Arizona republican., 1921-07-29

l. V.
 Phone 1925 tfI ARTICLES OF INCORPORATION
 OF THE ARIZONA PIMACOT-
 TON GROWERS
 A Co-Operative Marketing
 Association
 We. the undersigned, all of whom are residents and citizens of the State of Arizona, engaged in the produce tion of agricultural products, do here by voluntarily associate ourselves to- gether for the purpose of forming non profit, cooperative marketing association, under the Go Operative Marketing Act of the State of Ari- zona.
 ARTICLE
 The name of this corporation shall be THE ARIZONA PIMACOTTON GROWERS.
 ARTICLE II
 The purposes for which this asso- citation is formed are:
 A. To promote foster and encour- age the business of marketing cot ton o-operatively; to minimize spec ulation and waste in the production and marketing of cotton and cotton
  to handle comparatively and collec- lively the problems of cotton growers.
 B. To engage in any activity in connection with the harvesting, gin- ming. grading. handling. processing, storing, shipping. warehousing and marketing of. cotton or cotton prod ucts of the association and of it's members, and in the financing Of any of the said operations, and in the securing and handling of labor for and in connection with any of these opera tions.
 c. To purchase and sell cotton or cotton seed or cotton products of its members, and to purchase and sell to | it's members machinery, equipment or supplies used in any of the above mentioned activities either by the as- | sociation or by the members thereof. D. To borrow money and to make 1 advances to the members of the asso- ciation
 l E. To lend money to the members of the association, in connection with any of the said activities, upon any I adequate security, and to accept at l collateral for any such loans, ware | house receipts, crop mortgages. chat 1 tel mortgages, deeds of trust, or any l other kind of property or security permitted by law.
 F. To endorse guarantee the pay ment of, or to secure in any way commercial paper or negotiable in | struments signed by any member ol the association. in connection witf any of the above mentioned activities
 G. To sell issue, discount or bor- l row money upon any commercial pa per or negotiable instruments oI r&ruv @ F,.tc v-A. l ceipts, moneys. or bonds. or any oth- l CT kind of property or security own ed by or under the control of the as l sociation.
 H. To act as the agent. represent. ative, factor or broker of the mem | bers. in any of the above activities.
 I. To purchase, or otherwise ac quire, and to hold, own, exercise al rights of ownership. sell. transfer O pledge shares of the capital stock o , bonds. or securities of any corpora tion or association engaged in tn ginning. processing. or grading, 0 . storing. or financing. or marketing o any cotton or cotton products in fur therance of any of the above men toned activities.
 l, J. To buy. hold, lease. construc f contract for the use of and exercis
 
 real Or personal property as may
 necessary or convenient for the con f duct and operation of any of the busi : ness of the association.
 K. To acquire, own. and develo
 any interest in patents, trademark z or copyrights. connected with tn f handling or marketing of the cotto . or cotton products of the associatio ], or it's members.
 . l.. And to do each and everythin : necessary, suitable or proper. in tf
 judgment of the directors of the asst . | citation. anywhere throughout tf q world. for the accomplishment of ar of the purposes or the attainment { ! any one or more of the objects her' q in enumerated, or which shall at ar ! time appear conducive to or expediel r. for the interests or benefit of tn : association and the members thereo 2. and to contract accordingly. If The Arizor a Pimacotton Grove ' shall make nc profits from any of i = activities, but. all of its operation l. shall be for the mutual benefit T. it's members only, and shall be COO If erative in character, and shall GOV = Pima cotton or any other variety = type of cotton that it's members m; " produce, and all seed or produe y thereof.
 }, The operations and activities If this association shall be limited = activities arising out of the harves = ing, ginning, processing, gradir r, shipping, storing. financing, war If housing. handling and marketing = the cotton, cottonseed. or cotton pro ucts of the association and of
 members only and to the financi
 of any of the said operations Or 1 it's members.
 = The association shall not be pc = mitted to buy or sell cotton exec er, from and for its members only, a st on a standard cooperative basis. to shall not buy any cotton whatsoev II from non members, or be permit s. to go into the open market to b ID cotton or any cotton seed or cott $, products whatever.
 $, The association is expressly forbi E. den to do anything with the inte If or effect of Iessening the use of . consumption of any. cotton; or of strictions or limiting commerce in a NE product; but this association shall ct. everything within it's power to p e. vent speculation in the handling w cotton, and cotton products, and II secure fol it's members fair pr . for thefr cotton, or cotton produ . in the markets of the world: and ND increase the sale, use and consun ng. tion of cotton and cotton. produ' or by all possible commercial and m II chandising methods; and to use ev All possible means to improve the s' ge. ply and to extend and increase ter. l demand for cotton and cotton pr If ucts
 . This association shall have and ,5.. ercise all powers, privileges, 'OS rights authorized by the laws of
 Sta+n and all nnWerS and r.ichfs ir