Arizona republican., 1908-08-26
ARTICLES OF INCORPORATED
 Of THE INDIAN LAND COMPANY


 Know All Men By These Presents: The we, the undersigned, have this day associated ourselves together for the purpose of forming a corporation under and pursuant to the laws of the Territory of Arizona, and for that pur- pose We do hereby adopt the following Articles of Incorporation:
 ARTICLE I.
 The name of the corporation shall be THE INDIAN LAND COMPANY
 ARTICLE II.
 The principal place within the Ter ritory of Arizona in which the business of the corporation is to be transacted is Phoenix, Maricopa County, Arizona, and with out tine Territory of Arizona is St. Paul. Ramsey County. Mime sota. Branch offices may be establish ed either within or without the Terri tory of Arizona. Meetings of the stockholders and directors may be held at any of said places.
 ARTICLE III
 The general nature of the business to be transacted is to purchase, lease, exchange, sell or otherwise acquire or dispose of lands, tenements and hered- itaments; to improve. supervise and manage the same; to execute, purchase and take mortgages, and assignments of mortgages upon real or personal property: to do any and all things nec- essary and incidental to a general land business, and perform such acts and transact such business in any part of the United tates and in foreign coun- tries.
 ARTICLE ".
 The authorized amount of capital stock of this corporation shall be Five Hundred Thousand Dollars ($50O,OOO) divided into Five Thousand (5,OO0) shares of the par value of One Hundred Dollars (S10000) each. The Board of Directors may cause said capital stock or any part thereof to be subscribed or paid for in cash in the purchase or ex- change or transfer of real or personal property, or for services rendered, and to issue, or cause to be issued any part or all of the capital stock as re- quired at any time, or from time to time, and when so issued it shall be fully paid and -assessable, and in the absence of fraud in the transac- ton the judgment of the Board of Di- rectors as to the value of the property purchased or transferred or exchanged, or services rendered, shall be conclu- sive. Shares of stock may be voted by proxy at all stockholders meetings.
 ARTICLE V.
 The time of commencement of this corporation shall be the date of the fil- ing of a certified copy of these Articles of Incorporation in the office of the Auditor, and the termination thereof shall be twenty-five years thereafter with the privilege of renewal as pro- vided by law.
 ARTICLE VI. The affairs of this corporation shall be managed and conducted by a Board of Directors consisting of not less than three nor more than seven, all of whom shall be stockholders in the corpora ton. The Board of Directors shall have the power to increase the mum Der of directors up to the authorized number. The first Board of Directors shall consist of J. G. Hammond. who shall be President of the corporation; Frank DOdson, who shall be Vice Pres ident; and George s. Tyler. who shall be the Secretary and Treasurer. These Directors and officers shall hold office until their successors are duly elected and qualified.
 ARTICLE VII
 The annual meeting of the stock holders shall be held on the first Mon day of May each year.
 ARTICLE VIII.
 The highest amount of indebtedness or. liability, direct or contingent, to which the corporation shall be subject at any one time shall be Three Hun dred Thousand Dollars ($3000OO).
 ARTICLE TX The private property of the stock 1