Arizona republican., 1921-08-01
Legal AdUertising

 ARTICLES OF INCORPORATION
 OF THE ARIZONA PIMACOT-
 TON GROWERS
 A CoOperative 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 a non profit, cooperative marketing association, under the Co-Operative Marketing Act of the State of Ari- zona.
 ARTICLE I
 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 co-operatively; to minimize spec ulation and waste in the production and marketing of cotton and cotton products: to stabilize cotton markets; to handle comparatively and collec- 
 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 its members, and in the financing oi 1 any of the said operations, and in thf 1 securing and handling of labor fol and in connection with any of these l operations.
 c. To purchase and sell cotton ol 1 cotton seed or cotton products of iti members. and to purchase and sell te l its members machinery, equipment ol supplies used in any of the above l mentioned activities, either by the as 1 sociation or by the members thereof D. To borrow money and to make advances to the members of the asso- ciation
 E.. To lend money to the members of the association, in connection with any of the said activities, upon any adequate security, and to accept a, 1 collateral for any such loans, ware house receipts. crop mortgages, chat I tel mortgages, deeds of trust, or an, | other kind Of property or securit, | permitted by law.
 F. To endorse, guarantee the pay l ment of, or to secure in any way commercial paper or negotiable in struments signed by any member o the associat ton. in connection witt any of the above mentioned activities
 G. To sell issue, discount or bor row money upon any commercial pa I per or negotiable instruments o promissory notes, or warehouse re
 ceipts, moneys, or bonds. or any oth
 CT kind of property or security own
 ed by or under the control of the as
 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 a
 rights of ownership, sell. transfer o pledge shares of the capital stock 0 , bonds. or securities of any corpora f ton or association engaged in tn :. ginning, processing. or grading, C
 storing. or financing. or marketing C
 any cotton or cotton products. in fur therance of any of the above men
 toned activities.
 fl J. To buy, hold, lease, construc : contract for the use Of and exercis
 all privileges ot ownership over sue
 real or personal property as may |
 necessary or convenient for the cor n duct and operation of any of the bus [ ness of the association.
 fl K. To acquire, own, and develc | any interest in patents, trademark | or copyrights. connected with tf z handling or marketing of the cotto 1 or cotton products of the associate
 or its members.
 l.. And to do each and everythir Il necessary, suitable or proper, in u ... l: T.
 citation, anywhere throughout u = world, for the accomplishment of ar of the purposes or the attainment ! any one or more of the objects her
 in enumerated or which shall at al
 time appear conducive to or expedie : for the interests or benefit of tn 2 association and the members theret T and to cont act accordingly. oI The Arizor Pimacotton Grove y. shall make ne profits from any of n activities, but all of it's operatio = shall be for the mutual benefit
 it's members only, and shall be CO., r.. erative in character, and shall GOV Id Pima cotton or any other variety |. type of cotton that it's members m [ produce, and all seed or produc If thereof.
 The operations and activities i' this association shall be limited e activities arising out of the harves if ing, ginning, processing, gradiI = shipping, stori1g financing, war
 housing, handling and marketing = the cotton. cottonseed, or cotton pro h. ucts of the association and of If members only. and to the financf = of any of the said operations Or
 it's members.
 " The association shall not be pc ly mitted to buy or sell cotton exec O., from and for it's members only, a If on a standard cooperative basis. - shall not buy any cotton whatsoeN = from members, or be permit ar, to go into the open market to If cotton or any cotton seed or colt - products whatever.
 The association is expressly forb er den to do anything with the intt sst or effect of lessening the use of Ito consumption of any cotton; or of ] If strictions or limiting commerce in a S. product; but this association shall ND everything within it's power to p 'S. vent speculation in the handling .S. cotton, and cotton products. and