The Red Cloud chief., 1886-01-29
Articles Of Incorporation of the
Farmers and Merchants Bank
ing Company.

Article I've. the undersigned. ,o hrreb,
Incorporate Ourselves arl ali persons who may
l't'coihe stockholders hereof into a lpiy cnrVor
ate for general banking business under the gen
eral Incorporation laws "i the state Of y. brd,ka
Article The maine oi the corporation shall
lie the Farmers aud Merchants Banking com,
pany.
Article 3-Th- corporation shall l., located IN
Red Cloud. county al Webster. ana state at VI
braska.
Article t--Thr Incorporation +. don. for I'm,
Transaction of u genera banking business.
Article The capital stock of the corpora
ton slial! be- an authorized capital Of one hun
dred Thousand dollars, divided into SHARES II
one hundred dollars each. Ia tc paid In IN such
amounts AMI al such times - directed by the
directors of said corporation.
Article 6.-Th. corporation shall date from
April 9Th. fSs.. and shall continue tor iwrnty
years. and may be continued from time Ia time
indefinitely.
Article The gene. al control and govern
'nrnt Of all affairs and Transaction, shall rest
with a board of three or five directors. the mum
tsr Ia II, determined annually By = majority
vote vi the stockholders assembled IN meeting
oi the hr>t Ncdn, SHAY after the first Nuneay
IN April ri each year. Immediately following
the Stockholders shall proceed 10 elect the r.
CURED number Of direrior>. who >haI hold of
flee for the ensuing year. and until their -lr-
ct>>or> arr elected and qualified. The board of
directors shall elect one 81 their number Prr<i
dent. another Vice president. aud shall elect or
appoint a cashier and such other officers a, NAV
t~' deemed necessary. To such officers ih- -
r'Ttor> shall d.lcgai. the nrdiuar, rNrcuiorv
ihi'ifou> HiiHIeli VI 6if Ib-ili'tft W men ~tleh
officer II assigned. At all meetings Of >;.rk-
holders each stakeholder shall l- entitled 20
one vote for each >liar- ol stock owned. ~
shown by the books of the corporation. buiy
such stockholders "a, arr lobaiide owner. of
ten shares Of capital >iSrk shall l- eligible for
The Office of dir-tor.
Article > No indebtedness. shall lee contract
ell BY the corporation other than ticlso<it, and
co.IecfIOO> Received ia the regular courses 90
business and the drawing Of cxchln...
Artic!. o.-for the Intervening time froiu the
commencement of the said corporation uniil THE
annual meeting Uf >torkiioIdrr>. the ~-l-ciIo.i IT
dirStors. and the election az APP o~iIiirn.n. of
officers. A. specified IN article seventh. >iia>
CARRIER shall ac; ~ president. and ". = s~,art-r
Slszil art - cashier. with fpli yovrr To io all
things consistent with the proper management
Of the Affairs Of the corporation.
In witness wiI-i eof W haze ifer-unio II our
hand, the 18th day OF JsnuAry A. II. 10
,SIgnedt SriA-G NEEEE.
= d. >NIIH.
typ. ~. NfI>Eh.
Ggo- u. HOLLAND.
W. :. GaRBRE-
On the iUh day OF January. 4 II i.~s. betur
me. ". l.. tbyenaSIi. a BciaTy public. f-r~oHai"
came Sils> ~tsart~r. y u. Saith. Gcp ~. l"i~r.
Geo. u Holland and W. :. carrier. personally To
me- knssws In be the id-uitcai I-T~yn> sbo~~
naIne> arr afix- 10 thu above vrIiin. and
acknou lcsigcd the execution oi the ale for TIE
ntrhss and purJsy>es sta;-i therein
Witness nay hand and Do;arizl raj
t>.ALI fSsxuedy
". r. ovgExAS. No;ar Pubisc.