The Coconino sun., 1903-08-15
ARTICLES OF INCORPORATION
sRANDcANY0N TRANSPORTATION
 COMPANY.

KNOW ALL MEN BY THESE PRESENTS: That we, E. 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 2 Title XIII, of the Re- vised Statutes of Arizona of t90i, 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 "GRAND CANYON TRANSPORTATION COMPANY"
 ARTICLE II.
 The principal place of the transaction of the business of this corporation, and whsre its prin- cipal ofice 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 1t, are us follows. to-wit: 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 all 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 hntAI and rncfu mt ff, htnu nd deal ln 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 ".
 The capital stock of this corporation shall be Ten Thousand Dollars (el0000O0), divided into One Thousand (i,000) shares of the par value of Ten Dollars (si0.00) 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 in 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
 
 upon stockholders of this corporation and all others dealing with 1t.
 ARTICLE V.
 The capital stock of this corporation, when issued, shall be forever non-assessable.
 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.50u.00).
 ARTICLE VII.
 The time from which this corporation shall endure shall be Twenty-Five (s5) years from, and after date of filing these Articles of Incorpora- tion for record iu the oficc 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 i've (5) stockholders, majority of whom shall consti- ute Quorm for the transaction of business; such directors shall hold of1ce for one CD year, and and until their successors are elected and qualified. The Board of Directors shall be elected annually at regular meeting of the stockholders, which meeting shall be held on the third Saturday in June in each year, except