Graham guardian., 1906-09-21
First publication Sept. 7
ARTICLES OF INCORPORATION
of the
Producers Milling Comp any

Know ALL MEN by THESE PRESENTS:
That we the undersigned persons, and named
herein, have associated ourselves together for
the purpose of forming corporation, under
the laws of the territory of Arizona, and have
adopted the following as our Articles of IncOr.
pOration tO-wit
ARTICLE J.. The name of this corporation is
the Producers Milling Company and the names
of the persons forming the same. are NJ. f.
Swanger, o. f. Webster. j.. d. Lee, William
Johns, d. II. Weech, G. Nj. Layton and H. l..
Norton, and the principal place of transacting
its business is at the.town of Thatcher, Graham
county, territory of Arizona.
ARTIcLEI II. The general nature of the bust.
ness to be transacted by this corporation, is the
acquiring by purchase. building or otherwise
of mills and milling property, and the lands on
which they are situated and appurtenant there
to, in the territory of Arizonai or elsewhere,
and the operation of the same by steam, elec.
tricity, or other motive power in the manufact-
ure OF flour and other mill-stutls on its own
account or for others for hire or toll, the deal.
ing in all kinds of grain or other farm products,
and in all kinds of real estate and personal
property including merchandise Of every class
ARTICLE III. The capital stock of this cor.
pOration, shall be twenty-five thousand (S25'
600 OO dollars, divided into twenty-five thou
sand t25, 900. .OO) shares of the par value Of one
sl .0O) dollar per share That not less than
nine thousand (S9, ,0O000 dollars of the said cap
ital stock shall be paid into the corporation
II
commence business, for which certificates Ol
stock shall be issued, and the remainder of the
capital stock to be paid into the company al
such times and on such conditions as shall be
determined by the board of directors
ARTICLE " The corporation shall com
mence its business Immediately upon the filing
of these articles for record in the Office of the
county recorder of said Graham county, and a
certified copy thereof in the office of the auditor
of the territory of Arizona, and 1t shall endure
for twenty-five l25l years thereafter.
ARTICLE V. The affairs and business of this
corporation shall be conducted and controlled
by board of directors composed of seven 4
members, all of whom shall be stockholders
Said board of directors shall elect one of it,
members as president and one of its members
as vice-p president, and also shall elect a secre
tary and treasurer,
ARTICLE VI The annual meeting for tn,
election of directors, and the transaction of al
general business for this corporation shall bt
| held on the first Monday in June of each anC
every year, and NJ +. Swanger, o. +. Webster
]. d. Lee, william Johns, D. II. Weech, G. "
Layton and II. L. Norton, the cOrpOrators here
of and stockholders herein shall constitute thu
first board of directors, and until their success
Sors are elected and qualified,
ARTICLE VIE The highest amount of in
debtedneSS or liability to which this corpora
tion Shall at any time subject itself, shall no
exceed twO-thirds l70 of its capital stock.
ARTICLE VIII. The private property of tn,
stockholders shall be exempt from corporate
debts.
In witness whereof, we have hereunto set ou
hands on this the 9th day Of August, A. ID.