Warren sheaf., 1905-12-14
Articles Of INCORPORATION

Fdr the purpose of forming and being l,o1
cur1rsfate: and by virtue Of the laws OF th
State S,ax OF MI Minnesota in such case made an,
ed. scaled andt acknowledged the follow;n,
articles Sef'IncDrpOratiOu..
ARTICLE L.
Ihe na7me OF this corporation shall t>. ''T.hf
WarrertBsalfsing and Lotn Associstion>>7
ARTICLE IL.
The 'prlncfpu2. place Of business shall he. i,
the City OF. Warren, Marshall County and Stat.
of Minnesota ~ '>
-, me. general nature Of the business an6
the OBJECT OF. the incorporation win he
to accumueate a. fund. Of money hS
payments pay Tor stock in this corpora
tlon issued to persons who may become mem
DerS thereOt' to loan out the funds So accn.
mulated and accrued interest thereon tic, mem
ners Only TO enable them to purchase real es-
tate and build houses for themselves. to do a
general business of Il, local building and loan
ASSOCIATION as now or hereafter presscrihfd h.,
Che laws, OF the State of Minnesota, and to
MAKE Sucn Other' Investments Of tie S11rr}1ls
funds OF the corporation as muN be dee1neJl
advisable.
AR1TsnBs w..
The amount Of the capital stock sesall be.
limited to Five Hundred Thousand (5o0, zoo O0)
Dollars divided in five Thousand l5DOCA shtvres
OF One Hundred (Stoo.oo)S Dollars, each, To- he
paid in jnstallmentS of such, amounts an1 at
such times and underlsuch.regulations as mzyv
a.
ton. but it shall nobbe necessary forall SA sadd
capital stock to be subscribed for in ort5er to
enable said association to. oransact business
and 20 into operation:
AnrIc1E:w
The highest amount of indebaednesso,.r rs..h;,-
tiles to which the asSociatiomShall.at at anx one
time be subject Overland, above its, liabilities
TO its members on their shares of stock shall
oe no greater than ten per- cent Of its SUBJ
scribed stock.
A RTldrE.Vf
This association shall continne. for a. peuiod
of thirty (3O) years. commencing on the. 1th
day Of December; Al D.l905. On. which daN at
eight ea o oclock in the evening the directors Of
this association shall meet in the City of War:
Yen. Minnesota. to adopt BS-EawS, for the
government OF this corporation and. to, trans
ACT: 'such other business as may be .deamed
advisable.
A RT1Cl;E: VIE.
The nsmess.nd residences Of. the inoo,po,7,.
s@rS are: Aug. Lundgren. Oscar Bossman. @, 4
1lnrud John Lindberg.' PetersOlson Aug: A.
Johnson Ernest J. Johnson, "A neon E.. Swenson
Nels Johnson {. e. Lund(uis&. Albin, I5Ounr
A: N. Eckstrom c. Wittenst en- and Louis. NJ
Olson, aH Of Warren Marshagl uountN: Ninne-
S0&a.
!, ARTICLE, WIKI.
& Ihe' government of this ASSOCIATION :sasti the
management OF its affairs shall be vested in a
board OF nine directors each whom ssSzN be
Nmember Of this corporation The beard Of
Idiresetors, after the one herein Damed ahall be
|eleeued three each year by bssAOt at abe an,
nuaameetiDx cf the stock holders OF this as
sociatiOn, and shall hold theiryaffice. fs, tbree
wears and anasil their successsrs ,aye elected
and qualify
The board of directors, CB this assssaia ton
shall have soWef and ,au tfi0Gity to es.rnct BY
Laws reF'skatins! the manner of Gaining and
eOn(Ma1tlng meetings and aaeUtiOns. providing
for tine election of officers and for thai tiing of
vacancies in said board OF directors CP1 any of
INT he,ts1nes s'tshhs corporation fixing tLepOv e4rsp
duties and emoluments Ct the officers .pi
agents OF this 3Sscciat tion. .g,rOvidinga for the
imposing OF reasonable finas> assessments ard
dues upon Its members. regulating nhe isS,-
ance :,nc transfer of StGolS and tha mana = a
ment OF. its funds and the loans to members of
the association, and generally re taui1stiny :,i
othev matters deemed nesessslry fCa:uhe good
governments Und mana cement of tla.u ufairS If
this cOrpOrs,tiOuI
ARTN,l.ak IX.
rlaa n:lns=@ and reside noes Of th< -1r~t DO zsd
ct directors are: Louis M Olson, Avag Lit nd
sren" John t-sndber@1 G. W:stensten A.
NeAs johnson and G. i. 1.l,ndauist. ali
OF Maruen~ Malslss4l County- MS1se-
Sofia The first three of The directors
above named shall holdstheir offices until the
annual stockholderS- meeting 10 1906 rhe
neXt three above ,nanlsd shall hcal their o1aeeS
until the snnuss3 Stockholders meeting in 1907
and the lsst three above FAMED shah hold dheir
onices until the ann,aaai stockholders Meeting
in 1908 The board OF directors at thei-s tlrst
meeting after each annual meeting shah elect
neutrality-suspicious.. seesetary tsaasur-
cr and attorney from. among their number
The following Off GERS shall act for Tx, first
year and until theia Successors ARE elee&o@ and
qualified. viz:--Aua1 I.andgrea President; C.
WitteMsten- Vice~President: Albin Young,
Secreba ry: LOuis.M. Olson. ,Faasure.@- :and A.
n. EekStrOm. A tt aHney.
EAEJI<I4E y.
The annual meating of the" stOckhIaeiers OF
the corporation 50 elect directors and to trans
act any other business Of the association.
properly. so to. be Transacted! shall be held in
the City OF Wa2ken at a plaae to be designated
by the board pf.directors or, the first MondaN
after the tcSa day of Deeember in eech year,
commencing. in,tne year 1896.
tn TeStinloRt Thereof We have hereunno
set our hands~art seals this, 18th day Of NOye<ll
bfr- A. d lGYSA