Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1921-12-07
>(First Pub. Nov. 1920
CEREIEICATE OF INCORPORATION
OF THE HOME SAVINGS INVEST-

>(First Pub. Nov. 1920
OF TIE HONE SAVINGS INVEST
We, the undersigned, for the purpose
OF forming W under and
year 1913, and Laws amendatory thereof
and supplementary thereto. do hereby
ass0ciate ourselves t9gethfe1, body
tlhcate OF 1ncorp z 2t;die
h ee Hams Gf this shay be
pany."
Article II.
shall be to buy, sell. lease, let, improve
or deal in any lands or .tenements. to
buy, construct. Improve, lease and sell
generally in the real estate, business;
to acquire, own, sell or 9th erwise dispose
Of and deal in stocks. bonds, mortgages,
of corporations and individuals: to act
as agents in the writing of insurance,
and to DC. DO any and all other business
Article III
business Of this corp corporatien shall Be in in
Kandiyohi and S Ststs Of II Minnesota:
The time for the commencement of
1922; and the period of it's duration
shall be thirty G 81 ye3 y:
The names and places Of residence of
the persons forming this corporation
are
Q. A. Ferring. Willmar. Minnesota;
r. Q. Ferren, Willmar Minnesota, and
G.. NJ. Ferren, Willmar, Minnesota.
Article VI.
shall be vested in Board of Directors,
composed OF not less than three and
not more than five members. The names
and addresses of the first Board of Di-
rectorS are
9. 4. Ferring, Willmar. minnesota: =,
e; NJ: Ferren. Willmar. Minnesota:
The first officers of this corporation
shall be-
President, R. Q. Ferren; Vice Presi-
dent, 0. A; F'erring; Secretary. G. M.
All Of the above named officers and
directors shall hold their respective Of
fees until the. first annual meeting of
corporation to be held January 3rd, 1922.
Board of Directors shall be elected
from and by the stockholders of this
corporation shall be held at it's principal
place of business on the first Tuesday
in January, in each year Immediately
after the election of directors, or as
soon thereafter practicable, the di-
rectors shall meet and elect from their
number president and a vice president,
and from their number or from the
stockholders, secretary and treasurer.
Any Office except that of president and
vice-president may be held by one per-
son. The directors and officers Of this
corporation shall hold their respective
offices until, their successors have been
duly elected and entered upon the dis
charge of their duties.
Article VII.
The first meeting of the stockholders
and Of the Board of Directors shall be
held at Willmar. Minnesota. on the 3rd
day of January, 1922, at ten and eleven
o'clock respectively.
Article VIII
-, The amount of the capital stock of
Thousand ($lo0,0 Dollars, which
shall be paid in. in money Or property,
or both. in such manner. at such times,
directors shall order. The capital stock
shall be divided into 5000 shares of
common stock. each share to be of the
par value Of Ten (s10.O0) Dollars, and
value Of One Hundred (s10O.OO) Dollars,
each. and shall be non -assessible
Zach holder of common stock, shall
every share of such stock held by him.
at any regular or special meeting. for
the transaction of any and all of the
business including the election Of Of
ticers of this corporation.
Article TX.
The highest amount Of Indebtedness
or liability to which this; corporation
shall at any time be subject shall be
the sum of Thirty Thousand ($3o,0Oo.OO)
IN TESTIMONY WHEREOF. We
have hereunto set our hands and seals
this 5th day Of November. A: D. 1921:
0. a. FICRRING, tSEAL)
r. 0. FERREN, (SEAL)
6. NJ. FERR1N, (SEAL)
In Presence of:
Charles Johnson,