The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-02-13

ANCW ALL MEN BY THESE PRES
entSs That we the undersigned for the
purpose of becoming Incorporated and
creating corporation under and pur-
suant to the provisions Of Title / OF
Shapter "a 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:
FirstLThe name of this corporation
EaStern Railway Company; and the gen.
eral nature of the business of said cor
poration shall be the building, construct
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
nelghporlng states or other points with
be determined
The principal place for the transaction
o. OF the business Of such corporation shall
Ramsey and State of Minnesota.
Second-Ihe time of the commencement
OF SAID corporation shall be the 10th day
OF February, 1902, and the period of the
continuance of said corporation shall be
for fifty years next thereafter
Thlrd-Ihe amount of the capital stock
OF said corporation shall be Three Mil
lion dollars ($3, 100000. Said capital stock
may be 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
al1on may determine by it's bylaws
Fourth-The highest amount Of in
debtedness or liability to which said cor
poration shall at any time be subject
shall be the sum of -Four Million, five
hundred thousand dollars ($4 SOC, COO
f1ftn-The names and places Of resi-
oence. Of the persons forming such cor
poratiOn are:
John Graham residing at MINNEAPOLIS,
Minnesota.
Joseph ", Sullivan, residing at Min
neapolis. Minnesota.
Ezra G. Eschelby residing at st. Paul,
Minnesota.
Edward Feldhauser, residing at ST.
Paul, Minnesota.
Arthur Sweeney residing in st. Paul
Minnesota.
Sixth-The names Of the first Board Of
Directors Of said corpora don are the
aforesaid, John Graham, Joseph w Sui
llvan, Ezra G Eschelby, Edward Field
hauser 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 board of directors consisting OF
five persons. and said board of directors
shall elect from their number a Presi-
dent, Vice President, Secretary and
Treasurer. And such persons so elected
shall be eX officio members of said board
OF directors Said board of directors
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
oncers, 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,
ana until their successors are elected and
qGal1ted. Until the first annual meeting
of said corporation the said John Ora
ham shall be President of said corpora
ton; said Ezra c. Eschelby, Vice Presi-
dent of said corporation; and said
Joseph 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 ill 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
SeYenth-The number and amount Of
shares of the capital stock of said cor
poration shall be thirty thousand (5O,000)
shares of one hundred dollars ($100)
each. The capital stock of said corpora
ton may be by said corporation here
after increased according to the statutes
made and provided. Said board Of di-
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
tcles 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 this 18th day of February 1902.
JOHN GRAHAM (Seal.)
JOSEPH w. SULLIVAN, (Seal.)
EZRA c.. ESCHELBY. (Seal)
EDWARD FELDHAUSER, (Seaf.)
ARTHUR SWEENEY, (Seal)
Signed, sealed and delivered in presence
of:
G. D. oBrien,
S. NJ Soule.