The Arizona sentinel., 1909-06-03

10 farm and cultivate it's la-a5s for term of years cn shares or partnership to raise live stock on it's lands and elsewhere, ana to make agreements with other persons for a term Of years, On shares or part nerShip, to raise such stock, and 10 do q general real estate business.
 FourtiI-The authorized amount or capital stock of the corporation shall be One Hundred Thousand (s10O,O ,OJ0-0O) DOi- lars, divided into che hundred thousand snares of the par value of One Dollar each All to be common stock. Said Capital Stock may 1e paid into thls cor po.atOD, either in cash, CT by the sale sonal or mixed property, for the use and benefit and possession Of this corpora ton, m payment for which, shares or capital stock Of thIs corporation may be issued and the capital stock so issued shal thereby become and De, fully paid anu nOn- -assesSabIe, and in tine absence or actual fraud i'll the transaction, the judgment ot the directors as to the value of the property so purchased shall be conclusive.
 Eifth-AH stock shall be non -aSsessa- bic and shall be fully paid up before is- sued.
 Sixth-Any original stockholder may, at any time, sell, mortgage or otherwise dispose of, his or her, shares of capital stock Of said cOrpOTaticB upon giving aE least sixty days notice in writing to the president and secretary Of said corpOra- tiOn, of his or her intention tO So dis pose of the same. and said eOrpCTatIOrI may without fui sher action or notice.
 
 shares of capital stock, ard the same snail inHre t0 the benefit Of said cOrpCF- atiCn; Provided. that this coTperation shall have the exclusive right and priv Hege to purchase such shares of capital stock offered for sale, within said sixty days notice in writing, of his CT hes intentions to seil his or Ter 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 mortgages or shares of such capi- Jal stock of said corporation.
 Seven th-Tha time for the commence 1:cut Of this corporation shall be the ffl- ing of these Articles with the County Recorder of Yuma County Arizona, and the termination thereof twenty-five years thereafter.
 Fsighth-The affairs of this corporation shall be conducted by a board of three directors, until the first Monday in Jan uary 1910, when a board of fl1res di- rectGrs shall be elected from among the stockholders. The following named sslaH constitute the board Of directors until thelr successors are elected. to-Wit< George Fishbaugh, William A. Miller, and Nellie II. BeeIer,
 The officers of said corporation until their successors are elected shall he George Fishbaugh, President; William A. Miller, Secretary and William 4. Miller, Treasurer.
 csiness or liability to which this corpor- aticn al any time t0 be subject or to subject itself. snail be Five Thousand Tenth-Thc. private property of the Stockholders of this corporation shall net Ec liable for. and shall be exempt from corporate debts or 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 FTSHBAUGH, (SeaD
 WILLIAM A. MILLER (SealT
 NELLIE NJ. BEELEIi, (SealJ Territory of Arizona
 Before me H. Wiupperman, Notary Public in ard for the County of Yuma, Territory of Arizona, on this day person. ally appeared. George FiShbauSh and William A. Miller and Nellie NJ. 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 purposg and consideration therein expressed.
 Given under my hand and seal of of. flee. this 18th day of March. A. D.. 1909. (SeaD .I. WATERMAN
 Notary Public. Ny Commission expires Dcremnlter 2, 1912