Arizona republican., 1911-09-15
PROPOSED ARTICLES
 OF PRODUCERS CD.
A Meeting For Organization Will Be
 Held Tomorrow.

The farmers and other producers of
 the valley will hold another meeting in the Water Users building tomorrow, Saturday afternoon, at o'clock, when the matter of organizing for the se-
 curing of better markets, will come regularly before them by the report of the committee appointed to prepare articles of incorporation. The com mittee has its work in order and will present a set of articles. the salient features of which are set forth in the following. The articles are subject to amendment by the meeting if it sees fit, this being merely the working mod
 el, but it rep~sen' S the best thought of the committee, after the discussions of previous meetings.
 The producers find themselves in this situation. They cannot proceed to organization and the sale of stock un- til they have subscribers to their cor porations and they cannot get the sub scribers until they can tell what the articles will contain. In that respect it is different from an ordinary cor poration formed by half dozen men who are agreed as to what they want. In this instance it is desired to secure a plan that will suit practically everybody. wherefore the necessity of working things over, which makes or ganiZatiOn a slow process. At the pres ent time the producers have a pre- liminary organization, merely for a head to things, though quite likely it nil he ac the articles are agreed to and signed.
 The articles In question provide that the name shall be the Arizona Pro- duce Company and that its capital stock shall be s250,0OO, shares S10 each, which shall be paid in as the board of directors shall designate, cash or in exchange for other things of value. The company shall have the usual officers and directors, though the number of the latter is left for later determina- ton. The highest amount of indebt- edness the corporation may assume is s165. 900. and other details are in the usual form employed in Arizona.
 The purpose of the corporation is | set forth in Article II as follows: The | general nature of the business pro posed to be transacted is: To estab- ! fish a union market in the city Of PhOe- | nix. MaricOpa county, and elsewhere: | to carry on the business of retail and | wholesale merchants, importers, eX- porters. distributors, and to buy and | sell produce and food products of all | kinds and descriptions: to acquire , lands and concessions and to occupy, | use, improve. work. lease and dispose . of the same; to deal in and with real | estate in any and every manner what E soever; to handle and deal in live . stock, ostriches, poultry and fowls of all kinds: to produce, deal in and dis l. tribute dairy, farm. ranch and poultry products of all kinds: to erect, conduct and dispose of cold storage and ice 7lants, and to deal with and distrib- | Ute the products thereof; to conduct a . general commission business in live . stock. agricultural and horticultural :, products; to acquire, erect, maintain, occupy, lease and dispose of buildings ! and plants of all kinds; to own and | establish. use and deal with transpor
 tation facilities ot all kinds; to do a T general manufacturing and mercantile ! business; to own, handle and control | letters patent inventions and franchis-
 $; to purchase, own or control, and . cancel or reissue shares of its capital | stock of other corporations; to issue 1 bonds, notes. debentures and other evil dences of indebtedness and to secure | the payment of the same by mortgage, | deed of trust, or otherwise, and to ex- ercise in respect thereto. and to all | shares of capital stock and other se-
 cnrities and obligations, any and all | the rights, powers and privileges of , natural person; to act as agent, trus-