Graham guardian., 1907-02-15
ARTICLES OF INCORPORATION
Of The
Cooperative Ice & Creamery Co

Know ALL MES BY THESE PRESENTS:
That we, F. Hubbard, Oscar Webster, W. +
Platt, Bert Hopes, W. W. Pace, A. Z. Jacobson
and E. Nj. Alfred, have this day and by these
PRESENTS associated ourselves together, fol the
purpose OF forming corporation, under the
adopted the following rs our Articles of Incor
poratien.
Article /. The names of the Corporatort
hereof are 2. Hubbard, Oscar Webster, W E,
Plat, Bert Hopes, W, W. Pace, A. L Jacob
son and Il. NJ. Alfred all residents OF the coun
ty of Graham in the Territory of Arizona.
Article II. The name adopted for this cor,
poration is THE Cooperative Ice and Creamery
Company" and the principal place for the
transaction OF its business, Is at the town oi
Thatcher in Graham county in the Territory
of Arizona
Article ILL., The general nature of the bust
ness to be transacted by said corporation, is tC
own and operate creameries for manufacturing
buying and selling all dairy and creamery
products, and to deal in all kinds of property
both real and personal including merchandise
and farm products, to own and operate an Ice
plaut for the ma utactuTe and sale nf ice; and
to keep and maintain cold storage, to own
and operate an electric light plant, or electric
power pant within the town of Thatcher for the
purpose of transmitting power and light TO any
point within the ella valley, and TO do and per
form such other acts and things that may be
incident and necessary to the main powers Of
said corporation,
Article ~. The authorized amount of capi
tai stock Of this corporation shall be twenty
tiye ousand ls25ooo) dollars, divided into
twenty-five thousand shares of the par YaluS
Of One III l.OO) Dollar each, and at such times as
the Board Of Directors may by resolution direct
said Capital STOCK shall be paid into this Cor
poration, either in cash or by the sale and
transfer of real estate or personal property, fol
the uses and purposes OF said corporation, IL
payment for which, shares Of the Capital stock
may be issued, and the Ia ital Stock so issued
shall thereupou aud thereby become fully paid
mp and nOn-assesSable and In the absence 0l
actual aud the Judgment of the directors Of
the actual value Of the properly so purchased
shall be conclusive.
Article " The affairs and business of this
Corporation shall be conducted and controlled
by a board of directors, consisting of seven
members "a, all of whom shall be stockholders
Said Board Of Directors shall elect one of its
members as president and one of its members
as vice-president. and shall also elect secre'
tary and treasurer.
ARTICLE VI
The annual election for Directors shall be
held on the first Monday in June of each and
every year, and until said first annual election,
Y. Hubbard, Oscar Webster. W, X. Plett, Bert
Hopes, W. W. Pace, A, E. Jacobson, and E. NJ.
Alfred, all of whom are stockholders herein
shall constitute the first Board OF Directors.
Article VII. The Board of Directors are EN-.
powered to ordian and establish all bylaws
and regulations necessary 10 the management
and business of said CoTpor ton, and alter and
repeal the same at pleasure.
Article VIII. This Corporation may com.
mence business on the iling of these Articles
for record In the Office of the County Recorder
Of Graham County, and hling a certified copy
thereof in the Office of the Auditor of the Ter
ritOry Of Arizona, and continue TO exist for
twenty. years thereafter.
Article TX, The highest amount Of indebt.
edneSs to which this Corporation shall at any
time subject itself shall not exceed two-thirds
OF its capital stock.
Article X. The private property of StockhOl.
ders shall be exempt from Corporate debts.
In witness whereof: we have hereto set our
hands this the 9Th day of February A. ID. 1907.
FREE HUBBARD
o. Y. WEBSTER
W, X. PLATT
BERT HOPES
", W. PACE
A. u. jacobson
Il. NJ. ALLRED
Territory Of Arizona,( "a
County qf Graham ! %
Before ma, q Hrge y Crosby, Jr,, Notary
ritory Of Arizona, on this day personally APP
peared r Hubbard, Oscar webster, W. r. Plat
Bert Hopes, W. W. Pace, 4. y, jacobson and
(. NJ. Alfred, known to me TO be the persons
whose names are subscribed to the foregoing
instrument, and acknowledged to me that they
aud each OF them executed the same for the
purpose and consideration therein expressed.
IN WITNESS WHEREOF: l, have
hereto set my hand and affixed my
lSEAL) Hotorial Seal on ihlsthe 9Th day of
February A. ID, 1907. .I
GEO. II. CROSBY, Jr,
Notary Public in aud for Graham County,
NJ ragEmSdbn eSarss ysnusrS II, 1ltrf.