Graham guardian., 1901-05-03
HRTICLES CT InC0R-
F0RHTI01
Of The Taylor Cyclone Mercantile
Company.

KNOW ALL MEN BY THESE PREsE
/ That
We the undersigned, J II Taylor, 4. W. Tay.
| lOr and J, Taylor, all residing at aft rd.
| Graham County, Arizona 1errit r. and l.,
! Frazier, residing at Lampasas. Stale of Texas,
| have this day associated ourselves together for
| the purpose Of Torn ing corr Grafton uuder the
/ laws OF the Territory of Arizona ana in accord.
anCe with said laws, do hereby adopt. sign and
acknowledge these presents as its Articles of In,
corporations.
ARTICLEI
The name of this corporation is and shall be
| the Taylor Cyclone Mercantile Company, and
| Its principal place of business VIII be in the
Town Of Stafford, in Graham County, Territory
| of Arizona.
The names of the incorporators of this com.
pa y are J. Fl, TAYLOR, 4. W. TAYLOH, and
Al TAYLOR of saffoLd, Arizona and j. l..
FRAZER OF Lampasas, Texas.
ARTlCLEII,
The general nature of the business 10 be
transacted by said corporation and the object
tUI which II is formed is for the purpose of buy.
ing and selling all kinds of merchandise both
at wholesale and relail; the carrying on of q
general mercantile business; the buyinb and
selling OF hay; grain, feed, farming Implements
OF all descriptions, wagons, buggies, and mer
cnaDdise and merchanlab commodities of
whatsoever kind and character.
ARTICLE III.
The amount of the capital stock of said cor.
pOration shad bs TWENTY rnOusand Dollars
OOJU00 divided into Two Hundred shares of
the par value of One Hundred Dollars iSlUU.OU
each. fifty per centum of which shall be paid In
on OF before the date of filing these articles with
the county recorder ofsaid Graham county, and
tho remainder upon the call of the bo rd OF di-
1902.
ARTICLE ~
The corporate existence of this corporation
shall begin on the day of the filing of these
articles with laid county Recorder Of said Ora
ham County, Arizona Territory and the ter.
mutation thereof shall be twenty-five years
thereafter.
ARTICLE V
The business OF said corporation shall be con.
Quoted by Board OF touT directors who shall
be stockholders in said corporation, and shall
be elected annually by the stockholders on the
First uesdey atIer he first Monday in August
| of each ear, a. the principal place OF business
herein mentioned, notice OF the time aud place
of holding said annual Il. eetiLg and election TO
be 81 Gu as pr0vlded b! the bylaws of said cor
poration. said directors shall hold othce 7 a
term of one 4ear from the date OF their election,
| and ntil their succe sers shall be elected and
qualified
| The following named persons, being subscrib.
| eTs to the capital stuck OF said corporaLUn aud
whose names and places OF residence are as fol
| lows: J. h. TAYLOR. E W, TAYLOR, and A.
| J. TAYLOR, all residing AT the Town Of Stafford,
| in he Territory OF Arizona, and II. FhAZEK
| RESIDING at the Town OF Lam passs i'll the STATE
| ol Texas, shall constitute the Board of Directors
| OF said corporation until the first tuesday alter
| the trst Monday OF August 1901, ana uhtil thei-
| successors are elected and qualified Vacancies
| IN said Board shall be tilled by the Fema ling
/ members thereof for the unpX pired term Ior
VIII Oh the mem Der acHtiug was elected A
| majority of such members shall constitute a
| quorum and any meeting of such quorum of
| said BOArd of Directors shall be deemed a legal
| meeting and have the same authority us q iull
| 6oard The ofhcers of the corporation shall be
| a President, Vice President, o secIet ~ ana
| treasurer, and a General Manager chosen an.
| nualIy by SAID Board of rectuTs from among
| heir number and such other officers tr IN
| among the stockholders as said Board may
1eem ne essary to carry on said business The
| Board OF Directors shall have power 10 remove
| any othcec al any time aud TO till all vacaucIes
| caused by removal or otherwise. TIE follow.
| ing named persons shall constitute the officers
OF said corporation uLtll the first annual meet
ing m August, 1 OF. A, J. TAILOR. Pre-. .ident:
Il, W, TAYLOR Vice President; j. J.. FR AZEit
| oecTetaT and Treasurer, and A. J. TAYLOk,
GeGeral Manag, +, unless sooner Yaopted by
| The provisions herein contained.
ARTICLE vi.
The highest amount OF Indebtedness or liabIl.
ity TO which this corporation at any me can
become subjected or to winch II snal subject
itself is the sum OF Ten Thousand Dollars, IslO,.
O0000
ARTICLE VII
The private property of the officers and stock.
holders of said corporation shall Be exempt
IRON corporate debts thereof,
ARTICLE VIII.
The Board OF Directors Of said corporation
! shall have power to establish bylaws aud MAKE
all needful rules and regulations for, the Iian.
aqement of the affairs I said COZ pOration moi
inconsistent With the laws Ut the Omitted states
and of this Territory,
ARTICLE TX
These articles may be amended by aiority
vote of the stock at any regular meeting or az
any special meeting duly cAllSd after notice, for
adopted aud signed aud acknowledged by the
President aud Secretary Of sad corporation
shall have the same force and effect as though