Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-04-08
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 &C
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 shall be farming and stock raising, lands
all the purposes Of producing, raising and market
ing wheat, other farm products and live stock; also,
the building and operating Of one or more eevy-
tors; Also the buying and selling OF such wheat and
other cereals as may be offered at such elevators.
The principal place of carrying on 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 transacting the
business Of said corporation shall be at st Paul,
Minnesota.
Said corporation shall commence on the eighth
(eh) day Of april, A. D. 1882, and shall continue for
the period of weny years. subject to the power and
right Of the holders and owners of majority Of the
stock, to terminate the same at any time.
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 said corporation, and the balance
the same may be called and ordered by the Direo
tors.
The highest amount of Indebtedness or liability
to which said corporation shall &C any time be LIABLE
shall be Twenty five Thousand Dollars.
V.
The names and places of residence Of the persons
forming this association for incorporation are as
follows:
Andrew O. Bailey, st. Paul, Minnesota
Citing F. Warner, st. Paul, Minnesota.
Duncan McLennan, Angus, Minnesota.
W. 8. Hughes, 81. Paul, Minnesota
George h. Matheny, st. Paul, Minnesota.
VI.
The names Of persons who shall constitute the first
Board Of Directors Of said corporation are Andrew
o. ey, Citing r. Warner, Duncan MoLennan
and W. 8 Hughes and Geo H. Matheny.
The officers Of said corporation ehall consist of a
President, Secretary and Treasurer.
The government Of said corporation and the man
agement Of its affairs ehal 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 zach
year, at the Office Of the corporation, In said st.
Paul, and the first annual meeting for the election
of Directors shan be on the second Monday In
Marcn, a. d 1855, 10 Wnlcn uIn6s ana uutll tHelt
successors are elected and qualified, ths Directors
herenbefore named shall hold their Offices and con-
stitute the Board Of Directors of said corporation.
The FIRST annual meeting of csc Board of Directors
shall be hld at said Office of the corporation on the
| day of their election, and at such meeting they
shall choose and elect from their own number said
officers Of the corporation. That until said first
nual election of Directors on the seccad Monday in
March, A. D. 1888, and until their successors are
elected and qualified the said Duncan McLennan
shall be the President; said Citing T. Warner the
Secretary, and the said Andrew Bailey the Treas
| urer OF said corporation. No person VINO IL not
stakeholder 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-
vided into two thousand shares of fifty dollars each
In witness whereof, we, the persons hereinbefort
named ss incorporstors, have hereunto subscribed
our names and affixed our seals, the 25th az Of
March, A. D. 1882
DUNCAN M'LENNAN, [seal
| ELTINQ r. WARNER, fSeal.
| GEORGE n. MATHENY, [seal'
WILL lam 8. HUGHES, fSeal
| ANDREW o. BAILEY, fiscal.
| In presence Of
VIM. 8. MOORE,
J.F. WALsINGHAM.