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ANNUAL REPORT

OF THE

MINNEAPOLIS, ST. PAUL & SAULT STE. MARIE RAILWAY COMPANY,

FOR THE YEAR ENDING JUNE 30, 1890.

HISTORY.

Name of common carrier making this report, Minneapolis, St. Paul & Sault Ste. Marie Railway Company.

Date of organization, June 11, 1888.

The Menomonie & Sault Ste. Marie Railway Company was organized in the year the general incorporation laws of Michigan.

under

The Minneapolis, Sault Ste. Marie & Atlantic Railway Company was organized in the year 1883, under the general incorporation laws of Wisconsin.

Said two companies were consolidated in the year 1886 under paragraphs 3343 and 3344, pages 854 and 855, Howell's Annotated Statutes of Michigan, and Section 833, Supplement to the Revised Statutes of Wisconsin.

The Minneapolis & Pacific Railway Company was organized in the year 1884, and the Minneapolis & St. Croix Railway Company in the year 1885, under the general incorporation laws of Minnesota.

The Aberdeen, Bismarck & Northwestern Railway Company was organized in the year 1883, under the general incorporation laws of the Territory of Dakota.

In the year 1888 the said consolidated company, the said Minneapolis & Pacific Railway Company, the said Aberdeen, Bismarck & Northwestern Kailway Company, and the said Minneapolis & St. Croix Railway Company were consolidated, and all their rights, properties and franchises united and vested, in one single corporation; the said Minneapolis, St. Paul & Sault Ste. Marie Railway Company under the statutes above referred to and paragraphs 66, 67 and 68, pages 381 and 382, General Laws of Minnesota for 1887, and Chapter 94, General Laws of Minnesota for the year 1881, and Chapter 46, General Laws of the Territory of Dakota for the year 1879.

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Total number of stockholders at date ot last election, 62.

Date of last meeting of stockholders for election of directors, September, 1889.
General office at Minneapolis, Minn.

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All stock of the present company was issued in exchange for stock of the constituent com

panies under articles of consolidation in June, 1888.

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The obligation is represented by 120 notes of $1,122.46 each payable to the Railroad Equipment company at the office of Post, Martin & Co., New York, one each month, first one due January 15, 1888.

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