The Arizona sentinel., 1900-07-25
ARTICLES OF INCORPORATION
of the
SACRAMENTO LAND COMPANY.


 pose of forming, and we do hereby form, a corporation under the laws of the Territory of Arizona.
 And we hereby certify and declare, by these articles of incorpOratiOn:-
 Article I. The names of the incorpOrators of this corporation are D. A. Lindley, Leila L.. Wetherbee and Helen Lindley, and the places where this corporation will have its principaI places of transacting business are the village PalOmas, in the county of Yuma, Territory of Arizona, and the city of Sacramento, in the county of Sacramento, in the state of Cali fernia And the name of the corporation shall be and is Sacramento Land Company"
 Article H. The general nature of the busi- ness to be transacted by this corporation, and the purposes for which it is organized, are to buy, own, lease, hold, improve, mortgage, manage, cultivate and sell land and real estate and interests therein in the Territory of Arizona and elsewhere; to borrow and lend money and to give and take security for loans; U insure property; to collect rents; to act as agents of others in leasing, mortgaging, rent ing, purchasing, improving and selling Ireal estate, ditChes, canals and other property; to purchase, hold, own, sell, abd hypothecate stocks and bonds of other corporations; and to do all other things necessary or incidental to Che successful carrying on of any of the pur poses and objects above named
 Article III. The amount of the capital stock of this corporation shall be twenty-five thou sand dollars C$l5 OOO.O0) divided into two hun dred and fifty (25O) shares of the par value Of one hundred collars ($l0O) eacn, and certif- cates the refor shall be issued payable by sup scription and purchase, or for property con veyed or assigned to the corporation, or for services rendered the corpCration as may be approved or ordered by the by laws or by olution of the Board of Directors.
 Article ". The corporate existence of this company shall commence on the day of the filing of these articles O. incorporation in the office of the county recorder of the county of Yuma, in the Territory uf Arizona, ana shall continue for period Of twenty-five (25) years.
 Article V. Said corporation shall not be indebted at any one time in higher or greater sun than twenty-five thousand dol lars ($25,OOO.OU).
 Article VI. The corporate powers of said corporation and the conduct ot the affairs and business thereof shall be vested in board of three directors, one of whom shall be presi- dent and one vice-president. The first Board of Directors shall consist of D. A. Lndley, Leila L. Wetherbee and Heller Lindley, who shall hold office until the first annual meeting of stockholders, and until their successors are elected and qualified. The regular annual meeting of stockholders for the election of di- rectors and other business shall be held on the last Thursday in March in each year at Pa tomas, Yuma county, Arizona. The Board of directors must elecR president, vice-presi- dent, treasurer and secretary; but until the first annual election of directors the off cers of this corporation shall be: President, D. A. Lindley; vice-president, Leila Wether- bee; secretary, Mary L. Hunt. All the direc tors must be stockholders of the corporation in orc CT to be eligible to election, and if a di- rector shall cease to be d stockholder his office may be declared vacant by the Board of Di- rcetors.
 Article VII The private property of the stockholders ana officers of this corporation shall be exempt from all liability for debts of the corporation.
 Article VIII. The Board of Directors of this corporation shall have power to establish, make, amend, change and repeal bylaws, sub- ject to the approval of the holders of a major ity of the capital stock, and to make rules and regulations for the conduct and management or the corporate business and affairs not in- consistent with the statutes or laws ot Arizona Territory. They snail have power to levy as- sessments upon the capital stock for the pur- pose of paying indebtedness or carrying on the business of the incorporation, and all such as- sessments shall constitute liens upon the stock and such liens shall be enfol ced or foreclosed as may be prescribed in the bylaws.
 In witness whereof we hereunto set our hands and seals this 4th cay of June, A. D. 1900.
 [Seall b. A LINDLEY,
 (Seal] LEILA L. WETHERBEE,
 [Seall HELEN LINDLEY.
 STATE OF CALIFORNIA