Arizona silver belt., 1905-06-08
ARTICLES OF INCORPORATION
Of the GiIa County Angora Goat
Company

KNOW ALL MEN BY THESE fkES'
ryTs That we, the undersigned, foi
Inc purpose of forming a corporation
nnder the laws of the Territory of Ari-
gona. have this day voluntarily associ.
gfed ourselves together, and we dc
hereby certify:
FIRST That the names of the incor-
,orators are Il. F. Gray, J. X. Bar
nette, A. F. Kincaid, I. c. North, II,
ID Robertson, r. A. Pascoe, N. II. Liv-
inrston, h. c. Sloan and 4. Nj. Hurd,
That the name of this corporation, by
which it shall be hereafter known and
Fesignated. is The ella County An
CORA Goat Company, and its principal
Mace of transacting business shall be
Ind hereby is designated as the Town
of Globe, County of ella, and Territory
of Arizona.
SECOND The general nature of the
Lusiness proposed to be transacted shall
be 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
hairof said goats at such places and in
such manner as may be consistent with
the 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
thereafter own and hold any and all
lands and water or water rights deemed
neces sary or convenient for the purpose
of ranging, herding, shearing. slaugh-
tering and raising goats, with power
thereafter to rent, lease, sell or other
wise dispose of all or any part thereof:
To- 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 to do and perform any and
all acts and things necessary and con
yenient 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
its supervision and control, are hereby
expressly given the right and authority
without having been heretofore eX-
pressIy authorized by the stocFho dsrs
herein, 20 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 carving
on of the business for which this corr
uoratiOn is organized.
THRD-The amount of the capital
stock Of this corporation is Fifty Thou
sand $50, 10000 Dollars and said cap
i,al stock is 10 be divided into fifty
thousand shares Of the par value of One
Dollar each share; each of the incorpo-
atOrs 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
dy 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-
poration shall be fully paid up and
thereafter be forever worcestershire.
FOURTH-Ihe 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 fled in the office of the
County Recorder of ella County, Ter
utOry Of Arizona, and the termination
of its existence shall be twenty-five
years thereafter
FIFTH The affairs Of this corpora
uon shall be conducted by a board, con-
slslng Of 1--WE 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
me 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 hrst meeting shall have been held
on me Irst Monday of June. 1906, T.
a. Iasc0e, K. G. Sloan. j. r. Barnette .
A. +. kincaid and B. F. Gray shall con ,
sdlIye the board Of directors, which .
board and its successors shall at any ,
regular or special meeting thereof called
Tor such purpose, choose from among
lae members composing the same, a
president, vice president, a secretary
ana treasurer; said board shall have
me power to fill all vacancies, and the
o,N,,er5 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
s1c9 officers, they may legally do or
perform or cause 10 be done or per- |
formed, under the laws of the Terri :
tory Of Arizona.
SATH-The highest amount of in :
UeoILedness to which this corporation !
snaD at any time subject itself shall be :
''g sum Of Five Thousand Dollars. !
SEVENTH The private property of i
a,,u9gh'h25iders in this corporation shall be /
@." Us hereby declared to be exempt
'.I.n liability for corporate debts.
IN WITNESS WHEREOF, the incorpo- !
. .g above named have hereunto set q
Wv..E hands this twenty-sixth day of /
May AID. 1905. /;
b. f. GRAY
J. K. BARNETTE
A. f. KINCAID +
7. G. NORTH 9
II. q. ROBERTSON
II pAcror I