The Redwood gazette., 1893-08-03
Articles Of Incorporation Of the
State Bank OF Morgan.

=
State Bank OF Morgan.
We. the undersigned, Haibert N. Bali, Fred
w, Fixsen, Fra,.k BliingtOn. Horace .. Eaton.
Hans Mo. otto w. Hagen aud George w. som.
erville, do by these presents pursuant 10 ind
Thirty-three (Ss,. of. the General statutes Of
the State Vt Minnesota, for the year 1873, and
the several acts u mandatory thereof and sup
Elementary thereto. associate Ourseleves to-
gether as q body corporate. and we do hereby
adopt the following articles OF Incorporation,
and hereby certify as follows: s Il
ARTICLE ONE The curpOrate name OF this
: corporation shall be the state Bank Of Nor.
ARTICLE TWO principal place Of bus
mess. and the place where the business OF
ton shall be carried on sha i be ia tue
village OF Morgan, in the county Of redwood
and State of Minnesota.
ARTICLE THREE-The capitai stock OF
($10,0O0), which shall be divided into one hun.
dred (1O0) shares of one hundred dOllars( $iOJ)
each. and shall all be paid in cash before said
corporation shall commence business; pro-
vided the amount of capital stock may be in
creased from time to time by the vote in fay
or of said increase, OF the hol fexs of at least
q maj Drity of the shares of stOcH Hprevi0uslyis-
sued; but the total amount Of capital stock
so increased shall not exceed the sum of fifty
thousand dollars ($5O.01U.)
ARTICLE FOUR-The names and laces of
residence of the stockholders Of SAID corpora
tion, are as follows: Halbeit N. Ball, FredW.
Fixsen, Frank Billingtun, and Horace g. Eat
on. OF Morgan. Minnesota. and Hans Mo, Otto
w. Hagen, aud George SomerviIle, of
sleepy Eye. Minnesota; and Of said shares the
said Aalbert NJ. Ball holds tnirty-five (35J,
Fred W: Fixsen holds five ~, Frank bll!ing-
o., Hans Mo b lids twen>y (su), ,Oho W. Hagen
holds ten (lOl, ana George w. Somerville
holds twenty Coz.
m Z fh6f f1,ct xy.,fA Ann md
shall continue in existence for the period Of
ARTICLE sIx-The stock. properly. at
fairs and business of said corporal GU shall
be under the care. government and manage
ment of board OF IN ee directors. Said
board of directors shall be stockholders and
ing of said corporation, to be held on the first
Tuesday of August each ear, provided that
the first meeting Of said corporation shall be
held on the first day OF August, lss3, at which
elected; and each OF sud officers sh.,ll hol /
his Office for one year, aud un IL Others shall
be chosen and QusIifie1 in his stead provi ed
that the first board OF directors, who shall
hold their offices until the first election by
the stockh olders, shall consist Of the follow.
ing persons. to-wit: Halbert N Ball, Hans
Mo and Fred W. Fixsen; said first board of
directors, at its Fl st mt citing. and thereafter
in manner provided by the bylaws of said
corporation shall elect from its members
President. ViceP sident and Cashier ;and pro-
Cashier, and Hans Mo President, and George
w. Somerville Vice-President. who shall hold
their respective offices until the first meeting
in August, 1898. as hereinbefOre provided, AMI
until their successors are elected ana lifted.
We hereby agree to and adopt the fQreg DING
A'ticles of Inc Drporation and Association Of
the said State Bank of Mo, gan, for the pur-
pose of constituting budy polite and corpO-
rate under said name.
RAhBERT EkE5 u r9xssA n RALL {sssR {ssssR.
FRANK ELLINGTON (Seal).
HOKACE g. EATON (SeaI.
OTTO W. HAGEN (SeaI.
GEO. w .SOMEKVILLE (Seal).
Asfo Hans Mo- Otto W. Hagen and George
W. SSmervlle, sigued sealed and delivered
in the presence of
JOHN HAuCK. CHI. MuRr1N.
AS to Halbert NJ Ball. Fred W. Flxsen,
Frank Ellington and Horace G.Eaton, signed,
sealed and delivered in the presenc of
A. EMMERICH, r. GERDEs.
STATE OF MINNESOTA, COUNTY OF
~ Brown, S. Personally appeared before
NE tbs I'd .1d day OF June Msns Mo- Otto
OF the above named persons, to me well-known
to be the persons who signed the foregoing
instrument and each for himself acknowl-
edged that he executed the same for the OBJ
ject and purpose therein expressed and Of his
free act and deed ISAAC GALLAGHER,
Notary Public. Brown Co. (, MINI
CTATE OF MINNESOTA. COUNTY OF
~ kedwood,ss. Personally appeared before
me his I'd day of June. 1893, Haibert NJ Ball.
Fred. w Fixsen, Frank Billing on. and HoraceG.
Eaton. four OF the above named persons, to me
we'll known to be the persons who Signed the
foregoing instrument, and each for himself
acknowledged that he executed the same for
the object and purpose therein expressed aud
of his free act and deed. RICHARD GERDEs,
Notary Public. Redwood Co., Mimi.
(NOtarial Seal.)
mo. lO,549)
OFFICE OF REGISTER Of DEEDS. RED.
~ wood Co.. Mimi. So. l hereby certify
that the within ins rument was filed in this
Office for record OF the 6tn day OF Juhe. A. d.
1899. at O'Clock u. IN y and was duly recorded
IN Book OF Miscellany. on pages s8S and 2Sl.
GEO l.. XIV ANS. Register OF Deeds.
STATE OF MINNESOTA, PUBLIC EXAM
y iner's Office Received and filed in this
Office this sth day of June: 1898. ,rvor
Public Examiner aud Supt of Banks
STATE OF MINNESOTA. OFFICE OF
~ Superintendent of Banks-The under
signed Superintendent of Bank. for the State
of Minnesota, hereby certifies that the State
Bank OF Morgan. located in the Village of
Morgan, County of Redwood and State of
Minnesota, an association organized under
General Statutes 1878, and the acts amenda-
tory thereof. has complied with the provis-
ions required to be complied with before
commencing the business of banking, and
that such association is hereby authorized to
commence such business as provided for by
section eleven QD, of said chapter thirty
three (;s), as amended by chapter seventy
seven CO, OF the General Laws of 1881.
In testimony where f, witness my hand and
official seal this 10th day of June. 1888.
Public Examiners M. D.KENYON,
Seal superintendent of Banks.
State of Minnesota, A-7t
Superintendent of Banks.