The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1893-07-20
Articles of Incorporation of the
State Bank of Morgan.

W, Fixsen, Frank Ellington, Horace q Eaton.
Hans Mo. Otto w. Hagen and George w. Som
eTville, do by these presents pursuant to and
in accordance with the provisions of Chapter
Thirty-three (33) Of the General Statutes of
the State OF Minnesota, for the year his, and
the several acts amendatOry thereof and sup
Elementary thereto, associate ourselves to-
gether as 4 BODY corporal e, and we do hereby
adopt the following articles of Incorporation,
ana oSs The name of this
corporation shall be the state Bank Of Nor
s ARTICLE TwO-Tbe principal place ofbus-
mess. and the place wne.e the business of
discount and deposit for said corpora
ton shall be carried ON sha be IN the
ARTICLE THREE-The capital stock OF
said corporation shall be ten thousand dollars
($1O.,O"l which shall be divided into one hum
dred Zoo. shares Of one hundred dollars $iO,)
each. and snail all be paid in cash before said
c.rpuratiOn shall commence business; pre-
vided the amount ut capital stock may be in
c, eased from time to time by the vote i'm fay
or of said Increase. Of the h6liers of at least
a majority of the shares Of stock previously is
sued; but the total amount VI capital stock
so increased shall moi exceed the sum of fifty
thousand dollars l$I.Ot.)
ARTICLE FOUR-The names and laces Of
residence Of the stockholders of said corpora
ton, are as follows: Halbelt NJ Ball, Fred w.
Fixsen. Frank Ellington, and Horace g. Eat
on, ct Morgan, Minnesota. and Hans Motto
W. Hagen. aud George W Somerviile, of
said halbert NJ. Ball holds thirty-fve (35j,
Fred w. Fixser holds five -. Frank billing
ton holds five 81. Horace G Eaton holds five,
(5), hans Mo lids twenty GU Oho w. Hagen
holds ten 40, ana George W. somerville
ARTICLE FIVE = Said corporation shall
commence on the first day Of August l. 93,and
shall continue in existence for the period Of
ARTICLE SlX-The stock. property. at
fairs and business OF said, corp. rat on shall
hf,, dor he y re- on 1Hutt %
ment of a board OF thee directors. Said
board OF directors ehaii tie stock holders and
shall be elected Annually a.the annual meet
TUESDAY of August each ear, provided that
the first meeting of said corporation shall be
held on the first day or August. loa3 al which
time the first hOSrd Of directors shall be
elected; and eat OF said officers shall hold
his Office for one year, and until others shall
be cnosen and qusfed in his stead. provided
that the first board OF directors who shall
hold their Offices until the first election by
he stockholders, shall consist Of the follow.
ing persons to-wii: Halbert M Ball. Hans
Mo and Fred w. Fixsen; said first bard of
directors, at its fl st meeting, and thereafter
| in manner provided by the bylaws OF said
corporation shall cleo, from its members
Z esiaent. vicePrt sdent and Cashier ;and p, O.
vided further that Halbert NJ Ball shall be
Cashier, aud Hans Mo President, ant George
W Somerville Vice-Presidt Mt. " no shall hold
their respective offices until the first eting
in August, 1893 as berenbefOre PROVIDED, and
unit, their successors are elect, d IN qualified
We hereby agree to end adopt the fo' es OIL
| the said State Bank Of Mo gan. for the pur-
pose IF CO. stituting budy poll, ic and COZ po-
rate under said rame.
- HALBEKT N BALL (seaD.
FRED W. FIXStN (SeaD.
FRANK ELLINGTON (SeaD.
HORACE q. kATUN (SeaD
OTTO ". HAGEN (SeaB.
GEO. w SOMEkVILLE (SeaH.
AS t" Hans Mo. Otto W. Hagen and George
w. SOmerville. signed sealed and delv cred
JOHN HAUCK. G.. H. MURFIN
As to Halbert NJ Ball. Fred W. Fixsen.
Frank Ellington and H race G. Eaton, signed,
A. ENMERICH. X. GERDEs.
STATE OF MINNESOTA, COUNTY OF
~ Brown, ss. Personally appeared before
me this I'd day of June, l. SO, hans Mo, otto
w. Hagen and George ". Somerville. three
of the above named PEI sons, to me well-known
10 be the persons who signed the foregoing
instrument and each for himself acknowi-
edged that he executed the same for the Oh
Ject and purpose therein expressed and of his
free act ana deed. ISAAC GALLAGHER
Notary Public, Brown 60 rMinn
(Notarial Seal
GTATE OF MINNESOTA. COUNTY OF
- Redwood,ss. Personally appe. REQ before
me this 81 day OF June. 1895, Ha berl M. Ball,
Fred w tixsen, Frank Billing Oh land HordceG.
Eaton four 0 the above named lersnns to me
well known to be the persons no signed the
foregoing instrument. and each for himself
acknowledged that he execus ed the same for
the object and purpose therein expressed and
of his free act and de-d. RICHARD GERDEs.
Notary Public. Redwood Co. , Mimi,
(Notarial Seal
mo. 10,540)
OFFICE OF REGISTER UF DEEDS, RED
" wood Co, Mimi. So. hereby certify
that the within ms rument was filed in this
office for IecOrd or the ot1 day OF Juhe. A ID.
1893, at O'Clock q. m and Was duly recorded
in Book B of Miscellany, on pages 283 and 284.
GEO l.. EVANS, Register of Deeds
STATE OF MINNESOTA, PUBLIC EXAM
~ iner's Office Received and filed in this
Office this 9Th day of June, 1888.
ND KENYON
Public Examiner and Supt of Banks
STATE OF MINNESOTA, OFFICE OF
~ superintendent of Banks-The under
signed Superintendent of Bank for the State
of Minnesota, hereby certlfies that the state
Bank OF Morgan. located i'll the Village of
Morgan. County of Redwood and state of
Minnesota, an association organized under
the provisions or chapter thirty-three (33). OF
General Statutes 1873. and ths, acts amends
tory thereof. has complied with the provis-
ions required to be complied with before
the business of banking and