Arizona republican., 1906-01-22
ARTICLES OF INCORPORATION OF THE HERRADURA BANANA
 PLANTATION COMPANY

We. whose hands are hereunto affixed, ! hereby associate ourselves together for the purpose of forming a corDoration under the laws of the Territory of rizona. First: The names of the incorporators
 Truman. and the name of the corDora- l tion shall be La Herradura Banana Plan
 within the Territory Of Arizona in which ] the business of said corporation is 10 be transacted is Phoenix, and the principal place outside of said Territory is Tam Dico, State of Mexico. where business ma ybe transacted and where meetings or stockhClders and dlrsctofs may be held, and the directors may establish
 such other branch offices as they may
 Second: The general nature of the business proposed to be transacted is:
 To engage in the banana industry in the State of Mexico and other countries: to raise bananas and other deciduoUs and citrus fruits. and to handle, market, sell
 and dispose of the same
 To buy and sell and otherwise acquire and dispose of real estate: to farm large
 of an other varieties of fruits: to sub
 divide large tracts of real estate and dis
 pose of the same in lots or srnen parcels. T'o purchose, acquire, contract for, take
 mortgage and dispose of any and ali
 kinds of real property; wood lands. tim
 Der lands. water and water rights, and to work, develop and operate the same.
 To own. operate and control fruit ditcies fS and ilt' any and ali other things that
 the corporation may consider appurte-
 naut to aQNanTaEeOuS Tn the owner
 ship of, or the working. operation anu control. or that may be recessary or ac- quired in the successful raising of ba- nanas and other fruits
 To make contracts, purchase. lease.
 bond, locate or otherwise acquire or dis
 pose of, 10 pi-dge, mortSage, hypctnecaie
 and deal in any and all kinds of per
 sCnal property.
 TO borrow money and execute notes.
 bonds and mortgages or deeds of trust to secure the same and 10 exercise In re-
 spect thereof and of all shares Of capi-
 a
 cations any and all rights. powciz and
 privfleges of individual owners including
 the right to vote any share of stock held
 by it to the same extent JnaI a natural
 person might or could do. and in general
 to do all things necessary to the proper conduct of the business of this corpora
 Third: The authorized amount of cap ital stock shall he seventy-ttve thousand (S75.0)O) dollars. divided into one thoUsanI 000O shares of the par value of seventy hVe tSf5D dollars per snare. At s sucn I tIIlle as the board of directors may by rSSOlE- tion direct. said capital stock shall be paid in, either iu cash or by the sale and transfer of real or personal property to the said corporation for it's uses and pur- poses in payment Tor which the shares
 of the capital stock may be issued anG the stock SO issued shall thereupon and thereby become and be fully paid up ana
 non-assessabe; and the judgment of the directors as to the value of the property purchased shall be conclusive.
 ment or this corporation shall be the nrst
 day of December. 1905 and the terTnina-
 tion thereof shall be twenty-five years
 Fifth: The affairs of this corporation
 shall be conducted by a board of five di- I rectOrs and the following named shall constitute the board of directors until their successors are elected; w w.. i Trigg. Chas. Stanley, I. J. Truman. Coas- M Harrison and Wm. M. Rhodes. There after the board of directors shall be elected from among the stockholders on the first Monday in December of each
 Sixth: The highest amount of indebt- | edress or liability to which this corpo- ration is at any time subject shall De twenty-five thousand (S25O0O collars, which amount does not exceed tWo-thirds | of the amount of the capital stock. Seventh: The private property Of the stockholders of this corporation shall be 1 exempt from corporate debts of any kind 1 Tn witness whereof. we have hereunto set our hands and seals this 2Sth day of
 W W. TRIGG. (SeaD CHAS. STANLEY. (SeaD I. T. TRUMAN. (Sea) | State of California,
 City and County of San Francisco. ss. | On this 18th day of November, one | thousand nine hundred and five, before | ne John D. Gish. notary public m and l fer said city and county, res ding therein, | duly commissioned and sworn, person | ally appeared W. W. Trigg, Chas. Stan l the persons whose names are subscribed 1 to the within instrument, and acknowl- | edged to me that they executed the same | for the purpose and consideration therein | expressed.
 | Tn witness whereof I have hereuntO