The St. Johns herald. (St. Johns, Apache County, Arizona Territory [Ariz.]) 1885-1903, 1888-05-10
THE TERRITORY OF ARIZONA)


Be it hereby known that we, Henry
Smith, Ernest Tee and Thomas Carson,
of the County of Apache, Territory of
Arizona, with the intent and to the end
that we, and our successors, associates
and assigns hereunder may, under and
by virtue of the laws of said Territory,
become and be a body corporate, and
possess and enjoy the powers, privileges
and immunities bestowed by law upon
bodies corporate, do now make and sub
scribe these articles of incorporation,
and herein and hereby voluntarily and
mutually associate and incorporate our
selves together for the purpose of being
and becoming corporation under the
laws of said Territory.
In compliance with the several re-
quirements of the statutes of said Terri
tory in this behalf, we and each of us do,
by these articles of incorporation de-
clare:
l. That the names of the incorpora-
tors of this corporation are, Henry Smith
Ernest Tee and Thomas Carson.
II. That the name of said corporation
is the ''Twenty-Four Cattle Company of
Arizona"
III. That the principal place of bust
ness and the principal office of said cor
poration shall be at Saint Johns, Apache
County, Territory of Arizona.
". That the enterprise, business pur
suit, and occupation in which said cor
poratlon proposes and intends to be en-
gagged are, the owning, buying and sell
ing, and the raising and dealing in cat
tie and horses in the Territories of Ari-
IONA and New Mexico, and the owning,
buying and selling, and the leasing,
renting and dealing in real estate in one
or both of the said Territories.
V. That the total amount of the
capital stock of said corporation is
the sum of two hundred and ten
thousand dollars ($210,OOO) to con-
sist of shares of the face value of one
hundred dollars ($100) each. Said
capital shall be paid in at the following
times, to-wit: On the first day of JAM
uary, 1883, the total amount of the cap
ital stock, to-wit: The sum of $4,000
shall be paid in, and in the following
manner and upon the following condi-
tons; to-wit: All the assets engaged in
the cattle business of the firm of Smith,
Carson & Company shall be deemed to
be said capital sum of $210, 900, and the
members of said firm shall receive shares
of said capital stock in proportion to
their present individual interests in said
firm.
VI. That said corporation shall exist
and endure for the period of twenty-five
(25) years from and after the following
date, to-wit: January LIST, 1888.
VII. That the affairs of the said cor
poration shall be managed, controlled
and conducted by the following named
officers, thereof, to-wit: A Board of
Three Directors (but which said number
may be increased to not exceeding nine
by~the bye-laws of this corporation)
whose duty it shall be to elect such ex-
ecutive officers of this Corporation as
NAV be prescribed by its bye-laws, and
said Directors shall be elected at the
following time, in the following manner,
and their respective terms OF office, shall
be as follows, to-wit: The Directors of
this corporation shall be elected at a
general meeting of the shareholders
held on the first day of January in each
year, and shall hold Office until the 1st
day of January next succeeding.
VIII. That the highest amount of in
debtedness or liability to which said cor
poration at any time may subject itself,
and dollars {$1O0, O0O.)
N. That in no case, or at any time, |
or for any reason whatever, shall the in
dividual property or any part thereof, |
of any stakeholder, or shareholder of
said corporation be liable to any attach
ment, judgment, levy, suit, execution, /
or other process or proceeding, for or on
account OF any debt, claim, obligation, !