The Arizona sentinel., 1888-12-29

We, W. K. Mcfarland, John Gandolfo and Samuel Purdy, desiring to incorporate ourselves under the provisions of the laws of the Territory of Arizona, and especially of an act of the Leg islative Assembly thereof entitled An Act Concerning Corporations, approved March s, 1887, for the purpose of engaging in the business and enterprise hereinafter mentioned, do make, subscribe and ac- knowledge in triplicate these Articles of Incorporation.
 ARTICLE I.
 The name of this incorporation and by which it shall be hereafter known is the "Mohawk Ranch Company" and it's principal place for transacting bus mess is Mohawk Ranch, rear Mohawk section house, on the Southern Pacific Rail road, in the Count, of Yuma, Territory of Arizona
 ARTICLE II.
 The business and enterprise which this Corporation purposes to engage in sEall be to acquire by purchase, location, or in any other lawful manner, real estate, lands and all other kinds of property, real, personal or mixed, and to improve and sell the same; to borrow or loan money and receive mort gages upon lands, and to carry on the husi- ness of banking in all its branches; to buy and coll u,arcbond;se end cODduo+ nd co,-,.,, on mercantile business in all it's branches; to acquire water by location CT purchase, and to construct and maintain dams, canals, ditches, pipes and reservoirs for conducting, and distributing the same; to construct buildings and warehouses, and hold, oocapy, buy and sell the same; to con struct roads and maintain the same; to erect, operate and maintain telegraph and telephone lines; to mortgage, hypothecate or pledge any of the property of this corpo- ration; to do and transact any and all kinds of business which may be transacted by a natural person.
 ARTICLE III.
 The amount of the capital stock of this shall be Three Hundred Thous- and Dollars, $500, ,O0G) divided into Sixty Thousand O,0O0) shares, of the par value of Five (5) Dollars share, and the same shall be non -assessable, and the said capital stock shall be paid in at the time and under the conditions ordered and authorized by the Board of Directors of this corporation.
 ARTICLE ".
 The time of the commencement of this shall be the day of the filing of these Articles in the office of the County Recorder of the County of Yuma, Territory of Arizona, and shall terminate (53) Fifty years thereafter.
 ARTICLE V.
 The highest amount of indebtedness or liability, direct or contingent, to which this corporation is at any time to be subject is the sum of One Hundred and Fifty Thousand u5O, ,OOO) Dollars.
 ARTICLE VI.
 The highest amount of indebtedness or liability to which this corporation is at any time to subject itself is the sum of One Hun dred and Fifty Thousand 15A, ,OOO) Dollars.
 ARTICLE VII. The affairs of this corporation shall be con- ducted by Board of Directors com- posed of not more than five (5 persons nor less than three (3) persons, who shall be elected annually by the stockholders and shall hold office for one year and until their successors are elected a,.d qualified. The time and manner of said elec;sion shall be provided for in tae Bylaws of said Corpo- ration
 Said Directors shall be subscribers to the capital stock of said corporation, and no person shall be eligible to said office unless he be stockholder in the Corpora tion, and any person ceaseing to be a sub scriber shall cease to be Director, and hereafter if any Director shall cease to be a he shall cease to be a Director The Board of Directors of this corpora tion shall have power to establish By laws and make all rules and regulations necessary for the management of the affairs of this corporation and the officers thereof. The following named persons, who are subscribers to the capital stock of this shall constitute its Board of Directors for the first three mt nths follow ng and immediately after the day of the fling of these Articles in the office of the County Recorder of the County of Yuma, Territory Of Arizona, and until their sue ,essors are duly elected and qualified, to- wit: Samuel Knox, w. K. Mcfarland md Samuel Purdy.
 ARTICLE VIII.
 The stockholders and their private prop ,rty shall be exempt from the corporate lebts of this corporation.
 IN WITNESS WHEREOF, We have lereunto set our hands and seals this I5sh lay of December, A. D. 1885, Executed n triplicate.
 W. K. MCFARLAND. [sEALl
 JOHN GANDOLFO, [SEALl
 SAMUEL PURpY. TsEAL1
 1HesaH1sF coa1sy of GF Yama, anl1oSA' ss. Before me, E, B. Wagy, Notary Public n and for the County of Yuma, Territory of