Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1915-03-24
(Mar. 24-sD
Certificate Of Incorporation
of
FARMERS STATE BANK
Radium, MINI.

business shall be banking, receiving
deposits, buying, selling and discount
ing notes, bills and other evidences of
debt, domestic and foreign, dealing in
gold and silver bullion and foreign
coins, issuing circulating notes and
loaning money on real estate and per-
sonal security; and the place where
the business of this corporation is to
be carried on is Radium in Marshall
County, Minnesota.
SECOND.
Said corporation shall commence on
the 18th day of March A. D. 1915, 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.
Name POStOffice Shares
A. N, Drake Minneapolis MINI. 80 Shares
r. B. Ballard Minneapolis MINI. 80 Shares
Geo c. Jones Minneapolis MINI. 20 Shares
Manley L. FOSSeen.
Minneapolis MINI 10 Shares
H. D. Ballard Minneapolis MINI. 10 Shares
FOURTH.
The government of this corporation
and the management of it's affairs
shall be vested in board of 5 to 9
Directors, who shall be elected at the
regular annual meeting of the stock
holders to be held on the second Tues
day succeeding the first Monday of
June of each year between the hours
of s A. NJ, and 8 P. NJ, of the said
day. The first Board of Directors
bers:
A. N. Drake Manley L. Fosseen
R. B. Ballard H. D. Ballard
Geo. c.. Jones ...
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 majority vote
of stockholders but MOTTO exceed the
sum Of One Hundred Thousand Dol
lars.
The highest amount of indebted
ness or liability to which the corpora
ton shall at any time be subject shall
be One Hundred Twenty Thousand
Dollars
In Witness Whereof, we have here
unto set our hands and seals this 18th
day of March, A. D. 1915.
Name
- r. B. Ballard,
{ A. N. Drake,
{ Geo. C. Jones,
( Manley L. Fosseen,
( H. D. Ballard.
In Presence of
1.-TWO witnesses to each
signature Other than
Incorporators.)
A. L. Ahrens
o. w. Anderson ~':d,-, ..
State Of Minnesota, County of Hen
nepin.-ss.
On this 18th day Of March A. D.
1915, before me a Notary Public in
and for said County personally ap-
peared,
r. B. Ballard,
A. N. Drake,
Geo. c. Jones
Marley L. Fosseen,
II. D. Ballard,
to me known to be the persons de-
scribed in and who executed the fore
going instrument, and acknowledged
that they each executed the same as
their free act and deed
(Seal) A. L. Ahrens,
Notary Public.
Hennepin County, MINI
My Commission expires June 3, 1920
State of Minnesota, Department o.
Banking.
This is to certify that the name
Farmers State Bank of Radium a!
given in the foregoing Certificate Of
Incorporation, has been approved by
me.
Dated this 10Th day Of March, A. D
1915.
(SeaD Albert H. Turrittin,
Superintendent of Banks
By H. S. Quiggle,
Deputy.
State of Minnesota, Department O.
State.
I hereby certify that the within in
strument was filed for record in this
office on the 10Th day of March, A. D
1915, at 3 o'clock P. M. and was duly
recorded in book 2 of State Bank Re
cords, on page 1872.
/. Julius A. Schmahl,
Secretary of State
Office Of Register Of Deeds, County O.
Marshall, MINI.
hereby certify that the within in
strunent was filed in this office fol
record on the Goth day Of March, A
FIJI d. 1915, at 10 o'clock A. M. and wa!
duly recorded in Book /. Of Miscl
page 458.