Arizona silver belt., 1905-06-22
ARTICLES OF incorporation
Of the ella County Angora Goat
Company

KNOW ALL MEN BY THESE PRES
4 ryrs That we, the undersigned, for
,br purpose of forming a corporation
rr5rr the laws of the Territory of Ari-
gora. have this day voluntarily associ-
grr ourselves together, and we do
a hereby certify;
FRsT-That the names of the incor-
rorators are b. f. Gray, j. X. Bar
raffc. A. f. Kincaid, T. C.. North. H.
ID Robertson, T. A. Pascoe, n. Ii. Liv-
iTrslon, X. {. Sloan and f. Nj. Hurd.
That the name of this corporation, by
which il shall be hereafter known and
E,sirnated, is The ella County An
cora Goat Company, and its principal
II Mace of transacting business shall be
and hereby is designated as the Town
of Globe, County of ella, and Territory
of Arizona.
n SHCOND-The general nature of the
n business proposed to be transacted shall
h, and is the acquisition by purchase or
Otherwise of Angora goats, and to hold,
breed. rear and care for the same; TO
Slaughter. shear and sell the flesh or
rrof said goats at such places and in
su.h manner as may be consistent with
fN. laws of the Territory of Arizona,
and for this purpose to purchase, or
erect. or lease, all necessary buildings
and appliances as may be necessary or
Convenient; to acquire by purchase, To-
cation, lease, or appropriation, and
hereafter own and hold any and all
lands and water or water rights deemed
necessary or convenient for the purpose
r. ranging. herding, Shearing, slaugh-
tarng and raising goats, with power
thereafter to rent, lease, sell or other
wise dispose of all or any part thereof;
fn borrow money and issue notes, mort
rarrs, or other forms of security for
The payment thereof up TO the limit of
liability herein allowed, secured by any
property owned by this corporation, and
I'm General to do and perform any and
al acts and things necessary and con
ygn.ent to be done in and about the bust .
ness hereinabOve mentioned and set
forth.
The board of directors of this corpor-
alton. or those acting for it and under
lbs supervision and control, are hereby
expressly given the right and authority
without having been heretofore pV-
uressIy authorized by the stockholders
herein To sell and dispose of any and
al. the goats or any product thereof
owned by this corporation, provided
such sale and disposition shall be made
un of the business for which this cor
poration is organized.
THRD-The amount of the capital
stock of this corporation is Fifty Thou
sand ESQ, 10000 Dollars and said cap
ita' stock is 10 be divided into fifty
thousand shares Of the par value of One
Dollar each share; each of the incorpo-
rators herein is the owner of one share
of the capital stock, for each Of which
shares so owned the sum of one dollar
has been paid into the treasury of this
corporation. The remaining shares of
stock shall be issued at a price not less
than the par value thereof. to be paid
Ur the purchaser in cash, at the time
of issuance, or in the equivalent there
of IN property, and for this purpose the
board Of directors of this corporation
shall be and hereby are given the pow
rr and authority of appraising the
value Uf such property as may be eX-
changed for stock to be so issued there
for All shares of stock so issued in
accordance with these articles of incor-
U0rati0n shall be fully paid up and
thereafter be forever worcestershire.
FOURTH time of commencement
Of this corporation shall be the date of
the filing of a certified copy Of these
articles in the Office Of the Territorial
Auditor of Arizona: provided, that the
original Of such certified copy shall
have been first filed in the office of the
County Recorder Of ella County, Ter
rr.0ry Of Arizona, and the termination
Of its existence shall be twenty-five
years thereafter.
FIFTH-The affairs Of this corpora
ton shall be conducted by board, con-
s0sIlUg Of five directors, each of whom
shall be a stakeholder herein. Such
board Of directors shall be elected at
each annual meeting of stockholders,
which meeting shall be held annually at
the Town of Globe, County of ella, and
Territory Of Arizona, on the first Mon
day Of June of each year hereafter,
commencing with the year 1906. Until
such first meeting shall have been held
0n the first Monday of June, 1906, T.
A. Pascoe, K. c. Sloan, J. K. Barnette,
A. T. Kincaid and B. F. Gray shall con
stItIte the board of directors, which
board and its successors shall at any
regular or special meeting thereof called
for such purpose, choose from among
the members composing the same,
president, vice president, a secretary
and a treasurer: said board shall have
... I''"Ni W illl ill FeaNclAiNiIof anu tiit .
officers Of said board, and said board,
shall have and are hereby given the
power and authority to do and perform
any and all acts and things which, as
such officers, they may legally do or
perform, or cause to be done or per-
formed, under the laws of the Terri
tory Of Arizona.
SIXTH The highest amount of in
dehtedness 10 which this corporation
SHALL at any time subject itself shall be
the sum Of Five Thousand Dollars. s
SEVENTH The private property of {
s.oclholders in this corporation shall be
and Is hereby declared TO be exempt
from liability for corporate debts. {
IN WITNESS WHEREOF, the incorpo- (
raIoS above named have hereunto set |
their hands this twenty-sixth day of {
May AID. 1905.
b. F. GRAY
J. II. BARNETTE s