Williams news., 1910-11-19
ARTICLES OF INCORPORATION
 OF THE Arizona and Texas Improve ment Company

KNOW ALL MEN BY THESE PRESENTS: That we, the undersigned do hereby asso- ciate ourselves together for the purpose oi forming corporation under Chapter of Title XIII, Revised Statutes of Arizona 1901, and acts amendatory thereof. and to that end do hereby adopt. sign and acknowledge the following Articles of Incorporation:
 l. The names of the incorporators are: P. A. Melick, J. H. Atwood, Matt I. Ern, J. H. Hud- son, V. H. Melick, and the name of the Corpor- ation shall be Arizona and Texas Improve
 ment Company" Its principal place If trans
 acting business shall be at Williams. Coconino
 county, Arizona. United States of America
 g. The general nature of the business to be
 transacted is in the purchase and sale of lands,
 improvement of lands, drilling water wells,
 locating and developing coal and other mineral lands, real estate business, live stock banking business, and in general, 10 do all things nee essary to the proper conduct of this corpora
 tion not inconsistent with the laws of the
 United States and the Territory of Arizona. 3. The amount of capital stock of this cor
 poration authorized shall be Twenty Five Thou
 sand Dollars (s25,O ,OOO), divided into two hundred
 and fifty shares of the par value of one hundred dollars (S1Oo.0o) each, and the time when and the conditions upon which it is to be paid in
 are: The stock shall be issued full paid at such
 times as the board of directors may designate, in exchange for cash, property, service or other
 valuable right or thing, and the judgement oi
 the board of directors as to the value thereof shall be conclusive.
 4. The time of the commencement of this corporation shall be the date of the filing of 8 certified copy of these articles of Incorporation in the office of the Auditor of Arizona, and the termination thereof shall be Twenty Years ] thereafter, with the privilege of renewal as
 provided by law.
 5. The affairs of this corporation shall be
 conducted by board of directors consisting of not less than three persons and not more than five persons, and they shall be elected by the
 stockholders for period of one year at the
 annual meeting of the stockholders in each
 and every year.
 6. The highest amount of indebtedness or
 liability, direct or contingent, to which this
 corporation is at any time to subject itself shall
 be fifteen thousand dollars ($15,OOO) not over two-thirds the amount of the capital stock.
 T.. The private property of the stock holders
 of this corporation shall be exempt from its
 corporate debts of any kind whatsoever. In Witness Whereof, we have hereunto set
 our hands and seals this 10th day of October 1910.
 P. A. MELICK, HI. HUDSON, J. H. ATWOOD, MATT I. ERN, " H. MELICK. TERRITORY OF ARIZONA,
 County of Coconino. On this tenth day of October, in the year 1910 before me, Mcdonald Robinson, Notary Pub lie in and for said Territory and County afore. said. residing therein, duly commissioned and sworn, personally appeared P. A. Melick, Matt l. Ern, V. H. Melick. J. II. Hudson and J. H. Atwood, known to me to be the persons sub. scribed in, whose names are subscribed to, and who executed the annexed instrument, and they acknowledged to me that they executed the same for the purposes and considerations therein expressed.
 In Witness Whereof, have hereunto set my hand and affixed my official seal, at my office in the said Territory and County, the day and year last above written.
 [sEALl MCDONALD ROBINSON, Notary Public.
 My commission expires March IS, 1913. TERRITORY OF ARIZONA,
 COUNTY OF CoCoNINo, I, Jesse L. Boyce, County Recorder in and for the County aforesaid, do hereby certify thai
 the within instrument was filed for record at
 80 o'clock pm. on this 18th day of October,
 1910, and duly recorded in Book number of Articles of Interpretations, Records of fCoconino
 County. Arizona, at pages 110 and III. l Witness my hand and official seal the day and
 year above written.
 | lsEALl JESSE L. BoYCE, | County Recorder. Recorded at request of J. II. Atwood, Octo-
 Der IS, A. D. 1910, at 80 o'clock p p.m., in Book number 2, Articles of Interpretations. pages 11o | and III. Records of Coconino County, Arizona. Recorder: Seel] JESSE L. BoYCE, ounty Recorder. First publication, October 9, 1910. Last publication, November 26, 1910.