The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1921-10-07

PROCEEDINGS ]
.;n,,ed from last week.
EXHIBIT A

xkV VNA1l1a 8 s. -.
.:.,,ed from last week.
lcont'nqEsxSH EXHIBIT A
rrnsf Agreement
,,1n1ET1NSTuRE, ZEN Made this 3lst
IBIS lNpnh Np.,aher. 1920, by and be-
of DeceMpui;s ecpe;s, ker Of Fessenden,
Ii DakGi;a' k@G;nn'esota p Loan and Trust
The . corporation Of Minneapo,
upany, g eo' pnarty of the second
(hersddT ad The Northwestern Na,
s.eel anu If Minneapolis, The First
pd Bans pank X in Minneapolis and the
tienal - D1la National Bank of Saint
the ;ness iaas in the cities respec-
ng ousimd q onuIs;.ated. organized in accord.
ely llla''ahl ma the laws of the United
e. S,,a narties Of the Third fart' VII
ssth4' 5eas; said first party is in.
hhS;thr 0;ther directly as obhgor or
tsd 4,n e,'as, as endorser or guarantor or
useus fo to the said parties OF the.
er~iss IN the aggregate. sum OF
q oa pan M " and in the respective
0oVVySv ySvore;nafter set forth; and
9S9aaEFsREAs, 99aFsR "a said first party IS the
# large interest IN eacn OF
nef eif.,,au-;ng o. banks in Minnesota,
! loi1VLt paLota and. Montana (Which
Itn 1n ara usA hereinafter designated for
If n;tv { Country Banksl: DIS,
v,,s msr;ean National Bank, Forsyth,
sfans'c sa,is County State Bank, Bowbells,
na ,ors n&H & Merchants National
i siAlls Cannon Falls, Minnesota, :.
1a. s,mers Ua & Merchants Bank, Mani
North Dakota, Nh
inst National Bank, Crosby North
sosa' s,s4 State Bank, Manfred, North
vs4' Syst National Bank, Stanley, North
|tste tate Guaranty Bank, Harvey,
rh Dakota, ,11ea,
Burdsfeld State Bank, Hurdsfleid,
th Dakota, Nh
kota, Do,- Ioa+s
h, North Dakota,
Roundup National Bank, Roundup,.
ntana,
North Dakota, :
It may. be that said Country
kks will need additional accommoda-
d uending the time that the stocks
puader Of said County Banks may
sold by said Trustee as herein pro-
ed or pending the present imam
depression, and
NHElEAS to obtain such addition
accommodations and for the pur-
bks and other creditors having leg
Be Of securing said third party
claims against him and to create
trust hereinafter referred to, said
It PARTY has deemed it to be for
best interest and for the best IN
|sts Of all other persons. and cor
kations concerned, to assign, trans
and convey to the second party
Trustee the Securities and proper
hereinafter referred. to and de-
Ibed; and
WHEREAS, said first party has,
htemporaneously with the execution
delivery of this instrument. as
ped, transferred and conveyed to
b Trustee certain securities and
perties of the aggregate book
ue Of s714,932.53, the receipt
ereof is hereby acknowledged by
4 Trustee, a complete description
which securities and properties and
their respective book values, is
ITO attached marked Exhibit A.
hereby make a part hereof, (and
lch securities and properties are
safter for brevit designated Trust
ate):
NOW THEREFORE,, in considera-
OF the premises and of the mu-
promises herein contained, it is
coy understood and agreed by and
ween the parties hereto that said
y has transferred and he does
coy transfer to said party Of the
[oAd part, to be held by it in trust
as collateral security for the
~ parties aforesaid, and for any
" creditors holding legal demands
aaS said first party all OF sale
". Estate, the same, to be helt
me uses and purposes and upor
ondltlons hereinafter stated; an6
parues hereto covenant and agret
Sd Said second party shall so hole
rust Estate in accordance Will
sondtlons and for the following
and trusts, to-wit:
sss sslu Trustee is hereby given full
"sl 0p and authority in its discretion
Isa' convey or to contract to sci
lsansv, lvnssv, or to lease. any or all O
Am ssaos described or referred to il
aoN AZ aforesaid, or to sell, as
aaa transfer any OF. all of th'
r,l,sther Sl other property described il
=. SaShiolt "A" with the under
I4,ils' WI however, ahat none of sal,
" personal properties will b
NJ ios VI less than their reasonabl
foa slu ehat ncne Of them shall b
ne acs y, iess than their respective boo
u;sl q set forth =. said schedule ex
ai'a NJ the advice and written con
nn;,,sl ii majority of the following
py;t~ .'se san to-wit: hereinafter fo
ealled the Committee of Five)
! = Renaston. Chairman
naesotoC :, Crane, all of Minneapolis
tbs h. L. Lilly Of St. pauf, Minneset.
|. Beissl,o,,