The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1920-03-04
First Pub. Feb 2e-2t)
Certificate of Incorporation of Long SIDING
State Bank.

Know all men by these presents, that we
have agreed to. and do hereby associate our.
selves together as a banking corporation, I'M
der and pursuant to the provisions of the laws
| OF the state of Minnesota governing banks of
discount and deposit; ard tc that end we do
hereby execute under our hands and seals the
following certificate of incorporation, to-wit:
The name OF this corporation shall be the
Long Siding State Bank. The general nature
OF ITS business shall be banking. receiving de-
posts, buying, selling and discounting notes,
bills and other evidences of debt. domestic
eng 1ore!gn, dealing in gold and silver bullion
and foreign coins and loaning money on real
estate and personal security; and the place
| where the business of this corporation is to be
| carried on is Long Siding, in Mile Laos coun.
| ty, Minnesota.
eighth day of March, A. D. 1920, and shall
continue for period d., Of :, thirty years.
The names and places of residence of the in
| corporators, and the number Of shares held by
each OF them, are as follows:
| Name Residence and Postoffice No. Shares
Kenneth M. Bollum, Long Lake .... SO
Il. j. Bollum, Lyndale .......... 81
O. A. Brachlow, Long Lake .................. S
": -. Pharaoh, Long Lake ..."...............
William Lip, Long Siding ........ I
Fred Eggert, Long Siding
S. H. belong. Anoka 10
| Fourth.
| The government of this corporation and the
management of its affairs shall be vested in
board of five 90 directors, who shall be elected
at the regular annual meeting OF the stock
the first Monday of January of each year be-
tween the hours of 10 a. and p. m. of
said day; The first board of directors shall
consist OF the following members
Kenneth M. Bollum, H. ]. Bollum, o. A.
Brachlow, Fred Eggert, S. H. DeLong, who
shall hold office until the first annual meeting,
and until their successors elected and
qualified.
The amount of the capital stock shall be
Ten thousand Dollars, fully paid in, in cash,
which shall be divided into one hundred shares
of one hundred dollas s;. each
i The highest amount mt; Of indebtedness Or
liability to which the corporation shall at any
time be subject shall be one hundred eighty
thousand dollars.
In witness whereof, we have hereunto set
our hands and seals this 18th day of February,
A. D. 1920.
H. ]. BOLLUM,
KENNETH M. BOLLUM,
o. A. BRACHLOW
! w. E. PHARAOH
Il FRED EGGERT,
WILLIAM LIPP,
S. H. DE LONG,
II In Presence of:
Alfred Thies, Alfred Thies, Herman Hoffman,
Herman Hoffman to H. j. Bollum, Kenneth
M. Bollum, 0. A. Brachlow, w. E. Pharaoh
Roy A. Carlson, Roy A. Carlson, w. J.
Burke as to Fred Eggert. William Lipp, S. H.
belong.
State of Minnesota, County of Hennepin-ss.
On this 18th day of February, A. D. 1920, be-
fore me, notary public in and for said coun-
ty, personally appeared Kenneth M. Bollun.
III. J. Bollum, o. A. Brachlow, w. E. Pharaoh,
William Lpp, Fred Eggert, S. H. belong, to
me known to be the persons described in and
who executed the foregoing instrument, and
acknowledged that they each executed the same
as their free act and deed.
HERMAN HOFFMAN,
Notary Public. Hennepin Co., MINI.
4 Ny commission expires February s. 1927.
| (SeaL)
State of Minnesota, Department Of Banking.
I hereby certify that the foregoing certificate
of incorporation and the name Long Siding
State Bank as given therein have been this
day approved by
Dated this Eighteenth day of February. A. d.
1920. F. E. PEARSON,
Superintendent Of Banks.
:, By G. H. SIVWRIGHT,
i (Seal) Deputy Superintendent.
59O81
State of Minnesota, Department Of State
, I hereby certify that the within instrument
: was filed for record in this office on the 18th
day Of February, A. d. 1920 at 8 o'clock Q.
, M, and was duly recorded in book 2 of STATE
bank records, page 400.
JULIUS A. SCHMAHL,
Secretary Of State.
) Office Of Register of DEEDS, County Of Mile
I hereby certify that the within instrument
was hled in this office for record on tho goth
day of February. A. D. 1920, at o'clock D. M
and was duly recorded in book Of incorpora.
ttions. page l. A. G. osTERBERG.
Register Of Deeds.