Graham guardian., 1910-02-04
First publication Jan. 2S--6t
ART CLES OF Incorporation
OF
J. R. Welker and Company

KNOW ALL MEN BY THESE PRESENTS:
That we. tn undersigned, have this day vol
UNFAIRLY associated ourselves together for the
purpose of forming corporation under the
laws of the Territory of Arizona, and we here
by certify:
ARTICLE ONE
That the names of the inc rporators are Will
lam Ellsworth, W. L. Ne son William John,
W H John. Adam Welker. G. N. Layton and
]. K. We.ker.
ARTICLE TWO
That the name of the corporation is ar d shall
be j. r. Welker and Company. and that its
principal pace of traIsacting business Is SAT.
ford. Graham County. Arizona Territory, and
that 1t NAV maintain ard carry on business In
any state or Territory OF the United States. or In
may be estab ished at such place or aces as
the Board OF Director may direct
ARTICLE THREE
The genera, nature Of business proposed to
be transacted bv said corporation Is:
To manufacture, purchas", hold, own, mort
gage, pledge, sell trans er or in any manner
dispose of aud deal a d trade in, goods, wares
and merchandise of every class and descrip
tiOn. both wholesale and retail; the terms
goods, wares and merchandise a. here used /,
sliall include personal property OF every kind
and description.
10 take. hold. own. deal in. mortgage, or
otherwise lien, lease, sell, exchange. tansfer,
or in any manner dispose Of real property
wherever stnate
To acquire the good will. rights and property
OF any person, firm. OF association. or COZ pora-
tion, and to pay for the same In cash, stock Of
this corporation, or otherwise, aud to car on
and conduct, In whole or in part, g business
so acquired, and TO exercise al the prwers nee
e sary or Axpedient or C nvenient In or about
the conducting and management of such busi-
ness
To acquire, purcha.e e, hold sell. assign. ,rans
fer or market pledge or disp Sc OF shares Of
the capita stock, bonds or other evidences OF
Indebtedness created BY an corporate n or
corr oIations, and lie the holder of such
stocR or evidences of Il debted ess 20 exercise
all tn rights and privi eges of ownership there
Cf and tO the same ext, mt that natural perssn
might or cpuld do
To purchase, ease. exchange. hire or other
wise acquire any and al rights, privi eges
terms or franchises suitable or cOnve fer for
any purpo ses OF its business or OF ghy business
that 1t may acquire, and 10 erect and construct
make, improve aid or subscribe toward the
construction. making and improving mi ls,
factories buildings and works. and to maintain
and operate the same To acquire, purchase,
hold. sell or mortgage any and all kinds of min.
1 property, and conduct rnd operate any and
all kinds of mining business. To make, enttr
and Stm o sSit anq
corporation, private, pub ic, or municipal
10 make, draw. accent, endorse, dis oun',
promissory notes, crafts, bills OF change.
warra is, bo DIS, debentures, and other negoti-
able instruments, capable OF being transferred.
To Issue and Sc i a or any part OF Us capital
stock, or any dPbentures or other evidences OF
Indebtedness authorized by its Board of Difec-
tors. in payment tor the good Will. rights, bust
ness, personal property, real estate, options, or
leases thereon. Of ny person, firm association
or corporate n, and the judgment OF the Board
of Direct RS, as tn the valh' OF Id god will.
rights, business. real estate. persona property,
options, leases thereon, or contract shall in the
absence of fraud. be conclusive.
To guarantee payments OF dividends or inter
est on shares, stocks, dehentures or any con
tract obligation issued by or entered into by
any other corporation, or by itse I, whenever
proper or necessary tor the business OF this cor
pOratior
of its capital stock. aud to do all and every
thing necessary, suitable, or proper for the ac-
Complishment of any OF the purposes or the at
tainment of any one or more OF the objects here
In enumerated, or which shall, at any time ap-
pear conducive or expedient for the transac-
tiuns or benefit of the corporation either rs
holder or owner of or as Interested In any prop
erty whatever and to do any and all things
h rein set forth, TO the same extent that natural
persons might or could do.
The objects herein specified sha In no wise
be limited or restricted by reference to or by
in I, renee from the terms of any other para
graph or clause, and the objects pecified In
each of the clauses of these Articles and the
powers d scribed In or incidenta TO each o. the
paragra phs herein shall be regarded as indie
pendent objects and powers.
ARTICLE FOUR
That the amount of capital stock of this cor
poration shall be Fifty Thoussnd $4,000 0O)
Dollars, div ded into Five Hundred l5UO) shares
of One Hundred (si00.0O) DO, ars per share.
That Twenty Thousand ts1O, ,0O0OO) Doilars OF
said capital stock shall be iully paid up at the
commencement OF this corporation, and the re-
maining capital stock shall be paid up within
such time or times as the b ard of Directors
shal determine; stock may be sold for money,
services, OF stock or property of other corpora
tions, ar anything of value.
ARTICLE FIVE
That the time of the commen cement of this
corporation shall be Of and from the l,h cay
of January, A. D 1910, and shall cXist for q
period oi twenty-five t2il years from said date.
and the corporation shall have the right to :
new q d extend It, corporate existence for a
further perl d OF TIVE ty-hye t25) Yeas rom
ami after the ex xpiration of the said first period
ARTICLE SIX
That the ma agement ana control If the busi-
ness. pro erty aud affairs # this corporation
shall be vested In and conducted by a Hoari I
Five t5l Directors, who sha be electei annual
y n the third Monday OF January AT IN ann a
n, Getting OF stockh ders, except the hr,t b ard
of Directors, which nail cnhsist of William
Il sworth, w l. Mel on, W. II I'm, q N
I4stssxs ~fAsa W. narss$ w sSIH I ailif