The Coconino sun., 1913-01-24
Articles of Incorporation of Chino Valley Land & Cattle
 Company

| hereby associate ourselves to- gether for the purpose of forming a corporation under and pursuant to the provisions of Chapter 70 oi the Session Laws of the regular session of the first legislature of the State of Arizona for the year 1912 and the Acts amendatorv thereto and for that purpose do hereby agree upon and adopt the following articles of incorporation.
 ARTICLE l.
 The name of this corporation shall be Chino Valley Land & Cattle Company.
 ARTICLE II.
 The names, residences and post office addresses of the incorpora- tors are as follows: C. C. Hutchinson, Flagstaff, Coconino county, State of Arizona. T. E. Pollock, Flagstaff, Coco nino county, State of Arizona.
 D. J. Brown, Ash Fork, Yava- pai county, State of Arizona.
 ARTICLE III.
 The principal place of business of this corporation shall be at its office in the Town of Flagstaff, County of Coconino, State of Ari- zona. Branch office or offices may be established by the Board of Directors at any other place in the State of Arizona.
 ARTICLE W.
 The general nature of the busi- ness to be transacted and carried on by this corporation is: I. The purchasing, leasing and otherwise by any and all lawful means acquiring cattle, horses, mules and other livestock, the running and maintenance thereof, and the sale or other disposition of the same, together with the increase, hides and other products and byproducts thereof.
 ?. The sale for others, upon commission of all kinds of live stock, and the products and byproducts thereof. 3. The leasing to others of all kinds of livestock.
 4. The purchasing, leasing and acquiring bv any and all lawful means ranges, ranches and any and all kinds of real property, water, water rights, and personal property of every sort and de- scrlPtion that 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 of its property to such extent and at such times as it's stockhold- CTS may see fit.
 6. To do all and everything necessary for the accomplishment of any of the purposes or the furtherance of any of the powers hereinbefore set forth either as principal or agent.
 ARTICLE V.
 The time of commencement of this corporation shall be the date of the issuance to 1t of certifi- cate of incorporation by the Ari- zona Corporation Commission and shall terminate twenty-five years thereafter.
 ARTICLE VI.
 The amount of the capital stock ot this corporation shall be One Hundred and Fifty Thousand ($I5o, ,ooo) Dollars, divided into shares of the par value of One Hundred (SIoo. .oo) Dollars each. Such stock shall be issued under the direction of the Board of Di- rectors and shall be fully paid for at the time of delivery.
 The Board of Directors may authorize and cause stock to be issued in exchange for real or per sonal property and on the ludg- ment of the Board of Directors as to the full value of such property shall, in the absence of fraud, be conclusive.
 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 meeting of the stockholders held on the first Tuesday in the month of January of each year beginning with the year 1914.
 ARTICE VIII.
 The private property of the stockholders shall be forever exempt from corporate debts of and kind whatsoever.
 ARTICLE TX.
 The officers of this corporation