Graham guardian., 1910-02-11
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 a corporation uEder the
Jaws Of the Territory OF Arizona, and we here
by certify:
ARTICLE ONE
That the names of the inc operators are Will
lam Ellsworth, w. l.. Ne son William John,
II: Iohn. Adam Welker, G. NJ. Layton and
]. K. We ker.
ARTICLE TWO
That the name Of the Q, rroration is a I" d shat
be J r Welker and Company. and that its
principal p ace of traRsacting buaincss is SAT-
ford, Grahem County, Arizona Territory, and
that IL NAV maitai a d carry on bust ess in
any state Territory of the United States, or in
the Republic OF Mexico, and that branch fices
may be estab ished at such place or PAGES as
the Board OF Director may direct
ARTICLE THREE
The general nature of business proposed to
be transacted nv said corporation Is:
To manu- acrure, purrhas", ho d. own mort
gage, pledge, Sc !, trans er or in al, manner
dispose of AID deal trade in, go DIS, wares
and merchandise of every class and deScrip
ton, both wholesae and retail: the terms
"goofs, wares and merchandise "a here used
shall include personal property OF every kird
and description.
To take. hold, own. deal in. mortgage, or
otherwise lien, lease, sell, exc hange ansfer,
wherever tuate
To acquire the good will, rights and property
Of any person. firm, OF ass >cati IN, or CO. IRA
tion, and to oay for the same in cash. stock of
this corporation. or otherwise, aud 10 car on
and conduct in VIII L. r In part, business
so acquired and TO exercise al the p wers nee
Q sNfy or 'xpedien' or nven'ent in or ab ut
the conducting and mauagemt Mt of srch busi-
ness,
To acquire, purcha ., hold, SCI, assign. rams
fer or market, pledge or dtsp Sc o. shares of
1 ~ .,~,,, t.1- -. L. e
Indebtedness created BY an. corporate n or
corr orations, and W lie the holder of such
tOck or G Nidences of l debted css 20 exercise
al tn rights and privi eges of ownership there
{, and to the same ext mt that a natural person
might or uld do
10 purchase, ense exchange. hire or ther-
wise acquire any and a rights, privi eges,
terms or franchises suitable or conve lie for
any purp ses OF its business or of ary business
that 1t ay acquire. and o erect and construct,
make, improve aid or subscribe toward the
constructs n, masirg and improving mi S,
fa, tori buildings and'works and to ma nain
and operate" the ame. T" a"qnire purchase,
hold. sell, or ortgage any and all kinds of min
| G properly, and conduct nd operate any and
al kinds of mining business. To make, enter
into and p rtorm contracts of every sort and
kind, W tn any in1ividua,, firm. association or
corporation, privare, pub ic or municipal
make draw. acre t. endors', dis ouni,
pTomisSory notes, RATS, bills of cha ge,
wnrra Is, DO ds, debentures and other nego'
able lnstrnme Is. capable ot being tran fe red
u i,sue nd Sc a | any part u capita,
stn"' ray drbpntnreS or other evid noes Of
debtedness auth rized by its Board of Direc
ths. in paym NJ Tor the goo wi rights, bust
ess, persoi al ir perty. real estate. options, or
leases there H. # ny pers n firm association
or corporaH n, and the Judgment ut the hoard
of Direct RS, a. tn the val',' OF Id go wi
nights, husi ess, real estate persn. property.
opt ms, eases thereon, ur co tract sha |. in the
absence of fraud. be exclusive
TO guarantee payments oi dividends or inter
ct on shares, st, cks, de er lures or con
tract ob igatin issued by or entered into by
any oth'r corp rration. or by itse f. whenever
proper or II cessary { the business OF this cor
p tioT
v ho'd, purchase or re issue ard sell shares
of its capital stock. and to do al and every
thing necessary. suitable. or proper for the ae-
complishment of a"y OF the purposes. or the at
tainment of any one or more OI the objects here
in enumerated, or which shall, at IN, time ap-
pear conducive or expedient for the tranSa2-
tinns or benefit of the corporation either MS
holder or owner of or as in crested In any prop
erty whatever and to do any and all things
rein set forth. to the same exit mt that natural
persons might or could do.
he objects herein specified shall in no wise
be limited or restricted by reference to OF by
in f renee from the terms Of any ether para
graph or clause, and the objects pecifed in
each of the clanses of these Articles and the
powers scrIbed In or lnCide ia to each o. the
paragraphs herein shall be regarded as indie
pendent obiecls and powers.
ARTICLE FOUR
That the amount of capital stock of this cor.
p0ration shall be Fifty Thnusand IS 0OOO 0O)
Dollars, div det into Five Hundred 800 shares
of One Hundred lsl0OO0 DO,ars per share.
That Twenty Thousand (sl0,0000 DOllars of
said capital stock shall be fully paid up at the
commencement of this corporal on, and the re-
maining capital stock shall be paid up within
such time or times the B ard of Directors
shall determine; stock may be sold for money
services, or stock or property OF other corpora.
tons, ar anything value. ~
ARTICLE FIVE
That the time of the commencement of this
corporation shall be of and from the 2lth Gay
of January, A. ID 1910. aud shatl Xist for a
period oi twenty five t2i1 yeas from said date,
and the corporation shall have the right tp r
new a I'd extend its corporate existence for a
anu after the expiration of the SAID first period
ARTICLE SIX
That the ma agement ana c0ntr ii of the busi.
ness, pro erty and affairs Ut this corporation
shall be vested in and conducted by Bosri of
Five t5l Directors, who shall be elected annual.
ly on the third Monday OF January at the annual
meeting of stockholders, except the first Board
of Directors, which snail consist of William
El lswOrth, w. l.. Nelson, W. IL. John, G. NJ.
Layton and r Welker, who shall hold office
as director. until the inual meeting of stock
holders 10 to h Id in the year 1911. aud until
their successors are elected ami quaiihe The
/ first annua meeting of stOckhuiders shall be
held on the third MOnuay in Janual A. ID 1911,
aud on said date IN Zach year thereafter The an
uu meeting ~ stICkhO,der shall he he q
The corporation shall have q president, vice
president secretary. and such other officers as
the Board of Directors may from time 10 time
d EN- expedicRt Doth the said officers nud
director sha hold Office for a term ui one
year, iT IN ana after election aud qua idcatjon,
,l. gI...l-