Mohave County miner., 1911-07-01

I U ., aUUpT the following Articles of Incorporation:
 ARTICLE l. | The name of this corporation shall be- | CLAY SPRING CATTLE COMPANY. | and it's principal office and place of trausactiug business shall be at Kiugman. Mohave County. | Arizona. with such branch offices and places of business elsewhere. within or without the Ter | ritory of Arizona. as the Board of Directors. hereinafter provided for. may designate and establish.
 ARTICLE Il.
 The general nature of the business proposed to be transacted by this corporation is as fol- l lows:
 To raise acquire. buy. own. sell. slaughter. dispose of and otherwise deal in cattle. horses sheep and any and all kinds of live stock and domestic animals. and the keeping and main tainiuR of cattle grazing ranges The acquiring. constructing. operating maintaining and disposng of springs water rights. pine lines. ditches. dams and reservoirs | for conducting, storing and distributing water.
 The acquiring. owning. maintaining and dis posing of ranches. farms and any and all kinds of property. real. personal and mixed. To make contracts. to borrow money. and is ne ro'eS. mortgages or other evidences of indebtedness to secure the payment of the s me To loan money upon good nd su q cient security tn be approved by the Board of Direc- ters. and discount notes To acquire. transfer. lease. mortgage and exchange real and per soual property and all their incidents and ap- purtenances in the Territory of Arizona and elsewhere
 To engage in and transact a mercantile busi- ness; to maintain slaughter houses: and gage in any and all kinds of business neces- sary or incidental to the carrying out of the purposes for which this corporation is form ed.
 To purchase. acquire. sell and otherwise deal in the capital stock of this and other poratious.
 In general to do each and every other act and thing which may be necessary or advantageous in carrying out the business of this corpora tiou. not inconsistent with the laws of the United States and the Territory of Arizona.
 ARTICLE III.
 The capital stock of this corporation shall be the sum of One Huudred and Twenty Thou sand Dollars tSl2lO0Ol. divided into two thou sand four hundred (2+OO shares of the par value of Fifty Dollars 80 each. which when issued shall be fully paid and forever nOu-as- SeSsable. Said stock shall be issued upon such terms and conditions. and at such times as the Board of Directors may determine. and the same or any part thereof may be issued in eX- change for property. contracts, services or other benefits Of any kind or character. and in the absence of actual fraud in the transaction the judgment of the Board of Directors as to the value of the property. contracts or other benefits, or of services rendered. shall be con elusive upon all persons
 ARTICLE ".
 The time of the commencement of this cor poration shall be the day upon which a certi- fled CODY of the Articles of Incorporation filed in the office of the Auditor of Arizona. and tile termination thereof shall be twenty-five years thereafter. with privilege of renewal as provided by law.
 ARTICLE V.
 The affairs of this corporation shall be con ducted by a Board of not less than three nor more than seven Directors. who shall he elect ed from among the stockholders of the cor poratiou at the annual meeting thereof. which shall be held at the principal office of the Com pany at Kiugman. Arizona. on the second Mon day in January of each year. Said Di ectors when SO elected shall hold office until their successors are elected and qualified, and any vacancy in said Board shall be filled hy election by the remaining members of the Board from among the stockholders of the corporation. The Board of Directors shall have power to establish By Laws and make rules and regula tious for the conduct and management of the affairs of the corporation. not inconsistent with the law and these Articles
 Until the first annual meeting of the stock holders the following persons shall constitute the Board Of Directors of this corporation: William Grounds IT,. Samuel F. Crozier and Carrol W. Davis.
 The officers of th1s corporation shall be a President. Vice President, Secretary and Treasurer. together with such additional Of- ficers the Board of Directors may deem necessary for the proper transaction Of the business Of the corporation; said officers shall be elected by the Board of Directors from among the stockholders of record Of this cor pOration at it's annual meeting. which shall be held as soon as practicable after the annual meeting Of the stockholders. Until their sue ceSsors are elected and qualified. the follow ing named persons shall constitute the ofic- CTS Of this corporation:
 President --.-....-.. WILLIAM F. GROUNDS JR. Vice President eco. .... .SAAII FL F. CROZIER. seer etary and Treasurer ...- CARROLL W. DAVIS.
 ARTICLE VI.
 The highest amount of indebtedness to which this corporation shall at any time 'ublect it. self is the sum of Eighty Thousand Dollars. The il Ldebtedness of the Company may be se- cured by mortgage trust deed or lien or any character upon all or any part of the property Of the Company, in such form and manner as the Board of Directors may determine.
 ARTICLE VII.
 These Articles of Incorporation may be amended by a two thirds vote of the OutStand ing capital stock of the corporation at any regular meeting of the stockholders. or at any 1ecial meeting called for that purpose.
 ARTICLE VIII. The private property of the stockholders Of | this corporati0n shall be and is hereby made forever exempt from liability for the corporate debts of the corporation of any ch Iracter IN WITNESS WHEREOF. We have hereunto set our hands this 10th day of June l9ll-
 WILLIAM F. GROUNDS. JR.
 CARROLL w. DAVIS. TERRITORY OF ARIZONA. SS
 County of Mohave. Before me. c. W. Herndon. Notary Public l in and for the County of Mohave, Territory of | Arizona. on this day personally appeared Will | liam F. Grounds Jr and Carroll W. Davis, to me known to be the persons whose names are subscribed to the foregolng instrument and acknow edged to me that they executed the | same for the purposes and consideration there | IN WITNESS WHEREOF, have hereunto | set my hand and seal of office this 10th day of tSean C.w. HERNDON, 1
 Notary Public. My commission expires March 26, 1914. First insertion June 24-29 July.
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