The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1906-02-23

tie of Chapter 81, General Statutes of 1894
and Acts ameadatory thereof. do hereby
adopt and sign the following Articles of In
corporation.
ARTICLE I.
The name of this Corporation shall be the
mesaba Range Traction Company.
The general nature of ito business shall be
to construct, buy, lease, maintain and operate
railway lines upon the streets and highways
of the Villages, Towns and Cities OF st. Louis
County, Minnesota, land elsewhere. and to
construct. buy. lease, maintain, operate and
own such railways outside of the limits of any
such villages, towns and cities and to connect
such villages. towns and cities by'such rail-
way lines and operate such railway lines by
means OF such power as it may deem advis-
BIKE a1td to construct, buy, lease. own operate
and maintain telegraph and telephone lines
ana systems and to acquire either by pur-
chase or condemnation all property neces.
eary for right-Of-Way and other purposes for
the operating OF said railway, telegraph and
telephone systems and other lines herein
mentioned as provided by law; also to con-
struct. buy, lease, own and operate and MAIN
tain plants for the purpose of supplying and
selling the public water. gas light, electric
1ty, and other light heat, and power Of every
nature and description and to construct all
requisite sub-ways, pipes and other conduits
for the transmission of such gas, electricity,
heat and power hereinbefore mentioned and
to contract for and procure franchises for the
operation of any of said railway. light and
other lines of said villages, towns, cities and
other municipalities.
L The nrincinal nlaca Of trxn fl,o l,,,o a.
ness of this corporation shall be the Village
OF Biwabik. in the County of St. Louis and
State of Minnesota.
| ARTICLE II.
I The time OF commencement of this corpora.
ton shall be the 1st day of January, 1906, and
the period OF c0ntinuance of said corporation
shall be forty (4o) years.
ARTICLE III.
The amount of capital stock of said corpor-
alton shall be Fifty Thousand 4ts5O.0 OO) DOL
lars. The same shall be paid in as called for
by the Board of Directors. =.
|. ARTICLE w..
The highest amount Of indebtedness or liza
bility to which said corporation shall at any
time be subject Is the sum Of Fifty Thousand
($5O, 0O0) Dollars.
ARTICLEV v.
The names and places of residence OF the
persons forming such association for incOr-
poratton are:
+. B. Myers, Biwabik, Minnesota.
Fl. G. Seeley. Biwabfk. Minnesota.
}. S. Hopkins, Biwabik. Minnesota.
Porter J. Nefr. Duluth. Minnesota.
E. A. Collum, Duluth. Minnesota
ARTICLE vi.
The government of this corporation and
the management of it's affairs shall be vested
in board of five directors. who shall be
elected at the annual stockholders meeting,
which shall be held at the village of Btwabil<
in said county and state on the first Monday
In June OF each. year, and who shall hold
Office for a term OF one year and until their
successors are elected and qualified. Imme-
diately after their election the Board of Dl-
rectors shall meet and elect from their num-
Der President, Vice-President, Secretary and
Treasurer; any two of said offices except the
Offices Of President and Vice-Prestdent may
be held by the same person. The first Board
Of Directors OF said corporation, who shalt
hold Office until their successors are elected
and qualified, shall be F. B. Myers, of Biwab-
TX, Minnesota. who shall be President; H. G.
Sec ley, OF Biwabik, Minnesota. who shall be
Vioe-President; ]. s. Hopkins, Of Biwabik,
Minnesota. who shall be Secretary and Treas
urer; Porter J. Nefr and E. A. Gollum, of Du-
luth, Minnesota.
f.: =. ARTICLE VII.
The number of shares of capital stock Of
said corporation shall be Five Hundred $500
~, n mt ~ 49,
One Hundred (Sl00) Dollars each.
+ In Testimony Whereof the said persons
above named have hereuntO set their hands
and seals this aOth day of December, 1905.
Signed, Sealed and Deliv-
cred in the presence OF .
:F. NJ. BUTLER. - F.B. MYERS. IsEAL1
|tFRHD M. SEELEY. II. G.. SHELLEY. [sEAL1
sP. NJ. JOHNSON. ]. 8. HOPKINS. lsRAL1
GEO. E. TAYLOR. PORTER J. NEET. tsEAL(
T. W. HOPES. E. A. OOLLUM. tsEALi
State Of Minnesota,
Countysof St. Louis. 50. 49, -"
On this 30th day of December. 1906 before
me, a notary public within and for said ooun-
ty, personally appeared F. r. Myers. H. G.
Seeley and J. 8. Hopkins. to me known to be
the persons who executed the foregoing In
strument and: Acknowledged that they exc
Ecuted the same as their free act and deed. -
- :: =. Pm. JOHNSON, <
|. IsEAL1 ~ Notary Public,
{ :. i. ~ 1 -.|s.! st. Louis Co., Mimi.
my commission expires June LIST, 1921
State OF Minnesota, =. :ssasss5 $780, 49, -
County Of St. Louis, s.. ~, - .G. m
4 On this 3Oth day of December, 1906 before
me. . notary public Within and tor said com