The Coconino sun., 1912-01-19
Articles of Incorporation of the Grand Canyon Sheep
 Company

ton under ana pursuant 10 the laws of the Territory of Arizona, and for that purpose do adopt the following articles of incorporation.
 Article 1.
 The name of this corporation shall be Grand Canyon Sheep Company.
 Article II.
 The principal office and the principal place of business of this corporation shall be at the town of Flagstaff in the county of Coco nino, territory of Arizona.
 Article III.
 The purpose of this corporation and the principal nature of the business proposed to be trans acted by it is:--
 CD The purchasing, leasing and otherwise by any and all law ful means acquiring sheep, cattle, horses, mules and other live stock, the running and mainten- ance thereof, and the sale or other disposition of the same, to- gether with the increase, wool, pelts, hides and other products and by products thereof.
 (2) The sale for others, upon commission, of all kinds of live stock and the products and by products thereof.
 (3) The leasing to others of all kinds of live stock.
 (4) The purchasing, leasing and acquiring by any and all law ful means ranges, ranches and any and all kinds of real prop erty, water, water-rights and per sonal property of every sort and description which in the judgment of its board of directors may be desirable for the carrying on and maintenance of its general busi- ness.
 (5) To mortgage or pledge any or all its property to such extent and at such times as its stockholders may see fit.
 (6) To do all and everything necessary, suitable or proper for the accomplishment of any of the purposes or the furtherance of any of the powers hereinbefore set forth either as principal or agent. The time of the com mencement of this corporation shall be the day on the filling of these articles in accordance with law and the termination thereof shall be twenty five years there after, with privilege of renewal and right of perpetual succession as provided by law.
 Article W.
 The amount of the capital stock of this corporation shall be two hundred thousand CS2ooooo.oo) dollars divided into shares of the par value of One hundred (SIoo. oo) dollars each. The said capital stock shall be fully paid at the time of the filing of these articles as provided by law.
 Article V.
 The highest amount of indebt- edness or liability, direct or con- tingent, to which this corporation shall at any time be subject is one hundred and thirty thousand (SI3oooo.o oo) dollars and which said amount does not exceed two- thirds of the amount of the capi- tai stock.
 Article VI.
 The names of the persons uniting to form this corporation are C. C. Hutchinson, Harvey Hudspeth and T. E. Pollock.
 Article VII.
 The prudential and business affairs of this corporation shall be conducted by board of directors consisting of three persons who shall be elected at the meeting of the stockholders held on the first Monday in the month of Jan uary of each year, beginning with the year 1913.
 Article VIII.
 The private property of the stockholders shall be exempt from corporate debts of any kind 
 Article TX.
 The officers of this corporation shall be a president, vice-presi- dent, general manager, secretary and treasurer. The same person may be chosen to fill any two offices.
 Article X.
 The following named persons have been selected and shall con- ll