Arizona republican., 1914-06-24

ARTICLES OF INCORPORATION
 OF THE MlRAMoNTE RANCH CON-
 PANY
 KNOW ALL MEN BY THESE 1 PRESENTS, That we, whose hands | are hereunto affixed do hereby asSo- 1 Ciate ourselves together for the pur- pose of forming a corporation under i the laws of the State of Arizona, and to that end make the following dec- l;,ration and statement:
 FIRST The names of the in- corporators are: w. B. TWITCH ELL, whose residence and postoffice address is Phoenix, Arizona. and WALDO C. MITCHELL, whose residence and postoffice address is Phoenix. Arizona. The name of this corporation shall be THE MIRA MONTE RANCH COMPANY, and the principal place of business of said corporation is Phoenix. Mari copa County, Arizona, but said cor poration may establish branch of fees either within or without the State of Arizona, where meetings of it's Board of Directors may be held for the transaction of any of it's business
 SECOND: The general nature Of the business to be transacted by this corporation is as follows:
 To make contracts; to purchase, lease, acquire, own, possess. sell. convey, mortgage, transfer, exchange, dispose of property real, personal and mixed, necessary or convenient iE the transaction of it's business; and to pledge, mortgage, hypothe- cate, bend and issue debentures on all or any of it's property; to raise. buy, sell, own and deal in any and all kinds of fruits and farm produce and farm products, and in connection herewith, to erect buy, own, control, operate or dispose of canneries, pack ing-houses, and all kinds of ma chinery, equipment and factories fo.' 1 the preparation, manufacture and | handling or disposition of fruits and | all manner of farm produce and farm products, and in general 10 have and exercise all such powers and to do
 
 the full and proper conduct of the l business of this corporation in the State of Arizona and elsewhere not inconsistent with the laws of the United States and laws of the State of Arizona as fully and freely as a natural person might have, exercise or do.
 | THIRD: The authorized amount of capital stock of this corporation shall be One Hundred and Twenty Five Thousand Dollars (s125, ,0OO) di- vided into one hundred and twenty five thousand Q25,0OO) shares of the par value of One Dollar (s1.00) each. Said capital stock shall be paid into this corporation immediately upon subscription therefor, either in cash. ! service, or by the sale and transfer to it of real, personal or mixed pro- perty. for the uses and purposes of said corporation, in payment for which. shares of the capital stock of this corporation may be issued. and the capital stock when so is sued shall thereupon and thereby be- come and be fully paid up and non- assessaDle, and in the absence of actual fraud in the transaction or the disposition of the capital stock of the corporation, the judgment of the directors as to the value received therefor shall be conclusive, and the time when and the conditions upon corporation shall be paid in shall be fixed and determined by the Board of Directors.
 FOURTH: The time of the com mencement of this corporation shall be the date of the filing of these articles of incorporation in the of flee of the Corporation Commission of the State of Arizona and the termination thereof shall be twenty five years thereafter with the privi- lege of renewing the same for a like term
 FIFTH: The affairs of this cor poration shall be conducted by a Board of Three Directors, and the following named persons, who are subscribers to the capital stock of said corporation, shall constitute the first Board of Directors until their successors are duly elected and qual- flied: w. B. Twitchell. Wm. E Sharps. Waldo c. Twitchell. The Board of Directors shall be elected from among the stockholders of this corporation on the third Monday of January of each year. There shall be President, Vice-President. a Secretary and a Treasurer of this corporation. The President and Vice President shall be elected by the Board Of Directors from atnone themselves, but the Secretary and the Treasurer may be non- members of the Board and shall be appointed by the Board The office of Secre- tary and Treasurer may be consoli- dated and filled by one person 1T , the discretion of the Board of Di rectors. The following named per