The Parker post., 1918-08-03


dealers in meat, live cattle and sheep,
and also that of dealers in cattle and
sheep generally.
rs To acquire by purchase or
otherwise, cattle-ranches and sheep
ranches, ind to carry on the trades or
! businesses of cattle raisers and sheep
farmers, dealers in hides, fat, tallow,
grease and other animal products,
and slaughtering cattle, swine, sheep
and other animals used for food.
! 8. To build, construct and erect
all buildings necessary and essential
to the carrying on of the general
purposes of the corporation.
9. To make contracts, and to do
as fully and to the same extent as
natural persons might or could do,
and all of the things herein set. forth,
either as principals, agents, contract
ors, trustees or otherwise, and either
alone or in company with other per
sons, associations or corporations.
10. In general to have and exer-
else with respect to all things, powers,
privileges and immunities conferred
upon corporations of this class by
the laws of the state of Arizona, and
to carry on any business in cOnnec-
tion Herewith, not inconsistent with
the laws of the United States and the
state of Arizona
ARTICLE V.
The amount of the capital stock OF
this corporation shall be $50, 1000. 90.
divided into five thousand $4,000
shares of the par value of Ten Dollars
| ($10.00) each, and the same when
issued shall be forever fully-paid and
non On-assessable.
Said shares shall be issued at such
| time or times, and upon such terms
| and conditions, as may be provided
by the board of directors Of the cor
pOratiOn, and such stock may be ex-
changed for property, either real or
personal, or for benefits accruing to
the corporation, or for services rem
dered to the corporation, in any man
ner of form whatever, as said board
of directors may determine, and in
the absence of actual fraud in the
transaction, such determination of
the board of directors shall be final,
ARTICLE vi.
The time of the commencement of
this corporation shall be the day upon
which a certified copy of these arti-
cles of incorporation from the Arizo-
ma Corporation Commission shall be
recorded with the recorder of Yuma
county, state of Arizona and the ter
mination thereof shall be twenty
! five (25) years thereafter with priv
| ilege of renewal, as provided by law
ARTICLE VII.
The management and control of
the business, property and affairs of
this corporation shall be vested In
| board OF directors consisting of five
CD members, who shall be elected
from among the stockholders of rec
ord at the regular annual meeting
of the stockholders, which said meet
ing shall be held on the first Mon
day in June of each year, and said
directors shall hold Office for one CD
year, or until their successors are
| elected and shall have qualified.
Any vacancy which may occur in
said board Of directors, shall be filled
| by election by the remaining mem
| bers Of said board from among the
stockholders of record Said board
of directors shall have power to es-
| tablish bylaws, and make any and
all rules and regulations necessary
for the conduct and management of
| the affairs Of the corporation, not in
consistent with law or with these
articles of incorporation.
Until the first annual meeting of
stockholders, the following named
persons shall constitute the board of
directors Of this corporation, to-wit:
j. F. Raney, Celia Raney, Theo-
dore Hodson, C. E. Phelps, W. w.
Johnson
ARTICLE VIII.
The officers Of this corporation
shall be President, Vice-President,
Secretary and Treasurer, and the Of
flee of secretary and treasurer may
be held by the same person; together
with such other or additional officers
as the board of directors may deem
necessary or essential. All officers
are to be elected by the board of
directors from among the stockhold-
ers at the annual meeting Of said
board of directors, which said meet
ing shall be held as soon as possible