Exhibit 3(i)
ID#1648600
#437357 File #11620C
North Dakota Cooperative Association Fee: $20.00
ARTICLES OF AMENDMENT
TO THE
ARTICLES OF INCORPORATION
OF
MINN-DAK FARMERS COOPERATIVE
Pursuant to the provisions of Chapter 10-15 of the North Dakota Century
Code, the undersigned Association adopts the following Articles of Amendment to
its Articles of Incorporation:
ARTICLE 1. The name of the cooperative association is Minn-Dak Farmers
Cooperative.
ARTICLE 2. The following amendment of the Articles of Incorporation was
adopted by the members of the cooperative on December 5, 1995 in the manner
prescribed by Chapter 10-15, North Dakota Century Code:
ARTICLE 5. The number and par value of each authorized
class of stock are as follows:
The capital stock of the association shall consist of 300,600
shares divided into
a) 600 shares of common voting membership stock of a
par value of $250.00 per share.
b) 100,000 shares of Class A non-voting non-dividend
bearing preferred stock of a par value of $105.00
per share.
c) 100,000 shares of Class B non-voting non-dividend
bearing preferred stock of a par value of $75.00 per
share.
d) 100,000 shares of Class C non-voting non-dividend
bearing preferred stock of a par value of $76.00 per
share.
ARTICLE 3. The total number of membership shares of the cooperative
outstanding at the time of such adoption was three hundred forty-eight (348) and
the number of membership shares entitled to vote thereon was three hundred
forty-eight (348).
ARTICLE 4. The designation and number of outstanding shares of each
class entitled to vote thereon as a class are as follows: three hundred
forty-eight (348) shares of common stock, each share entitled to one (1) vote
were outstanding at the time of adoption.
ARTICLE 5. The number of shares voting for such amendment was one
hundred thirty-eight (138); and the number of shares voting against such
amendment was None.
Dated this 6th day of December, 1995.
MINN-DAK FARMERS COOPERATIVE
By /s/ Victor Krabbenhoft
-----------------------
Chairman
and /s/ Paul Summer
-----------------------
Secretary
VERIFICATION
Paul Summer, being first duly sworn says that he is the Secretary of the Board
of Directors of Minn-Dak Farmers Cooperative and that he has read the foregoing
application and knows the contents thereof, and verily believes the statements
made therein to be true.
/s/ Paul Summer
---------------------------------
Subscribed and sworn to before me this 6th day of December, 1995.
/s/ Simone M. Sandberg
--------------------------------
Simone M. Sandberg,Notary Public
Richland County, North Dakota
My Commission Exp: 8/31/1997
Certificate No._____________________
Filing Date__12/28_________ 1995
/s/ Alvin A. Jaeger By_________
Secretary of State