Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-04-04
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, fer the purposes of incorpcra
ton, and to become and be o corporation under the
laws of the State Of Minnesota; and for that pur-
pose and to that end have adopted signed and ac-
knowledged 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 shall be farming and stock raising, lands
TO be purchased, owned, improved and equipped for
all the purposes of producing, raising and market
Ing wheat. other farm products and live stock ALSO
| the building and operating of more eevs-
tors; ALSO the buying and selling of such wheat and
other cereals as may be offered at such elevators.
The principal place of carrying 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, and at such other points
and places as may be determined upon.
The principal Office and place of transact;ng the
business of said corporation shall be at st Peu,
Minnesota.
Said corporation shall commence on the eighth
(Sth) day of april A. D. 1882 and shall continue for
the period of twenty 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 capital stock of said CORPORA.
ton shall bs Orc Hundred Thousand Dollars. The
whole of said capital stock shall be subscribed, and
commencement of said corporation and the balance
as the same may be called and ordered by the Direc-
tors.
The highest amount of Indebtedness or liability
to which said corporation shall any time be lab;e
shall be Twenty five Thousand Dollars.
V.
no and, Of aoft
forming this association for Incorporation sre as
follows:
Andrew o. Bailey, st. Paul, Minnesota
Etting F. Warner st. Paul, Minnesota.
Duncan McLennsn, Angus. Minnesota.
W. 8. Hughes, st. Paul, Minnesota
George 81. NatheDy, St. Paul, Minnesota.
VI
The names Of persons who shall constitute the first
Board of Directors Of said corporation Andrew
o. Baiey, citing F. Warner, Duncan MeLennan
and w. 8 Hughes and Geo II. Mathepy.
The officers of said corporation shall consist of
President, Secretary and Treasurer.
The government Of said corporation and the man
agemen 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
of Directors shall be the second Monday In
March, A. D. 1883, to which time, and until their
SSS-SSH
herenbefore named shall hold their Offices and Con-
stitute the Board of Directors of said corporation.
The first annual meeting of eat Board of Directors
shall be held at said Office of the corporation the
day OF their election, and at such meeting they
shall choose and elect from their number said
officers of the corporation. That until said first
nual election of Directors the second Monday liz
March, A. D. 1888, and until their successors are
elected and qualified, the said Duncan McLennan
shall be the President; said EttiDg F. Warner the
Secretary, and the said Andrew o Bailey the Treas
urer OF said corporation. No person who is not
stakeholder ehall De elected to hold the Office Of
Director. nor any Office in said corporation.
The capital stock of said corporation shall be di-
vded into two thousand shares of fifty dollars each
In witness whereof, we, the persons herenbefore
named as incorporators, have hereunto subscribed
cur names and affixed cur SEALS the 25th az OF
March, A. D. 1882
DUNCAN M'LENNAN, [seal.1
ETTING F. WARNER, Seal.1
GEORGE II. MATHENY, [Seal
WILL, IAN 8. HUGHES, fSeal.1
ANDREW o BAILEY, fSeaI.1
In presence Of
WIN. 8. MOORE,
J.F. WALsINeHAM.