The Saint Paul globe., 1896-12-20
Articles of Incorporation of f. ID.
Fargo and ComGany.


Fargo and Company.
We, the undersigned, do hereby associate
ourselves together for the purpose of form
ing corporation under the laws of the
state CT 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 CT 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 OF this corporation shall be the 22d day of
unuance shall be thirty years.
Article III-The capital stock of this cor
Poration M shall be the sum of sixty thousand
times and in such amounts as the board of
directors may order l.
Article Iv.-Tke capital stock of this cor
poration shall be divided into six hundred
shares Of one hundred dollars ($100.00) each,
and shall be non assessable. g
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
Tor incorporation are as follows:
+. B. Fargo, Lake Mills, Wisconsin.
e. J. Fargo, Lake Mills, Wisconsin.
4. II. Wegemann. Lake Mills, Wisconsin.
j. l.. Crump, st. Paul, Minnesota.
Fannie M. Crump, St. Paul, Minnesota.
c. E. Frink, st. Paul, Minnesota.
Article VII-The officers of this corpora
ton, in whom it's 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
retary 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
frst Board OF Directors, who, shall hold
corporation, as herein provided, shall be as
follows: F. B. Fargo. E. j. Fargo, "A. H.
Wegemann;, a. J. 1. CrumR, Fannie, M. 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 Board of Directors for the
ensuing year. Each stockholder 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
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 sureties shall be ap-
proved by said Board In case of failure TO
elect as herein provided the officers and di-
rectors shall in ali 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 su-
pervision and control of the Board of d.
rectors, and he shall exercise generally such
+ powers and duties as. are incum-
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 keen
the books of the corporation and a true and
correct record of all its proceedings and
shall coqmntersign Int all certificates OF stock
issued. The Treasurer shall have charge
and safely keep all the funds of the Asso-
citation and disburse them upon a written
Qroer OF the President, countersgned by the
wee PRESIDENT and Secretary. The ulti-
mate direction and control of all the busi-
ness or the corporation shall be vested in
tne Board of Directors and they may en-
p!oy or authorize the President from time to
ume TO employ such workmen, superin-
tendents and assistants as may be neces-
sary for the proper conducting of the busi-
ness and they may from time to time make
such rules or bylaws not inconsistent with
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 that
such notice of stockholders meeting shall
be In writing and served personally If ten
or 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 X.-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 as
much as as any outside party may agree to
pay The stock Of this corporation shall be
transferable IFS ba0kc
in WITNESS WHEREOF, We have here
unto set our hands and seals this 14th day