The Arizona sentinel., 1909-08-05

to farm and cultivate its lands for term
oE years on Shares or partnership TO raise
1--we stock on its lands and eisewnelc, and
To make agreements with other persons
Tor term of years, shares or part
neIship, to raise such stock, and 10 10 a
general real estate business.
FOuI tll-Th2 authorized amount or
capital stock of the corporation shall be-
One hundred Thousand ($100,000.00) Dol
lars, DIVIDED into one hundred thousand
SHARES OF the par value OF one Dollar
each. All to be common stock. Said
Capital Stock may be paid into this cor
poIatIun, either III cash, or by the sale
To 1t and transferring to 1t OF real, per-
sonal or mixed property, for the use and
benefit and possession Of this corpora
ton, III 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
anu worcestershire and in the absences
OF Gctaal fraud III the ton, the
Judgment OF the directors as to the value
OF the proper ty SO purchased shall be-
conclusive.
Fifth-An stock shall be noa-assessa-
bic and shall be fully paid up before is
sued.
Sixth-Any original ssecEhoIder may,
dispose OF, bis her, Shares OF capital
stock of said corporation sspcas giving as
least sixty days notice aEt writing to th0
president and secretary Of sssiCt corpora
ion of his or heer irtepsioTS no so dis
pose of the same, and said corporations
may without further action or notice.
purchase tie same, ara cancer SalGE
shares Of capital stock. ard the same
shall iaure to the benefit OF said corpoF~
alton; Provided, that this corpOratiosI
shall have the exclusive right and priv
Ilege To purchase SHch shares of capital
stock 50 Offered Tor sale, within said
sixty days notice in writing, of has or her
intentions to sell his or her shares of said
capital stock, at twenty per cent less
than its market value; Provided, further,
that the foregoing restrictions shall ap~
ply to mortgages of shares of such capi~
r. GfO DS fNf-.1tf -sr1
SeTe1th-TlTe' time For the commences
nent OF this corporation shall be the fik<
ing of these Articles with the County
Recorder of Yuma Couatys arizona, anG
the teTmina siOn thereof twsnty-fivs
years thereafter.
Elghth-Thc affairs OF iris ersporstion
shall be conductesk By a hDsssd es thres
directors until the first Monday in Jam
Uary, 1910 when a board CT three die
rectors shall be electe1t ssOTn asn0ng the
stockholders. The following named shale
constitute the board of directors until
Their successors are efScscG so-wit:
George Fishbaugh, WipiaTa a. Miller,
The officers of said corporation until
their successors are elected shall be-
George FTshbaugh. President; William A.
Miller, Secretary and William A. Miller;
Nintl-rhe highest amount Of indebt-
edness or inability to which this corpor-
subject Itself. sha3 be- Five thousand
(S5, zoe .OG) DoiEdrs
Tenth-The private property of the
Stockholders of this corporation shall not
be liable for. and shall be exempt from
corporate debts of any ana every kind
whatever.
In witness whereof, we have hereunto
set our hands and seals, this 18th day Of
March, A. D.. 1909.
WILLIAM \. MILLER, (SeaD
NELLIE NJ. BEELER, (Seal|
Territory of Arizona
County of Yuma, IS:
Before me. H. Wupperman,. a Notary
Public in and for the County of Yuma,
Territory of Arizona, on this day person
ally appeared. George Fislrbaugh and
William \. Miller and Nellie III. Beeisr
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 18th day of March. A. D., 1909.
(SeaD WJ1PPERMAN.
Notary Public.
My Commission expires Decelnmber p,
1912.