The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1937-07-29
July % 20
Certificate of Incorporation
of
THE STATE BANK
of Redwood Falls


PRESENTS, That we have agreed to.
and do hereby associate ourselves to-
gether as a Banking Corporation,
under and pursuant to the provisions
or the Laws of the State of Mime
sofa governing Banks of Discount and
Deposit; and to that end we do here
by execute under our hands and seals
the following Certificate of Incorpor-
alton, to-wit:
The name of this corporation shall
De The State Bank of Redwood Falls.
shall be banking, receiving deposits,
buying, selling and discounting notes.
bills and other evidences of debt,
domestic and foreign, dealing in gold
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 Redwood
Falls in Redwood County, Minnesota.
SECOND.
Said corporation shall commence on
the Ninth day Of August A. D. 1887,
and shall continue for the period of
The names and places of residence
of the incorporators, and the number
of shares held by each of them are
as follows:
Name Postoffice No. Shares
Frank Kircher, Olivia, Minnesota, l25
us
Faye Kircher, Olivia, Minnesota, 10
FOURTH.
The government of this corporation
and the management of it's affairs
shall be vested in board of not less
than three nor more than seven Di-
ha hn oil cd
regular annual meeting Of the stock
holders to be held on the first Thurs
day succeeding the first Monday of
January Of each year between the
of the said day. The first Board of
Directors shall consist of the follow
ing members:
Frank Kircher, Olivia, Minnesota
George Kircher, Olivia, Minnesota
who shall hold office until the first
annual meeting, and until their sue
cessors are elected and qualified.
FIFTH.
The amount of the capital stock
shall be Twenty-Five Thousand DOL
lars lars fully paid in, in cash, which
and fifty shares of one hundred dol
lars each.
The highest amount of indebted
ness or liability to which the corpora
ton shall at any time be subject
shall be Seven Hundred and Fifty
Thousand Dollars.
IN WITNESS WHEREOF, We have
hereunto set our hands and seals
this 14th day Of July A. D. 1887.
In Presence OF Name
1.-TWO witnesses to
each signature
other than Incorporators)
GEORGE KIRCHER
H. w. Schroer
E. H. Lund
FAYE KIRCHER
E. H. Lund
FRANK KIRCHER
H. w. Schroer
E. H. Lund
State of Minnesota, County of Rem
vile, IS.
On this 14th day of July A D. 1887,
before me, a Notary Public in and
for said County, personally appeared
George kircher, Faye kircher. and
Frank Kircher to me known to be
the persons described in and who ex-
ecuted the foregoing instrument, and
acknowledge that they each executed
the same as their free act and deed.
(SeaD GEO. H. JACOBSON,
Notary Public, Renville Co, MINI.
My commission expires July %,
1912
State of Minnesota, Department of
Commerce, Banking Division.
1 hereby certify that the foregoing
Certificate of Incorporation and the
name The State Bank of Redwood
Falls as given therein have been this
day approved by me.
Dated this 10Th day of July A. D.
1887
(SeaD ROB'T. D. BERRY.
Commissioner of Banks.
127O35
State of Minnesota, Department of
State.
I hereby certify that the within in
strument was filed for record in this
office on the 10 day of July A D.
1887 at 9:45 o'clock A. M. and was
duly recorded in Book 8 of State
Bank Records, on page lao.
MIKE HOLM,
Secretary of State.
Office of Register of Deeds, County
of Redwood, MINI.
I hereby certify that the within in
strument was filed in this office for
record on the 10 day of July A. D.
1887 at 400 o'clock P. NJ. and was
duly recorded in Book 35 of Miscl.,
page Ala.
E. H. BOLLUM,
Ats Register of Deeds.