Graham guardian., 1908-06-26
lst Publication May 29-6t
ARTICLES OF INCORPORATION
Of The
GILA VALLEY FAIR AESOCIA-
TON.
tsow 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 Arlzona, do hereby certify as follows:
Geo. A. Olney, Geo. p. jacobson. Nit simms,
v. F. Iiams, John ]. Birdno, Ed. Branch and
E. W. Clayton.
shall be THE Gila Valley Fair Association"
Third. The principal place of business Of
the corporation is and shall be at Stafford, Ora
Fourth. The &c eral nature of the business
TO be transacted by this corporation shall be:
To purchase, hold, own, deal In. le Sc, mort
gage. sell, exchange, transfer, or In any man
ner acquire or dispose of real property. where
ever situate; to contruct, c ect, 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: to 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. Bail Grounds. Thestres, Dancing Pavi-
ions, Parks, Groves, Orchards, and Sporting
conduct, operate. and maintain fairs. bali
games, races. and athletic, theatrical and sport
ing meets Of eve description, comformable to
contracts, to borrow money. and execute notes,
bonds, mortgages, deeds of trust, or other
securities to secure the same; and to exercise In
respe I 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 cor.
poration, 1t 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 furtberipg its object or
and things. and to exercise any and all powers
which a co-partnership or natural person cou.d
do or exercise, and which now or hereafter
may be authorized by law.
Fifth. rhe authorized amount of the capital
stock of this corporation shall be Twenty
Thousand Dollars (s2uoU0O). divided into Four
Hundred 400 Shares of a par value of fifty
ard 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. shares Of the capita! stock In the cor.
poratioL shall be issued, and tho capital stock
so issued shall thereon and thereby become
| and be fully paid up nd n"n.assessable.
this corporation shall be the dat of the fling
of these articles Of incorporation with the Audi
tor of The Territory Of Arizona, and the termin'
alton thereof shall be Twenty-Five l25l Years
thereafter, with privileges of renewal for like
periods as provided by law.
seventh. The affa rs Of this corporation shall
be conducted by Board of SeveL Ia Directors
who shall be elected by the stockholders of the
corporation on the second Monday In July Of
each year. said board OF Directors shall each
be stockholders in the said corporation, and
hSS aSa SS Sn n hsr sns
the second Monday in July, A. d.. 1908, said
Board of Directors shall consist of Geo. A
Oiney, Geo. +. jacobson, Nit simms, w. f
IjamS, John ]. B.rdno, Ed. Branch and E. w
Clayton The Board OF Directors shall have
power to appoint, from amo"g the members o.
the Directorate, such officers as shall be pro
vided for by the bylaws of the corporation
sch officers TO hold office until removed BY
the said oard Of Directors or until their sue
cessors are appointed and qualified
Eight The highest amount of Indebtedness,
or liability, direct or contingent, to which thi:
corporation shall subject itself at any time
shall be rweive Thousand Dollars tSl2OO000j.
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 sci
| our hands and seOls, this Goth day OF May A. D