The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1928-05-09
May 9 to May 16
CERTIFICATE OF INCORPORA-
TION
CITIZENS STATE BANK OF RED
WOOD FAILS MINNESOTA

hNOW ALL MEN b1 1dESE
PRESENTS, That we have agreed to,
and do hereby associate ourselves to-
gether as Banking Corporation, un-
der and pursuant to the provisions of
the Laws of the State of Minnesota
governing Banks of Discount and De-
post; and to 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 Citizens State Bank of Red
wood Falls. The general nature of its
business shall be banking, receiving
deposits, buying, selling and discount
ing notes, bills and other evidences of
debt, domestic and foreign, dealing
in gold and silver bullion and foreign
coins and loaning money on real es-
tate and personal security; and the
place where the business of this cor
poration is to be carried on is Red
wood Falls, in Redwood County, Min
nesota.
SECOND
Said corporation shall commence
on the ninth day of May, A. D., 1928,
and shall continue for the period of
thirty years.
THIRD
The names and places of residence
of the incorporators, and the num-
Der of shares held by each of them
are as follows:
w. w. Klingman, ST. Paul, 80
shares.
A. V. OFT, Marshall, MINI, 40
shares.
J. A. Hartigan, st. Paul, Mimi, 20
shares.
A. w. Thompson, Preston, Mimi,
10 shares.
L. R. Ewart, Redwood Falls, Mimi,
so shares.
FOURTH
The government of this corpora
ton and the management of its at
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 first
Tuesday succeeding the first Monday
hours of ten A. NJ. and eight P. NJ.
of the said day. The first Board of Di-
rectors shall consist of the following
members: w. w. Klingman, A. v.
OFT, j. A. Hartigan, H. B. Robertson,
l.. r. Ewart, 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 Twenty Thousand Dollars
fully paid in, in cash, which shall
be divided into two hundred shares of
one hundred dollars each.
The highest amount of indebted
ness or liability to which the cor
poration shall at any time be SUBJ
/. ject shall be Six Hundred Thousand
Dollars.
IN WITNESS WHEREOF, We have
hereunto set our hands and seals this
Goth day of April, A. d. 1928.
IN PRESENCE OF NAME
w. w. Klingman
r. I. hremer
Elois Bekken
A. V. OFT
E. C. Kremer
Eloise Bekken
J. A. Hartigan
E. c. Kremer
Eloise Bekken
L. R. Ewart
E. C. Kremer
f Eloise Bekken
A. w. Thompson
w. A. Boeck
Grace NJ. Ellis
State of Minnesota,
)ss.
County of Ramsey
On this Goth day of April, A. D.,
1923, before me, Notary Public, in
and for said County, personally ap-
peared w. w. Klingman, A. V. OFT,
j. A. Hartigan, L. R. Ewart, A. w.
Thompson to me known to be the per-
sons described in and who executed
the foregoing instrument, and ack-
nowledged that they each executed
the same as their free act and deed.
Helen Hunt,
(SeaD Notary Public.
Ramsey County, MINI.
My commission expires June 10,
1928.
STATE OF MINNESOTA, DEPART
MENT OF COMMERCE, BANKING
DIVISION.
/ hereby certify that the foregoing
Certificate of Incorporation and the
name CITIZENS STATE BANK OF
REDWOOD FALLS as given therein
have been this day approved by me.
Dated this 7th day of May, A. D.,
1928.
(SeaD A. J.. Veigel,
Commissioner of Banks.
State of Minnesota, Department of
State.
l hereby certify that the within in
strument was filed for record in this