Arizona republican., 1903-02-18
ARTICLES OF INCORPORATION
 OF THE CHOCTAW IMPROVEMENT COM
 PANY.

| That the undersigned have thlS day as sociated themselves together for the purpose of forming a corporation un- der the laws of the Territory of Ari- zo1a.
 Art. 1.
 The incorporators of this company shall be: R. K. Kelley, A. W. Stubbs, W. J. Nelson and l.. C. Lee.
 Art 9
 The name of this corporation shall Do The ChoctaW Improvement Company" and it's principal place of business ir Arizona shall be Phoenix, Maricopa be Atoka. Indian Territory. with q branch office at Kansas City. Mo-. where the Board of Directors may meet and transact business. The offices an places of business may be changed at any time, by order of the Board of Di- frectors. at regular or called meeting.
 Art. 3.
 The purposes for which this corpo- ration is formed are as follows, to-wit:
 1st. To engage in a general real estate, loan. collection and immigra- tion business in the Choctaw an.l Chickasaw Nations, Indian Territory
 2nd. To aid and assist certain help less members of said tribes Of Indians in securing their rights under the law
 Sd. To engage in mining, muing stock raising and farming.
 4th. To engage in the above named and other lines of legitimate business connected with purposes of this corpo- ration the same as q natural person might or could do.
 Art. 1.
 The capital stock of this corporation shall be One Million (s1, ,O00. .O0O) Dollars; divided into ten thousand shares or one hundred dollars each, said shares to be fully paid up and assessable. such capital seek, CT any part thereof. may he issued in payment for property rights or interests of any kind or na- ture purchased, or otherwise acquired, and sl.2l! he issued in payment the1 efor upon such terms as the Board of Di- rectors of the corporation shall deter mine, and as to the value of the rrop- erty, rights or interests so acquired the determination of the Board of Direct CTS shall be final and conclusive. Art. ,. The time of commencement of this corporation shall date from the fling of these Articles of Incorporation in l i ile office of the Secretary of State ot the Territory of Arizona and shall ter : r1inate twenty-five (25) years there i alter.
 Art. G. The management and control of the business property and affairs of this 7 corpora tion shall be vested in and con- ducted by Board of Directors not less than five nor more than seven. all of } whom shall be stockholders, who shall ! be elected annually. on the first Mon : day of each year. by the stockholders , The following named shall constitute the Board of Directors the first year or until the regular election in January 1904. to-wit: R. K. Kelly, A. w , Stubbs. w. J. Nelson, Chester Howe $ and L. C. Lee.
 ? Art. :. The officers of the corporatio shai $ consist of d President. Vice President Secretary. Treasurer and General Man ager. who shall be elected by the Boar6 | of Directors annually and shall hold l their offiC as until their successors are s elected and qualified. unless removed . by the Board.
 - The Directors shall have the right tC . fill any vacancy caused by death. res ignation or removal. in the officers ol S on the Board of Directors. the persons . so elected to hold office the same as i elected a q regular stockholders meet I ing.
 s Art. S.
 The Board of Directors may, by :. unanimous vote. designate two or nor. | of it's members to constitute an execu :. tive committee. with full power t, : transact business for the whole Boar, cn any given measure, provided for il = the resolution appointing said executiv - committee.
 = The private property of the officers s Directors and stockholders of this cor : pora ton shal! not be liable for the debt ? of the corporation. however incurred
 The highest amount of indebtedness O # liability tc which this corporation shal n be subject shall not exceed $500. GOO. 0C s Art. 10.
 The meetings of the stockholders O Q this cooperation shall be held at th $ principal place of business of the cor
 poration on the first Monday of eac D year. beginning with 1904. l1 Art. II. D The stockholders and Directors ma D adoTt such rules. regulations and by
 laws for the government of the corpo
 ration and the future conduct of it
 
 1- inconsistent with the laws of the Unit d ed States, the Territory of Arizona, c Il, the States or Territories in which it l. business may be transacted. 3. Art. r. ). The stockholders, when unable to l .- present, may vote by proxy at an 'e stockholders meeting. upon any and d Ie questions submitted for considerable l. as though present in person, but tE le person holding such proxy shall be l. stockEolder of record in this compan
 In testimony whereof we have here 1e unto subscribed our names this St " day Of January. A. D. 19O3 iG R. K. KELLY of Mountain Park. Ok IT A. W. STUBBS of Kansas City, Kan.
 w. J. NELSON of Kansas City, Mo.
 L. C. LEE of Kansas City, Mo. c. State of Missouri
 County of Jackson.
 Before me, Wilbur F. Henry. x,
 tary Public in and for the County iH Jackson. and State of Missouri, persol ry ally appeared R. k. Kelly, \. Y