The copper era. (Clifton, Graham County, Ariz.) 1899-1911, 1903-05-28
ARTICLES OF INCORPORATION
THE GRAHAM LAND AND LIVE
STOCK CORPORATION.

hilpN All men DN lilc>t llfC>cl4tN---
That we the undersigned, L 4. W. Burtch
of Clifton, Graham County. Arizona, J. H.
Wood and W. J. Wood of Duncan, Graham
| County, Arizona, have This day associated our
selves together for the purpose OF forming a 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 ana Live Stock Corpora
ton. and its principal place Of trau>actiug
business shall DE in The town OF Clifton.
County Of Graham, Territory Of Arizona.
, That the general nature of the business
proposed to be transacted is a. foiiows.-ro dt-
luire buy. lease. own, control and >ou farming
and grazing lands. water rights. buildings and
and any and all rights pertaining in amy way
thereto. TO operate and lease ,he same: To own,
buy and SELL ana in any way deal in, cattle
horses and any Kind or elias, of live stock: to
own, build. lease or control au1 operate abba
toirs and conduct any end all business con
nectcd with or appcrtaining in ANY way thereto
TO build, buy, lease. naint,ia and operate tce-
phone ard other electric lines, power stations
aud systems: to own. control, buy and sell
stocks and bonds in lands. live stock and afili-
ated companies or corporations.
3. That the amount of capital stock author
lied i One Hundred lhou,auI Dollars lSlOo-
900, and the number Of shares into when it is
divided is twenty thsisaud 10000 of par
value of Five Dollars 80 each; which may toe
used for the purchase of property 10y the cor
poration, or in its operation, and said stock,
when issued. shall be fun paid and non-a>scss-
able
/. That the time of commencement of said
corporation shall be on the day OF d,ling of
these Articles of Incorporation with the County
Recorder in and for Graham County, Territory
of Arizona, and a certified copy of the same
with the Secretary of sad Territory, aud shall
terminate at the expiration Of twenty five
years thereafter.
j. 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
9Th 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 10 be stockholders in this corporal ion.
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 9TH day of April, 1901 and until
their successors shall have been duly elected
and qualify to wit
J.. 4. ". Burtch. of Clifton Arizona
J H. Wood. of Duncan. Arizona and
". J. Wood, of Duncan, Arizona.
6. That the highest amount of indebtedness
TO which this corporation shall at any time sub
ject itself is SO 600.
:. That the private property OF each iirec-
tor and stockholder in this corporation is ex-
empt from all corporate debts