The Arizona sentinel. [volume] (Arizona City [Yuma], Yuma County, A.T. [Ariz.]) 1872-1911, 1909-05-13

TO farm and cultivate its lands for a term
OF years on shares or partnership to raise
1--we stock on It's lands and elsewhere. and
20 make agreements with other persons
nerShip, to raise such stock, and to do a
general real estate business.
Fourth-The authorized amount OF
capital stock Of the corporation slall De
One hundred Thousand (S100 100000 Dol
lars, divided into enc hundred thousand
shares shares OF the par value Of one Dollar
Capital Stock may be paid INTO this cor
pOIatiOn, either in cash, or by the sale
10 1t and transferring to 1t OF real, per-
Sonal or mixed property, for the use and
benefit and possession of this corpora
ton, in payment for which, shares of
capital stock OF this corporation may be
issued and the capital stock so issued
shall thereby become and be, fully paid
and worcestershire, and in the absence
Judgment of the directors as to the value
of the property so purchased shall be
conclusive.
Flfth-All stock shall be nOn-assessa-
BILE and shall be fully paid up before is
sued.
Sixth-Any original stakeholder may.
dispose of, his or her, shares of capital
stock of said corpora zion upoG giving at
least sixty days notice In writing to the
president and secretary OF Ssiid corpora
tiOn, of his or her iEtentiOl 80 - dis
pose of the same, and said corporation
may without further action or notice.
shares of capital stock. ard the SAM:
shall inure to the benefit Of said coTpOr-
alton; Provided, that this corporation
shall have the exclusive right and priv
ilege to purchase such shares of capital
stock 50 offered for sale, within said
sixty days notice in writing, of his or her
intentions to sell his or her shares Of said
capital stock at twenty per cent less
than It's market value; Provided, further,
that the foregoing restrictions shall APP
ply TO mortgages OF shares of such CAPT
Jal stock OF said corporation.
Seventh-The time for the commence
nent Of this corporation shall be the fill
ing Of these Articles with the County
recorder OF Yuma County, Arizona, and
the termination thereof twenty-five
Eighth-The affairs ST this corporation
shall be conducted by a board OF three
directors, until the first Monday in jan
uary, 1910, when a board Of three di-
rectOrs shall be elected from among the
stockholders. The following named shall
constitute the board of directors until
and Nellie n. Beeler.
The officers of said corporation until
their successors are elected shall be
George FISllbaHgh. President; William \.
Miller, Secretary and William A. Miller
Ninth-The highest amount of indebt-
ednesS or liability to which this corpor-
alton at any time to be subject or to
subject Itself, shall be Five Thousand
Tenth-The pirate property of the
stot khOlders of this corporation shall not
be liable for. and shah be exempt from
corporate debts OF any and every kind
whatever.
In witness whereof we have hereuRto
set our hands and seals, this 18th day of
March, A. d. 1909.
GEORGE FISHBAUGH, (SeaD
WILLIAM A.. MILLER, (SeaD
NELLIE NJ. BEELER, (SeaD
Territory of Arizona,
County of Yuma, SIS:
Before me. II. Wupperman, a Notary
Public in and for the County of Yuma,
Territory of Arizona. on this day person.
ally appeared. George Fishbaugh and
William A. Miller and Nellie N. Beeler.
known to me to be the persons whose
names are subscribed to the foregoing.
instrument and acknowledged to me that
they executed the same for the purpose
and consideration therein expressed.
Given under my hand and seal of Of
flee. this 1881 day of March. a. d.. 1909.
(SeaD WJIPPERMAN
Notary Public.
My Commission expires Decemmber "a,
1912.