The Winslow mail., 1918-01-11
ARTICLES OF INCORPORATION.

KNOW ALL MEN BY THESE
PRESENTS: That we, R. L. New.
man, a resident of Holbrook, County
of Navajo, State of Arizona, and Rob.
ert B. Walton, resident of Winslow
County of Navajo, State of Arizona
and Irene Newman, a resident of Hol
brook, Navajo County, State of Ari
zona, and Josephine M. Walton, a res
ident of Winslow, County of Navajo
State Of Arizona, do hereby associate
ourselves together for the purpose O.
forming a corporation under and b,
virtue of the laws of the State of Ari
zona, and we do hereby certify and de
clare as follows, towit:
ARTICLE I.
The names Of the corporators ar,
as follows, towit: r. L. Newman
Robert B. Walton, Irene Newman
and Josephine M. Walton; that tht
name of the corporation shall be, anc
is, THE DIGGER CREEK CATTLE
COMPANY; and that the principa
place in which the business of sale
corporation is to be transacted in Ari
zona shall be, and is, the Town of Hol
brook, County of Navajo, State O.
Arizona.
ARTICLE II.
The objects for which said corpora
tion is formed and organized, and tn,
general nature of the business pro
posed to be transacted by this corpo
ration are as follows, towit: To own
sell, raise, trade and deal in, cattle
sheep, horses, mules, goats, hogs, ano
all classes and kinds of live stock
to acquire by purchase or otherwise
and to own, sell, buy, convey, hold
lease, mortgage, or cucumber real es
tate and other property, personal OF
mixed; to borrow money by mortgag,
or other charge, to issue bonds or 9th
er evidences of Indebtedness, subjec
to action of the Corporation Commits
sion of the State of Arizona, to sell
dispose Of, or cucumber all, or any
part of the property of the company
subject to the limitations hereinafter
prescribed; to make contracts, to pur
chase, lease, locate, or otherwise ac-
quire, own, exchange, sell, pledge
mortgage, hypothecate, and deal il
any and all kinds of real and persona
property; to own, buy, sell, and han
die shares of it's own capital stock an(
that of other corporations; to make
all contracts and agreements necessa
ry or proper in the premises; and, il
general, to do and perform such act,
and things and transact such business
in connection with the foregoing OBJ
jects, not inconsistent with law, ir
any part of the world, as the Boarc
of Directors may deem to the advan
tage of the corporation.
ARTICLE III.
The capital stock of the corporation
shall be Twenty-Five thousand anC
no 100 ($25, 5,00O.00) Dollars, divided
into two hundred and fifty (25O,
shares of the par value of One Hun
dred and no 100 ($1OOOO) Dollars
each, which shall be paid in, at sucF
time as the Board of Directors may
designate, in cash, real, or persona
property, service, lease, aption to pur-
chase, or any other valuable right OF
thing, for the uses and purposes OF
the corporation, and all shares of cap
ital stock when issued in exchange
therefor, shall thereupon and thereby
become and be fully paid the same as
if paid for in cash at par, and shall
be on-assessable forever, and the
Judgment of the Board of Directors as
to the value of any property, right
or thing acquired in exchange for cap
ital stock shall be conclusive.
ARTICLE w.
The commencement of the corpora
tion shall be the date of the issuance
to it of certificate of incorporation
by the Arizona Corporation Commis-
sion, and it shall endure for the fl
term of twenty-five years thereafter
with privilege of perpetual succession
as provided by statute.
ARTICLE V.
The affairs of the corporation shall
be conducted by Board of Directors
and such officers as the said directors
may elect or appoint; and the number
of directors shall be not less thar