Arizona silver belt., 1905-06-01
ARTICLES OF INCORPORATION
nf the ella County Angora Goat
Company

sfgd ourselves together, and we d
hereby certify:
FRST-That the names of the inco''
orators are b. f. Gray, j. K. Bar
Katie. A. f. Kincaid, T. c. North, III
O Robertson, 7. A. Pascoe, n. II. Lr5
;1oston. r. c. Sloan and +. NJ Hurd.
That the name of this corporation, by
,,birh it shall be hereafter known alC
Sasirnated, is The CHA County An.
cora Goat Company, and its principa
TIacc of transacting business shall bt
grd hereby is designated as the Tow
Sf Globe, County of ella, and Territory
of Arizona.
SFCOND-The general nature of the
brsiness proposed to be transacted shall
br and is the acquisition by purchase OF
otherwise of Angora goats, and to hold,
breed rear and care for the same; to
.Isurhter, shear and sell the flesh or
hairof said goats at such places and in
svch manner as may be consistent with
fhe 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
Of ranging, herding, shearing, slaugh-
rrring and raising goats, with power
thereafter to rent, lease, sell or other
wise dispose of all or any part thereof I:
ID borrow money and issue notes, mort
cages. 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
In general 10 do and perform any and
all acts and things necessary and con-
yanient to be done in and about the bust
ness hereinabove mentioned and set
forth.
The board of directors of this corpor-
arion. or those acting for il and under
its supervision and control, are hereby
expressly given the right and authority
without having been heretofore eX-
pressly authorized by the stockho d.rs
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
poration is organized.
THIRD-The amount of the capital
stock of this corporation is Fifty Thou
sand $50 600. 00) Dollars and said cap
itaI stock is to be divided into fifty
thousand shares of the par value of One
Dollar each share: each of the ineorpo-
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 price not less
than the par value thereof, TO be paid
bv 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 eX-
changed for stock to be so issued there
for All shares of stock so issued in
accordance with these articles of incor-
p0ration shall be fully paid up and
thereafter be forever nonassessable.
FOURTH-The time of commenc sment
Of TINS 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
rjtory 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 a board, con-
sstlng 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
on the first Monday Of June, 1906, T.
A. Pasc0e, R. c. Sloan, J. K. Barnette,
A. F. kincaid and B. F. Gray shall con
sutute the board of directors, which
board and its successors shall at any
regular or special meeting thereof called
Tor such purpose, choose from among
loe members composing the same, a
president, vice president, a secretary
ana a treasurer; said board shall have
J9e power 10 fiji all vacancies, and the
2h,er' Of said board and said board,
snail have and are hereby given the
power and authority to do and perform
any and all acts and things which, as
'lca officers, they may legally do or
perform, or cause to be done or per-
formed, under the laws of the Terri
tory Of Arizona.
SIATH-The highest amount of in
ueol,edness to which this corporation
s,'aII at any time subject itself shall be
'e sum Of Five Thousand Dollars.
SEVENTH The private property of
s.'Sehin9ders in this corporation shall be
ana an. Is hereby declared to be exempt
IRON liability for corporate debts.
IN WITNESS WHEREOF, the incorpo-
.Ia.orS above named have hereunto set
,I4er hands this twenty-sixth day of
May, AID. 1905.
b. F. GRAY
J. K. BARNETTE
A. f. KINCAID
7. c. NORTH
II. Q. ROBERTSON
T. A. PAsCoE
N. II. LIVINGSTON