Daily Arizona silver belt., 1907-04-27

 County, Arizona, citizens of the United States of America, have this day volun- tarily associated ourselves together for the purpose of forming a corporation under the laws of the Territory of Ari- zona, and we hereby certify, acknowl- edge and adopt the following Articles of Incorporation:
 ~. ARTICLE I. The name of this company shall be and is the STANLEY CATTLE COM PANY.
 ARTICLE II.
 The principal place for transacting the business of this corporation shall be in the City of Globe, Gila County, Ari- zona Territory, and branch offices may be maintained at such other places as its Board of Directors may from time to time select.
 ARTICLE III.
 The general nature of business, pur- suit and enterprise, proposed to be tran sacted by this corporation is as fol lows:
 (a) To breed, raise, buy and other wise acquire, own, hold, sell and deal in horses, cattle, goats and hogs and all the products thereof, and engage in n general live stock and cattle business, and do all things consistent herewith or incidental thereto.
 (b) To purchase or otherwise ac| hA1l laoca and otherwise deal in cattle ranges, ranches, town lots, mining claims and other real estate.
 (c) To engage in wholesale and retail butcher business and to acquire and maintain slaughter houses, butcher shops and all things incidental thereto. (6 To purchase, develop or other wise acquire water and water rights and construct roads, wells, reservoirs and pumping plants.
 (e) To buy, sell, own, hold and deal in the corporate stock of other corpora tions and other eollaterals, notes and securities.
 (f) To sell, convey, bond, lease, mortgage or otherwise at any time to dispose of any or all of it's property of every character whatsoever.
 ARTICLE ".
 The amount of capital stock of this corporation shall be One Hundred Thou. sand ($l00,0O0) Dollars, divided into Ten Thousand (l0,0O0) shares of the par value of Ten (sl0.00) Dollars each, such stock to be issued when fully paid for in services or property, from time to time as the Board of Directors shall au- thorize. Such stock, when issued, to be non-assessable.
 ARTICLE V. The time of the commencement of this corporation shall be the date of the filing in the office of the Secretary of the Territory of Arizona, of a certified copy of these Articles of Incorporation and the termination shall be twenty five years thereafter.
 ARTICLE VT.
 The affairs of this corporation shall be conducted by Board of five Di. rectors, who shall be shareholders. A majority of said Board shall constitute quorum for the transaction of business and the first directors shall be W. G. Shanley, George Shanley, Nan Shanley, Sarah Rose and Maud Waters, all of Globe, Arizona, who shall hold office until 10 o'clock A. M. of the second Tuesday of May, 1908, and until their al fa1 nd
 Thereafter, the Directors annually, at stockholders meeting to be held at the office of the Company at Globe, Ari. zona, on the second Tuesday of May, at ten O clock A. M., in each year, shall be elected and qualified for the term of office commencing on the second Tues day in May in each year.
 The Board of Directors shall have power at any time to fill vacancies therein.
 ARTICLE VII.
 The officers of this corporation shall be President, General Manager, Secre- tary and Treasurer. The President, Gen. eral Manager, Secretary and Treasurer shall be elected annually by, the Board of Directors from their own number at the first meeting of the Board follow ing the annual election of the said Di. rectors. The offices of Secretary, and Treasurer may, in the discretion of the Board of Directors, be held by one per son.
 ARTICLE VIII.
 The highest amount of indebtedness or liability to which this corporation is at any time to subject itself, shall in no case exceed Fifty Thousand Dol lars.
 ARTICLE K. The Board of Directors shall adopt Bylaws for this corporation which may be altered, repealed or amended by said Board.
 ARTICLE X.
 The private property of the stock holders of this corporation shall be ex- empt from liability for the corporate debts of this corporation.
 In Witness Whereof, We have here- unto set our hands and seals this 22nd day of April, A. D. 1907.
 VIM. G. STANLEY (SeaD
 GEO. STANLEY (Seal)