The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1905-02-09
Articles of Incorporation
OF THE
Security State Bank
OF Princeton.

hnoW al men by these presents, that we have
agreed to, and do hereby, associate ourselves
pursuant to the provisions Of the General Laws
OF the State of Minnesota governing banks Of
discount 1I and deposit; and to that end we do
tne following articles of incorporation, to-Wit:
FIRST.
The name of this corporation shall he the
security State Bank of Princeton.
SECOND.
The place where the business of this corpora
tlon is to be carried on is the Village of Prince
ton, Mile Laos County Minnesota
THIRD.
The amount of the capital stock shall be fif-
teen thousand dollars, divided inlo 1870 shares
stock may be increased from time to time bV a
majority vote of the stockholders but not to
exceed the sum OF thirty thousand dollars.
FOURTH
The names and places of residence of the
shareholders, and the number of shares held
py each OF them are as follows:
Residence and No.
Name Postofice. Shares
George A. Eaton, Princeton. MINNESOTA. rs
John W. Goulding. do do <
Ruben f. Mcclellan, do do 50
FIFTH
Said corporation shall commence on the first
day OF January, A. D. 1905 and shall Continue
1or PERIOD OF thirty (3O years.
SIXTH.
The government of this corporation and the
management of it's affairs shall be vested in a
9oard OF not less than three nor more than six
directors: The first board of directors shall
consist OF the following members: George A.
Eaton: Ruben F. Mcclellan and John W. Gould
ing, who shall hold their office until the first
annua! meeting. and until their successors are
elected and qualified.
In witness whereof, we have hereunto set orr
hands and seals, this eighth day of December,
cHAs i, KEFTH. GEORGE N 4: EATON, ( Seal:
AuLGER HINES JOHN w. GOULDING. (Seal)
RUBEN F. MCCLELLAN, (Sealj
STATE OF MINNESOTA,
county OF Mile Laos. s.
,o On this eighth day of December, A. D. 1904,
county personally appeared George A. Eaton.
john W. Goulding and Ruben F. Mcclellan to
me known to be the persons described in and
VINO executed the foregoing Instrument, md
acknowledged that they each executed the
,, CHAs. KEITH.
loeaAJ Notary Public MINI.
OFFICE SH Of PUBLIC EXAMINER
STATE OF MINNESOTA.
st: Paul. Mimi, Dec. e3rd, 1904
San nus is TO certify that the name Security
oIate Bank OF Princeton. as given in the fore
going articles of incorporation, has been an
proved by me. "p
Public Examiner and Supt. of Banks
OFFICE OF REGISTER OF DEEDS,
COUNTY OF MILE Laos, MINI.
~ hse1re9y certify that the within instrument
was hled In this Office for record on the 29th
day OF December, A: D. 1904, at II O'Clock A. M,
s;ao was ouiy recorded in book of incorpora-
ELMER NJ. CHAPMAN,
Register of Deeds.
STATE OF MINNESOTA.
OFFICE OF PUBLIC EXAMINER 5as
me undersigned public examiner, ex-off1cio
superintendent of banks for the State of Min
nesota, hereby certifies that the Security State
bamK OF Frlnceton located in Princeton, county
OF Mile Laos and State of Minnesota, a bank
Incorporated under the provisions of Chapter
one one nunared and forty-fiye Q45) of the Laws of
Minnesota for 1895, as amended. has Complied
with all the provisions required to be Complied
with before commencing the business of bank
| ing, and that such bank is hereby authorized to
commence such business as provided for by
Section four 4) OF said chapter one hundred
| and forty-fve Q45). $500
In testimony whereof. witness my hand and
om 3Gsa seal this third day OF January, 1905
lC.c1al seal S. Z. JOHNSON,
Public Examiner, Ex-Officio Superintendent of