The Arizona sentinel. [volume] (Arizona City [Yuma], Yuma County, A.T. [Ariz.]) 1872-1911, 1909-07-29

| TO farm and cultivate its lands for term
| OF years ON shares or partnership to raise
| live stock on its lands and elsewhere, and
to make agreements with other persons
Tor term OF years. on shares or part
nership, to raise such stock, and to do a
general real estate business.
Fourth-The authorized amount OF
capital stock of the corporation shall be
| One hundred Thousand (S100, 000.00) DoI-
| shares OF the par value of One Dollar
! each. All to be common stock. Said
| Capital Stock may be paid into this cor
poratlon, either In cash, or by the sale
10 it and transferring to it OF real, per-
Sonal or mixed property, for the use and
Lbeneflt and possession of this corpora
| capital stock of this corporation may be-
| issued, and the capital stock so issued
snail thereby become and be-, fully paid
| and worcestershire, and in the absence
| OF actual fraud in the transaction, the
! judgment of the directors as to the value
OF the property so purchased shall be
Fifth-An stock shall be non-assessa-
bic and shall be fully paid up before is
sued.
| Sixth-Any original stockhOIder may,
at any time, sell, mortgage or otherwise
dispose of, bis or her, Shares Of capital
stock of said corporation upon giving at
| least sixty days notice IN writing to the
president and secretary Of said corpora
ton, of his or her intentions 30 so dis
pose of the same, and said corporation
| may without further action or notice,
purchase the same ana cancel said
shares of capital stock. and the same
shall inurc to the benefit OF said corpor-
| alton; Provided, that this corporation
shall have the exclusive right and priv
ilege to purchase such shares of capital
stock SO offered for sale, within said
/ sixty days notice in writing, OF his her
liz mentions to sell his or her shares of said
than its market value; Provided, further,
! that the foregoing restrictions shall APP
| ply to mortgages of shares OF such CAPT.
| tai stock Of said corporation.
! SeveHtb-TLe time for the commence
nent of this corporation shall be tbe fiji
ing of these Articles with the County
the termina ton thereof twenty-five
years thereafter.
EighthEThe affairs of tsis cooperation
directors. until the firss Monday IN jan
| uarys 1910, when b0ord OF three dir
reet2rs shall be ELECTED frew among the
constitute the board of directors until
Their successors are elected. totWits
The officers of said corpc--,ton until
their successors are elected SiSsrfr- be
George FisiTbaugh. President; William A.
Miller, Secretary and William A. Miller,
| Treasurer.
| NintEl-The highest amount Of indebt-
alton at any time TO be subject or to-
subject itself, shall be Five Thousand
| t$5 000.GG) Dollars.
| Terth-The private property of the
stockholders of this corporation shall not
be liable for, and shall 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.
GEORGE PISHBAUGH, (SeaD
| WILLIAM A. MILLER, fSea1
NELLIE NJ. BEELER, (SealJ
Territory of Arizona - y
County of Yuma, SIS:
| Before me, III. Wupperr1an, a Notary
Public inc and for tire County of Yuma,
Territory of Arizona, on this day person.
ally appeared. George F1sfbaugh and
William A. Miller and Nellie NJ. Beeler,
known to me to be the persons whose
names are subscribed to tire 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 II. WUPPERMAN.
Notary Public.
MY Commission expires Decs1nrber 70,