St. Paul daily globe., 1885-08-14
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
uy virtue OF title 2, OF chapter 81, of the general
ssalutes OIL said state, and the acts amendatory
i oiereoI G ana supplementary thereto have adopted
;ny ia uo hereby adopt articles of association and
incorporation, GS follows:
ARTICLE FIRST
., I ne naine OF said corporation shall be and is
TIS T1IlSo anu southern Elevator Company"
me general nature of the business of this cor
poration is, and shall be- the nurcbose and sale
Ior 'seit' or on commission. and the storage of
SiI; san; Iuel salt, lime, cement live stock flour
oulidlng materials, all agricultural products and
sueh other property commodities rs il NAV he
onVenient to purchase store, oruse in connec.
ton with the said business ~ No''i'e'
The principal place of transactino sold oou,
tion $ business shall be at the CITY of winopo in
the county OF Winona, and state of Minnesota.
ARTICLE SECGNG
Ihe ume OF commencement of said corporation
shaIl 0e August u, A. d. 1885, and said eornora
tOn snail continue twenty wears from said data
ARTICLE THIRD
inc 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 issned ON or bafora
August l5 1885, and the balance of said stock nav
be subscribed for and issued or not and at sucR
times and IN such amounts rs the board of direc-
tors may by resolution at anv time determine hit
both the stock originally to be issued and anv
subsequent issues under resolution OF the direc-
tors as aforesaid, shall be fully paid in when SUBJ
scribed for.
ARTICLE FOURTH
The highest amount of Indebtedness or liability
to which said corporation shall at any time be
subject is three hundred thousand dollars
ARTICLE FIFTH.
Inc names and places of residence of the per-
sons forming such association for incorporation are
as follows Lyman f. Hodges, residing at MiIwau-
gee wisconsin; Samuel y. Hyde, residing at La
crosse, Wisconsin Henry ]. O'Neill, residing Sc
Nlhona, Minnesota.
ARTICLE SIXTH.
The first board of directors of this corporation
Shail consist of the following persons: Lyman f.
hodges, Samuel Y. Hyde and Henry J. O'NeiII who
shall hold their offices as such un+i tbair srcces.
sOrs chosen.
1he officers of said corporation shall bc n nresI.
uSht' wee president, Il secretary and treasurer
VINO ShaL oe elected annually by the board of di-
fectors The Office of secretary and treasurer NAV
be held by the same person
Ihe government of the corporation and manaqe-
ment oi 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 \. Hyde shall be the first president of
the corporation; Lyman f. Hodges shall be its
first vice president, and Henry j. ONeill shall be
its first secretary and treasurer.
ARTICLE SEVENTH
The capital stock of said corporation originally
ISSUED in accordance with article third hereof
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 third
snail be OF the par value of hundred dollars
In witness whereof we have hereunto set our
hands and affixed our seals this Ith day of August
1885.
LYMAN F. HODGES, TSeal1
SAMUEL Y. HYDE, Seal
HENRY J. O'NEIIL. fSeaI1
In presence Of THOS. WILSON. LLOYD w. Bowers