Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-04-03
INCORPORATION,
INCORPORATION.
ARTICLES OF
INCORPORATION

Know all Men By these Presents
That we, whose names are hereunto subscribed,
have agreed to associate, and do hereby associate
ourselves together. for the purposes of incorpora-
ton, and to become and be corporation under the
laws of the State OF Minnesota; and for that pur
pose and to that end have adopted, signed and ac-
knowedged the following articles Of incorporation,
to-wit.
The name Of said corporation shall be- "Angus
Stock and Farming Company"
The general nature of the business of said corpo-
ration shaI be farming and stock raising on lands
to be purchased, owned, improved and equipped for
Gil the purposes OF producing, raising and market
log wheat other farm products and live stock also,
the building and operating of one or more eevs-
tors also, the buying AID selling Of such wheat and
other cereals as may be offered at such elevators.
The principal place of carrying or said operations
of farming and stock raising and building and run
ming of elevators and buying and selling wheat and
other cereals, shall be at the Town Of Angus, Polk
county. in said Minnesota aud at such other points
and places as may be determined upon.
The principal Office and place of transsot;ps the
business of said corporation shall be at st. Paul,
Minnesota.
Said corporation shall commence on the eighth
(8th) day Of april, A. D. 1882, and shall continue for
the period of wenty years. subject to the power and
right of the holders and owners Of majority Of the
stock, to terminate the same at any time.
III.
The amount Of the ospital stock of said corpora
ton shall be One Hundred Thousand Dollars. The
whole Of said capital stock shall be subscribed, and
Fifty thousand Dollars said stock paid In at the
commencement Of sad corporation, and the balance
az the same may be called aud ordered by the Dreo
tors
Tha highest amount of indebtedness or liability
to which said corporation shall a. any time be lebie
shall be Twenty-Five Thousand Dollars.
Y.
The names aud places Of residence of the persons
follows:
Andrew o. Bailey, at. Paul, Minnesots
EttiDg F. Warner, 81. Paul, Minnesota:
Duncan McLeDnaD, Angus Minnesota.
W. 8. Hughes, st. Paul, Minnesota
George Il. Metheny, st. Paul, Minnesota.
VI.
The names of persons who shall constitute the first
Board of Directors Of said corporation are; Andrew
o. Bailey, Etting F. Warner, Duncan McLennan
and W. Hughes and Geo II. Mathepy.
The officers OF said corporation shall consist Of
President Secretary and Treasurer.
The government If said corporation and the man.
sgement 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 thu election
Of Directors shall be on the second Monday In
March. A. D. 1883. to which time aud until their
successors are elected and qualided the Directors
hereinbefore named shall hold their Offices and con-
stituts the Board Of Directors Of said corporation.
The rst annual meeting Of eat Board Of Directors
shall be Id at said Office Of the corporation on the
day Of their e!ecicn, and at such meeting they
shall choose aud elect from their osn number said
officers Of the corporation. That until said first an
nual election of Directors on the second Monday In
March, A. D. 1883, and until their successors are
elected and qualified, the ssid Duncan MoLennan
shah be the President; said Citing E. Warner the
Secretary, and the said Andrew o Bailey the Treas
urer OF said corporation. 10 person who Is not
stockholdsr shall be elected to hold the cce CT
Director, nor any Office In said corporation.
VII.
The capital stock OF said corporation shan be di-
vided into two thousand shares Of fifty dollars each
In witness whereof, we, the persons hereinbefore
named as incorporators, have hereunto subscribed
our names and affixed cur seals, the 18th Icy Of
March. A. D. 1891
DUNCAN MsLENNAN. [seal.l
ETrING WARNER, Iseal.J
GEORGE q. MAfHESY, lseal
VIII IAN s. HUGHES. fSeal1
ANDREW o. BAILEY. Iseal.1
In presence Of
VIM. q. MoosE,
J.r. wAlsrSeHAM.