The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1906-03-02
The Enterprise gives the news.
ARTICLES OF incorporation
OF THE
MESABA RANGE TRACTION
COMPANY.

Know All Men By These Presents, That we,
the undersigned. being desirous of organizing
a corporation under and pursuant to the IT.
tie of Chapter "a, General Statutes of 1884
and Acts amendatory 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 its 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-
BILE and to construct, buy, lease, own, operate
and maintain telegraph and telephone lines
and systems and to acquire either by pur-
chase or condemnation all property neces-
sary 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
ity, 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:
The principal place of transacting the bust
| ness of this corporation shall be the Village
| of Biwabik. In the County of St. Louis and
State of Minnesota.
ARTICLE II.
The time of commencement OF this corpora
ton shalt be the let day OF january, lvoo, and
the period of continuance of said corporation
shall be forty (4W years.
! ARTICLE III. :@
! The amount OF capital stock OF said corpor-
alton shall be Fifty Thousand (s5O.00O Dol
lars. The same shalt be paid in as called for
by the Board Of Directors.
! ARTICLE Nv.
bility to which said corporation shall at any
time be subject is the sum of Fifty Thousand
(e5O, OO0) Dollars.
| ARTICLE v.
The names and places of residence of the
persons forming such association fpr incor-
poration are:
F. B. Myers, Biwabik, Minnesota.
H. G. Seeley, Biwabik. Minnesota.
}. s. Hopkins, Biwabik. Minnesota.
Porter J. Nef, Duluth, Minnesota.
! E. Ar: Collum, Duluth. Minnesota.
ARTICLE vi.
The government of this corporation and
the management of its affairs shall be vested
in board of five directors. who shall he
elected at the annual stockholders meeting,
which shall be held at the village of Biwabik
in SAID county and state on the first Monday
in June Of each year. and who shall hold
Office for term of one year and until their
successors are elected and qualified. Imme-
diately after their election the Board of d.
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-President may
be held by the same person. The first Board
u DlI0CIOES VI SdlO COrpOrtaClOQ, WHO sinai
hold Office until their successors are elected
and qualified. shall be f. B. Myers. Of Biwab-
n TX, Minnesota, who shall be President; 81. G.
eeley, OF Biwabik, Minnesota. who shall be
I Vice-President; J. s. Hopkins. Of Biwabfk
i Minnesota. who shall be Secretary and Treas
prer; Porter J. Neff Ind E. A. ,Oollum. Of Du
' luth, Minnesota. -:
i ARTICLE VII.
i The number of shares of capital stock o.
said corporation shall be Five Hundred 600
i and the amount of par value thereof shall bt
4 One Hundred (s10O) Dollars, each.
il In Testimony Whereof the said person.
above named have hereunto set their hand,
and seals this aOth day of December 1908.
Signed, Sealed and Deliv-
ii cred in the presence of
f. NJ. BUTLER. F. B. MYERS. [sEAL
FRED NJ. SEELEY. II. G. SEELEY. [sEAL
P. NJ. JOHNSON. Us. HOPKINS. lsEAL
GEO. E. TAYLOR. PORTER j. NETF. lsEAL
T. w. HO0PEs E. A. OOLLUM. tsEAL
! State Of Minnesota.
u County Of st. Louis, IS. '
II On this 3oth day of December, 1866. befor
me, q notary public within and for said eouu
! ty. personally appeared F. r. Myers. III. G
: Seeley and J. 8. sHOpkins, to me known to b
the persons who executed the foregoing in
strument and Acknowledged that they exc
Il cuted the same as their free act and deed.
-. -- r. r NJ Tor