The Ward County independent. [volume] (Minot, Ward County, N.D.) 1902-1965, 1909-05-06
Copy Of Articles of Association Of
German American State Bank
of Rurlinufoli N N

Copy Of Articles of Association Of
German American State Bank
\ Of Burlington, n. ID. ....../
Know all men by these presents,
that we, the undersigned, have this
day associated ourselves together
for the purpose Of Incorporating, I'M
der the laws of the state of North
Dakota, corporation, to be known
by the corporate name of German
American State Bank
And we hereby certify that the OBJ
jects for which this corporation Is
formed, are:
For the purpose of carrying on the
business of banking under the laws
of the state of North Dakota
That its principal place of bust
ness shall be in the town Of Bur-
lington, county of Ward, state Of
North Dakota; said town having
population of less than one thousand
inhabitants:
That the term of it's existence shall
be rs years from and after the date
rot it's incorporation;
That the number Of its directors
shall be three, and that the names
and residences of those who shall be
directors and serve as such officers
until the election of their successors
and their qualifications. are:
Jourgen Olson, Minot, N. D.
Fred Spath, Minot, N. D.
John H. Werner, Burlington, N. D.
The names and places OF resi-
dence of the shareholders and the
number of shares held by each of
them are as follows:
Jourgen Olson, Minot, N. D., 10.
Fred Spath, Minot, N. D., 80.
John H. Werner, Burlington. N. D..
10.
That the capital stock of this cor
poration shall be fifteen thousand
dollars. divided into one hundred
nfty shares, which may be increased
from time to time as may be deemed
expedient.
In witness Whereof, we have here
unto set our hands and seals this
srd day of April, A. D., 1909.
Signed and sealed in presence OF
H. C. Sorenson, E. Byorum.
Jourgen Olson, (SeaD.
Fred Spath, (SeaD.
John H. Werner, (SeaD.
ORGANIZATION Certificate Of the Ger
man American State Eank.
Know all Men by These Presents,
That we, whose names are hsreunto
subscribed have this day united our
selves together to form an associa-
ton for carrying on tho business OF
banking under the laws of the state
of North Dakota, and have adopted
and executed Articles of Association,
In duplicate, for that purpose. and
have duly forwarded p copy OF such
articles to the secretary Of state OF
North Dakota: that We do hereby
unQeF our IlduoS LlAAo oAu hio ~Ao
following as our certificate of or
ganization:
First.-The name Of said corpora
ton is German American Bank (el
Burlington, N. d.
Second-The place where the busi-
ness of discount and deposit are to
be carried on is Burlington, Ward
County, N. ID.
4 Third-The amount of the capital
stock and the amount into which its
shares are to be divided is fifteen
thousand dollars divided into one
hundred fifty shares.
Fourth-The names and places OF
residence of the shareholders and
the number of shares held by each
of them as follows:
Jourgen Olson, Minot, N. D., 10.
Fred Spath, .Minot, N. D., 80.
John H. Werner, Burlington, N. D..
10.
Fifth-The period at which this
corporation shall commence business
shall be April 18th, 1909, and 1t
shall terminate April 18th, 1884.
In Witness Whereof, We have here
unto set our hands and seals, each