Arizona silver belt. [volume] (Globe City, Pinal County, Ariz.) 1878-19??, 1905-06-29
ARTICLES OF INCORPORATION
of the ella County Angora Goat
Company

Un purpose of forming a corporation
dor the laws of the Territory OF Arr
na have this day voluntarily assocl-
.fed ourselves together, ana we 90
hereby certify:
"' FrRST-That the names of the incor-
,.,,.,tors are b. f. Gray, }. X. Bar
ncrfe. A. F. Kincaid, 7. c. North, H.
TN Robertson. T. A. Pascoe, N. II. Law
,Tsrsfop. r. c. Sloan and E. Nj. Hurd,
Mat the name Of this corporation, by
..r,.b IL shall be hereafter known and
.,,nated. is The CHA County AM
.,nr9 Coat Company, and its principal
,r.,e of transacting business shall be
.r# hereby is designated rs the Town
"f Globe. County of ella, and Territory
of Arizona.
srcoND-The general nature of the
r,sspass proposed to be transacted shall
ga and is the acquisition by purchase or
,tnarwise of Angora goats, and TO hold,
..r.,d rear and care Tor the same; TO
.Lrrbter. shear and sell the flesh or
bgfrof said goats at such places and in
sm.r manner as may be consistent with
rr. laws of the Territory of Arizona,
and for this purpose TO purchase, or
.rarf or lease, all necessary buildings
and appliances as may be necessary or
convenient: to acquire 10y purchase, To-
ref.on. lease, or Appropriation, and
hereafter own and hold any and all
I.r9s and water or water rights deemed
Necessary or convenient for the purpose
,f Ranging, herding, shearing, slaugh-
farinv and raising goats, with power
hereafter to rent, lease, sell or other
Mise dispose of all or any part thereof;
md Veeffa
CAGES or other forms of security for
rTe pavment thereof up 70 the limit of
liability herein allowed, secured by any
rrnDrrtv owned by this corporation, and
In general to do and perform any and
all acts and things necessary and con-
yenient TO be done in and about the BUSH
ness hereinaboye mentioned and set
forth. go.
The board Of directors Of this corpor-
alton. or those acting for It and under
It's supervision and control are hereby
EXPRESSLY given the right and authority
without having been heretofore eX-
pressy authorized by the stockholders
herein. to sell and dispose Of any and
all the goats or any product thereof
owned by this corporation, provided
such sale and disposition shall be made
In the ordinary course Of the carrying
ON of the business for which this cor
poratiou is organized.
TWEp-The amount of the capital
stock of this corporation is Fifty Thou
sand 1850. OJO.OOl Dollars and said cap
hal stock is to be divided into fifty
thousand shares of the par value of On'
Dollar each share: each of the incorpO
rat0rs 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
by 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
er and authority of appraising the
value of such property as may be eN-
changed for stock TO be so issued there
for All shares Of stock 80 issued in
accordance with these articles Of incor-
pOratiOn shall be fully paid up and
thereafter be forever nonassessable.
FOURTH The time of commenc ement .
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
ritOry OF Arizona, and the termination .
Of its existence shall be twenty-five 4
years thereafter
FIFTH The affairs of this corpora
ton shall be conducted by board, con-
s.s.i1g Of five directors. each of whom 4
shall be a stakeholder herein. Such .
board Of directors shall be elected at I
each annual meeting of stockholders, /
which meeting shall be held annually at I
The Town Of Globe, County of ella, and .
Territory Of Arizona, on the first Mon I
day Of June Of each year hereafter, 4
commencing with the year 1906. Until I
such first meeting shall have been held /
on the first Monday of June, 1906, T. I
A. Pasc0e. r. G.. Sloan, J. r. Barnette,
A. F. Kincaid and 3. f. Gray shall con-
ItuJe the board of directors, which .
board and its successors shall at any
regular or special meeting thereof called
TOP such purpose, choose from among
lha members composing the same, a
I..a.tHlN, vice president secretary
and a treasurer: said board shall have
the power to fill all vacancies, and the
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
oa1ledngss to which this corporation
s,1al. at any time subject itself shall be
me sum Of Five Thousand Dollars.
SEVENTH The private property of
stockholders in this corporation shall be
ana Is hereby declared TO be exempt
from Liability for corporate debts.
IN WITNESS WHEREOF, the incorpo-
..Sal9's above named have herento set
,,.eF hands this twenty-siXth day of
May, AID, 1905.
b. +. GRAY
j. r. BARNETTE
A. +. K1NCAID
T. c. NORTH
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