The Saint Paul globe., 1896-12-17
Articles of Incorporation of r. b.
Fargo ana Company.

Fargo ana Company.
We the undersigned, do hereby associate
ourselves together for the purpose Of form
ing a corporation undeH thetg 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 f. 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 creamenss 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 II.-The time OF fhe commencement
Of this corporation shall be the 22d day OF
December, 1896, and the period of its con-
tinuance shall be thirty years
Article HI.-Fhe capital stock of this cor
poration shall be the sum of sixty thousand
dollars (s6e,o00 .00), to be paid in at such
times and in such amounts as the board OF
directors may order.
Article 1V.-The capital stock OF this cor
poration shall be divided into six hundred
shares Of one hundred dollars (S100.00) each,
and shall be -assessabIe.
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 $50, ,ooe.09).
Article FI.-Tae names and places of resi-
dence of the persons forming this association
for incorporation are as follows:
+. B. Fargo, Lake Mills, Wisconsin.
E. J. Fargo. Lake Mills. Wisconsin.
A. H. Wegemann, Lake Mills, Wisconsin.
J. L. Crump, st. Paul, Minnesota.
Fannie NJ. Crump, St. Paul, Minnesota.
c. 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 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
fetary and Treasurer shall be elected annually
by the Directors from among their number.
The ottice Of Secretary and Treasurer may
be held by one person. The Snames 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 J. L. Crump, Fannie NJ. Crump
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 3 GARD bf Directors for the
ensuing year. Each stockhelder shall be en-
titled to one vote for eachs 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
tion as Directors, said board shall organize
by electing from among their number a
President, Vice President, Secretary and
Treasurer, and may order that the Treasurer
give bonds to the corporation for. such amount
and with such proper sureIieS as shall be aiD-
proved by said Board. In case Of failure to
rectors shall in all cases hold Office until their
respective successors are elected and quail
if1ed
Article 1X.-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 su-
perVision and control of the Board of d.
rectors, and he shah. exercise generally such
powers and duties as are fncum-
bent upoS such executive officer The
Vice President shall also sign all certii-
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 a true and
correct record of all its proceedings and
shall ceuntersigu all certificates of stock
issued. The Treasurer shall have charge
and safely keep all the funds Of the Asso-