The Winslow mail., 1910-01-01

L
That we, the undersigned, have this
day associated ourselves together for
the purpose Of forming corporation
under and in pursuance of the Laws OF
he Territory Of Arizona, and for that
reason do hereby adopt the followin G
AR RrICLES OF INCORPORATION:
The name of the said corporation
shall be WINSLOW ELKS HOME AS
SOCIATION.
The names Of the incorporators are
Geo. p Sampson, w. A. Parr and W. G..
Kelly, residents of the Town of Wins
low, County of Navajo and Territory of
Arizona.
The principal place of business of the
corporation is the Town Of Winslow,
County of Navajo, Territory Of Arizona,
and Offices may be established and
maintained at such other places within
or without the Town of Winslow in
said Territory of Arizona as the Board
of Directors may designate, at which
said offices or either of them, meetings
of the Board of Directors and Stock
holders may be held.
The general nature of the business
to be transacted and the objects and
purposes for which said corporation is
formed are as follows, to-wit
To make contracts, to purchase, lease.
bond, locate, prospect, or otherwise ac-
quire, own, exchange, sell, or otherwise
dispose of, pledge, mortgage, hypothe-
cate and deal in any and all kinds of
real and personal property, including
bonds and shares of the capital stock
of its own and other corporations;
To buy, sell, own and acquire, by
purchase or otherwise, lands for town
sites or real estate of any character,
and to plat and sub-divide the Same
into town lots, and sell, bond and lease
the same
To do general real estate, manufac
turing and mercantile business
70 own, handle and control letters
patents and shares of its own capital
stock and that of other corporations,
and to vote any stock owned by it the
same as natural person might do, to
issue bonds, notes, debentures and
other evide ence of Indebtedness and to
secure the payment Of the same by
mortgage, deed of trust or otherwise;
To borrow and loan money;
To build, construct, lease, operate
and maintain buildings and dwellings;
To do anything natural person
might do;
To do anything and everything ne
cessary, suitable, convenient and proper
or incidental purposes aforesaid or the
attainment Of any one or more of the
objects or purposes herein enumerated
or incidentalto ltoanything herein contain
ed or which shall at any time appear ad
visable or expedient for the protection
or benefit of the Corporation, either as
the holder of or interested in any pro-
perty or otherwise.
V.
The amount of the capital stock of
this corporation shall be Fifty Thous-
and ($5000Gl Dollars, devided into Fifty
Thousand shares of capital st ock Of the
par value of One ($1) Dollar per share
each, which shall be paid IN, at such
times as the Board of Directors may
designate, in cash, real or personal
property, C ontracts, services, or other
valuable right or thing, for the uses
and purposes of the Corporation, and
all shares of capital stock shall,
when issued in exchange thereafter,
therenpon and thereby become and be
full raid and worcestershire forever.
and the Judgment of the Board of Di-
rectors as to the value of any property
or thing, acquired in exchange for cap
ital stock shall be conclusive
VI.
The Corporation shall commence at
at the date Of the signing of these Ar
ticles Of incorporation, and shall en-
dure for period of twenty-five years
thereafter, but it's charter rights may
he renewed from time to time before
he charter expires not exceeding
twenty-five years at time, perpetually.
VII
The affairs of the Corporation shall
be conducted by Board of Directors
of not less than three nor more than