The copper era. (Clifton, Graham County, Ariz.) 1899-1911, 1903-05-21
ARTICLES OF INCORPORATION
THE GRAHAM LAND AND LIVE
STOCK CORPORATION.

/ That wc, the undersigned, L \. 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 fort the purpose of forming cor
poration under the laws Of the Territory of
/ Arizona. And We do hereby certify and de
clare.
l. That the name of this corporation shall
be The Graham Land and Live Stock Corpora
ton. and its principal place Of transnciing
/ business shall be- in the town of Clifton,
County Of Graham, Territory of Arizona.
>. That the general nature of the business
] proposed to be transacted is IL, foIows.--ro 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; 10 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 Ia
/ own, build, lease or 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 tcle-
phone ard other electric lines, power stations
and systems; to own control, buy and sell
stocks and bonds in lands. live stock and atlili-
ated companies or corporations
3 That the amount of capital stock author
lied is one Hundred Thousand Dollars 500
wv, ana lilc NUMBER Oh SiuttS mo WHICH II Is
divided is twenty thousand 10000 of a par
value of Five Dollars 50 each; which NAV be
used for the purchase of property by the cor
poration, in its operation, and said stock,
when issued shall be ful-paid and non-asscss-
able.
l. That the time of commencement of said
corporation shall be on the day of filing Of
these Articles of Incorporation with the County
Recorder in and for Graham County. Territory
of Arizona, and Il certified copy Of the same
with the Secretary Of said Territory, and shah
terminate NJ the expiration Of twenty five
years thereafter
.. That the affairs OF this corporation shall
be conducted by Board Of Directors consist
ing of three of the stockholders. who shall be
elected annually by the stockholders on the
18th 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,unti 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 ceasiug 10 be a stockholdcr in
this corporation shall cease To be Il director or
officer in same.
The following named stockholders shall con
stitutc the Board of Directors of this corpora
ton until the jth day of April, 1901 and until
their successors shall have been duly elected
and qualify. to wit
l.. \. W. Burtrh of Clifton. Arizona.
J. II. Wood. of Duncan. Arizona and
w. J. Wood, of Duncan, Arizona
6 That the highest amount of Indebtedness
to which this corporation shall at any time sub
jcct itself i $40 600.
:. That the private property of each dircc-
tor aud stakeholder in this corporation is cx-
cmpt from all corporate debts.
In witness whereof We have hercunto set
our hands and fxed our seals this SIN day Of
March. \. D., 1853
SEAL J. A W. BUErCu
SEAL J II. WooD
Seal W. !. WOOD