The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1893-07-06

~ au0 puUiioucu - 0euWOO0 Faiss IN
Dated ct kedwoo6 Falls. the 50 day Of July,
= me eSp s. FRENCH,
fl Judge of Probate.
Articles Of Incorporation of the
State Bank of Morgan.
n We, the undersigned. HaIbert NJ Bali. Fred
". Fixsen, Frank Ellington, Horace q Eaton.
Hans No. Otto w. Hagen and George w. SOM
srviaie, 90 oy these presents pursuant to and
Thirty-three 1881, of the General Statutes OF
the State Of Minnesota, for the year 1873. and
the several acts amendatory thereof and sup
Elementary thereto, associate ourselves to-
gether &c BODY corporate, and we do hereby
adopt the following articles Of Incorporation,
and %k esEeHX eossFny = feows
corporation shall be the state Bank Of Nor.
Article Two The principal place ofous-
discount and deposit for said corpora
ton shall be carried On shall be in the
village OF Morgan, In the county of Redwood
ARTICLE THRBE-The capital stock OF
said corporation shall be ten thousand dollars
CSC, COC). which shall be divided into one hun.
bred (1OO), shares If one hundred dollars( Sion
each. and shall all be paid in cash before said
corporation shall commence business; pro-
vided the amount of ca pital stock may be in
creased from time to time by the vote in fay
or of said increase, of the holders of at least
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
ARTICLE FOUR-The names and places of
residence of the stockholders of said corpora
ton, are as follows: Halbert N. Ball, Fred W.
Fixsen, Frank Ellington. and Horace 6. Eat
on, Of Morgan, Minnesota, and Hans Mo, Otto
W. Hagen. and George w Somerville, of
sleepy Eye, Minnesota; and of said shares the
Fred W. Fixsen holds five (5), Frank Billing
ton holds five ~. Horace G Eaton holds Eve,
o., Hans Mo q bids twenty coy Otto w Hagen
hoids ten (l0l, and George w. Somerville
ARTICLE FIVE Said corporation shall
commence on the first day of August, 1893, 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 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
his Office for one year. and until others shall
| be chosen and qualified in his stead, provided
| that the hrst board OF directors, who shall
| 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 shall. elect from its members q
| President. VicePres ident and Cashier land pro-
Tided further that Halbert N. Ball shall be
| W. SOmerville Vice-PreGideHf, who shall hold
their respective afnces until the first meeting
in August, 1888, az hereinbefore provided, and
untiltheir successors are elected and qualified.
| We hereby agree to and adopt the foregoing
| Articles of incorporation and Association Of
the said State Bank Of Morgan. for the pur-
rate under said name
E EEzS y ai1 SifksSS FAX:
HORACE q. EATON (seaD.
OTTO W: HAGEN (seaD.
AS to Hans MO, Otto w. Hagen and George
W. Somerville, signed sealed and delivered
in the presence of
As to Halbert M. Ball. Fred W. Flxsen.
Frank Ellington and Horace 6. Eaton signed,
sealed and delivered in the presence of
A. EMMERlCH, R.GERDEs.
GTATE OF MINNESOTA, COUNTY OF
f 5Sss iHP:s Mo- ss dsse
of the above named persons, to me well-known
s@ as
edeed that he executed thesame for the OBJ
3es5 and puT29s s therein expressed and Of his
iree ace an M oeea isaac GAtt ~
'o"'' :5g9w
pTATE OF MINNESOTA. County OF
. heSsr' ef bs
4 Fred :t1xsefl, Frank BILLING ron, and H5rkceG
Eaton, four br;the above named persohs,to me
| foregoing inst r,iment, and each for himself
Acknowledged That he executed the same for
the Dbiect and purpose therein expressed and
=, ITO Notary Public, Kedvood CO I MINI.
INotarfal sea|. )'laI trf ytts1gziau
OFFICE OF Rf ssH; lGlIss or DEED :, RED.
that the within instrument was HE'D in this
office for record DC the Stu day OF June, "A i. D.
in Book Of miscellany. on pages Ks and ss4
| t@,, GEO L.,RvANS, Register Of Deeds.
STATE OF MINNESOTA, PUBLIC EXAM
office this sth day, of June. 1888.
" Public Examiner and supt Of tanks
GTATE Of MINNESOTA. OFFICE OF
~ Superintendent of Banks-The under
signed Superintendent Of Banks forthe 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
the provisions of chapter thirty-t hree t33), of
General Statutes 1873, and the acts afnenda-
tory thereof. has complied with the pfovis-
ions required to be compiled with before
commencing the business or banking and
that such association is hereby authorized to
commence such business as provided for by
section eleven al, of said chapter thirty
three (83), as amended by chapter seventy
seven Gu, Of the General Laws of 1e8l.;z
In testimony whereof, witness my hand and
official seal this 10th day of June. 1873
Public Examiners NJ. u, KENYON,
~ Seal superintendent Of Banks.
State of Minnesota, AIT
Superintendent Of Banks I'd aioniH
y .t@1s ..di ~ 51sl) o II n6pt5g