Graham guardian., 1901-04-26
AR1IcLEE55 E55rA2}[od} nj d}nc0R-
Of The Taylor Cyclone Mercantile
Company.

KNOW ALL MEN BY THESE PREsE
That,
lor and J. Taylor, all residing at Stafford,
Graham County, Arizona Territory, and j. L,
Frazier, residing at Lampasas. State of Texas,
have this day associated ourselves together for
the purpose of forming corr Grafton under the
laws OF the Territory of Arizona, ans in accord
ance with said laws, do hereby adopt. sign and
acknowledge these presents as its Articles of In
corporations.
ARTICLE L
The name of this corporation is and shall be
the Taylor Cyclone Mercantile Company, and
its principal place of business VIII be in the
rown OF Stafford, in Graham County, Territory
of Arizona.
The names of the incorporators Of this com.
pany are J; d: TAYLOR, E. w. TAYLOR, and
A. ]. TAYLOR of Stafford, Arizona and j. l.,
FRAZER of Lampasas, Texas.
ARTICLE II.
The general nature of the business to be
transacted by said corporation and the object
for which i is formed is for the purpose of buy
ing and selling all kinds of merchandise, both
at wholesale and relail; the carrying on of
general mercantile business; the buyink and
selling OF hay: grain, feed, farming implements,
cnaDdise and merchanlable Commodities of
whatsoever kind and character.
ARTICLE Ill
The amount of the capital stock of said cor.
poration shall bJ TWent, Thousand Dollars
SO'OJUOO divided into Two Hundred shares of
each. fifty per centum of which shall be paid in
on or before the date of filing these articles with
the county recorder OF said Graham county, and
the remainder upon the call of the bo rd OF di-
rectors not later than the LIST day of January, ,
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
The business OF said corporation shall be con.
Quoted by Board of -Four directors who shall
be stockholders in said corporation, and shall
be elected annually by the stockholders on the
First Tuesday after The first Monday in August
Of each year, at the principal place OF business
herein mentioned, notice of the time and place
OF holding said annual meeting and election to
be Civ en- as provided by the bylaws Of said cor
poration. Said directors shall hold oftce f
term of ope year from the date OF their election,
and until their successors shall be elected and
qualified,
The following named persons, being subscrib-
ers to the capital stock OF said corporation and
whose names and places of residence are as fol-
lows j. ii. TAYLOR. Z. w. TAYLOR, and A.
j. TAYLOR all residing at the Town of Stafford,
in ihe Territory of Arizona, and J. l.. FRAZER
RESIDING at the Town OF Lampasas, in the State
of Texas, shall constitute the Board of Directors
Of said corporation until the first Tuesday after
the first Monday of August, 1901, and until their
successors are elected and qualified. Vacancies
in said Board shall be filled by the remaining
members thereof for the unexpired term ior
which the member vacatDg 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 legal
meeting and have the same authority as a iull
board The officers of the corporation shall be
! a President Vice President, SecIetsry and
Treasurer, and General Manager chosen an
nually by said Board of d rectors from among
their number, and such other officers from
q hnldarg
deem necessary to carry on said business. The
Board of Directors shall have power TO remove
any officer at any time and TO fill all vaca ucies
caused by removal or otherwise. The follow
ing named persons shall constitute the officers
| of said corporation until the first annual meet
| ing IN August 1,0l: A. J. TAYLOR. Pre- ,ident;
| L. W. TAYLOR. Vice President; j. l.. FP AZER
Secretary and Treasurer, and A. J. TAYLOR,
| General Manager, unless sooner vacated by
| the provisions herein contained.
ARTICLE VI.
The highest amount of Indebtedness or liabil-
| ity TO which this corporation at any time can
| become subjected or to which il shall. subject
itself is the sum OF Ten Thousand Dollars, SlO,-
| OOO.O0l.
ARTICLE VII.
The private property of the officers and stock
| holders of said corporation shall oe exempt
| from corporate debts thereof
ARTICLE VIII.
| The Board of Directors of said corporation
| shall have power to establish bylaws and make
all needful rules and regulations for the nan.
| agement of the affairs Of said col poration not
inconsistent with the laws OF the United states
and of this Territory.
| ARTICLE TX.
These articles may be amended by IN ajority
vote of the stock at any regular meeting or al
any special meeting duly called after notice, for
that purpose, and any amendment when so
| adopted and signed and acknowledged by the
| President and Secretary of said corporation
| shall have the same force and effect as though