Arizona silver belt. [volume] (Globe City, Pinal County, Ariz.) 1878-19??, 1905-07-06
ARTICLES OF incorporation
NJ the ella County Angora Goat
Company

U have this day voluntarily associ.
. .,sJ ourselves together, and we dc
Ssrrby certify:
"'FEI Igsr- ThSe~;he names of the incor.
..,r,fnrs are Il. f. Gray, j. X. Bar.
p,tfe A. +. Kincaid, T. c. North, II,
IN Robertson, I. A. Pascoe, n. Ii. Liv.
SS,s,on. II. c. Sloan and +. NJ Hurd
mai the name of this corporation, by
.L;,h IL shall be hereafter known anC
gsigrated. is The Uila County An
ora UOat Company, and its principal
ss.rr of transacting business shall be
,r5 hereby is designated as the Town
o. G1obe. County Of ella, and Territory
OF Arizona .r, $500,
busintss proposed to be transacted shall
he and is the acquisition by purchase OF
orberwise Of Angora goats, and to hold,
5r,aF rear and care for the same; TO
sgnrnter. shear and sell the flesh or
bairof said goats at such places and in
sTrh manner as may be consistent with
tEr laws of the Territory of Arizona,
and for this purpose to purchase, or
srerf 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-
frrinr and raising goats, with power
thereafter to rent, lease, sell or other
wise dispose of all or any part thereof;
On borrow money and issue notes, mort
cages. or other forms of security for
fbT pavment thereof up to the limit of
liability herein allowed, secured by any
nrnDertv owned by this corporation, and
IN general to do and perform any and
an acts and things necessary and con
renient to be done in and aboat the bust
ness hereiuabove mentioned and set
forth.
The board of directors of this corpor-
alton. or those acting for it and under
lis supervision and control, are hereby
EXPRESSLY given the right and authority
without having been heretofore eX-
nrrsslv authorized by the stockholders
herein. TO sell and dispose of any and
AN the goats or any product thereof
owned bv 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
pOratOn is organized.
THRp-The amount of the capital
stock Of this corporation is Fifty Thou
sand 1850, 600 OO) Dollars and said cap
rtaI stock is to 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
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 50 issued there
for. All shares Of stock so issued in
accordance with these articles of incOr-
p0rayion shall be fully paid up and
thereafter be forever worcestershire.
FOURTH The 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
ritory 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-
sIStiDg 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, X. c. Sloan, J. r. Barnette,
A. F. kincaid and B. f. Gray shall con-
sttute the board Of directors, which
board and its successors shall at any
regular or special meeting thereof called
Tor such purpose, choose from among
WIN 'N"NIbtl9 composing tic SAINT, a
president, vice president, a secretary
and a treasurer; said board shall have
NE power to fiji 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.
SNTH-The highest amount of in
oeoJe1ness to which this corporation
sihaII al any time subject itself shall be
'he sum Of Five Thousand Dollars.
SEVENTH The private property of
al'cahodors in this corporation shall be
ana Is hereby declared to be exempt
from liability for corporate debts.
IN WITNESS WHEREOF, the incorpo-
.aJors above named have hereunto set
wIer hands this twenty-sixth day of
May, AID. 1905.
b. f. GRAY
j. r. BARNETTE
A. F. KINCAID
T. c. NORTH
II. Q. ROBERTSON
T. A. PASCoE
N II LIVINGSTON