The border vidette., 1927-02-26
ARTICLES OF INCORPORATION
OF
CITIZENS INVESTMENT COMPANY.

KNOW ALL MEN BY THESE PRE-
SENTS, That we, the undersigned,
having associated ourselves together
for the purpose OF. forming q corpora
tion under and by virtue OF the laws
of Arizona, hereby adopt the following
Articles of Incorporation:
ARTICLE I. The name of the corpor-
alton snail be: CITIZENS INVEST
MENT COMPANY. and it's principal |
place of business shall be Nogaes. Ari |
zona, but other Offices may be estab- |
lished and main aimed within or outside |
of Arizona at such places as the Board |
Of directors may Designate. where
meetings of stock b folders aud directors
may be held.
ARTICLE Il. The general nature OF
the business proposed to be transacted
shall be rs follows: To purchase. own,
hold, sell, improve, lease and otherwise
deal in real and personal property Of
every kind and character; TO buy. erect.
manage, operate, care for and main.
tain, extend and alter or otherwise &C.
quire buildings of all descriptions and
the appurtenances thereof; to own, con-
troll, use. appropriate and otherwise
acquire, water, water rights. bitches,
fumes, ditch rights. farming land and |
ranches, with full power 10 sell. lease
or otherwis., dis : ose of the same; to
carry on and conduct any and all char.
tile enterprises; to carry on the bnsi-
ness of growing. prod ucing. feeding.
fattening and generally dealing IN cat
la NJ hor fu Nf NJ n
tion; to own, control and operate cat
tie and livestock farms. ranches and
ranges of every kind either within'or
without the State of Arizona; to do a
general real estate, insurance and
brokerage business and to act as agent,
broker and attOrney.in fact for any
person or corporation; TO buy, sell,
own, vote and otherwise control shares,
stocks and bonds of other corporations;
to draw, accept, endorse. discount, bny,
sell and deliver bills of exchange, pro-
missory notes, bonds, indentures, cOn.
pons and other negotiable instruments
and securities; to give. security and
guarantees for the payment of money
or the performance of any obligation
or undertaking; to acquire. improve,
| manage, work, develop, exercise all
| rights in respect of. lease, mortgage.
sell, dispose of. turn to account and
otherwise deal with property of all
kinds and in particular relating to
lands, buildings, business concerns,
| farming, ranching and undertakings;
| to enter into any arrangements with
/ any authorities municipal, local or
otherwise that may seem conducive to
| the Company's objectives or any of
them and to obtain from any such gov
ernment or authorities any rights,
| privileges and concessions which the
company may think it desirable to
obtain, to carry out, exercise and COM
! ply with any such arrangements, rights,
privileges and concessions; and this
corporation may purchase and sell its
own stock, and may borrow and loan
money, execute notes and bonds, oper
ate hotels, inns, restaurants, eating
houses; lease, sell, mortgage, incum-
ber and hypothecate any or all OF its
property, real and personal, and to
perform all other deeds, acts and things
incident or convenient to its general
business. 1t is the intention that each
OF the objects, purposes and powers
specified in each of the paragraphs OF
this second article of this Certificate Of
Incorporation shall, except where other
wise specified, be nowise limited or re.
stricted by reference to or inference
from the terms of any other paragraph
or of any other article in this Certifi-
cate of Incorporation, but that the OBJ
jects, purposes and powers specified in
this article and in each of the articles
or paragraphs of this Certificate shall
be regarded as independent objects.
purposes and powers. and the enumera-
ton of specific purposes and powers
shall not be construed to restrict in
| any manner the general terms and
powers of this Corporation, nor shall
the expression of one thing be deemed
to exclude another, although it be OF
like nature.
ARTICLE III The authorized capital
stock OF the corporation shall be Five
Hundred Thousand Dollars $500, ,O0O.-
| OO), divided into Five Thousand f5000).
| shares of the par. value of One Hun
dred Dollars ($lOO OO) each, which shall
be paid for at such times and in such
manner as the Board of Directors may
designate. All or any portion of the
capital stock may be issued in payment
for real or personal property, services,
or any other right or thing of value
LOT tuc uS0S duu puCPOScS VI tuO COt'.
poration. and when so issued shall be-
come and be ull.pad, the same as
though paid for in cash at par; and the
directors shall be sole judges of the
value of any property right or thing
acq uired In exchange for capital stock.
No shares of capital stock shall be is
sned until fully paid for and thereafter
shall be non. .assessable.
ARTICLE ". The commencement of
the corporation shall be the day these
articles are filed in accordance with
law. and the termination thereof shall
be twenty five years thereafter, with
privilege of renewal as provided by
| stature.
ARTICLE Y The affairs OF the cor.
poration shall be conducted by Board
| of Directors and such officers as the
said directors may elect or appoint.
The number OF directors shall be de-
signsted by the stock holders and shall
be elected from among the stockholders
| - 70 h<. hnId