The Arizona champion., 1889-04-27
Articles Of Incorporation
Or TIE FLAGSTAFF RIDING AND
 DRIVING PARK ASSOCIATION.

Xuo7O .4X .K-u bp 7hees Taesyut..
 That WE. the unier5ignel hrve r'.i, day voluntarily associated ourselves tp> gether for fhe purpose of forming c0r> porati On undeE he lays cf the Teruto:y of Arizona and we hereby certify:
 Fijyt. ] ha, the nam.S Of the c0rnorl~ tors are Ralph II. Cameron TlrGc4 4 Vail George Prime, Frank E. Foa!aF asesr James NJ. simpson .--
 The nan,e, of sail corporatior sS the the "F lag,tlIf Riding and Dfivi"g Par; Association" and the principal pltce ol business is at Flagstaff, Yavapai cJuaty, Arizona.
 > SteoHa. Thatthe purposes for wh;c' the said corporation is formed are to, caA> struct, fence and maintain . liG4ng an- drivlng park and race. track wi,h the pr per appurtenances thereto beinng!as and appurtalning to hold meetings there on for racing, trotting and similar put poses; to offer prizes for trials of speed, and to 5o any and all acts and things con nected with such aforesaid purposes-
 zAird That the amount of tl1e caPi~ tai stock sh Il be Two Thousand Dollars 2,ooo1 divided into Ave. Handaed (2oo} shares of Ten Io} ac:fars ea2h, par value, Fifty (5ol shares to be pad in on or before the Fifteenth (I5thl day of april, A. D- I88e, aa,s One Hundred and Fifty (f5o) shares 70 remain Tn the hands oi the Boagd of directors of said corporation, to be disposed oi ay them for cash at no. less than the par vaus thereof foz the purposes and benefit Of the sad corporation, at such times and n such amounts as my herelrfter be de termned upon by sad board Of directors. FoMlf. Ina the time of the com mencemrnt of said corporation is tae Tenth (Iolh) day of April, A. D. 1880 and the terml nation on tine Tenth (Ioth) day ot April, A. D. 1914, being term ol Twenty Five. (25) yeags.
 FLfA. That the affairs Of Ike corpora, ton snall be conducte,i by c Board cf Di- reclors of five shar hClders wh, shl elect iro'l theIr number a President an1 Secretary, a' from theIr number. or any ot the shareholders, a gIce President and lreasurer g. q General Manarer the sad DTectors to be eltcteI by the share holdeFs on the Tenth (Ioth day of April. A. D. IES9, and upon said day in each ensuing year. Ter the terG.. Of one year EeM succeeding, and at such elections each shar eholder shall be entitled 10 cast, one Nole Tor each share ol stock held Ey him In said cyrp ration, and within ten days after the said election, the said board OI Directors are to choose the President, Vice President, Secretary and Treasurer and General Manager, as above provided.
 .oiaH' hat the highest amount of in> oSI'eahess or liability shall not exceed; my per cent of the capital stock.
 Sefe"IA, That private property shall De exempt from corporation debts.
 in Witness Whereof we have hereInto set our hands this Fifth day of April, A. D I669.
 RALPH II. CAMERON.
 GEO. PRIME.
 J.. 4. VAIL.
 F E. FOSTER,
 ]. Nj. SIMPSON. TERRITORY og ARIZONA.
 County oi Eavapai
 DS4p4C uIS' Oath-+S odFs-ES, | -Notdly PaGlic Tn aad !or the said Eayapli soun y,on this day personally appeared Ralph l.. Cameron, George PrIne, 2mes A. Vail; Frank E, Foster ant. James M. Simpson, known to me to be the persons whose names are subscribed to the fore going instrument and acknowledged to me that, they executed the same for the purposes and con sIdrrdlIOu thereln eX pressed. GIv n under my hand and seal Of oaicl ! O this t-lIp day ol Aprll, A. D i t-~' ]. c. SAvAas,
 1>ogary fnhiic.