The Coconino sun., 1903-07-25
ARTICLES OF INCORPORATION
eRANOCANY0N TRANSFORMATION
 COMPANY.

KNOW ALL MEN BY THESE PRESENTS: That we, K. D. Woolley, Thomas Chamberlain. T. c. Hoyt, J. s, Emett. and E. s. Clark have this day and do hereby associate ourselves for the purpose of forming corporation under the provisions of Chapter ?, Title XIII, of the Re- vised Statutes of Arizona of 1901. and we hereby make, adopt declare and publish the following Articles of Incorporation, to-wit:
 ARTICLE I.
 The name of this corporation is and shall be COMPANY"
 ARTICLE II.
 The principal place of the transaction of the business of this corporation, and where it's prin- cipal office shall be located is and shall be Ere donia, in the County of Coconino, and Territory of Arizona Branch offices may be established and the corporation may carry on business in such other places within the Territory of Ari- zona, and elsewhere, as the Board of Directors may from time to time deem necessary and expedient.
 ARTICLE III
 The purpose for which this corporation is formed, and the general nature of the business proposed to be transacted by it, are as follows to-wis: To own, conduct, operate, manage and carry on general livery, feed and sale stable business; to keep saddle and driving horses and rigs and vehicles of ali kinds for hire: to do a general freight, drayage and transfer business; to acquire and hold such real estate as may be necessary for the purposes of the corporation; to build. construct, own and operate toll roads, trails and ferries. and to acquire franchises therefor and collect tolls thereon; to acquire, own and sell water and water rights, for mining and other purposes, and especially for the gen. eration of electricity to be utilized and disposed of for lighting and power; to own, construct and operate hotels and restaurants; to buy, sell and deal in general merchandise; to own and oper- ate telegraph and telephone lines; and generally to do and perform all things necessary and expedient for carrying out the objects of the company.
 ARTICLE W.
 The capital stock of this corporation shall be Ten Thousand Dollars tI00O0.00), divided into One Thousand Q.000) shares of the par value of Ten Dollars 0io.0O each, which stock shall be issued at such times and upon such conditions as may be prescribed by the Board of Directors; and the Board of Directors is hereby authorized to issue any and all of said stock fully paid up and non- assessable in consideration of the payment therefor fn cash, or transfer to this corporation of property, rights, or interests of any description, or services rendered or to be rendered, and the valuation or appraisal by the Board Of Directors of any property, rights or interests so acquired, or of services rendered or to be rendered, shall be binding and conclusive upon stockholders of this corporation and all others dealing with it.
 ARTICLE V.
 The capital stock of this corporation, when issued, shall be forever non-sssessable.
 ARTICLE VI
 The highest amount of indebtedness or liabil- ity, direct or contingent, to which this corpora tion is at any time to be subject is and shall be Fifteen Hundred Dollars (fi.5oo.0O.
 ARTICLE VII.
 The time from which this corporation shall endure shall be Twenty-Five (25) years from, and after date of filing these Articles of Incorpora- tion for record in the o1icc of the County Re- corder of Coconino County, Arizona
 ARTICLE VIII.
 The business and affairs of this corporation shall be managed controlled and administered by Board of Directors consisting of five (5) majority of whom shall consti- ute quorm for the transaction of business: such directors shall hold once for one Q) year. and and until their successors are elected and qualified. The Board of Directors shall be elected annually at regular meeting of the which meeting shall be held on the third Saturday in June in each year, except as herein otherwise provided in Article XII hereof. Any vacancy occurring in the Board of DiTcctoTS may Uc uiicu uy tuc Tcmdluk uicui- bers of the Board. The Board of Directors is hereby authorized and empowered to make and establish bylaws for the government of the and to alter and amend the same, and to make all rules and regulations which, in their judgment. are needful or necessary for the of the affairs of the corporation. but no such bylaws or regulations shall be valid or binding until ratified by stockholders holding majority of the outstanding capital stock, at some regular or special meeting.
 ARTICLE K
 The private property of every stockholder in this corporation shall be forever exempt from liability for the corporate debts of the corpora tfon.
 ARTICLE X. The ofilcers of the corporation shall be a President, Vice-President. a Secretary, a Treasurer, Q Manager, and such other officers and agents as the Board of Directors may from time to time appoint The President, Vice.