The Coconino sun., 1903-08-01
ARTICLES OF INCORPORATION
eRANDcANYoM TRANSPORTATION
 COMPANY.

SOWs 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 vised Statutes of Arizona of 1901, and we hereby make. adopt. declare and publish the following Articles of Incorporation, to-wit ARTICLE The name of this corporation is and shall be "GRAND CANYON TRANSPORTATION COMPANY"
 ARTICLE H. The principal place of the transaction of the business of this corporation and where it's 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 it. are as follows. JO-WlL. ID own. COuuuCt, OpcTotc- mduhkC anu 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 . 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 0per- 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 (&i0,OO000), divided into One Thousand q ,000) shares of the par value of Ten Dollars (&i000) 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
 
 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-assesssble.
 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 (fl, ,5O000).
 ARTICLE VII.
 The time from which this corporation shall endure shall be Twenty-f five (25) years from, and after date Of filing these Articles of Incorpora- tion for record in the officc 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) stockh olders, a majority of whom shall consti- ute a auorn for the transaction of business; such directors shall hold office for one CD year. and and until their successors are elected and qualified. The Board of Directors shall be d. Al-