The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-02-19

KNOW ALL MEN by THESE PRES
snes, Inar we the undersigned for the
purpose or becoming Incorporated and
creating corporation under and pur
suant TO the provisions OF Title | or
Shapter 81 of the General Laws OF the
state or Minnesota 1894, and OF the acts
alnendatory thereto-do hereby make.
execute and adopt and have adopted the
following articles Of incorporation:
,flrst-The name Of this corporation
S S 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
roaos 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
ineisnporing states or other points with
he ha me dHt, United States as may hereafter
me n principal place for the transaction
% the business of such corporation shall
p " sas City OF st, Paul in the county of
ramsey and State of Minnesota.
Second-The time of the commencement
" 9aIu corporation shall be the Goth day
OF FEBRUARY 1902, and the period of the
conunuance of said corporation shall be
1or IIty years next thereafter
Third-The amount of the capital stock
OF said corporation shall be Three Mil
lion dollars $4,000, 000). Said capital stock
may be paid IN at the time Of the is
suance or the same or any of the same
" az such times and in such amounts
% eno board OF directors Of said corpor-
anon may determine by its bylaws.
Fourth-The highest amount az in
uepleuness or liability to which said cor
poratlon shall at any time be subject
ShaH De the sum OF Four Million Ave
hundred thousand dollars (S4 500 000)
Flfth-The names and places Of resi-
cence OF the persons forming such cor
poration are:
John Graham. residing at MINNEAPOLIS.
Minnesota
Joseph W. Sullivan, residing at Min
neapolis. Minnesota.
Ezra G. Esehelby, 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 corporation are the
aforesaid, John Graham, Joseph W. Sui
nvan, Ezra Eschelby, Edward Field
bauser and Arthur Sweeney Said d.
reccors 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 in board of directors consisting Of
I'VE persons. and said board of directors
snail eject 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
said corporation and at sITch 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
Board OF directors are also empowered to
appoint sucfr assistant or subordinate
oH1cers, including 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
qrallfed. Until the first annual meeting
or said corporation the said John Gra-
ham shall be President of said corpora
tion; said Ezra c. Eschelby, Vice Presi-
gent or said corporation; and said
dcseph w. Sullivan, Secretary and Treas
prer of said corporation. In case of the
deaths removal, resignation of any of
said officers prior to the first annual
meeting of said corporation the board
OF directors fereinbefore 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.
Seyentil-The number and amount of
shares of the capital stock of said cor
poration shall be thirty thousand (S0. 00O
shares Of one hundred dollars (S1O0)
each. The capital stock of said corpora
ton 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.
rectors shall have power to adopt any
ind all such bylaws which may be nee
essary and proper for the government
and management of said corporation and
Tor 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 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. (SeaI)
JOSEPH w. SULLIVAN, (Seal.)
EZRA G. ESCHELBY. (Seal.)
EDWARD FELDHAUSER (Seal.)
ARTHUR SWEENEY, (SeaI)
Signed, sealed and delivered in presence
of:
c. D. o'Brien,
S. M. SouIe.