Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-04-01
INCORPORATION,
ARTICLES OF
INCORPORATION

Know all Men BY these pressnts.-
That We, whose names are herennto subscribed,
have agreed to sssociate, and do hereby associate
ourselves together. for he purposes Of incorpora-
ton, and to become and be corporation under the
La ss OF the State OF Minnesota and for tn t pur-
pose and to that end have adopted, signed and &C.
know,edged the following articles Of incorporation
to-wt:
The name Of said corporation sha,l be; "Angus
Stock and Farming Com, any"
The general nature Of the business of said corpo-
ration sha be farming and stock raising, on lands
TO be purchased, owned, imp owed and equipped for
all the purposes OF producing, raising and market
ing wheat, o.her farm pr ducts aud live stock Also
the building and operating Of one or more eva-
tors; also, the buying selling Of such wheat and
other cereals as may be offered at such elevators.
The incipa, place OF carrying on said operations
OF farming and st. oh raising, and building and ruo-
ming Of elevators. and buying and selling wheat and
other cereals, shall DO at the Town of Angus Polk
county 10 said Minnesota, and at such other points
and places as may he determined upon.
The principal Office and plsce Of transact.ng the
business Of said corporation shah be st st. Paul,
Minnesota.
Said corporation shall commence on the eighth
(Sth) day Of april A. D. 1892 and shall continue for
the period Of tweny years. subject to the power and
right Of the holders and owners Of majority Of the
stock. to terminate the same at any hme.
III.
The amount of the capital stock of said corpora
ton shall BE- Ore Hundred Thousand Dollars. The
whole Of said capital stook shall be subscribed, and
Fifty Thousand Dol ars on said stock paid In at the
as the same may be called aud ordered by the Direc-
tors.
The highest amount Of indebtedness or liability
to which said corporation shall any time be LIABLE
shall be Twenty Ave Thousand Dollars.
v
The names and places OF residence of the persons
forming this association for incorporation are
follows:
Andrew o. Bailey, st. Paul, Minnesota
Ettipg F. Warner, st. Paul, Minnesota.
Duncan McLennan, Angus, Minnesota.
W. 8. Hughes. st. Paul, Minnesota
George q. NstheDy, st. Paul, Minnesots.
VI.
The names of persons who shall constitute the FIRST
Board of Directors Of said corporation are: Andrew
o Bal ey, Etting F. Warner, Duncan McLennan
and ". g Hughes and Geo 81. Slatheny.
The officers Of said corporation shall consist Of
President Secretary and Treasurer.
The government f said corporation and the man.
aRement of its affairs shall be vested In said officers
and its Board of Directors.
The Directors after the first Board of Directors
herein named shall be elected annually by the stock
holders on the second Monday In March In each
year. at the Office OF the corporation, In said st.
Paul, and the first annual meeting for the election
March, A. D. 1889, 10 which time, and until their
successors are elected and qualified. the Directors
named tha hold their Offices and con-
stitute the Board of Directors Of said corporation.
The frst annual meeting of each Board of Directors
shall be Id at said Office Of the corporation the
day Of their eleoion, and at such meeting thew
shall choose aud elect from their own number said
ofhcers of the corporation. That until said frst
nual election Of Directors on the second Monday In
March, A D 1888, and until their successors are
elected and qualified, the said Duncan McLennan
shall be the President said Citing +. Warner the
Secretary, and the said Andrew Bailey the Treas
urer Of said corporation. No person who Is not
stockhoder shall be elected to or hold the Office of
Director, nor any Office in said corporation.
VII.
The capital stock Of said corporation shall be di-
plded into two thousand shares Of fifty dollars each
In witness whereof, we, the persons hereinbefore
named ss incorporators, have hereunto subscribed
our names and affixed our seals, the 25th az Of
March, A, D. 1881
DUNCAN MsbENNAN, [seal.1
ETTING T, WARNER, tSeal.l
GEORGE q. MATHENY, iseAI |
VIII IAN s. HUGHES, fSeal.1
ANDREW 0 BAILEY, lseal.i
In presence Of
VIM. g. Moore,
j.F. wAlsISeHAM,