The Red Cloud chief., 1919-01-23
Articles of Incorporation
CONSTITUTION

We, the undersigned, members OF the
Farmers Educational Il Cooperative Union
OF Nebraska, do hereby associate ourselves
together for the purpose Of organizing II CO.
operative association under the laws OF the
state OF Nebraska, and for that purpose Dc
adopt the following constitutions:
ARTICLE NAME
Farmers Union Cooperative Association OF
Red Cloud, Nebraska.
ARTICLE II PLACE OF BUSINESS
The main office and principal place OF
business shall be At Red cloud, Nebraska.
ARTICLE III
NATURE y oBIECr Oh BUSINESS
To buy, sell, store, ship and handle grain,
grain products and other foodstuiIs for man
and benst. lumber, coal, cement, lime, i'm
plements and machinery, and other kinds OF
farmers necessities; buy and ship livestock,
and buy, lease and operate mills, elevators.
warehouses, stores and other buildings, to-
gether with the necessary real estate for the
manufacture OF all these necessities, either
separately or combined, together with all the
power now or hereafter authorized by law.
ARTICLE " TERN OF ENIsTENCE
The association shall continue for n period
OF 80 years from date OF Incorporation unless
sooner dissolved according to law.
ARrICLEV
CAPITAL STOCK y INDEBTEDNESS
The amount OF capital stock shall be
Twenty Thousand Dollars, divided into 1000
shares At the par value OF ten Dollars each. OF
which amount Four Thousand Dollars shall
he fully paid VI before commencing business
ana before any debts are contracted, and
debts OF the association shall never exceed
two-thlrds OF the paid up capital stock.
ARTICLE VI MEMBERSHIP
only member al the Farmers Educational
n Cooperative Union OF America may be-
come members OF this Association.
ARTICLE WI MANAGEMENT
For the management Of this Association a
Board Of Directors of live members shall be
elected rs follows:
The president shall be elected out OF the
Board Of Directors and he shall also be n dt.
rector ald president OF the Board of DIrcc.
tors; he shall hold oilice untii his successor Is
elected and qualihed. Each OF the directors
to be elected for one year, or until next an
nual meeting.
ARTICLE VIZ NNCAL MEETING
The stockholders annual meeting shall be
held between the 18th and Both OF January OF
each year, and called by the Board of Dirsc'
tors, until such annual meeting the follow.
ing persons and stockholders shall serve as
directors and officers.
ARTICLE IN
This constitution may be amended at m
annual meeting by a two-thirds vote OF al
the stockholders present and upou ten day,
notice to that effect.
II
The hy.laug mny ha a amended bV a tNpn
thirds vote OF the stockholders present II
such meeting rs Is mentioned In section one
In Witness Whereof, The undersigned
have hereunto set their hands the list day o
October, 1918.
Chris. II. Starke, Edward Wilson, j. u
Wisecarver, NJ. II, Hunsicker, j. a. Near
thur, u. f. Reed, Harris Moede, clyde Ar
buckle, r.. S. Fitz, Fred Leggett, Danl Gar
Der, Harvey Merrill, n, A. McCallum, olive
McNutt, NJ. Blomer, +. +. King, J. +. Buck
les, Eail Mccartney, John h. Saladen, VIM
II. Thomas, IL. q. Hanson, Harry Koth, T.
Il. Motcalf, s., c. shucE, Elmer Hines.
State OF Nebraska, County OF Webster, } 5
ON the lst day Of October, 1918, before mo
Bernard McNeny, Notary Public, PERSONAL,
appeared the above named, who PERSONAL,
are known 10 be the identical persons who's
names are MIXED 10 the above articles OF In
corporation, as parties hereto, and the.
severally acknowledge the Instrument to b
their voluntary act aud deed.
Witness my hand as aforesaid,
BERNARD McNENY,
(Notarial Seal Notary Public
Commission ex spires April 2lst, 1919,
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