Arizona republican., 1905-11-09
ARTICLES OF INCORPORATION Of the Abigail Bugbee Angora Goat
 Company.

KNOW ALL MEN BY THESE PRES ENTS: That we, the undersigned, have this day associated ourselves together for the purpose of forming a corpora tion under the laws of the territory of Arizona, and for that purpose do adopt the following charter:
 ARTICLE I.
 The name of the corporation shall be the Abigail Bugbee Angora Goat Com pany.
 The names of the incorporators are Milton l.. Bugbee and Abigail B. Bugbee of Graham county, Arizona, and Herman A. Hoover. of Cooney, Socorro county,
 ARTICLE III.
 The principal place for the transaction of the business of said corporation shali be at Phoenix. Maricopa county, Ari Zona, with a branch office at Webster Springs ranch, in the county of Gra- ham, Arizona. and the corporation may have such other branch offices either within or without Arizona as may be established by the board of directors. at any of which offices stockholders and directors meetings may be held, the books of the company kept and any and all business transacted.
 ARTICLE ".
 The amount of the capital stock of this corporation shall be three hundred thousand dollars. divided into thirty thousand shares of the par value of ten dollars each, and said capital stock shall be paid for at the date of issuance, or at such time as the board of directors may
 
 any other valuable right or thing. and the judgment of the board of directors as to the value thereof shall be conclu- Sive.
 The general nature of the business in which. this corporation shall engage is as follows:
 l. To engage in, conduct and carry on general livestock and ranching busi- ness in all it's branches, owning all build ings, stables, corrals, store and ware houses necessary ness of the corporation, and to this end engage in and carry on any and all com mercial business; to acquire. buy. hold. own. sell, lease, mortgage. pledge and otherwise deal in and dispose of goats. sheep, cattle, horses. swine, and all other kinds and descriptions of livestock. lease. mortgage. pledge. dispose Of and otherwise deal in real estate and per every kind and description @ n' whatsoeVer srsW or $. To take acquire, purchase own, ap- propriate, develop. sell, and lease water and furnish water for livestock of every every description. and for irrigation, domestic and all other useful purposes to which construct and maintain reservoirs, dams, canals. ditches, fumes, pipe and pipe lines; and all other appliances necessary for the catchment, diversion, storage and distribution of water.
 4. To engage in. conduct and carry on a general cooperative livestock business anu lO pasture. care TOT, manage and pay taxes and all other expenses incl dental to the breeding care and man agement of all kinds of live stock, upon Cooperative sharing basis.
 }. To engage in and carry on a gen. eral commission, warehouse and storage business. and to buy. sell and otherwise products therefrom. such as mohair. wool and hides, on commission.
 6. To enter into and carry out any contracts for furthering the objects of this corporation. with individuals, firms, corporations, or the government of the United States: and to lend and advance all kinds of securities: to borrow raise and secure money with which to enlarge or carry on the business of the corpora tion, as may be deemed expedient: to issue debenture bonds, or bonds secured by mortgage upon the stock. property or franchises of the corporat'on: and to hold: own. sell and deal in the capital stock. bonds, secureties and evidences of indebtedness of other corporations and to act as financial commercial and gen eral agent for persons, firms. associa- tions and corporations: and generally to do and engage in any and all kinds of business that a natural person might or in any part of the world.
 ARTICLE VI
 The affairs of this corporation shall be three nor more than nine directors who shall he elected on the first day of May of each year as the bylaws shall pro tut- anu uLlll lHS IlTSI annual election of directors. the ineorporators herein shall constitute the board of directors The board of directors may prescribe, in said bylaws, the number of directors necessary to constitute a quorum of the board, which number may be less than the majority of the whole number of directors, and said bylaws may be amended. altered, chaneed or repealed, upon resolution. in writing, signed hy the, holders of a majority of the sub scribed capital etook If the corporation
 ARTICLE VII.
 The highest amount of liability that this corporation shall subject itself at any time shall not exceed one hundred and fifty thousand dollars.