The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1920-10-13
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DAILY PIONEER
CERTIFICATE OF INCORPORA,
TON OF HINES STATE
RAMP

.1As VI AN~ON1 O1NAs
TON OF HINES STATE
i, BANK ~
Know all men by these presents.
that we have agreed to, and do here
by associate ourselves together as a
banking corporation, under and DUR
suant to the provisions of the laws
OF the State Of Minnesota governing
banks of discount and deposit: and
to that end we do hereby execute
under our hands and seals the follow
ing Certificate Of Incorporation, to-
wit:
First.
The name of this corporation shall
be the Hines State Bank. The gem
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
silver bullion and foreign coins and
loaning money on real estate and
personal security; and the place
where the business of this corpora
ton is to be carried on is Hines, in
Beltrami county, Minnesota.
Second.
Said corporation shall commence
on the first day of October, A. D.
1920, 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:
H. B. ~Swenson, Hines, Mimi, five
shares. a.
E. E.nSchulke, Tenstrike, Mimi,
three shares.
Will A. Schulke, Tenstrike, Mimi,
Henrya Grip. Tenstrike, MIMI,
one share.
Knute H. Strand, Tenstrike, MIMI,
one share.
C. J. Wild, Tenstrike, MIMI, one
share.
J. P. Mclean, Menomonie, Wis,
ten shares. :
L. Latterell, Kelliher, Minn., ten
shares.
Homers.C. Baer, Bemidji, Mimi,
sixty-thIee shares. ~
I. S. Baer, Bemidji, MIMI, five
shares.
Fourth.
The government Of this corpora
ton and the management of its af-
fairs shall be vested in board of
five directors, who shall be elected at
the regular annual meeting Of the
stockholders to be held on the Thurs
day succeeding the first Monday OF
January of each year between the
hours Of 8 a. m. and A p. m. of the
said day. The first board of d.
rectors shall consist Of the following
members: H. C. Baer, E. E. Schulke,
H. B. Swenson, J. P. Mclean, I. S.
Baer, 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 dollars fully
paid in, in cash, which shall be d.
vided into one hundred shares OF one
hundred dollars each.
Sixth.
The highest amount of indebted
ness or liability to which the corpora
ton shall at any time be subject shall
be one hundred fifty thousand dol
lars. p.
In witness whereof, we have here
unto set our hands and seals this lst
day of October, A. D. 1920:
H. B. SWENSON.
E. E. SCHULKE.
WILL A. SCHULKE.
HENRY GRIPP.
KNUTE H. STRAND.
C. J. WILD.
]. P. MCLEAN.
l.. LATTERELL.
HOMER C. BAER.
l. s. BAER.
In presence OF
A. E. FE1R.
EFF. PARKER.
State of Minnesota, County of Bel
trami, 50. n
1920, before me, a notary pubhc IN
and for said county, personally ap'
reared H. B. Swenson, E. E. Schulke
win A. Schulke, Henry Grip. knute
r. Strand, C. J. Wild, J. P. Mclean
l.. Latterell, Homer C. Baer, l. >
Raer. to me known to be the persons
described in and who executed tne
foregoing instrument, and acknoWi
edged that they each executed tne
same as their free act and deco.
'''''' A. E. FER,
fsean Notary Public,
Beltrami County, Mimi
Nv commission expires December
%, 1926.
91O65.
State Of Minnesota, Department
of State. ..,.:.
I hereby certify that the WITHIN