The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1917-08-01


Banks of Discount and Deposit: and
to that end we do hereby execute un-
der our hands and seals the follow
ing Certificate of Incorporation, to-
wit:
FIRST.
The name of this corporation shall
be the Farmers and Merchants State
Bank of Delhi, Incorporated. The gen
eral nature Of it's business shall be
banking, receiving deposits. buying,
selling and discounting notes, bills
and other evidences Of debt, domestic
and foreign, dealing in gold and sill
yer bullion and foreign coins. issuing
circulating notes and loaning money
on real estate and personal security;
and the place where the business Of
this corporation is to be carried on is
Delhi, in Redwood County, Minnesota.
SECOND.
Said corporation shall commence on
the 10th day Of July A. D. 1917. and
shall continue for the period of thir-
ty years.
I HIM.
The names and places of residence
OF the lncorporators, and the number
Of shares held by each of them are
as follows:
Albert Reek, Delhi, Minnesota. 8
shares; Fred Starr, Delhi, Minneso-
ia, 3 shares; Axel F. Hultquist, Del
hi, Minnesota, shares; F. H. Brett
kreutz, Delhi, Minnesota, shares;
Harvey T. Daniels, Minneapolis, Mimi,
n shares; Robt. V. Ochs. Delhi, Min
| nesota, 8 shares; John L. Borg, Del
hi, Minnesota, shares.
FOURTH.
The government of this corporation
and the management of it's affairs
shall be vested in a board of Z Direc-
tors, who shall be elected at the regu-
lar annual meeting of the stockhold-
ers to be held on the first Tuesday
succeeding the first Monday of July
of each year between the hours of 10
A. M. and IL M. of the said day. The
first Board Of Directors shall consist
of the following members: Albert
Reek, Fred Starr, Axel F. Hultquist
F. H. Breitkreutz, Robt. V. Ochs, John
L. Borg and Harvey T. Daniels, who
shall hold office until the first annual
meeting, and until their successors
are elected and qualified.
FIFTH.
The amount of the capital stock
shall be Ten thousand ($10,0O0.00)
Dollars fully paid in, in cash, which
shall be divided into one hundred
shares of one hundred dollars each.
The highest amount of indebted
ness or liability to which the corpo
ration shall at any time be subject
shall be One Hundred Twenty Thou
sand Dollars.
In Witness Whereof, We have here
unto set our hands and seals this 21st
day of July A. D. 1917.
ALBERT REEK
FRED STARR
AXEL F. HULTQUIST
F. H. BRETTKREJ'rZ
HARVEY T. DANIELS
ROBT. V. OCHS
! JOHN L. BORG
In Presence of
O. A. Ballard
/ H. T. Helgeson
as to all except Har
vey T. Daniels.
c. E. Lagerstrom
Ara Berdan, as t,
/ Harvey T. Daniels.
] State of Minnesota, County of Red
j wood.-ss.
| On this 21st day Of July A. D. 1917
Il before me, Notary Public in ant
| for said County, personally appeared
Albert Reek, Delhi, Minnesota; Free
Starr, Delhi, Minnesota; Axel F. Hult
quist, Delhi, Minnesota; F. H. Brett
kreutz, Delhi, Minnesota; Robt. v
| Ochs, Delhi, Minnesota; John L. Borg
Delhi, Minnesota. to me known to b,
the persons described in and who exc
cuted the foregoing instrument, AM
acknowledged that they each execu
! ted the same as their free act AM
II deed.
Fl. T. HELGESON,
(SEAL) Notary Public.
My commission expires May 25th
I 1913. Redwood County, Minnesota.
j State of Minnesota, County Of Hen
nepin.-ss.
On this 23rd day of July A. D
1917, before me, a Notary Public il
and for said County, personally ap
peared Harvey T. Daniels of Mime
/ apolis, Minnesota, to me known to b
the person described in and who exc
cuted the foregoing instrument, an
acknowledged that he executed tn
same as his free act and deed.
ARA BERDAN.
! Notary Public, Hennepin Co., Minr
My commission expires May 4, 1915
STATE OF MINNESOTA, DEPART
MENT OF BANKING.
This is to certify that the nam