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

Know eli Men by fhese pressnts-
That We, whose names are hereunto subscribed,
have agreed to associate, and do hereby associate
ourselves together for he purposes Of incorpora-
hon and to become and be Q corporation under th .
laws of the State OF Minnesota; aud for tn It pur
pose and to that end have adopted, signed and 40.
knowsdgsd 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 than be farming and stock raising, lands
to be purchased, owned imp oved and equipped for
all the purposes Of producing, raising and market
ing wheat Other farm pr ducts aud live stock; Also
the building and operating of one or more g eve.
tors: so, the buying selling OF such wheat and
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, 10 said Minnesota, and at such other points
and places ss may he determined upon.
The principal Office and place of transact.ng the
business Of said corporation shall be @. st Paul,
Minnesota,
Said corporation shall commence on tho eighth
(Sth) DAY Of april, A. T. 1884, and shall continue for
the period OF twenty years, subject to the power and
rightcf the holder and owners Of majority of the
STOCK to terminate the same at any time.
Ill
The amount of the capital stock of said corpora.
ton shall be One Hundred Thousand Dollars. The
whole of said capital stock shall be subscribed aud
Fifty Thousand Dollars said stock paid in, at the
commencement Of sad corporation, and the balance
as the sane may be called and ordered by the Direc-
tora.
The highest amount Of Indebtedness or liability
to which said corporation shall any time be liable
shall be Twenty-Five Thousand Dollars,
Y.
The names and places Of residence of The persons
follows;
Andrew O. Bailey. 81. Paul, Minnesota.
Ettipg F. Warner, ST. Paul, Minnesota.
Duncan McLennan, Angus, Minnesota.
W. 8. Hughes. st. Paul, Minnesota
George a. MatheDy, st. Paul, Minnesots.
VI.
The names Of persons who shan constitute the frst
Board Of Directors Of said corporation Andrew
o Bal ey, Etting F. Warner, Duncan McLennan
and ". Hughes and Geo q. Msthepy.
The officers OF said corporation shall consist Of q
President Secretary and Treasurer.
The government # said corporation and the man
ageent of its affairs shal be vested In said officers
and its Board Of Directors.
The Directors after the irst Board Of Directors
herein named shall be elected annually BY the stock.
holders on the second Monday in March in each
year, at the once Of the corporation. In said st.
Paul, and the first annual meeting for tina election
OF Directors shall be on the second Monday In
March, A. d. 1883, to which time, and until their
successors are elected and qualified the Directors
hsreinbefcre named ths hold their Offices and con-
stitute the Board Of Directors Of said corporation.
The frst annual meeting Of eat Board Of Directors
shall be ID at said Office Of the corporation on the
day Of their election, and ct such meeting thew
shall choose aud elect from their own number said
officers Of the corporation. That untl said first an
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 Etting f. Warner the
Secretary and the said Andrew Bailey the Treas
urer OF said corporation No person who is not
stockholder 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 d.
vided into two thousand shares Of fifty dollars each
In witness whereof, We, the persons hereinbefore
named as incor porators, have hereunto subscribed
our names and affixed our seals the 2Sth d sy of
March, A. d. 1881
DUNCAN M'LENNAN, [seal.l
ETTING r. WARNER, Seal.1
GEORGE II. MATHENY, fseaI 4
VIII IANS. HUGHES, fSesl.i
ANDREW o BAILEY, tSeai.1
In presence Of
VIM. 8, MOORE,
ST. WAIsrseHAa.