The Warner sun. (Warner, Brown Co., Dakota [S.D.]) 1885-1???, 1885-10-02
ARTICLES Oh INCORPORATION
OF the Farmers Elevator Company OF
Warner, Oak.

I.
Know all men by these presents that
we whose names are hereunto affixed,
being desirous OF forming and organic
ing corporation under and pursuant
to the laws of the Territory Of Dakota,
do hereby associate ourselves together
as such corporation, and for that pur
pose we hereby sign and adopt the fol-
lowing articles OF incorporation, to witt:
ARTICLE ].
The name of this corporation is and
shall be The Farmers Elevator Company
of Warner Dakota. The nature Of its
business shall be to operate an elevator
in the village of Warner, OAK; to buy,
sell, store and handle grain, and such
other business as is usually done by
elevator companies.
ARTICLE III.
The time of commencement of this
corporation shall be the first day of Sep.
tember, 1885, and the duration thereof
shall be ten years.
ARTICLE III.
The amount of capital stock of this
corporation shall not exceed Seven
Thousand Five Hundred Dollars, and
the whole amount subscribed shall be
fully paid at such time as the directors
may elect The number Of shares of
the capital stock of said corporation
shall not exceed One Hundred and Fifty
at Fifty Dollars each.
ARTICLE ",
The highest amount of indebtedness
or liabilities to which said corporation
shall at any time be subject shall not
be more than T}drty Thousand Dollars,
and no stakeholder shall be liable for
any Indebtedness of this corporation be-
yond the amount of stock owned by him.
ARTICLE v.
The principal place of business of this
corporation shah be in the village of
Warner, County Of Brown, Territory of
Dakota.
ARTICLE VI.
The name and place of residence of
the directors of this corporation are as
follows: Ambrose j Allen Lawrence
Wheeler, at Rondell, Oak; Fred Fisher,
Martin Boardman, Arthur L. Kingston,
at Warner, Oak.
ARTICLE VII
The government Of this corporation
and the general management of its af-
fairs shall be vested in board of direc-
tors consisting of FIVE persons and
such other persons or agents as said
board may elect or appoint. Said
directors shall be elected by the stock
holders hereof at each annual meeting
of the stockholders and shall hold their
Office for the period of one year or
until their successors are elected and
qualified. Immediately after their elec-
ton the directors must organize by the
election of president, secretary and
treasurer, who must be selected from
their own number The annual meet
ing Of the stockholders of this corpora
ton shall be held on the first Tuesday
in May of each year. The following
persons shall constitute said board of
directors and officers, to wit:
Ambrose j Allen, pao,1 nj,
Lawrence Wheeler, neii' O"n'
Fred Fisher
/ Martin Boardman, Warner, Oak.
Arthur L. Kingston,
ARTICLE VIII.
The capital stock of this corporation
may be increased to Ten Thousand Dol
lars by vote of two-thirds of the stock
holders,
ARTICLE TX.
The duties of the officers of this cor
poration shall be set forth in such by
laws as the stockholders hereof may from
time to time adopt.
In testimony whereof we have here
unto set our hands this 10Th day Of Sep
tember, 1885.
AMBROSE J. ALLEN.
LAWRENCE WHEELER.
FRED FISHER.
MARTIN BoARDMAN.
ARTHUR H. KINGSTON.
TERRITORY OF DAKOTA, y
Brown COUNTY, 0o'
| Be it remembered that on this 10Th
day of September, 1885, before me, w :
p. Kingston, a notary public within and
for said county and territory, personally
appeared Ambrose j. Allen, Lawrence
| Wheeler, Fred Fisher, Martin Boardman
and Arthur L. Kingston, well known by
me to be the persons who are described
| in and who executed the within and fore
going articles of incorporation and they
duly acknowledged to me that they ok
ecufed the same freely.
In witness whereof have hereunto
set my haud and official seal ia said
county the day and year first above
written w. 4. KINGSTON,
{G Notary Public,
Brown Co., Dakota
BYLAWS.
SEC. /. DUTIES or PRESIDENT The
duties of the president shall be to pre-
side at all meetings Of the stock holders
and directors. except as otherwise pro-
vided. He shall also perform such other
duties as may from time to time deyolve
upon him.
SEC. Q. DUTIES or SECRETARY ii