Graham guardian., 1906-10-19
First publication sePt7
ARTICLES OF INCORPORATION
of the
Producers Milling Company

KNow ALL MEN RY THESE PRFsTNTS
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 l. 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 H. Weech. @. NJ. Layton and II, l.. |
Norton, and the principal place OF transacting
its business is At the. town OF Thatcher, Graham
county, territory of Arizona.
ARTICLE H. 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 appurIenant there
and the operation of the same by steam, cleo
tricitv, or other motive power In the manufact-
ure of -four and other mil l.stutls, on its own
account. or fOr other 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
poraton. shall be twenty-five thousand (s25-
6OnOO) dollars, divided into Twenty-Five thou
sand (25 n0O.O 90 shares OF the par value of one
(sl OM dollar per share. That not less than
nine thousand ts9 O0O,0M dollars of the said cap
ital stock shall be paid into the corporation,
Immediately upon II heing fully authorized TO
commence business, for which certificates of
stock shall be issued, and the remainder of the
capital stock to be paid into the company at
| such times and on such conditions as shall be
determined by the board of directors
ARTICLE " The corporation shall com.
| mence Tvs business immed etely upon the filing
| of these articles Tor record in the office Of the
| county cordpT Of said Graham county, and
certified copy thereof in the office Of the auditor
of the territory OF Ar zOna, and 1t shall endure
| for twenty-fye (25l years thereafter
| ARTICLE v The Affairs and business of this
| CORPORATION shall be conducted and controlled
| by a board of directors composed OF seven ~
mem bars ali of whom shall be stockholders.
| Said board of directors shall elect one of its
| membe as president and Ore of its members
as vice president, and also shall elect secre-
| tary and treasurer.
| ARTICLE VI. The annual meeting for the
election of directors, and the transa ton Of all
| general business for this corporal on shall be
| held on the first Monday in June of each and
| very year, and NJ. +. Swanger, o f. Webster,
J d Lee, William lOhnS, d. WeeCh, G. W.
| Layton and II. l. Norton, the corporators here
| of a" stockholders herein shall constitute the
first hoard of irectors. and until their success
sOrs are elected and qualified,
ARTICLE VII: The highest amount of in
| debtedness or liability TO which this corpora
ton shall at any time subject itself shall not
exceed two-thirds ~ ofits capital stock.
ARTICLE VIII. The private property Of the
stockholders shall be exempt from corporate
debts.
In witness whereof, we have hereunto set our