The Saint Paul globe., 1902-02-17

KNOW ALL MEN BY THESE PRES
ents, That we the undersigned for the
purpose of becoming Incorporated and
creating corporation under and pur-
suant to the provisions of Title 1 of
Ghapter "a of the General Laws of the
state OF Minnesota 1894, and of the acts
amendat3ry thereto--do hereby make,
execute and adopt and have adopted the
IoliloWlng articles OF Incorporation:
FIrSt-Thea name of this corporation
shan be the Minnesota, Iowa and
Eastern Railway Company; and the gem
eraI nature of the business of said cor
poratlon shall be the building. construct
ing ana 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
,oipIE, Tot pII[Eal.on, ana to such points in any
nelgnoorlng states or other points with
be determined
- me ne principal place for the transaction
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 OF sag corporation shall be the goth day
or February, 1902, and the period of the
continuance of said corpora ton shall be
Tor fifty years next thereafter.
Ihlrd-The amount of the capital stock
lion dollars ($3,000,00O). Said capital stock
may De paid IN at the time of the is
S1ance of the same or any of the same
or az such times and in such amounts
as tne boafd OF Directors of said corpor-
aIlon may determine by its bylaws
Fourth-The highest amount of in
deptedness or liability to which said cor
pOratlOn shall at any time be subject
shall be the sum of Four Million. Ave
hundred thousand dollars ($4, SOC, ,0OO).
Flftn-The names and places Of resi-
cence or the persons forming such cor
John Graham. residing at Minneapolis,
Minnesota.
Joseph ". Sullivan. residing at Min
neapolis. Minnesota.
Ezra C. Eschelby, residing at St. Paul.
Minnesota
Ed Edward Feldhauser. residing at St.
Faul, Minnesota.
Arthur Sweeney, residing in st. Paul,
Minnesota.
Sixth-The names Of the first Board Of
directors of said corporation are the
aforesaid, John Graham, Joseph w. Sui
ivan, ivan, Ezra Eschelby. Edward Field
bauser and Arthur Sweeney. Said d.
rectors shall hold their ofF1cee until the
frst 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
1iye persons. and said board of directors
snail elect from their number a Presi-
dent, Vice President, Secretary and
Treasurer. And such persons so elected
shall be ex officio members of said boa rd
OF directors Said board of directors
snail be elected at the annual meeting of
said corporation and at such annual
meeting said directors when elected shall
eject 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
oIncerS, including a general manager as
may be necessary. Said persons so elect
cd officers shall hold their Office until
the annual meeting of said corporation.
ana until their successors are elected and
qCaHFled Until the first annual meeting
Of said corporation the said John Gra-
ham shall be President of said corpora
ton; said Ezra c. Esche1by, Vice Presi-
gent or said corporation; and said
Joseph w. Sullivan, Secretary and Treas
0rer of said corporation. In case of the
death. removal, resignation of any Of
said officers prior to the first annual
OF directors hereinbefore provided for
may fill 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
poration shall be thirty thousand go. .000)
shares of one hundred dollars ($1O0)
each. The capital stock of said corpora
tlon may be by said corporation here
after increased according to the statutes
Of the state of Minnesota in such cases
made and provided. Said board of d.
lectors shall have power to adopt any
ana 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 d.
rectorS not inconsistent with these ar
ticles of Incorporation or with law.
In testimony whereof the foregoing
named inc3rporators have hereunto af-
fixed their names and seals at the city
Of st. Paul, county of Ramsey and state
Of Minnesota and have adopted ard do
hereby. adopt the foregoing articles of
Incorporation for the purposes afore-
said on this 18th day of February, 1902.
JOHN GRAHAM. (Seal1
JOSEPH w. SULLIVAN, (SeaL)
EZRA G. ESCHELBY, (Seal)
EDWARD FELDHAUSER, (SeaL)
ARTHUR SWEENEY, (Seal)
Signed, sealed and delivered in presence
Of: