The Snowflake herald., 1921-02-25

Official Seal. Done at
(Seal) the City of Phoenix, the
Capitol, this 18th day of
January A. D. 1921.
ARIZONA CORPORATION
COMMISSION
D. F. Johnson, Chairman.
Attest:
A. E. Stelzer, Secretary.
Articles of Incorporation of
the Taylor Mercantile Institution
of Taylor, Navajo County,
Arizona.
Know All Men BY These Pres
ents:
That we, the undersigned do
hereby associate ourselves to-
gether for the purpose of form
ing corporation under and pur-
suant to the laws of the STATE
OF ARIZONA, and for that pur-
pose and to that end we do
hereby make, execute, acknowl-
edge and adopt these ARTICLES
OF INCORPORATION:
Article l.
The name of this organization
and institution shall be the Tay-
lor Mercantile Institution.
Article IL.
The place of business of this
corporation within the State of
Arizona shall be at Taylor, Nav
ajo County, Arizona, and not
withstanding the fact that Tay-
lor, Navajo County, Arizona,
shall be the principal place of
conducting and transacting the
business of said corporation and
it's business, the Board of Di-
rectors shall have power to ex-
tend the business of the said
corporation into other towns and
cities of Arizona, and the said
Board of Directors shall have
power to meet at such other
places as the Board of Directors
shall determine, where all law
full business may be transacted.
Article III.
The general nature of the
business shall be a general mer-
chandise business and the said
corporation shall have the power
to own, purchase, and sell real
and personal property, to own
and operate stores, storehouses,
warehouses, Office buildings,
storebuildings or to sell or other
wise dispose of the same, to
buy, sell, trade and deal in grain,
lumber, brick, cement, hay,
flour, vegetables, hides. wool,
furs, pelts, and all other pro-
duets of farm, mill and factory,
to buy, sell, and deal in live
stock and poultry such as cat
tie, hogs, horses, asses, sheep,
mules and dairy stock, to carry
on hand and buy, sell, and trade
in, stocks of merchandise. fur
niture, hardware, drugs, build
ing materials, explosives, farm
machinery. candies. tobaccos,
notions, toys, firearms. dry
goods, boots, shoes, rubber
goods, cloth, to own, buy. sell
and trade ranches a n d farms
and to do all things in keeping
with, or in any wise or manner
necessary to the successful con-
duct of a general merchandising
business in and at any of it's
places of business in the State
Of Arizona.
Article ".
The authorized amounto of capi-
tai stock of this corporation
shall be in the amount of Twen-
ty-fve Thousand Dollars $685. !
OOO.OO) which shall be divided
into Five Thousand $1,000
shares of the par value of Five
Dollars (S5. OO) each. which shall
be paid for in full at such time
as the Board of Directors may
designate, in cash, real or per-
sonal property, service, lease,
or any valuable right or thing
for the uses of the corporation;
and all shares of capital stock
when issued in exchange there
after shall thereupon and there
bv become and be fully paid, the
same as though paid for in cash
at par. and shall be non-assessa-
bic forever, and the unanimous
Judgment of the Board of Di-
rectors as to the value of any
property right, or thing ac-