The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1893-07-13

{ We. the UNDERMINED. Halbert n Bali. Fred
Hans IL. 6t,o ". as1sn anu Gs"rse Il Som.
ervilie, do BY these presents pursuant 10 And
10 accordance With the provisions If Chspter
Ihirty-!hres go. Of the General ststnyss Of
the several acts aanendatory the reOf and sup
Elementary thereto. associate Onsseieves &c
gether ~ body corporate. And We do hereby
and nereby certify e follows:
ARTICLE ONE TheoCrp0rate name OF this
corporation shall be tie state Bank OF Nor
ARTICLE TwO-TAe principal place Of bus
mess. and the place where the business of
discount ard deposi, for said eorpora-
ton shall be carried "n sha be in the
village Of Morgan, in the county of redwood
and State of Minnesota.
ARTICLE THREE-The capital stock OF
said corporation shall be ten thousand dollars
$50 UOe), which shall be divided into one hun.
dred (10O) shares Of one hundred dOllare( SlOv)
each. and shall all be paid in cash before said
corporation shsll commence business; pro-
vided the amount OF capital stock may be in
G, eased from time to time BY the vote in fay
or of said Increase, Ut The holders of at least
q majority Of the shares of stock previously is-
sued; but the total amount Of capital stock
80 increased shall not exceed the sum of fifty
thousand dollars (t5O.OUO.)
AkTTCLE FOUR-The names and places Of
residence of the stockholders OF said corpora
ton, are rs follows: Halbert n. Ball, Fred W.
F1xsen. Frank Ellington, and Horace g. Eat
on, of Morgan. Minnesota, and Hans Nc, Otto
W. Hagen, and George w Somerviile, of
said aaibert N. BAN holds tnir,y-ave ts5S.
Fred W. Fixsen holds i've ~, Frank Billing
ton holds I'VE %: Horace g Eaton holds i've.
90, Hans Nc 'lds twenty GU. OTTO W. Hagen
ARTICLE FIVE Said corporation shall
commence on the first day Of August, Il go, and
ARTICLE SIX-The stock. property, at
fairs and business of said corporation shall
ment of q board of three directors. Said
board OF directors shall be stockholders and
shall be elected annually at the annual meet
Tuesday of August each year, provided that
the first meeting of said corporation shall be
held on the first day of August. lisa, at which
time the nsst board 20. OF directors shall 6e
his Office for one year. and until others shall
Oe CHOSEN and Quslified in his stead. provided
that the FIRST board o: directors, who shall
held their Uf1ices until the first election by
| the stockh lders. shall consist of the follow.
ing persons. to-wii: Halbert N Ball. Hans
Mo and Fred w. Fixsen; said first board of
10 manner provided by the bylaws Of said
cOrpOratiOn shall elect from it's members q
p esident. y icePrt sident and Cashier ;and pro-
Cashier, aud Hans Mo President, ann George
W. SOmerville Vice-President. who shalt hold
their respective Offices until the first meeting
In August, 1855. as 0efelDOe1Or6 PROVIDED, and
until their successors are elected opaIi1ied.
We hereby agree to and adop1the &tee ding
A ticles of Inc TpOratiOn and AtsOcIation Of
the said State Bank of Mo,ga for the purc
pose of cor stitating budy polite and coIpo-
rate o''s aALBEkr n LBAA. T@D.
FRED W. FlxSNf4xe1ij.
FRANK ELLINGTON lSeaD
HORACE G.dsAfON Seal.
sHfo *k'9aNssMgaHssss8
GEO. w SOMEkvILLE (SeaD
As tn Hans NO. Ortd WI Hh0fH 4nd George
| w. Somervllle, signed tealt d and delivered
| in the presence of
1 As 70 Hi Hsiosrt 0YB06e5 sUEs1 Sen,
Frank Biliingtonend Fl race g. med,
sealed and deliveeedossk4i4sef
s = srs'o or. 1bf3&4bH, u p. OF
me this I'd dayibfJgnRI iS6dhnss sAS. Otto
w. Hagen spat t4forKab.A SeperyjHA1 hree
to be the IefsaUaifs Mo ffHii1ne the hS55fe oing
| instrumeHf dad Hae0 fUn b faEeif 9aHk howl
edged thst he execyafd) thssaWx401aAeo Oh
ice, and SufRofs esre{las bis
w q ..1SSSGt q ubkS. Bro 20 soEPs{&
'etafle. 5SeS5hk;4i[F II H