI}
ARTHUR SWEENEY, (Sea1)
Signed, sealed and delivered in presence
G. D. o'Brien,
S. NJ SouIe.