The Saint Paul globe., 1902-02-16

hNOW...AI.L MEN BY THESE PRES
enlS, mat we the undersigned for the
purpose or becoming Incorporated and
Snsallng a corporation under and pur-
suant s 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.
F1rst-The name of this corporation
sAau be the Minnesota, Iowa and
Eastern Railway Company; and the gem
eral nature of the business Of said cor
poration shall be the building, constructs
ing and operating of railroad or rail-.
roads within the State of Minnesota and
IIom and to such points within said
stare as may be determined upon by said
corporation, and to such points in any
nelghboring states or other points with
IN IN the United States as may hereafter
The principal place for the transaction
or the business of such corporation shall
De Sns CITY OF st. Paul IL the county of
Hamsey and State of Minnesota
SecOnd-The time Of the commencement
of Sald corporation shall be the 10Th day
OF 'FeDruary, 1902, and the period of the
continuance of said corpora ton shall be
Ior nifty years next thereafter.
Inlrd-The amount of the capital stock
O. OF SAID corporation shall be Three Mil
non dollars ($S, 000,000). Said capital stock
may be paid in at the time Of the is
snance OF, the same or any of the same
as the Board Of Directors Of said corpor-
aIlon may determine by it's bylaws.
FouTth-The highest amount Of in
depteaness or liability to which said cor
Fvrdttoh snail at any time be subject
snail De the sum of Four Million five
h1ndred thousand dollars ($4, ,5OO, ,OO0)
Flftn-Fhe names and places Of resi-
Gence OF the persons forming such cor
roratlon are:
Minnesota S-'>'
Joseph Y; sulliyan, residing at Min
heapohs. Minnesota
Ezra G. Eschelby. residing at st. Paul.
Edward Feldhauser, residing at st.
Paul,s Minnesota.
Arthur Sweeney residing in 81 Paul
Minnesota
Sixth-The names Of the first Board OF
Directors of said corporation are the
SaIoresald, John Graham, Joseph W. Sui
llvanss Ezra. C Eschelby, Edward Field
nauser and Arthur Sweeney Said di-
rectors shall hold their officee until the
iirst 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 it's affairs shall be vest
ed III board Of directors consisting Of
snail elect from their number a Presi-
dent, Vice President, Secretary and
treasurer. And such persons SO elected
small be eX officiO members of said board
snail 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
board or directors are also empowered to
appoint such. assistant or subordinate
officers, 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
quaIlhed. Until the first annual meeting
or said corporation the said John Gra-
ham shall be President of said corpora
ton; said Ezra c. Esehelby. 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 hefeinbefore provided for
may fill such vacancy. The first annual
meeting of said corporation shall be held
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
Snares OF the capital stock of said cor
pcration shall be thirty thousand Go .O001
shares of one hundred dollars f$10B)
each. The capital stock of said corpora
tlon may be by said corporation here
of the state of Minnesota in such cases
made and provided. Said hoard of di-
rectofs 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 1ncorporators 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. (SeaI0
JOSEPH w. SULLIVAN, (Seal)
EZRA G. ESCHELBY. (Seal)
EDWARD FELDHAUSER, (Seal)
ARTKJR SWEENEY IScol)
of:
6. D. o'Brien,
S. M. Souie.