The Winslow mail., 1924-10-03

the purpose of forming corporation
under the Laws of the State OF Arl-
zona, and to that end do hereby adopt
the following Articles of lncorpora-
tion:
ARTICLE I.
The name of this corporation shall
be CALM NAGLE MERCANTILE
COMPANY, and its 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 W1nslow,
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;
H. nfh
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 its capital stock, notes
bonds, mortgages or other evidences
of Indebtedness and to secure same by
the pledge, mortgage or hypothecation
of its 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
shall, at any time, appear conductive
or expedient for the protection OF
benefit of this corporation.
ARTICLE III.
The capital stock Of this corporation
is FIFTY THOUSAND DOLLARS
divided into TEN TIL SAM
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 Nv.
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 a 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.