The copper era., 1903-06-11
ARTICLES OF INCORPORATION
OF
THE GRAHAM LAND AND LIVE
STOCK CORPORATION.

hAAioN ana A4NAl ~ NtlN>N fitStAAAc
That we, the undersigned L. A. W. Burtch
of Clifton, Graham County, Arizona, J. II.
Wood and W. J. Wood of Duncan. Graham
County, Arizona, have this day associated our
selves together for the purpose of forming n
poration under the laws of the Territory of
Arizona. And We do hereby certify and de
clare
!. That the name Of this corporation shall
be The Graham Land and Live Stock Corpora
ton. and its principal place of transacting
business shall bc in the town of Clifton,
County of Graham. Territory of Arizona.
>. That the general nature of the business
proposed 10 be Transacted is a. follows:-To ac-
quire. buy. lease. own, control and sell farming
and grazing lands, water rights. buildings and
and any and all rights pertaining in any way
thereto: to operate and lease the same; TO own,
buy and sell. and in any way deal in, cattle
horses and any kind or class of live stock: to
own, build, lease control and operate abba
toirs and conduct any and all business con
nected with, or appertaining in any way thereto
to build. buy, lease. maintain and operate tele-
phone and other electric lines. power stations
and systems: To own. control buy and sell
stocks and bonds in lands. live stock and afiili
ated companies or corporations.
3 That the amount of capital stock author
lied is One Hundred Thousand Dollars CslOo-
900, and the number of shares into which it is
divided is twenty thousand 100000 Of par
value of Five Dollars 50 each: which NAV be
used for the purchase of property by the cor
porution, in its operation, and said stock,
when issued, shall be full paid and nOn-asscSs-
able
4. That the time Of commencement OF said
corporation shall bc on the day of filing of
these Articles of incorporation with the County
Recorder in and for Graham County. Territory
of Arizona, and certified copy of the same
with the Secretary of said Territory. and shall
terminate at the expiration of twenty-five
years thereafter.
;. That the affairs of this corporation shall
be conducted 10y Il Board of Directors consist
ing of three of the stockholders who shall be
elected annually by the stockholders on the
5th day of April of each year. Said Directors
shall hold their Office for the term Of one year
from the date of their election and,until their
successors shall have been duly elected and
qualified unless they shall in the meantime
cease TO be stockholders in this corporation.
and any person ceasing TO be a stakeholder in
this corporation shall cease to be director or
officer in same.
The following named stockholders shall con-
stitutc the Board of Directors Of this corpora
ton until the 5th day of April, 1904, and until
their successors shall have been duly elected
and qualify, to wit
L. \. W. Burtch of Clifton. Arizona,
j. II. Wood, of Duncan, Arizona and
W. J. Wood, of Duncan, Arizona
e. That the highest amount of Indebtedness
to which this corporation shall at any time sub
ject itself is $40 900.
:. That the private property Of each direc-
tor and stakeholder in this corporation is cx-
cmpt from all corporate debts.
In witness whereof, We have hercunto set
our hands and affx our seals this 5th day of
March, \. D., 1903
Seal L A. W. BURTCu
i II Vppn