The copper era. (Clifton, Graham County, Ariz.) 1899-1911, 1903-06-18
ARTICLES OF INCORPORATION
THE GRAHAM LAND AND LIVE
STOCK CORPORATION.

Know all men 10y these presents
That we, the undersigned. l. 4. W Burtch
of Clifton, Graham County, Arizona, J. IL.
Wood and W. J. Wood of Duncan Graham
County, Arizona. have this day associated our-
selves together for;hc purpose of forming a cor
poratiou under the laws OF the Territory of
Arizona. And VIC 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 trunsactins
business shall be in the town of Clifton,
County of Graham, Territory Of Arizona.
=. That the general nature Of the business
proposed 10 be transacted j. a> fullows:-rO aC-
quire buy. lease. own, control and SCH farming
and grazing lands, water rights, buildings and
and any and all rights pertaining in amy way
thereto: to operate and lease the same TO own,
buy ana sell and in any way deal in. cattle.
horses and any kind or class of live stock; 10
own, build, lease or control and operate abba
toirS and conduct any and all business con-
nected with, or apPcrtauing in any way thereto;
to build. buy. lease. maintain and operate tclc-
phone and other electric lines. power stations
and systems TO own, control, buy and sell
stocks and bonds in lands. live stock aud nii-
ated companies or corporations.
5. That the amount of capital stock author
l<tu - pilt IluutlItil HbNNtIlI B'llllS i-t''
OoO., and the number of shares into which it is
divided is twenty thousand 10000 of par
value of Five Dollars 50 each: which may be
used for the purchase of property 10y the cor
poration, or in its operation, and said stock.
when issued shall be fun paid and nou-asscss-
able
1. 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 ArizonH, and certified copy of the same
with the Secretary Of said Territory, aud shall
terminate Mt the expiration of twenty five
years thereafter
>. That the affairs of this corporation shall
be conducted 10y a 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 andiuntil 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 ccasing to be a stakeholder in
this corporation shall cease to be director or
officer in same.
The following named ockholdcrS shall con
Stitutc the Board Of Directors of this corpora
ton until the 5th day of April, 1901 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 aud
W. J. Wood, of Duncan, Arizona.
e. That the highest amount of Indebtedness
to which this corporation shall at any time sub
icct itself is $40 600
:. That the private property Of each drcc-
tor and stakeholder in this corporation i cX-
empt from all corporate debts.
In witness whereof we have hcrcuuto set
our hands and affixed our seals This jth day Of
March, \ D., 1878.
Seal 4 W Vr-VTfft