The Irish standard., 1899-05-06
ARTICLES OF INCORPORATION.
THE SAVING FUND AGENCY

ANii'AIs of toHFSoRPoRAr1oN.
THE SAVING FUND AGENCY.
We whose names are hereto subscribed here
by associate ourselves for the purpose of form
ing corporation under the provisions Of Title
IL, Chapter "a of General Statutes Of Minnesota
1884, and the acts amendatory thereof, and to-
that end we have adopted, and do hereby adopt
the following Articles Of Incorporation, to.wit:
The name of this corporation shall be The
Saving Fund Agency; the general nature Of
its business shall be to act as agent in the plac.
ing OF insurance and of surety bonds; to buy.
own. sell and deal in tax certificates or state
assignments thereof and dcbenture bonds Sc
TO loan money, either for themselves or as
agents Tor others, upon bonds promissory
notes or other obligations, which are secured by
mortgage upon real estate situated within the
stalc or elsewhere. and i'll the negotiation of
such loans tor themselves or for other persons
or corporations; and i'll connection with such
business either for themselves or others, to
purchase. acquire. hold, sell, hypothecate as
sign, transfer and convey any obligations Of
such corporation, or OF any person or other
corporation which are secured by mortgage or
"Iher real estate security, and TO collect, fore
close, compound, compromise, release, satisfy
and discharge the same of record Also to
negotiate, buy and sell notes, mortgages com.
mercial paper and other securities and to do
Of transac,ine its business shall be a, the city
OF Minneapolis in the county of Hennepir,
STATE OF Minnesota.
porat'on shall be the 10Th day of May, 1899, and
the period of its continuance shall be thirty (3O1
years
lion shall be Fifty Thousand Dollars (s5o,ooM.
DIVIDED into five hundred $500 shares of One
Hundred Dollars tSlO0) each, which shall he
paid III in such inslallmcnts and at such times
ard .,f
direct. ''~ ''Ao
SAID corporation shall have authority by a
,wo-' , vote OF the Board of Directors at
part thereof as preferred stock upon such terms
and conditions as shall be determined by the
Board OF Directors.
=, Inc highest amount of Indebtedness or H.
ability, exclusive of bonded Indebtedness, to
winch SAID corporation shall at any time be
subject shall be Twenty-Five Thousand dollars
(S25,OO0).
The names and places of residence of the
persons forming this corporation are as foI-
lows: " "
John /. Smith, Minneapolis. Minnesota.
Fred Il. SNYDER, Minneapolis, Minnesota
Charles Il. Elliott, Minneapolis, Minnesota.
VI.
The names OF the frs, Board of Directors Of
ms corporation ars as follows: John L.
smith: Fred i. SNYDER and Charles Ii. Elliott.
who shall hold office as such unit, the 10th day
elected and qualified
The government of this corporation. and the
management of its affairs shall be vested in
board OF directors. consisting of not less than
three or more than five persons who shall be
stockholders. and who shall be elected at the
annual meeting OF the stockholders of said
G cor; ion which shall be held the 10th
,ectors s named herein shall hold office until
May 10, 1900 The directors may adopt by.
laws Tor the government OF the corporation and
alter and amend the same at any time,
=. The capital stock Of said corporation shall be
tltty Thousand Dollars ($50,O00) and shall be
divided in five go hundred shares Of one
hundred dollars each
IN WITNESS WHEREOF we have here
April 1899 >'''' Va
Y e II !;1i:' MAS g BENTON.
IDA y. SHERRY.
Signed:
JOHN L. SMITH. (seal)
cilARLEs i. ELEiiorT. (sea a}
STATE OF MINNESOTA, J
on eG ,nt 4 Of d iIe" m %nr 80, hctor. ~
notary PUBLIC in and for said county, personally
appeared John J.. Smith. Fred i. Snyder and
Charles u. Elliott, to me known to be the per
s''o hNoAiiDSu III anu WHO executed Inc lore
going instrument, and acknowledged that they
executed the same as their free act and deed.
IDA A: SHERRY. (Seal)
Notary Public.
llcnncpin County,
Minnesota.
STATE OF MINNESOTA, DEPARTMENT
OF STATE.
l hereby certify that the within instrument
was filed for record in this Office on the 10th
day of April, A. -. 1899. at 1880 o'clock D. M,
and was duly recorded in Book 12 OF lncor-
poratons on page G23.
ALBERT BERG,
Secretary OF State.
OFFICE OF REGISTER OF DEEDS,
State Of Minnesota, County of llcnncpin.
hereby certify that the within articles we're
filed for record in this office on the 9th day of
April. "A. d. 1899. at O'Clock p. M. and was
duly recorded in Book - Of -, page -.
FRANK c. METCALF,
Register OF Deeds.
by FRANK !. PETERSON.
Deputy Register OF Deeds.