Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1905-11-07
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 corpora
| ton under the laws of the territory Of
Arizona, and for that purpose do adopt
the following charter;
| Phe name of the corporation shall be
the Abigail Bugbee Angora Goat Com
pany.
The names of the incorDorators 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 shall
be at Phoenix, Maricopa county. Ari-
iona, with a branch office at Webster
Springs ranch. in the county of Ora
ham, Arizona. and the corporation may
have such other branch offices either
within or without Arizona as may be
any of which offices stockholders and
directors meetings may be held, the
books of the company kept and any and
all business HRTTGd ed "
The amount of the capital stick CT this
corporation shall be three hundrei
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
designate. in money, property. labor. or
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 bust
ness in all its branches, owning all build
tnSs. stables, cOrrals, store and ware
houses necessary to carry on the bust
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.
2. To. acquire, buy, hold. own. sell.
otherwise deal in real estate and per-
sonal property, or interests therein, of
every kind and description whatsoever.
3. To take, acquire, purchase. own. ap-
propriate, develop, sell, and lease water
and water rights, and to store. supply
and furnish water for livestock of every
and all other useful purposes to which
water can be applied as a use; ard to
construct and maintain reservoirs, dams.
canals. bitches, 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
ana to range, pasture. care for, 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.
O.. TO engage in and carry on a gen.
eral commission, warehouse and storage
business, and to buy. sell and otherwise
deal in all classes of live stock, and all
products therefrom, such as rnohair.
6. To enter into and carry out any
contracts for furthering the objects of
this corporation. with individuals. firms
m
United States: and to lend and advance
money on real and personal property and
and secure money with which to enlarge
or carry on the business of the corpora
ton, as may be deemed expedient: to
issue debenture bonds, or bonds secured
by mortgage unOn the stock. properly or
franchises of the coronation: and to
hold. own. sell and deal in the capital
stock. bonds, securities and evidences of
indebtedness of other corporations. and
to act as financial. commercial and gen
tons and corporations; and generally 10
do and engage In any and all kinds of
business that natural person miTht or
could engage in. in the United States 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 dav of MAY
of each year as the bylaws shall pro-
vide. and until the first annual election
of directors, the in"orpnratorS herein
shall constitute the board of director
The hoard of directors may prescribe. in
said bylaws. the number of directors
necessary TO cons itute quorum OF the
hoard, which number may be less than
the majority of the whole number or
directors. and said bylaws may he
amended. altered, changed or repealed.
upon resolution, in writing. signed by
the holders of majority of the sub
scribed capital stook Of the corporate ion.
ARTICLE VII
The highest amount Of liability that
this corporation shall subject itself at
anv time shall not o~"Ne" one hundred
and fifty thousand dollars.