Graham guardian., 1908-07-17
1st Publication May 29--et
ARTICLES OF INCORPORATION
OF The
GILA VALLEY FAIR ASSOCIA-
TI0N.
NOW ALL MEN BY THESE PRESENTS:

Know ALL MEN BY THESE PRESENTS:
That we, the undersigned, in order to form a
corporation for the purpose hereinafter stated
under and pursuant to the laws Of the Territory
of Arizona, do hereby certify as follows:
First. The names of the incorporators are
Geo. A. olney, Geo. p. Jacobson Nit Simms,
W. Iams, John J. Birdno, Ed. Branch and
Il. w. Clayton.
/ Second. The name of the corporation is and
shall be The ella Valley Fair Association
Third. The principal place of business of
the corporation is and shall be at Stafford Gra-
ham County, Arizona.
Fourth. The general nature of the business
to be transacted by this corporation shall be:
To purchase. hold, own, deal in, lease mort
gage, sell, exchange, transfer, or in any man
ner acquire or dispose of real property where
ever situate 70 eontruct, erect, maintain, sell,
mortgage or lease, buildings, houses, barns,
grand stands, fences, and improvements of
every kind and description, upon any lands
acquired by the said corporation; 10 purchase,
hold, own, mortgage, SELL pledge, transfer, or
in any manner dispose of personal property of
every character necessary to the purposes Of
the corporations; TO lay out organize, equip,
operate and maintain, Fair Associations Race
Tracks, Ball Grounds, The9tres, Dancing Pavil-
ions, Parks, Groves, Orchards. and Sporting
and Athletic Grounds Of every description; to
conduct operate, and maintain fairs, ball
games, races. and athletic, theatrical. sndsport
ing meets of every description, comformable to
the laws of the Territory of Arizona; to make
contracts to borrow money. and execute notes,
bonds, mortgages, deeds of trust, or other
securities to secure the same; and TO exercise In
| respect TO all shares of capital stock and other
securities and obligations, any and all rights,
powers. and privileges of individual owners
without in any particular limiting or restrict
ing any of the objects and powers of the col
poration, ii is expressly declared and provided
that the corporation shall have power in the
carrying on of its business and for the pur-
pose of attaining and furtbering its object or
any of the same, TO do any and all other acts
and things. and to exercise any and all powers
which a eo-partnership or natural person could
do or exercise and which now or hereafter
may be authorized by law.
Fifth. The authorized amount of the capital
stock of this corporation shall be Twenty
Thousand Dollars ts2OOOOOO), divided INTO Four
hGnsI Hundred 500 S shares of par value of Fifty
Board Of directors shall by resolution direct,
said capital stock shall be paid into this cor
poration, either in cash or securities approved
by the said Board of Directors, in payment OF
which, 81 ares of the capital stock in the cor
poration l,hall be issued, and the capital stock
SO issued shall thereon and thereby become
| and be fully paid up and non-assessable.
sixth. 1he time of the commencement of
this corporation shall be the date of the filing
OF these art cles OF incorporation with the Adj
tor OF the Tt rritory OF Arizona, and the termin-
alton thereo shall be Twenty-Five (25 Years
thereafter. With privileges of renewal for like
periods as p divided by law.
seventh. The affairs OF this corporation shall
be conduc 6ed by Board of seven (7) Directors,
who shall be elected by the stockholders of the
corporati)n On on the second Monday in July of
each year. said Board of Directors shall each
| be stock holders in the said corporation, and
| shall hold Office until their successors are
elected and qualified Until and including
the second Monday in July, A. D.. 1905, said
Board of Directors shall consist of Geo. A.
Olney, Geo. p. jacobson, Nit Simms, W. F.
Ijams, John Birdno. Ed. Branch and Z. w.
| Clayton. The Board OF Directors shall have
power to appoint rom among the members of
| the Directorate, such officers as shall be pro-
yided for by the Bylaws of the corporation,
such officers TO hold office until removed by
| the said Board of Directors or until their sue
| cessors are appointed and qualified.
| Eight The highest amount of Indebtedness
or liability, direct or contingent, to which this
| corporation shall subject itself at any time,
| shall be Twelve Thousand Dollars (sl2000O0).
| Ninth. The private property of the stock
| holders of this corporation shall be exempt
| from its corporate debts Of any kind whatso-
| ever.
In Witness Whereof, We have hereunto set
our hands and seals, this Goth day OF May, A. ID.
| 1905,