The Bemidji daily pioneer., 1920-01-09
ARTICLEs OF Incorporation.
T Farmers Cooperative Warehouse
COMPANY OF 8olNaY, Minnesota,

| traml County, state OF Minnesota. DO
the purpose of becoming incorpora ted
| as a cooperative association under the
provisions Of chapter three hundred
Minnesota, 1919, all the acts amendatory
| thereof and supplementary thereto, and
| to that end we do hereby adopt and sign
the he Srelen OF
ton shall be Farmers ,Co-operative
Warehouse Company Of Solway, Mime
sofa.
| The general nature of it's business
shall be to encourage better and more
economical methods of production, to
secure better results in in Grading. handl- d.
members, to buy supplies in a co-opera--
tive way; to rent buy, build, own, sell
and control such buildings and other
real estate and personal property as may
be needed in the conduct of it's opera
| tions.
This corporation shall also have power
to affiliate and to cooperate by member
oT It shall have
power to do anything and everything,
not inconsistent with law, which is
necessary or desirable to accomplish the
effects and purposes herein stated:
Article 2. The principle place of trans
acting business of this corporation shall
be in the Village of Solway, County Of
Article 3. The time of commencing
business of this corporation shall be
January first, 1929, and the period Of it's
duration shall be thirty years:
residents of the persons forming this
3. r. Tweten. solway, Minnesota.
Adoiph Gustafsson, solway, Mime
George J. Becker, solway, Minnesota,
Vice President.
L. W. Packard, solway, Minnesota.
| p. j. Milbaugh, Solway, Minnesota.
! j. A. Hallan, Solway, Minnesota, Sec
retaryTreasurer.
| Article S. The management of this
corporation shall be vested in board
Of directors composed of seven members.
| The names and addresses Of the first
board of directors are:
| B. T.. Tweten, Solway, Minnesota.
| Adolph Gustafsson, Solway, Mime
George J. Becker, solway, Minnesota
| l.. w: Packard, Solway, NJ innesota.
p. J. Milbaugh, Solway, Minnesota.
J. A. Hallan. Solway, Minnesota.
Officers Of this corporation shall be a
President, Vice President and Secre-
tary-Trea surer, elected by and from the
| Board of Directors.
the time of organization shall hold office
until the next annual meeting which
shall be held on the first Tuesday OF
Article 6. The amount of the capital
stock of this corporation shall be Ten
Thousand ($1O.O0O.O0) Dollars which
or both, in such manner, at such times
and in such amounts as the board or
directors shall order. The capital stock
shall be divided into one hunuerd shares
Of the par value Of one hundred ($100.00)
dollars each.
| Article 2. The amount of the indebt-
edness that may be incurred by or in
behalf Of this association, exclusive of
[ 10 Yvan
shall at no time exceed the amount OF
the paid up capital stock of the associa-
Article g. These articles may be
amended in the manner provided by law.
| IN TESTIMONY WHEREOF we have
hereunto set our hands this 18th day of
DecembeE; a ,>r n ,o.o
1R9LFH GUsTAFssoN,
GEO: J.: BECKER,
| 7. J. LOMEN,
| J. A. HALLAN,
| P. J. MILBAUGH.
Signed, sealed and delivered in pres
foes foes. of Frank P. Smith, Bert H. Land
State of Minnesota. County of Bel
On this 18th day Of December, 4: p.
and for said county and state person
ally prepared B. E. Tweten, Adolph
Gustafsson, George J. BECKER. L. w.
| PACKARD. +. ). M1lDauRn, }. a. f1allan
and T. J. Lomen to me known, to be the
| persons described in the foregoing in
strument and whose names are sub
scribed thereto. and severally acknowl-
edged that they executed the same free
ly and voluntarily for the purpose there
| in expressed.
(SeaD FRANK P. SMITH,
Notary Public.
| Beltrami County, MINI.
! My commission expires March II. 1928.
| 84453
| Office of the Register of Deeds,
| Beltrami County, Mimi.
| l hereby certify that this instrument
26th day of December. A. D. 1919. at 9
| o'clock a. m. and was duly recorded in
Book IS Of Miscellaneous on page 116.
| C. o. Moon, Register Of Deeds.
2d1-10 H. D.