St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-08-13
Articles Of Incorporation Of the Fargo
and Southern Elevator Company.

The undersigned, desiring to become a body
corporate under and by virtue of the laws of the
state of Minnesota, and more especially under and
by virtue of title 3 of echapter 81 of the general
| statutes of said state, and the acts amendatory
! thereof and supplementary thereto. have adopted
and do hereby adopt articles of association and
incorporation, Us follows
ARTICLE FIRST.
The name of said corporation shall be and is
Fargo and Southern Elevator Company
The general nature of the business OF this cor
| poration is and shall be, the purchase and sale
for itself, or on commission, and the storage of
grain fuel, salt, lime, cement. live stock -four,
building materials, ell agricultural products, and
such other property or commodities as it may be
convenient to purchase, store, use in connec-
! ton with the said business.
The principal place of transacting said corpora
tons business shall be at the city of Winona in
/ the county of Winona, and state of Minnesota
ARTICLE SECOND.
The time Of commencement OF said corporation
shall be August 10, 4. d. 1885, and said corpora
ton shall continue twenty years from said date.
/ ARTICLE THIRD.
The amount of said corporations capital stock
snail be one hundred and fifty thousand dollars
whereof stock to the amount of sixty thousand dol
lars shall be subscribed for and issued on or before
August 10, 1881 and the balance of said stock NAV
be subscribed for and issued or not, and at such
tunes and IN such amounts as the board of direc-
tors may by resolution at any time determine but
| both the stock originally to be issued and auv
subsequent issues under resolution of the direc-
tors as aforesaid shall be fully paid in when sub
scribed for.
ARTICLE FOURTH
The highest amount Ofindebtedness or liability
TO which said corporation shall at any time be
subject IS three hundred thousand dollars.
ARTICLE FIFTH.
The names and places of residence of the per-
sons forming such association for Incorporation are
as follows: Lyman +. Hodges, residing at Milwau-
kee, Wisconsin; Samuel Y. Hyde, residing at La
Crosse, Wisconsin; Henry ]. O'Nein, residing at
Winona, Minnesota.
ARTICLE SIXTH.
The first hoard NJ diraofors of tb;s oor,,o-o4:o.
shall consist of the following persons: LYMAN F.
Hodges Samuel Y. Hyde and Henry j. O'Neillwht
shall hold their offices such until their success.
sors are chosen.
The officers of said corporation shall be presi-
dent, vice president, secretary and u treasurer
who shall be elected annually by the board of di.
rectors The Office OF secretary and treasurer may
be held by the same person.
The government of the corporation and manage.
ment OF its affairs shall be vested in a board OF
directors who shall be elected by the stockholders
annually on the first Wednesday of September.
Samuel Y. Hyde shall be the first president OF
the corporation; Lyman (. Hodges shall be il.
first vice president and Henry J. O'Nell shall b.
its first secretary and treasurer.
ARTICLE SEVENTH
The capital stock of said corporation original,
issued IN accordance with article third hereoi
shall consist of six hundred shares of one hundred
dollars each, and each share of any subsequent
issue made as provided for in said article thire
shall be OF the par value OF hundred dollars
In witness whereof we have hereunto set ouI
1855.
LYMAN F. HODGES, ISeaI.f
SAMUEL Y. HYDE, Seal
HENRY J. O'NEILI. tSeaL1
In presence of THoS. WILSON, LLOYD w. BOWERS
STATE OF MINNESOTA, /
County of WinOna SS'
Before the undersigned, notary public in and
for the county of Winona in the state OF Mime
sofa, on this 9TH day of August, y. D. 1885 person
ally appeared Lyman F. Hodges, samuel Y HYDE
and Henry ]. O'Neil to me known 10 be the nor
sons described in and who executed the foregoing
instrument, and severally acknowledged that they
executed the same as their and each of their free
act and deed.
lNotl Seal. LLOYD w. BOWERS,
2lS-26 Notary Public, Winona County, MINI.