The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-12-16
Articles of Incorporation of f. b.
Fargo and Company.

We, the undersigned do hereby associate
ourselves together for the purpose OF form
ing corporation under the laws Of the
State Of Minnesota, and for that purpose do
agree upon and adopt and sign the follow
ing Articles OF Incorporation:
Article 1.-The name OF this corporation
shall be Il. B. Fargo and Company. and the
general nature of its business shall be the
manufacture and sale of all kinds of cream
cry machinery and supplies and the erection
and equipping of creameries and cheese fac
tories. The principal place OF transacting
the business of said corporation shall be in
the City of st. Paul, Ramsey county, Mime
sofa.
Article 1.-THE time Of the commencement
OF this corporation shall be the 22d day Of
December, 1896, and the period OF its con-
tinuance shall be thirty years.
Article III.-The capital stock of this cor
Poration shall be the sum of sixty thousand
dollars $780, 100000, to be paid in at such
times and in such amounts as the board Of
directors may order.
Article IV.-The capital stock of this cor
poration shall be divided into six hundred
| shares Of one hundred dollars ($1G000 each,
and shall be non ssessable.
| Article V.-The highest amount Of indebt-
edness or liability to which said corporation
shall at any time be subject shall be the
sum of fifty thousand dollars $3.50 100000
Article VI-The names and places of resi-
dence OF the persons forming this association
/ for incorporation are as follows:
r. B. Fargo, Lake Mills, Wisconsin.
E. J. Fargo, Lake Mills, Wisconsin.
A. H. Wegemann, Lake Mills, Wisconsin.
]. L.. Crump, st. Paul, Minnesota.
Fannie M. Crump, st. Paul, Minnesota.
/ G. e. Frink, st. Paul. Minnesota.
Article VII.-The officers Of this corpora
ton, in whom its government and the man
agement Of its affairs shall be vested shall
consist Of a board of six Directors, one Presi-
/ dent. one Vice President, one Secretary and
one Treasurer. The Directors shall be elected
annually by the stockholders at their annual
meeting. The President, Vice President, Sec
rotary and Treasurer shall be elected annually
by the Directors from among their number.
! The office of Secretary and Treasurer may
be held by one person The names Of the
first Board Of Directors, who shall hold
Office until the first annual meeting of said
| corporation, as herein provided, shall be as
follows: F. B. Fargo, E. J. Fargo, A. H.
! Wegemann, ]. l.. Crump, Fannie M. Crump
| and G. E. Frink.
Article VIII.-The annual meeting Of the
! stockholders shall be held the first Monday
/ in January in each year, and they shall at
the meeting elect Board of Directors for the
| ensuing year. Each stakeholder shall be en-
titled to one vote for each share OF the cap
ital stock owned by him and duly transferred
to him on the books of the corporation. I'M
mediately after receiving notice of their cleo
ton as Directors, said board shall organize
| by eecting from among their number, O.
! President, Vice President, Secretary and
Treasurer, and may order that the Treasurer
give bonds to the corporation for such amount
and with such proper sureties as shall be ap-
proved by said Board. In of failure to
elect as herein provided the officers and di-
rectors shall in all cases hold office until their
respective successors are elected and quail
flied.
Article IX.-The President shall sign all
| certificates of stock; shall be chairman of the
Board of Directors and preside at their meet
ings. He shall be the general manager OF the
affairs of the corporation, subject to the sue
pervision and control of the Board Of Di-
rectors, and he shall exercise generally such
powers and duties as are ineum-
bent upor such executive officer. The
Vice President shall also sign all certif.
Gates of stock and exercise the functions OF
the president in case of his absence or In
ability to act: The Secretary. shall keep
the books Of the corporation and true and
correct record of all its proceedings and
shall countersgn all certificates Of stock
issued The Treasurer shall have charge
and safely keep all the funds Of the Assoc
citation and disburse them upon a written
order of the President countersigned by the
Vice President and Secretary. The ultt-
mate direction and control of all the bust
ness of the corporation shall be vested In
the Board of Directors and they may EN-
ploy or authorize the President from time tc
time to employ such workmen, ~superin
sary for the proper conducting Of the bust.
l ness, and they may from time to time make
such rules or bylaws not inconsistent will
these articles as they may deem advan
tageous to the corporation.
Article X.-Any one Of the Directors shall
have power to call meeting of the stock
holders upon one days notice, provided tina
such notice of stockholders meeting shall
be in writing and served personally. If tel
e or more days notice of any meeting be givel
said notice may be served by mail Specia
: meetings Of the directors or stockholder
e may also be called by any Of the stockhold
: ers upon giving at least ten days notice
u writing
It Article XI-No stockholder shall dispos
: of his stock in this corporation without civ
ing the other stockholders the first chane
to buy the same, providing they pay a
much as any outside party may agree t
pay The stock of this corporation shall b
:. transferable its books.
l IN WITNESS WHEREOF. We have here
. unto set our hands and seals this 14th ia
4 of December, 1896.