The Coconino sun., 1903-07-11
ARTICLES OF INCORPORATION
eRAnDcAMYoM 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 1901, and we hereby make. adopt, declare and publish the following Articles of Incorporation, to-wit: ARTICLEI
 The name of this corporation is and shall be "GRAND CANYON TRANSFORMATION COMPANY"
 ARTICLE H. The principal place of the transaction of the business of this corporation, and where it's prin- cipal once shall be located, is and shall be Efe- donia, in the County of Coconino and TerriGory l of Arizona. Branch offices may be established and the corporation may carry on business in such other places within the Territory of Ari- xona, and elsewhere, as the Board of Directors may from time to time deem necessary and expedient.
 ARTICLE TIL The purpose for which this corporation is formed and the general nature of the business proposed to be transacted by 1t, are as follows | to-wit: To own, conduct, operate, manage and carry on a general livery, feed and sale stable business; to keep saddle and driving horses and rigs and vehicles of all kinds for hire: to do Q 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 company.
 ARTICLE W.
 The capital stock of this corporation shall be Ten Thousand Dollars (si0,0000WI divided into One Thousand q .00O) shares of the par value of Ten Dollars (ei0O0) 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 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-assessable.
 ARTICLE VT
 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 Ol,50o0O).
 ARTICLE VII.
 The time from which this corporation shall endure shall be Twenty five (25) years from and tion for record in the ofiice 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 Ave (5) stockholders, majority of whom shall consti- ute Quorm for the transaction of business; such directors shall hold office for one () year, and and until their successors are elected and qualified. The Board of Directors shall be elected annually Ut a regular meeting of the stockholders 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 Directors may be filled by the remaing mem- bers or the Board. The Board of Directors is hereby authorized and empowered to make and establish bylaws for the government of the corporation, and to alter and amend the same, and to make all rules and regulations which, in their judgment, are needful or necessary for the management 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 tion.
 ARTICLE x.
 The ofiicers of the corporation shall be a President, Vice-President. Q Secretary, a Treasurer, Manager, and such other officers and agents as the Board of Directors may from time to time appoint. The President, Vice. president. Secretary, and Treasurer, shall be oloctad hv tho 7onrd of nfroctnpa io otolv