The Cook County herald., 1905-09-02

ARTICLES Of INC oRPoRA ALTON
sss ,=., ~, ~ 81 .ss s5z
Devils Track River Driving and
Boom Company. ..
Know All Men by These Pl esents, That
We whose names are hereunto subscribed
have associated ourselves. together and
IN under ths constitation lGes and Genersi spI Laws
of the State of Minnesota, as corpora
tion, under. the name and for the purpose
hereby adopt the following articles OF in
corporation: s.> TT,
.. The name Of this corporation sh9 II be
Company and the general nature offts
Devils Track River. and It's .tri ibu ia ries,
Cook and the State Of Minnesota, by clean
ing and STRENGTHENING the channel Or
channels thereof, closing siopghs erect, ;;,s
roll ling sluicing and flooding dams Or 9th;
erWise II necessary, removing rocks and
other .obstructions from the rivers for
driving and holding of the logs and tim.
ber thereon from the headwaters of said
river and it's tribut4ries in Townships
sixty-two north. Of Range one west: and
sixty-twO north, of Range one east. and
extending throughout the courses of said
f rivers i1s through :,3wnship sixty,3ne 1osf5
Devils Track River, and for the purpose
of maintaining such improvements and
works SO as to render the driving of logs
therein and of holding, handling and
booming logs therein reasonably practi-
cable ana certain, ana to engage IN the
holding. handling and booming logs
therein and to charge and collect there
Der and timber driven. hoomed. iuiced or
tioated on the same. and 6he doing OF all
things necessary or incident to the ad-
Ill tie rights and priveleges Insured 10
such corporations under the laws and
constitu ton of said state. and such river
poratiCn, and without such improve
ments being unfiC for the RAINING: driving
or Sluiclng Of logs lum ber or timber.
ARTICLE II.
SEC: l.. The principal place OF transact,
be in tie Village Of Grapd tI Marafs III in the
sofa.
SEo:9. The time of the commencement
Of this corp9ratioaa shall th be- tie third DAY
e bs y fse @ RS!3es ears of its
ARTICLE ILL.,
The amount Of capital stock of this COR
poratio}n IN shall ~ be ten THOUSAND dollars
the compeuy com@ences E9 bnsi.
| ness an! shall be pad in from time to
time either @ in in @ property p OF money as
ARTICLE ~.
The highest amount OF indebtedness or
liza bility to which said corporation shall
at any time be subject shall be the sum Of
five Thousand dollars &5(
The names and. places tof residence of
| the persons forming this association for
ineorp9l alton are as follows: , ,,,.
"s;eai Geraid NJ. Livingston of St. Paul Min
Charies J. johnson Of Grand Marais,
ARTICLE vi.
SEC. l. The government of this co1po-
| ra Lion and the management and conduct
Of its affairs are hereby vessed in board
hereinaiter sSecifed, ,e to be elected a. bS
OF directors shall all be scocklfolders and,
| except those first chOSeA to act rs such
! until Ihe first annual meeting. sAall be
elected by. the stockholders at their an
nual meeting on 'he second Tuesday in
| August OF eech year. and such board OF
directors shall upon tine day Of their cleo
tion, or within ten days thereafter meet
and organize and elect the following Off
|
dent and secretary and treasurer, 1t be-.
ing here intended to provide that the
office OF secretaty and i'd m snS M shall
officer.
SEC Said board OF directors may meet
for Joe purpose Of organization upon the
notice being given to the Others or by
consent of the majority such board may
so meet and organize such majority con-
| curing IN any 40 ion taken at such meet
| ''l0 fiEG m06tnR
corpo "ation shall be held on the second
Tuesday in August, I;: The meetings Of
poration may be held at any other nlace
than the principal place Of business where
it is deemed most convenient for assem-
and he meeting of such Stockholders or
DO: I'd Of directors. or either of Them, may
| be &djOr ned from Tune to time and from
is completed.
Ssc: 8. the board Of direct rs shall
| adopt such bylaws. rules and regula tiOns
not inconsistent. therewitt Or with the
| Laws and Constitution Oh the State of
| minnesota as it shall deell proper for the
mans cement of the corporation and the
conduct Of it's business. and may provide
therein ne manner Of calling meetings Of
the corporati tion Or of che board of direc-
t9;s; "a Of givinpg, noticS 1 of @ the zine and
of tie board anc the officers Of this corpo-
ration, except thOse designated to act as
such until me jrst arncal meeting, shall
! nOlQ tGelJ C'n~e or peElOO OF one year
| or until Uhei: successors are elected and
qualified. Tie board of directors may
a. pont and eu ploy such agents and other
. GERS as IL may detm necessary for the
| co"du uct Of che business OF the corpora tion
| aud NAV discharge the Same at will, and
tie saio board may provide for the COM
pc sd lion of anv OF lie officers. agents or
| enl plovees OF this corporation ana cause
t: e anne 10 be paid from tie treasury of
| the Company.
Sec Z. The names of the first board Of
directc*s to act as such until the first an
NJ al meeting and until heir successors
are elec: ed and paliied ale as follows:
| CrAw iOrd Livings IN, Gerald NJ. LIVING
| stOlf and Chas. }. johnson, and until the
| Fl st annual meei Ting and the directors
| t. e"e.l} chosen shall elect officers as here
| in provided. the following persons snail
be the officers of this corpOravion: Craw-
ford Livingston, president; Charles J..
| Jolnson. vice president; Gerald n. Liv-
| ingst ton, secretary and treasurer.
| ARTICLE VII.
| The CAPT ;al stock of this corpora tion is
divided into one hundred (1CW shares of
one hundred dollars GlOo) each.
In testimony whereof, We have hereunto
| set ou, signatures and seals this third
day of August, A. d. o5.
| CRANN,RD LIVINGSTON. Seal }
| GERALD Nj. LIVINGSTON. (Seal.)
CHARLES J: JOHNSON. (Seal.)