Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1914-03-25
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First publication, Mar. Is, 1910
CERTIFICATE OF INCORPORATION

First publication, Mar. Is, 1910
CERTIFICATE OF INCORPORATION
First State Bank Of Thorpe. 3
KNOW ALL MEN BY THESE
PRESENTS, That we have agreed to,
and do hereby associate ourselves to-
gether as q Banking Corporation, I'm.
der and pursuant to the provisions of
the Laws of the State of Minnesota
governing Banks of Discount and De-
posit;- and to that end we do hereby
execute under our hands and seals
the following Certificate of Incorpora-
ton, t0-wit:
FIRST.
The name of this corporation shall
be the First State Bank of Thorpe.
The general nature of its business
shall be banking, receiving deposits,
buying, selling and discounting notes,
bills and other evidences of debt, do.
nestle and foreign, dealing in gold
and silver bullion and foreign coins,
issuing circulating notes and loaning
money on real estate and personal sc.
curity; and the place where the bust
ness of this corporation is to be car
ried on is Thorpe. in Kandiyohi Coun-
ty, Minnesota.
SECOND.
Said corporation shall commence on
the 3Oth day of March A. D. 1914, and
shall continue for the period of thirty
years.
THIRD.
The names and places Of residence
of the incorporators, and the number
of shares held by each of them are as
follows:
Residence and No.
F. w. Stevens, Sanborn, Mimi. go
c. E. Melbye, Triumph, MIMI. rs
A. I. Mellenthin, Sleepy Eye, MIMI. s
John Hageman, Sanborn, Mimi. IS
L. B. Stevens, Sanborn, Mimi. s.
FOURTH.
The government of this corporation
and the management of its affairs
shall be vested in board of five Di-
rectors, who shall be elected at the
regular annual meeting of the stock
holders to be held on the second Mon
day of January of each year between
the hours of 10 a. M, and 10 p. M, of
the said day. The first Board of Di-
rectors shall consist Of the following
members:
F. w. Stevens,
c. E. Melbye,
A. I. Mellenthin,
John Hageman, and
L. B. Stevens,
who shall hold Office until the first an.
nual meeting, and until their success.
sors are elected and qualified.
FIFTH.
The amount of the capital stock
shall be Ten Thousand Dollars fully
paid In, in cash, which shall be divid
ed into One Hundred shares of one
hundred dollars each.
The capital stock may be increased
from time to time by a majority vote
of stockholders, but not to exceed the
sum of Fifty Thousand Dollars.
SIXTH.
The highest amount of Indebtedness
or liability to which the corporation
shall at any time be subject shall not
exceed ten times the amount Of the
capital and surplus.
IN WITNESS WHEREOF, We have
hereunto set our hands and seals this
Goth day of February A. D. 1914.
In Presence OF Name
M. F. Stevens,
D. G. Klein,
F. w. Stevens,
C. e. Melbye,
A. I. Mellenthin,
John Hageman,
L. B. Stevens.
County Of Redwood, ! ss.
On this Goth day of February A. D
1914, before me, q Notary Public In
and for said County, personally ap
peared F. w. Stevens, G. E. Melbye, A
I. Mellenthin, John Hageman and L
B. Stevens, to me known to be the
persons described in and who execut
ed the foregoing instrument, and &C
knowledged that they each executed
the same as their free act and deed.
(SEAL) D. G. KLEIN,
Notary Public.
Redwood county, MINI
My commission expires Aug. 8, 1918.
State of Minnesota,
Department of Banking.
This is to certify that the name
First State Bank of Thorpe as given
in the foregoing Certificate of Incor
poration, has been approved by me.
Dated this 18th day of March A D
1914.
(SEAL) KELSEY s. CHASE,
Supt. of Banks
STATE OF MINNESOTA
Department of State.
I hereby certify that the within in
strument was filed for record in this
Office on the 18th day of March A. D.
1914, at IL O'clock q. m. and was fully
recorded in book Of State Bank Rec
ords, on page 108.
JULIUS A. SCHMAEL,
Secretary of State
OFFICE OF REGISTER OF DEEDS
County of Kandiyohi, MINI.
hereby certify that the within in
strument was filed in this Office fol
record on the 14th day of March A. D
1914, at 900 o'clock a. m. and was
fully recorded in Book S. of Miscel
pages 347-349. g.
(SEAL). OLOF H. DALE,
Register of Deeds
Citation for 8oaxdnI ON Petition 3o1
Probate Of xoEoign VIM.
Estate Of Amanda Morse ALSO known A