Arizona republican., 1905-11-11
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 a corpora tion under the laws of the territory of Arizona, and for that purpose do adopt the following charter:
 ARTICLE I.
 The name of the corporation shall he the Abigail Bugbee AngOra Goat Com pany.
 The names of the incOrDorators are Milton l.. Bugoee and Abigail B. Bugbee of Graham county, Arizona, and Herman A. Hoover, of Cooney, Socorro county,
 ARTICLE IT,
 The principal place for the transaction of the business of said corporation shall 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 established by the board of directors. at any of which offices stockho .ders' and directors meetings may be held. the books of the company kept and any and all business transacted.
 ARTICLE ".
 The amount of the capital stcc'5 Cf this corporation shall be three hundrei thousand dollars. divided into thirty 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
 
 any other valuable right or thing. and the judgment of the board of directors as to the value thereof shall be conclu- siVe.
 ARTICLE V.
 The general nature of the business in which this corporation shall engage is as follows:
 1. To engage in. conduct and carry on a general livestock and ranching busi- ness m all It's branches, owning all build ings. stables, corrals, store and ware houses necessary to carry on the buSi- 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 liveS.ock.
 7. To acquire, buy, hold. own. sell. lease, mortgage, pledge, dispose Of and 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- and water rights, and to store. supply and furnish water for livestock of every description; and for irrigation, domestic and all other useful purposes to which water can be applied as a use; and to construct and maintain reservoirs. dams. canals. ditches, fumes. pipe and pipe lines; and all other appliances necessary for the catchment, diversion, storage and distribution of water.
 A. To engage in. condrct and carry on general cooperative livestock business and to range, pasture. care for, manage and pay taxes and all other expenses incl dental to the , breeding. 1lg. ,c care and man a cooperative sharing basis
 }. 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 mohair, wool and hides. on commiss:on.
 6. To enter into and carry out any contracts for furthering the objects of this corporation. with individuals. firms. corporations. or the government of the United States and 10 lend and advance money on real and personal property and all kinds of securities; to borrow, raise and secure money with which to enlarge or carry on the business of the corpora ton, may be deemed eXDetiient: tO issue debenture bonds, or bonds secured by mortgage upon the stock. property or franchises of the corDo"at'on: and to hold. own. sell and deal in the capital stock, bonds, securet'es and evidences Of indebtedness of other corporations. and to act as financial. commercial and gen cral agent for persons, firms. associa- tions and corporations: and generally to business that a natural nerson might or could engage in, in the United States CT in any part of the world.
 ARTICLE VT.
 The affairs of this corporation shall be conducted by a board of rot less than three nor more than nine directors who shall he elected on the first day of May of each year as the bylaws shall pro- vide and until the first annual election of directors, the in"orporators herein shall constitute the board of directors. The board of directors may prescribe. in said bylaws, the number of directors necessary to constitute a quorum Of the board, which number may be less than the majority of the whole number Of directors, and said bylaws may be amended. altered, changed or repealed. ! upon resolution, in writing, signed by the holders of a majority of the sub scribed capital stook of tFe corpora ion.
 ARTICLE VII The highest amount of liability that this corporal ton shall subject itself at any time shall not exceed one hundred and fifty thousand dollars.