Arizona republican., 1915-02-27
ARTICLES OF INCORPORATION OF LAS PALMAS vERDES FARMS
 COMPANY.

1 1 PORTER, have associated and do hereby associate ourselves together for the purpose of forming a corporation under the laws of the State of Arizona, | and in accordance herewith do hereby adopt. sign and acknowledge the fol- i lowing as the Articles of such corpora l tion:
 1 ARTICLE I.
 1 Tine names, residences and post of 1 flee addresses of the corporators are as l follows:
 LEROY ANDERSON, residence and post office address, Prescott, County of Yavapai, Arizona:
 ROBT. K. PORTER, residence and post office address, Prescott, county of Yavapai Arizona.
 l The name Of the corporation shall be LAS PALMAS, VERDES FARMS l COMPANY, and it's principal office ans place of transacting business shall be in the City of Phoenix. County of Marioopa. State of Arizona. with branch offices and places of business at any other place or places in any of | the states, territories, colonies or de- rendencies of the United States, in the District of Columbia, or in any foreign countrY, as may be designated and es- | tablished from time to time by the !, Board of Directors of the corporation hereinafter provided for
 ARTICLE II.
 The general nature of the business proposed to be transacted and carried on is as follows:
 The buying, selling, leasing, bonding, working. tilling and cultivating, devel- i opns and improving, and preparing for market of lands and the doing of any and every thing, and the transaction ] of any and every business which may ! he deemed by the Board of Directors necessary. requisite. useful, convenient, | incidental ar auxiliary to the general purposes Of this corporation.
 In furtherance and not in limitation of the general powers herein set forth, this corporation shall have power Ca Subject to the provisions of law to acquire by purchase or otherwise. ] and to sell. dispose of, reissue and otherwise deal in the stock of this or any other corporation.
 (b) To lay out, plot and improve ad- ditions to and sub-d divisions of cities, 1 towns and townsites. and to buy. sell. exchange and generally deal in the same.
 tc) To borrow money and execute 1 notes, bonds. mortgages or deeds of trust to secure the same
 (d) To buy. sell. exchange and gen.
 orally deal in office buildings store
 buildings, dwelling houses, barns, Wa | ter-rights and privileges to build. to
 construct, operate maintain, lease and
 sell dwelling houses apartment houses and business blocks of all kinds and
 descriptions; to maintain a general real
 estate agency and brokers business, including the right to manage estates
 to act as agent. broker or attorney in fact for any person or corporation. to
 make and obtain loans upon real estate improved and unimprovei, and to su- pervisc. manage and protect such prop
 ertv and loans. and all interests or
 claims affecting the same; to improve.
 manage, operate, sell, mortgage, lease
 or otherwise dispose of any property l itdl bi I'tiSpilil, anu tdkt lllDfISiStS
 and assignments of mortgages upon the
 same.
 | (e) To make and enter into contracts
 pertaining to the business of the cor
 poration in all parts of the United
 States, and in foreign countries: also to apply for and obtain, accept and utilize, franchises and concessions from governments. states and municipalities in connection with the carrying out oI
 tine general purpose for which the cor poration is organized.
 In general, to do all of the things
 herein mentioned as fully and to the
 same extent as natural persons might
 or could do. and in any part of the world having and exercising in these
 respects all of the powers conferred upon corporations of this class Dy the laws Of the State of Arizona; it being
 hereby expressly provided that the
 foregoing numeration of specific pow CTS ahall be construed both as objects and powers and shall not be held to limit or restrict in any manner the , powers of the corporation.
 ARTICLE H.
 The amount of capital stock of the
 corporation shall be One Hundred
 Thousand Dollars (S100, ,00000) divided
 into one hundred thousand U00,600) shares of the par value of One Dollar
 (s1.o0) each, which when issued, shall
 be fully paid and on-assessable. Said
 capital stock shall be issued upon such
 terms and conditions and at such times as the Board of Directors may deter mine or prescribe. and the same may be : issued in exchange for property, con , tracts. services or other benefits ac- Crung to the corporation afS the Board l of Directors may in their judgment de-
 terminc.
 . ARTICLE ". 7 The time of the commencement ot 7 this corporation shall be the date wher 7 the certificate of incorporation is issued to said corporation by the Corporation : Commission of the State of Arizona 7 and the said corporation. unless re , newed. shall terminate twenty five t25) years thereafter but the same may be renewed from time to time as now pro- vided by law so as to make the same perpetual.
 } ARTICLE V. The affairs of this corporation shal be conducted by Board of not les. than five t5) nor more than nine t9) ? who shall be elected from among th' stockholders annually at the annua ! [ y,,o oatf NhA tlI iv,t