The Saint Paul globe., 1896-12-21
Flour, Feed, Grain, Hay, Etc.

shares Of one hundred dollars (s1OO.oO each,
and shall be non assessable.
Article V.-The highest amount Of indebt-
edness or liability to which said corporation
snail at any time be subject shall be the
sum Of nifty thousand dollars (s5O O00.00)
article yI.-The names and places of resi-
oence OF the persons forming this association
Tor incorporation are as follows:
r y. Fargo. Lake Mills, Wisconsin.
Il. ), Fargo, Lake Mills. Wisconsin.
A. h. Wegemann, Lake Mills Wisconsin
J: L. Crump st. Paul, Minnesota
Fannie M. Crump, st. Paul Minnesota
c. p. Frink. st. Paul, Minnesota.
Arucie Vu.-The officers of this corpora
lon, 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
te.ary h9 a4a treasurer shall be elected annually
Dy tne directors from among their number.
The ONCE Of Secretary and Treasurer may
o. pc neia by one person. The names of the
office until the first annual meeting of said
corporation, as herein provided shall be az
follows F. b. Fargo, E. J. Fargo, A. H.
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 a Board of Directors for the
ensuing year. Each stockholder shall be en-
titled to one vote for each share of the cap
to him on the books of the corporation I'm
medately after receiving notice of their cleo
ton 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 sucn proper sureIies shall be ap-
proved by said Board. In case of failure to
elect as herein provided the officers and dt-
rectors shall In all cases hold office until their
respective successors are elected and quail
ifed.
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 su-
perviston and control Of the Board OF Dr.
rectors, and he shall exercise generally such
powers and duties as are incum-
bent upon 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
correct record of all its proceedings and
shall countersign all certificates of stock
issued. The Treasurer shall have charge
and safely keep all the funds of the Asso-
citation and dfsburse them upon a written
order Of the President countersigned by the
Vice President and Secretary The ulti-
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 to
time to employ such workmen, superin-
tendents and assistants as may be neces-
sary for the proper conducting of the busf-
ness, and they may from time to time make
such rules or bylaws not inconsistent with
these articles they may deem advan-
tageous to the corporation.
Article X.--Any one of ~ Directors shall
have power to call meeting of the stock
holders upon one days notice. provided that
such notice of stockholders meeting shall
be in writing and served personally If ten
more days notice Of any meeting be given
said notice may be served by mail. Special
meetings of the directors or stockholders
may also be called by any of the stockhold-
ers upon giving at least ten days notice In
writing.
Article XI.-No stockholder shall dispose
Of his stock in this corporation without Civ
ing the other stockholders the first chance
to buy the same. providing they pay
much as any outside party may agree to
pay. The stock of this corporation shall be
transferable on its books
IN WITNESS WHEREOF, we have here
unto set our hands and seals this 14th day