Arizona republican., 1906-01-27
ARTICLES OF INCORPORATION OF THE LA HERRADURA BANANA
 PLANIATION COMPANY.

We. whose hands are hereunto affixed. hereby associate ourselves together for the purpose of forming corporation under the laws of the Territory of rizona.
 First: The names of the incOrporatOrs are W w. 1rlgS, Chas- stanley and l. J. truman: ana the name or the corpora tiOn shall be La Herradura Banana Plan tation Company The principal place 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 Territory is Tam Dico, State of Mexico. where business may be transacted ant where meetings of stockholders and dire ctoIs 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 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 plant the same 70 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 to work develop and operate the same.
 To own, operate and control fruit CIitches and any and all other things that the corporation may consider apDurte- Eant to or advantageous in the owner ship of, the working. operation and 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 pledge. mortgage, hypothScate and deal in any and all kinds of per
 To Borrow monev and execute notes. bonds and mortgages or deeds of trust to secure the same and to exercise In re- spect thereof and Of all shares of cep!- tai stock and other securities and obli- gations any and all rights power and privileges of individual owners. inc1udinS the right to vote any share of stock held by it to the same extent LnaC natural ue~son Ir1icht or could do. and in general 10 do all things necessary to the proper conduct of the business of this corpora
 Third: The authorized amount of cap ital stock shall be SeVenfy-hVe thousand (ST50oO) dollars divided into one thousanJ 000O shares of the par value Of seventy five (S75) dollars per share At such tims ton direct said capital stock shall be paid in. either in cash or by the sale ana the said corporation for its uses and pur- poses in payment for which the shares of the capital stock may be issued, anG thereby become and be fully paid up and non-assessabIe: and the judgment Of the purchased shall be conclusive. Fourth: The time of the commence ment of this cOrpOra ton shall be the tirst day of December. 19)5, and the termiua- { ton thereof shall be twenty-five years thereafter
 Fifth: The affairs of this corporation shall be conducted by a beard of five, di- rectors and the following named shall constitute the board of directors until their successors are elected w. w Trige. Chas. Stanley. I. J. Truman, Chas. after the board of directors shall be elected from among the stockholders on the first Monday in December or each ! year.
 Sixth: The highest amount of indebt- l edneSs or liability to which this corpO- ration is at any time subject shall be twenty-five thousand G25,OeO collars, which amount does not exceed tWO-thlrdS ! of the amount of the capital stock. Seventh: The private property of the | stock holders 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 2Sth day of | November, 1905.