The McCook tribune. (McCook, Neb.) 1886-1936, 1893-11-17
Articles of Incorporation
OF THE
Farmers and Merchants Bank of MccoOk,
Red Willow County. Nebraska.

Red Willow County, Nebraska.
We Tie Undersigned, Frank ii. Spearman,
Sylvester Corueal, and JUaepiI a. Iofueal,
vi ked W iiloH county, and state Ot Ntbras-
Nd, uO hereby voluntarily associate ourselves
together iur Lie purpose Ut forming d cUrpo-
Ration under the laws OF The State OF
Nebraska.
1. Inc nanie o this corporation shall be
Tie "taIlmeis aud Merchant Bank OF Nc
CoUk, Nebraska"
z. Tie principal Office where the business
vi ti1s corporation shall be Transacted shall
De al MeIUuk, county vi Red ALLOW, stale
vi Nebraska.
3. 1lle purposes tor which this corporation
Is formed ale 10 LIalISAcl Il DaIIklIg business,
DS itcrlyIng money on deposit, buy liz and
selling exchange, ludiillig money on lUtes
Dliis ut exchange, ard other real and per
soiial securities, ana such other business as
Is Dl law authorized 10 be Transacted TUr tile
purposes ana Uses Ut SAID banking corpora
LIUi ilereiIIbetUre nItnlIuutd.
4. The term Tor Which said Organization is
organized is twenty fiVe C25) Years.
>. The business Of THIS corporation Shall
be conducted by officers KNOWN as president,
wee president ana cashier, and by d board OF
three directors, Which Directors Shall be
stockholders. The officers and board OF
directors shall be elected annually, on the
lrat Monday OF April OF eacii and every
Ntdl. 10 lIot OlliCSlo VI ould WI pUl dtiOll
Shall comprise the following named p~trsULs:
Frank Ii. opearnan, president; NJ. A. Loner-
gan, vice president; and Sylvester Curdeal,
cashier. And Tie 1lTot board OF directors OF
the said corporation shall comprise The fol-
lowing named persons Frank ii. SpeaTmdn,
NJ. A. L%OiIergan and sylvester CUrdtai, vino
Shall hold such offices until the first Monday
in April, 1894, Ur until their successors are
elected, AND upon SUCH first Monday in April,
1894, the regular annual nttIlIIg OF said cor
poration shall be held; due notice shall be
given OF each meeting aS Tequlred by law.
q. The capital stock OF said corporation
shall be twenty five thousand dollars (S25,-
0U0), paid up capital stock, and shalI be
divided into two hundred and fifty ESQ
shares OF one hundred dollars (Sl0U) each.
Certificates OF such stock shall be signed by
the president and cashier and shall he trans
ftrabie only Oh the books of the corporation,
and at all meetings of the slOckhUld-
erS each share shall be entitled to one vote,
which vote may be cast either i'll person or
by proxy. The capital stock may be i'll
creased or diminished as provided by law,
by a vote OF thrtt-fOurthS of the shares
thereof at any Regular meeting of the stock
holders, or at d Special meeting duly called
and held tor that purpose.
Z. The directors shall fill any vacancy in
the offices OF said corporation.
5. The cooks of said corporation shall be
kept at the banking office OF said corporation,
and shall be open for the inspection of any
stOcKholder during the ordinary business
hours OF the corporation.
9. The board of directors are authorized
to make such regulations as to its meetings
and government and such bylaws as may
be necessary, in conformity with these arti-
cleS of interpretations; the place of meeting
being always at the banking Office of the
corporation, A majority OF the board shall
at all times have power to call a special
meeting of the stockholders.
10. The indebtedness of this corporation
shall not exceed fifteen thousand dollars at
any one time, and that such limitation shall
be governed by the laws of Nebraska relat-
ing TO banking business, and transactions
related thereto which are made the object OF
this corporation.
II. These articles may be amended at any
time by a vote of three fourthS of the capital
stock at any regular or special meeting con-
vened in the manner provided by said cOrpO-
ration.
In testimony whereof we have h%ereunto
subscribed our names this 10Th day of
October, 1898.
FRANK II. ~SPEARMAN,
SYLVESTER CORDIAL,
JOSEPH A. CORDIAL.
THE STATE OF NEBRASKA, Ivy.
RED WILLOW oUNTY
On this Goth day of October, 1898, person.
ally appeared before me the undersigned, a
notary public, duly commissioned and quail
flied for and residing in Red Willow county,
Nebraska, Frank Ii. Spearman, Sylvester
Cordial and Joseph A. Cordial, to me known
to be residents of Red Willow county, Ne
braska, who in nv presence signed the fore
going articles of Incorporation, and who
before mi and in my presence jointly and
Severally acknowledged the foregoing mstru-
ment and the execution thereof to be their
voluntary act and deed for the uses and pur-
poses therein set forth.
Witness my hand and notarIal seal the day
and year last above written.
[sEAL.1 G. H. BOYLE, Notary Public.
My commission expires January 23d, 1897.