Arizona republican., 1905-11-10
ARTICLES OF INCORPORATION Of the Abigail Bugbee Angora Goa'
 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; charter
 The 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 sh Ii 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 any of which offices stockholders and | directors meetings may be held, the books of the company kept and any and all business transacted.
 The amount of the capital stock Of tn corporation shall be three hundreI tire | 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, lafor, or any other valuable right or thing. and | the judgment of the hoard of directors | as to the value thereof shall be conclu-
 ARTICLE V.
 | The general nature of the business in which this corporation shall engage Is | as follows:
 L To engage in. conduct and carry on l a general livestock and ranchinS busi- Eness in all its branches, owning all build | ings, stables, corrals, store and ware ! houses necessary to carry on the busl- 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, mortgago. pledge ano otherwise deal in and dispose of goats | sheep, cattle, horses, swine. and all other | kinds and descriptions of liyes.ock.
 ?. To acquire, buy, hold, own, sell lease, mortgage, pledge dispose & Of and and | sonal property, or interests therein. ol every kind and description whatsoever. g. 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 whicf water can be applied a use; and tC construct and maintain reservoirs, dams | canals ditches fumes pipe and pipe lines, and all other appliances necessary | for the catchment. diversion, storage anC distribution of water.
 1. To engage in. conduct and carry or ! general cooperative livestock busine S and to range, pasture. care for, manage and pay taxes and all other expenses incl | dental to the breeding. care and man l agement of all kinds of live stock, upor a cooperative sharing basis.
 ,. To engage in and carry on a gen eral commission, warehouse and Storag' business. and to buy. sell and otherwise | deal in all classes of live stock, and al products therefrom. such as nohair wool and hides. on commiss: n.
 6. To enter into and carry out any contracts for furthering the objects O. this corporation. with individuals, firms Ns..,a !, [ United States; and to lend and advanc, money on real and personal property ant all kinds of securities; to borrow, rais' and secure money with which to enlarg | or carry on the business of the corpora tion, may be deemed eXpedient; t issue debenture bonds. or bonds secure'
 by mortgage un0n the stock. property O franchises of the corUorat'on: and t hold. own. sell and deal in the capita stock bonds, s"cureties and evidences O
 indebtedness of other corporations. am
 to act as financial, commercial and gen
 eral agent for persons, firms. associa
 tions and corporations; and generally |,
 do and engage in any and all kinds O business that a natural Derson mi9ht O
 could engage in. in the Tinted States c in any part of the world.
 ARTICLE VI.
 l The affairs of this corporation shall h
 conducted b.y a hoard of not less tha'
 three nor more than nine directors wh
 shall he elected on the first day Of Ma | of each year as the bylaws shall pro :, vide and until the first annual elecuo
 of directors. the in"orp orators herei
 shall constitute the board of director , The hoard of directors may prescribe. i r said bylaws the number of director l necessary to constitute a quorum of th board which number may. be less tha the majority of the whole number O directors, and said bylaws may h amended. altered, changed or repealed upon resolution, in writing, signed b I the holders of majority of the sub 3 scribed capital stoclI of the corpo-a.icr ARTICLE VII.
 } The highest amount of liability tha this corporation shall subject itself a $ any time shall not exceed one hundre 3 and fifty thousand dollars,