The Redwood gazette., 1893-06-22
Articles Of Incorporation Of the
State Bank OF Morgan.

IA bsNlVS VI AlaSVh RVA 4e1Vn VI SlBO
State Bank Of Morgan.
We, the undersigned, Halbert M.iBeii, Fred
W. Fixsen, Frank Ellington. Horace 6. Eaton.
Hans Mo. Otto w. Hagen and George w. Som
erville, do by these presents pursuant to and
r, II M stn - me 2. napter
the State OF Minnesota, for the year 1878, and
the several acts amendatOry thereof and sup
Elementary thereto associate ourseleves to-
eether as body corporate, and redo hereby
adopt the following articles Of Incorporation,
and hereby certify as follows:
ARTICLE ONE The corporate name of this
corporation shall be the state Bank of Nor
gan"
ARTICLE TwO-The principal place Of bus
mess. and the place where the business of
ton shall be carried ON sha be in the
village OF Morgan, in the county of neawood
and srstn state Of M,nResote THRss so !,
said corporation shall be ten thousand dollars
(S1O, ,t0r,, which shall be divided into one hun.
dre1 (l00) shares OF one hundred dollars(Sp)
each and shall all be paid in cash before said
corporation shall commence business; pro-
vided the amount of capital stock may be in
c: :eased from time to time by the vote in fay
or of said increase, of the holders of at least
a majority OF the shares of stock previously is
sued; but the total amount of capital stock
SO increased shall not exceed the sum of fifty
thousand dollars ($50.Oy0.)
ARTICLE FOUR-The names and placeSof
residence of the stockholders of said corpora
ton, are as follows: Halbert NJ: Ball, Fred W.
on, n Of Morgan. Minnesota, IAN and Hans Mo, Otto
w. Hagen. and George w Somerville, Of
Sleepy Eye. Minnesota; and of said shares the
Fred W. Fixsen holds five g., Frank Billing
ton holds five o.. Horace G Eaton holds FIVE,
(5), Hans Mo lids twenty (2O) Otto W. Hagen
holds ten (lol, and George w. Somerville
ARTiCLE FIVE said corporation shall
commence on the first day of August, 1e93,and
shall continue in existence for the period of
ARTICLE sIX-The stock. property, at
| fairs and business Of said corporation shall
be under the care. government and manage
ment of a board of three directors. Said
board of directors shall be stockholders and
shall be elected annually at the annual meet
ing of said corporation, to be held on the first
Tuesday of August each year, provided that
the first meeting of said corporation shall be
held on the first day of August, 1893, at which
time the first board of directors shall be
| elected; and each of said officers shall hold
his Office for one year, and until others shall
| be chosen and Qualified in his stead, provided
| that the first boArd OF directors, who shall
| hold their offices Until the first election by
| the stockholders, shall consist of the follow
| ing persons, tO-wit: Halbert M. Ball, Hans
Mo and Fred W. Fixsen; said first board Of
| in manner provided by the bylaws of said
corporation shal. elect from its members q
| President, ,VicePresident and Cashier ;and pro-
vided further that Halbert NJ. Ball shall be
Cashier, and Hans Mo President, and George
| W. Somerville Vice-President. who shall hold
| their respective Offices until the first meeting
| in August, 1888. as hereinbefOre provided, and
until their successors are elected and qualified.
We hereby agree to and adopt the foregoing
| A. ticles Of lncorporation and Association OF
pose of constituting a body polite and corpo-
rate under said name.
| FRED w, FIXSEN (Seal
| FRANK ELLINGTON (Sea1
| HORACE 6. EATON (Seal).
Hans 5lAF0 y No : .crN }}sseaRR
GEO. w SOMERVILLE (SeaD.
AS to Hans Mo. Otto w. Hagen and George
w. Somerville, signed sealed and delivered
| in the presence of
| JOHN HAUCK, G. H. MURFIN.
As to Halbert M. Ball. Fred w. Flxsen,
Frank Ellington and Horace G.Eaton, signed,
sealed and delivered in the presence of
CrATE OF MINNESOTA, COUNTY OF
me me this % ID day Of june, isss' Hans Mo, et Otto
W. Hagen and George ". SOmerville, three
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
iect andpurpose therein expressed and of his
| Notary Public, Brown Co, MINI.
(Notarial Seal
| GTATE OF MINNESOTA. COU NTY OF
i y Redwood, ,ss. Personally appeared before
me this 3D. day OF June, 1893, Haibert NJ. Ball,
Fred w. Fixsen, Frank Billing on. and HOraceG.
Eaton, four OF the above named persons, to me
well known to be the persons vi no signed the
foregoing instrument, and each for himself
acknowledged that he executed the same for
the object and purpose therein expressed and
Of his free act and deed. RICHARD GERDEs,
i Notary Public. Redwood Co., Minn.
(Notarial Seal.)
j mo. lO,549.)
OF REGISTER Of DEEDS, RED.
~ wood Co., Minn.. IS. l hereby certify
that the within instrument was filed in this
Office for record OE the 6th day of Juue, A. D.
1893 at o'clock a. m :, and Was duly recorded
III Book of Miscellany, on pages 283 and 284
Il GEO L. EVANS, Register of Deeds.
GTATE OF MINNESOTA, PUBLIC EXAM
- iner's Office-Received and filed in this
Office this 9Th day of June, 1885,
NJ. D. 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 cert!fies 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 of chapter thirty-three (33l of
General Statutes 1878, and the acts amenda-
tory thereof. has complied with the proyis-
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 bv
} section eleven Ql), of said chapter thirty
three (8l, as amended by chapter seventy