The copper era., 1910-05-27
ARTICLES OF AGREEMENT,
INCORPORATING
w. A. LINES Il COMPANY,

Know All Men By These Presents: That we
W. A. Lines, NJ. Lines and R. NJ. Kelly all
residents of Graham county, Territory of Ari-
IONA, for the purpose OF forming corporation
under the laws of the Territory of Arizona,
and for that purpose and by these presents, do
adopt the following Articles of Incorporation:
Article l. Ths Corporation hereby created
shall bear the name of W. A Lines & Company.
Article Ill The company shall keep it's
principal office at Morenci Arizona, and may
keep other offices at Clifton, Arizona, at which
place or places all incorporators, stockholders
and directors meetings may be held and all
business may be transacted.
Article III. The duration of this company S
existence shall be for twenty-five years from
and after the date of its incorporation, but its
charter rights may be renewed before its char
ter expires from time to time for periods not
exceeding twenty-five years at a time, per-
petually.
Article ". The object, pursuits and general
nature of the business to be transacted by this
Corporation is to carry on Dairy Business in
Arizona, to buy, lease or rent real estate and
personal property which may be necessary to
carry said business, to buy and sell live
stock or to hire or let same on share or for
money.
To borrow money and secure the payment OF
same or any Indebtedness by note or mortgage
deed of trust or pledge of the property of the
company, any part thereof
| To engage in the purchase and sale of cattle
for dairy purposes, and generally.
To do and perform all such acts as the Board
of Directors may deem necessary aud proper
to effectuate the objects and purposes of said
company.
Article V. The amount of the Capital Stock
of this Corporation shall be Twenty-Five Thous-
and Dollars. divided into fifty shares of the pal
value of Five Hundred Dollars per share and
said Capital Stock shall be paid up at the date
of issuance or at such time as the Board OF
Directors may designate, in money, property
labor or any other valuable thing, and the
| judgment of the Board of Directors as to the
value thereof shall be conclusive.
Article VI. The affairs of the corporation
shall be managed by Board of Directors
elected from the stockholders thereof by the
stockholders on the first Monday in the month
of April each year, who shall hold for one yeal
until their successors are duly elected and
qualified.
Article VII. The number and kind of officers
of this company shall he as follows, to-wit:
First a Board of Directors; Second, a Presi.
dent; Third, Vice-President; Fourth Secre-
tary; Fifth, a Treasurer, who shall have such
authority and perform such duties, respective
ly. as usually appertain to such officers in SINH
lar associations. or such may be prescribed
| by the Board of Directors.
Article VIII. The highest amount of in.
debtedness or liability that this corporation
shall subject itself shall not exceed Five
Thousand Dollars
Article TX. The private property of the
stockholders of this Corporation shall be ex-
empt from all corporate debts
| The Board of Directors shall have power to
make bylaws and re guatiOnS for fully CARRYING
out the objects of the company.
In Witness Whereof we have hereunto set
our hands and seals this 18th day of March,
1910. W. A. LINES, (SeaD
r NJ. KELLY, (SeaD