The Coolidge examiner. [volume] (Coolidge, Ariz.) 1930-current, 1938-04-07
ARTICLES OF INCORPORATION
OF
FARMERS ELECTRIC SUPPLY
COMPANY

PRESENTS: That we, Randolph
w. Cadborn, Sr., Of Coolidge, Pi-
nal County, Arizona, and George B.
both Of Phoenix, Maricopa County,
Arizona. have associated ourselves
together under the name and style
of FARMERS ELECTRIC SUP
PLY COMPANY, for the purpose
of becoming body corporate I'M
der and by virtue of the laws of
the State of Arizona, and in ac-
cordance with such laws, we do
hereby make, sign, execute and &C
knowledge these duplicate certifi-
Gates in writing, which when filed
shall constitute the articles of in
corporation of the within named
Company.
Article l. The name and style
of our organization shall be FARM
Frs ELECTRIC SUPPLY COM
PANY.
Article 2. The objects for which
the said corporation shall be and
is hereby organized and created
are as follows:
(A) To engage in and conduct
an electrical contracting and sup
ply business.
OBJ To buy, sell, or otherwise
acquire and dispose of any real,
personal or mixed property, of
whatsoever nature, and to own,
hold. manage, operate, rent, lease
and improve the same, as may be
necessary or convenient for the
transaction of the business of this
corporation or for any other rea-
sons.
Co To borrow money, and to
assign, pledge. mortgage, deposit
as collateral, or hypothecate any of
its properties or holdings for the
purpose of securing its promissory
notes and any other Indebtedness
for which it may contract, or 9TH
erwise incur, or for any other pur-
pose whatsoever, and to make, sign,
execute and deliver all instruments
in connection Herewith or incid-
ent thereto, and to do all such acts
and things as may be or shall be
necessary or desirable in the prop
er transaction of its business.
CD To issue full-paid nonlas-
sessable stock, or other stock,
bonds, notes, debentures, liens or
other obligations or securities for
cash, services rendered, work done,
material furnished, promissory
notes, real, personal or mixed pro-
perty, or any other thing of value
whatsoever.
(E)To do each and every thing
necessary, proper or desirable for
the accomplishment 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 to be conducive to or
expedient for the protection or
benefit of this Corporation.
Article 8. The term of existence
Of said corporation shall be TWEEN
ty-five (25) years.
Article 4. The capital stock of
said corporation shall be Twenty
Thousand (s20,000) Dollars divid-
ed into two hundred (20O) shares
OF the par value of One Hundred
($100) dollars each. All of the ca
pital stock issued may be issued
for cash, services rendered, work
done, material furnished, promis-
sorry notes. real, personal or mix
ed property, or any other thing OF
value whatsoever. All of said ca
pital stock shall consist Of common
shares.
Article s. The number of direc-
tors Of said corporation shall be
three (3) and the names of those
who shall manage the affairs of
the company for the first year of
its existence, or until their success
sors are duly elected and qualified,
are: Randolph w. Chadborn, ST.,
Coolidge, Pinal County, Arizona,
and George B. Jellison and Edward
S. Stewart, both of Phoenix, Mari
copa County, Arizona.
Article s. The principal offi' e
and place of business of said
corporation shall be Coolidge, Pinal
County Arizona, with Randolph
w. Chadborn, Sr. as agent and gen.
eral manager in charge, and the
original stock ledger and the 9TH
er original books required by the
Statutes of the. State of Arizona
shall be kept at said principal Of
flee. The annual meeting of the
Company shall be held the first
Monday in March of each year.
Article Z. The operations of said
corporation shall be carried on in
Pinal County. Arizona, and its OPP
erations shall also be conducted in
such other counties of the State of
Arizona, States of the United States
of America, foreign countries, or
other places as may be found and
deemed to be expedient and prop
er by the directors, and said cor
poration may have and maintain
one or more branch officers outside
of Pinal County and outside of the
State of Arizona
Article s. At the meetings of
the stockholders of said corpora
ton, for the election Of directors
and for other purposes, cumulative
voting shall be allowed.
Article 9. The stockholders and
directors of said corporation shall