Holbrook argus., 1908-06-30
ARTICLES OF INCORPORATION OF THE NAVAJO IMPROVEMENT
 COMPANY.


 dents of t. @ Territory of Arizona, have associated ourselves together for the purpose of forming a corporation un- der the laws of the Territory of AriZo- na and in accordance herewith eXe- cute and adopt the following as the Articles of Incorporation of said cor poration.
 Article I.
 The name of this corporation shall be "NAVAJO IMPROVEMENT COM PANY', and it's principal office and place of transactIng business shall be at the city of Holbrook, Navajo Coun- ty, Arizona, with branch offices and places of bushes elsewhere, either within or without the Territory of Ari- zona, as may be designated and estab- lished by the Board of Directors, here matter provided for.
 Article II.
 The general nature of the business proposed to be transacted, promoted and G rred on is to do any or all of the things mentioned herein as fully and to the same extent as natural, per sons might do, and in any part of the world. namely:
 To undertake and carry OR any busi- ness transaction or operation common ly undertaken or carried on by con- tractors, capitalists, fnanciers, and generally 10 institute, enter into, carry on, assist, promote or participate ln H. hancial, commercial, mercantile, indus trial or ot her business, works, contracts, undertakings and operations; to hold in trust, make advances upon, sell or dispose of any of the undertakings or resulting investments aforesaid, and frr Nf hn .ah FNY like purposes. To obtain the grant of, purchase or otherwise acquire any con- cession, rights, patents, privileges ex elusive, or otherwise, authorize under tahings or businesses, or any right, option or contract in relation theret O. and to preform and fulfill the terms and conditions thereof, and to carry the same into effect, operate thereun- der, develop and turn to account, main tain or sell, dispose of and deal with the: same.
 To build, acquire, own or operate ho- telS and st ore-; to manufacture, supply and deal in light, heat and power; to purchase or otherwise acquire, con- struct, equIp, lease. and operate plants for the generation, distribution and sale: of electricity for any and all pur- poses, and plants for the generation and distribution of electrical power
 To acquire, hold and in any and every manner deal with mining lands and locations of every character, water rights and water appropriations and conduct all business appurtenant thereto.
 And in general to acquire, own, hold and deal in any and every kind of prop erty, whether real or personal, and to engage in any and every business deemed by the Board of Directors necessary, requisite, useful or convent ent in carrying on the general objects and purposes of the corporation.
 To acquire, hold and deal in the capital stock of this or any other cor poration; to borrow money, incur in- dHbtedness and secure the same by mortgage or otherwise, and issue such evidences thereof as to the Board of Directors may appear Iroper or advis- able, and to do any and all the things herein mentioned to the same extent as natural persons might or could do as principals, agents, contractors, trustees or otherwise, and either alone or in company with others, and to car ry on any other business not orbidden by the laws of the Territ ory of Arizona
 Article TIL
 The amount of the Capital stock of this corporation shall be One Hundred Thousand Dollars [$100,00O GOT, divided into twenny [20,O00] thousand shares of the par value of Five $5.00] Dollars each: which when issued shall be full paid and non-asessable. Said capital stock may be issued upon such terms and conditions and at such times and