Arizona republican., 1906-01-25
ARTICLES OF INCORPORATION OF
 PLANTATION COMPANY.

' We. whose hands are hereunto affixed ! hereby associate ourselves together for under the laws of the Territory of rizona First: The names of the incorporators ! Truman. and the name of the corpora tion shall be La Herradura Banana Plan tauon .,l company. Ihe, Principal place ! the business of said corporation is to be ! transacted is Phoenix. and the principal pico State of Mexico. where business may be transacted ani where meetings of stockholders and directors 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 Tn the banana industry 1n the State of Mexico and other countries; to raise bananas and other decduous and citrus fruits, and to handle, market, sell To buy and sell and otherwise acquire and dispose of real estate; to farm large 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 purchCse, acquire. contract for, take options on. manage and control. sell; mortgage and dispose of any and all kinds of real property; wood lands. tim Der lands; water and water rights, and 10 WorN, develop and operate the same. To own, operate and control fruit ranches. canals, reservoirs; fumes ditCheS and any and all other things that the corporation may consider appuTte- nant to or advantageous in the owner ship of, or the working. operation and control or that may be necessary or ac- . qUiTcd in the successful raising of ba- nanas and ether fruits.
 To make contracts, purchase, lease. bCnd locate or otherwise acquire or dis pose Of, 10 pledge mortgage, hypothecate Q and deal in any and all kinds of per
 To borrow money and execute notes secure the same and to exercise In re- spect thereof and of all shares of capi- tai stock and other securities and obli- cations any and all rights powcis and privileges of individual owners inc1uding the right to vote any share of stock held by it to the same extent Ihat 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 be seventy-fve thousand (S75.OJO) dollars, divided into one thous7nI 1 Q00O shares. of the par value of seventy five G75) dollars per share. At such time tion direct. said capital stock shall be paid i'm either in cash or by the sale and transfer of real or personal property to poses in payment for which the shares of the capital stock may be issued, and the stock so issued shall thereupon ana thereby become and be fully paid up and non-assessable; and the judgUent of the directors as to the value of the property purchased shall be conclusive.
 1 Fourth: The time of the commence ment of this corporation shall be the frs- day of December 1905. and the termina- tion thereof shall he twenty-five years
 Fifth: The affairs of this corporation shall be conducted by board of five di- | rectors and the following named shali constitute the board of directors until ] their successors are elected; W. w. | TrigP, Chas. Stanley, I. J. Truman. Chas- l N Harrison and Wrn 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 sha,I te l twenty-five thousand (S25.090 collars, 1 which amount does not exceed. tWo-thlrds 1 of the amount of the capital stock. | Seventh: The private property Of the l stockholders of this corporation shall be | exempt from corporate debts of any Kind | whatsoever.
 In witness whereof. we have hereunto set our hands and seals this 18th day of
 ". V. TRIGG (seaD
 CHAS. STANLEY. (SeaD
 l. T. TRUMAN. (SeaD
 City and County of San Francisco, ss. ] On this 18th day of November, one l thousand nine hundred and five, before 1 me John D. Gish. a notary public m and 1 for said city and county, res ding there n. i duly commissioned and sworn. person ! ally appeared w. w. TrigG. Chas. Stan ] the persons whose names are subscribed | to the within instrument. and acknowl- | edged to me that they executed the same | for the purpose and consideration therein 1 expressed.
 Tn witness whereof, I have hereunto | set my hand and affixed my official seal, | San Francisco. the day and year in this lsdaD 9SialT'''e i-i '-''0' JOHN D. GIsH.
 Notary Public in and for the City and
 County of San Francisco. $ ate of Gail fCrnia.