Arizona republican., 1906-01-24
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 corporation under the laws of the Territory of rizOna.
 First: The names of the incorporators are w. w. Trigg, Chas. Stanley and I. J.. Truman and the name of the cOrDOra- tion shall be La Herradura Banana Plan within the Territory of Arizona in which the business of said corporation is to be transacted is Phoenix, and the principal place outside of said Territorv is Tam pico, State of Mexico. where business ma ybe transacted and where meetings of stockholders and directors may be held, and the directors may establish such other branch offices as they may deem necessary.
 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 ana other declduouS ana citrus fruits, and uo handle, market, sell and dispose of the same
 To buy ana sell ana otherWlSe acquire and dispose of real estate; to farm large tracts Of land, cultivate the same and plant the same to banana trees and trees of all other varieties of fruits; to sub divide large tracts of real estate and dis pose of the same in lots or small parcels
 To purchOse, acquire, contract for, take options on manage and control, sell mortgage and dispose of any and all Der lands. water and water rights, and to work, develop and operate the same. ranches, canals, reseI eINoirs; nuInes, ditches and any and all other things that the corporation may consider appurte- nant to or advantageous in the owner ship of. or the working. operation and control, or that may be necessary 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. to pl- dge, mortgage, hyp5thecate and deal in any and all kinds of per sonal property.
 To Borrow money and execute notes bonds and mortgages or deeds of trust 10 secure the same and to exercise In re a 14n ENae gfVNH- tai stock and other securities and obli- gations any and all rights. powels and privileges of individual owners. including the right To vote any snare or stock nelu by it to the same extent JnaJ 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 be seventy-fve thousand CS75.0e0) dollars, divided into one thous2nH 000O shares Of the par value of seventy five (s75) dollars per share. At such time as the board of directors may by resOlC- ton direct said capital stock shall be pafd in either in cash or by the sale ana transfer of real or personal property to the said corporation for its uses and pui- poses in payment for which the shares Of the capital stock may be issued. anG the stock SO issued shall thereupon and thereby become and he fuIlv paid up and nOn-assessable; and the judgment of the directors as to the value of the property purchased shall be conclusive.
 Fourth: The time of the commence meEt of rIis COrpOrs ton shall be the hrS1 day of December. 1yJ5, and the termina- ton thereof shall l,e twenty-five years thereafter
 Fifth: The affairs of this corporation shall be conducted by beard of five, di- rectors and the following named shall constitute the board of directors until their successors are elected: w. w Trigg. Chas. Stanley |. J. Truman, Chas. M Harrison and Wm NJ. Rhodes. There after the board of directors shall be elected from among the stockholders on the first Monday in December of each year.
 Sixth: The highest amount of indebt- edness or liability to which this cOrpO- ration is at any time subject shall te twenty-five thousand (S25,OgO 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 exempt from corporate debts of any kind whatsoever.
 | Tn witness whereof. we have he-eunto set our hands and seals this 2Sth day ol i November, 1905.
 " TRIGCs (SeaD