The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1920-02-26
{ First Pub. Feb. 26-2t)
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 banking corporation, I'M
der and pursuant to the provisions of the laws
OF the state Of Minnesota governing banks of
discount and deposit; and tc that end we do
hereby execute under our hands and seals the,
following certificate OF incorporation, to-wit-
First.
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 discountng notes.;
bills and other evidences of debt, domestic
and foreign, dealing in gold and silver bullion
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.
Said CORPORATION shall commence on the
continue for period 4. 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 ... SIS
H. J. Bollun, Lyndale 21
Q. A. Brachlow, Long Lake .......... 5
w. E. Pharaoh, Long Lake ............ 5
William Lip, Long Siding .. /
Fred Eggert Long Siding ..................
s. H belong, Anoka ....:..........---.........1 10
Fourth.
The government of this corporation and the,
management OF its affairs shall be vested in a
board of five (5) directors, who shall be elected
at the regular annual meeting OF the stock
holders to be held on the Wednesday succeeding
the first Monday of January of each year be-
tween the hours of 10 a. m. and p. m. of
said day: The first board of directors shall
consist of the following members:
Kenneth M. Bollunn, H. J. Bol1un, o. A..
Brachlow, Fred Eeeert, S. H. DeLone who
shall hold office until the first annual meeting
and until their successors are 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 dollars each.
Sixth
X The highest amount of Indebtedness or
liability to which the corporation shall at any
time be subject shall be hundred eighty
thousand dollars.
In witness whereof, we have hereunto set
our hands and seals this 18th day of February
A. D. 1920
H. J. BOLLUM,
KENNETH M BOLLUM
o. A. BRACHLOW
" We F.; T PHARAOH,
WILLIAM LIPP,
S. H. DE LONG,
In Presence of:
Alfred Thies, Alfred Thies, Herman Hoffman,
Herman Hoffman as to H. J. Bollum, Kennetfs
M. Bollum, o. A. Brachlow, W. E. Pharaoh.
Roy A.. Carlson. Roy A. Carlson, W. J.
Burke 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, a notary public in and for said coun-
ty, personally appeared Kenneth NJ Bollum,
H. J. Bollun, o. A. Brachlow, w. E. Pharaoh,
William Lipp, Fred Eggert, S. H. belong. to-
who executed the foregoing instrument, and
that they each executed the same
HERMAN HOFFMAN,
Notary Public, Hennepin Co., MINI.
MY commission expires February 6, 1927
(SeaL)
State of Minnesota, Department of Banking.
hereby certify that the foregoing certificate.
OF incorporation and the name Long Siding
State Bank as given therein have been this
day approved by me.
Dated this Eighteenth day of February, A. D..
1917 F. E. PEARSON,
Superintendent of Banks.
By G. II. SIVWRIGHT
tSeal.) Deputy Superintendent.
5sos1
State OF Minnesota, Department of State
hereby certify that the within instrument
was filed for record in this office on the 18th
day OF February, A. D. 1920, at o'clock ..
M, and was duly recorded in book of state
bank records, on page 400.
JULIUS A. SCHMAHL,
Secretary of State.
Office of Register of Deeds, County of Mile
hereby certify that the within instrument
was hled in this office for record on the 2OtIs
day of February, A. D. 1920, at o'clock D. M.
and was duly recorded in book B Of incorpora--.
lions, page I. A. G. OSTERBERG,
Register of Deeds.