The Arizona sentinel., 1909-05-27

to farm and cultivate it's lands for term of years on shares or partnership to rais9 live stock on it's lands and elsewhere, ano u make agreements with other persons for d term of years, on shares or part nership, to raise such stock, ana 10 uo d general real estate business
 FOurth-The authorized amount Oi capital stock of the corporation small De One Hundred ThOus2nd SlQU,0JO.gO) Dol lars. divided into one hundred thouSilno shares ot the par value Ot one DoI?1 each All to be common stock. Said Capital Stock may be paid into this cor poratiOn, either in cash, or by the S<:Ie 10 1t and transferring to u of real, per, Sonal or mixed property, Tor the use ana benefit and possession or thiS corpoTdxx capital stock Of this corporation may be issued, and the capital stock so lSsueu shall thereby become and be-, fully pald and non -asSessable, and in the absence OK actual fraud III the transaction, the judgment of the directors as to the value of the property so purchased shall be
 Fifth-AH stock shall be non-assessa- blc and shall be fully paid Up before IS- sued.
 Sixth-Auy original stockholder may. | at any time, sell mortgage or otherW'Iso dispose of, his CT her. shares of capital i stock of said corporation 0pOTl giving 3t | least siXty days notice Tn writing to the president aud secretary ot sald corpora 1 tion of his or her intention t0 90 dis pose ol the same; and s:lld corporation | may without further acton or hctIce: ! purchase the same, and cancel SssId shares of capital stock. ard the sslrie i snail inure to the benefit 0f sad cOFpOr- alton: Provided that this corporation shall have the exclusive right and priv | ilege to purchase such shares or capital | stock so offered for sale, within SSlld I sixty days notice in writing, of hls or her i 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 ap- | ply to InCI tgages of shares of such capi-
 tai stock of said corporation
 Seventh--Fhe time for the commence | Tent Of this corporation shall be the iil- ing of these Articles with the County
 Recorder of Yuma County, Arizona, and tue termination thereof twenty-five
 years thereafter.
 kightll-The affairs of this coF2orhtiou
 shall be conducted by q board or tarce
 uary. 1910, when a board Of three dl-
 rectOrs shall be elected fsoH among the
 stockholders. The following named shaA
 constitute the board of director untif their successors are elected tC-Wit;
 George Fishbaugi, William A. Miller,
 and Nellie NJ. Beeler.
 The officers Of said corporation until their successors are elected shall be
 George Ffshbaugh. President William A. Miller, Secretary and William \. Miller.
 Ninth-The highest amount of indebt-
 eduess or liability to which this cOrpor-
 aton at any time to be subject or t,
 subject itself. shall be Five Thousand (S5, 00O00y Dollars
 TenthZThe private property of the \ l be liable for. and shah be exempt from corporate debts of any and every kind
 whatever.
 In witness whereof. we have hereunto set our hands and seals, this 18th day Of March, A. D., 1909.
 GH2kGE @ffEfaM FAsHhAiI.fEH A MiiIEH {sesI' {sesI'
 NELLIE M. BEELER, (ScaD
 Territory of Arizona,
 County of Yuma, ss:
 Before me- H. Wupperman. a Notary Public in and for the County of Yuma, 2 Territory of Arizona. on this dag person. 5 ally appeared, George FiShbaugh and f William A. Miller and Nellie M. Beeler. known to me to he the persons whose
 names are subscribed to the foregoing instrument and acknowledged to me that 5 they executed the same for the purpose
 and consideration therein expressed.
 Given under my hand and seal of Of- 2 flee. this 18th day of March. <. D.. 1909. (SeaD WIIPPERMAN. Notary Public. My Commission expires Decemmber 2i,