The Winslow mail., 1924-09-26

ARTICLES OF INCORPORATION OF
CAHN-NAGLE MERCANTILE
COMPANY
Know All Men BY These Presents:
That we, the undersigned, have this
day associated ourselves together for
the purpose of forming corporation
under the Laws of the State of Ari-
zona, and to that end do hereby adopt
the following Articles of Incorpora-
tion:
ARTICLE I.
: The name of this corporation shall
be Calm NAGLE MERCANTILE
COMPANY, and it's principal office and
place of business shall be Winslow,
Navajo County, Arizona, but other Of
fees and places of business may be
established and maintained within or
outside the State of Arizona, at such
places as the Board of Directors may
designate where meetings of Stock
holders. and directors may be held.
ARTICLE II.
The general nature of the business
to be transacted is:
The engaging in and carrying on
of a general mercantile, trading and
commission business, both wholesale
and retail, in the Town of Winslow,
Navajo County, Arizona, and else
where;
To buy, sell, lease or otherwise
acquire or dispose of lands, tenements,
warehouses, storehouses, machinery of
every kind and description, cattle
sheep, horses and all other livestock,
and any and all real and personal
property, incidental to or necessary
for conducting and carrying on any
of the foregoing businesses
To purchase, sell, lease or other
wise acquire Or dispose of any other
business or businesses not herein
named, or any interest therein, as may
be deemed advisable and upon terms
and conditions as may be determined
upon;
To sell, lease, mortgage or other
wise dispose of, in whole or in part,
the real and personal property be-
longing to the corporation, and upon
such terms and conditions as may be
deemed for the best interests of the
corporation;
To loan the capital stock of the
corporation, or any part thereof, to
any person, firm, or corporation, and
TO take as security therefor lands and
chattels of every kind and descrip-
ton, and real and chattel mortgages;
To borrow money or other thing
of value upon it's capital stock, notes,
do 1nfSfcr 9TH nVTi6 nc
of Indebtedness and to secure same by
the pledge, mortgage or hypothecation
of it's property;
To do each and every thing neces-
sary, or proper, for the accomplish
ment of any of the purposes, or the
attainment of any one or more of the
objects herein enumerated, or which
SHALL at any time, appear conductive
or expedient for the protection or
benefit Of this corporation.
ARTICLE III
The capital stock of this corporation
is FIFTY THOUSAND DOLLARS, S,
divided into TEN TIL o U S A N D
SHARES of stock of the par value of
FIVE DOLLARS each, which shall be
paid in, in such manner and at such
times as the Board of Directors may
designate, in cash, real or personal
property, contracts, or any other valu-
able right or thing for the uses and
purposes of the corporation, and all
shares of capital stock, when in ex-
change therefor, shall thereupon and
thereby be and become fully paid for,
the same as though paid for in cash
at par, and shall be forever non-as-
sessable; and the judgment of the
Board of Directors as to the value of
any property right or thing, acquired
in exchange for capital stock, shall
be conclusive.
ARTICLE "
The time of the commencement of
this corporation shall be the date of
the filing of these Articles of Incor-
poration in the office of the Arizona
Corporation Commission and the re-
cording certified copy thereof in the
office of the County Recorder of Nav
ajo County, Arizona, and the termina-
ton thereof shall be twenty-five years
thereafter, with the privilege or re-
newal, as provided by law
ARTICLE V.
The affairs of this corporation shall
be conducted by Board, of, not less
than three nor more than five, direc-
tors, and such officers as they may
elect or appoint Such Directors shall
be elected from among the stockhold-
ers at the annual meeting of such
stockholders, to be held at the princi-
pal office of the Corporation, in the
Town of Winslow, Navajo County
Arizona on the third Monday of Janu-
ary, in each year.
Until the first annual meeting OF
the stockholders and until their sue
cessors have been elected and quail
fed, the following persons shall be the
officers and directors:
Chas Calm, president and treasurer
residing at Winslow, Navajo County
Arizona; Fred w Nelson, vice-presi
dent, residing at Holbrook Navajo
County, Arizona; VIM. Nagle, secre