The oasis., 1907-06-15
ARTICLES OF INCORPORATION
 -OF THE FARM0BILE COMPANY.

KNOW ALL MEN BY THESE PBEsENTs That We whose hands are hereunt0 affixed do hereby associate ourselves together for the purpose cI forming corpdration under the laws of the Territory of Arizona and to that end adopt the following Articles Of Incorporation:
 ]. The names of the incOrpOratOrs are C.. ! Eastman, F. Eastman and F. C. McArthur and the name Of the corporation shall be THE FARMOBILE co nI ANY
 The principal place in which the business of thls corporation, within tie Territory of \ ri- zona IS to be transacted is NOgales Santa Cruz County, Arizona, and the principal place of business Of this corporation outside the Terri tory of Arizona shall be the City of Los Ange- les, in the State of California at which nlacp meetings of ockholders and of the Board of Directors may be held and the corporation may have such branch offices either within or Wltnout the Ierrlt0ry of Arizona as may be established by the Board of Directors
 II. The general nature of the business to be transacted by this Corporation s as fol- lows, to-wit: To buy, sell and manufacture any and all kinds of agricultural and other machinery and hardware; tO establish, equip and operate foundries and machine shops; to establish, own and operate stores for the sale of agrlcultural implements and hardware; to buy and sell real and personal property; to pur- chase, lease and own agricultural lands and tO farm the same; to apply for, purchase. hold own ana sell letters patents and patent rights whether issued by the Government of the United States or any foreign country: to sell the right to manufacture under letters patent pafenls and patent rights and tu sell articles ullu6f letters patent, and patents, or patent rights: to subscribe for purchase, own, hold and sell the capital stock ot other corporations; to sell or otherwise dispose of any and all property real or per sonal 10 market or otherwise cucumber any and all property, real UT personal and general " to do and perform any act or acts requisite or necessary tor carrying out the objects for which this incorporation is incorporated
 III. The authorized amount of capital stock of this corporation shall be Five Million Dollars tSoOOV,OOO). divided into Five Hundred Thousand (5OOOOW shares of the par value of Ten Dollars ($l00O each. At such time as the Board of Directors by resolution direct said capital stock shall be paid into this corpora ton, either in cash or by the sale and transfer 10 U o1 real or personal property, or stock of other corporations, for the uses and purposes of thls corporation, in payment for which. shares of the capital stock of this corporation may De lssned. and the capital stock so issued shall thereupon and thereby become and be fuIly paid up and n0n-assessable, and in the absence of actual fraud i'll the transaction, the Judgment of the Directors as to the value of the property, stock or thing purchased shall be conclusive.
 W. The time of the commencement of this corporation shall be the date of the filing oi these Articles of Incorporation in the office o1 the Auditor of Arlzona, and the termination thereof shall be twenty-five (25) years.
 N The affairs oi this corporation shall be conducted by Board of Directors composed oi three (3) stockholders, who shall be elected annually on the first Monday in January of each year, and until such first annual election in January 1905, the following named stock holderers shall serve Directors of this curpcr- ation for the ensuing year, until the first Mon day in January, l9' and the election of their successors, to-wit: C. J. Eastman, F. J. East man. and C. McArthur.
 VI. The highest amount of indebtedness or liability, direct or contingent, to which this corporation shall al any time be subject shaA be Five Million Dollars ($5,000,000).
 VII. 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 his llth day of May 1907.
 c. EASTMAN, [sEAL.l