Arizona republican., 1891-12-04
ARTICLES OF INCORPORATION
1.-The Arizona Republican Company.

We, Theodore J. Wolney and States D. Morri- son, desiring to incorporate ourselves, under the provisions of the laws of the Territory Of Arizona, and especially an act of the Legisla- tive assembly thereof, entitled, "An Act Con corning Corporations" approved March $, 1887, for the purpose of engaging in the lawful enter prises, business, pursuit and occupation herein after specified, do make, subscribe and ac. knowledge according to law, these articles of incorporation, and declare;
 FIRST. The name assumed by this corpora tiOn and by which it shall be known is "The Arizona Republican Company" and its princi. pal place of transacting business is the City of Tucson, County of Pima, in the Territory Of Arizona, and the time of the commencement of this corporation shall be the day of the filing ot these articles in the office of the county re corder, County Of Pima, in the Territory of Arizona, and the termination thereof shall be twenty five (25l years thereafter.
 SECOND. The enterprises, business, pursuit and occupation in which this corporation pro poses 10 engage, Is ths: Of publishing news paper to be known and called "Tho Arizona Republican" and such other newspapers as the board of directors of thi corporation shall here matter desire 10 publish, 10 carry on the busi' ness of publishers generally, to do general job printing, engraving, lithographing and publi cation business, and to acquire, possess, hold and enjoy, and use all kinds Of property incl. dental or convenient, or necessary in andaoout the carrying on of said business, and 10 buy and sell printing presses, types and all other kinds Of apparatus, implements, furniture, tools and other property convenient, or useful,
 
 hereinaboye named to borrow money and cou- tract to repay the same at such time or times, and with such rate or rates of interest as It's board of directors see ft, and to nypothecate, mortgage or pledge all or any part Of the prop erty of this corporation, and all any part Of the property which this corporation may hereinafter acquire; to secure the payment ot such money with interest, or Co secure the payment of any debt of this corporation, with such interest thereon as it may legally obligate itself Co pay.
 THIRD. The place where this corporation will h.xs f.a1 1pN arth III nf atn Is the City of Tucson, in the County of Pima, Territory of Arizona.
 FoURTH The amount of the capital stock of this corporation shall be fifty thousand t5O,OVO) dollars divided into five thousand shares of ten l lO) dollars each, and the time when, and the condition upon which it is to be paid are as fol lows, to-wit; The entlre lace value thereof I'm mediately upon making the subscription there for.
 FIFTH The par value of each share of the cap | itsl stock of this corporation shall be ten l0) dollars
 SIXTH. The highest amount of indebtedness or liability, direct or contingent, to which this | corporation at any time Is 10 be subjected, Is | the sum of fifteen thousand (lb,OOO) dollars. SEVENTH The stockholders in this corpora | ton, and their private property shall be exempt | from the corporate debts Of this corporation. | EIGHTH. The affairs of this corporation are to | he and they shall be conducted by the board of | directors, consisting Of five persons, who shall | be elected annually by the stockholders, at such | time and in such manner AS shall be prescribed | by the bylaws of this corporation, and all Of whom shall be subscribers to the capital stock | of this corporation, and hereinafter no person snail be eligible to the office of director unless | he isa stockholder in the corporation provided, | that said board of directors may elect such ofh | cers and appoint such committees from their | own number to aid in the management Of the | business and the conducting the affairs Of the corporation as they sy see ft, and vest in said | officers and said committees all such powers as
 they may deem eXpedient. The following
 named persons, who are subscribers to the cap I gfaI nf hal n ta
 the board of directors of this corporation until the first Monday In Dece mber, 1892, and until
 their successors. duly qualified, shall be elected,
 to-wit: Lewis wolhey, Clark Churchill, John | A. Black, Thomas Hughes and Theodore J..
 Wolhey Any person ceasing to be subscriber shall cease to be director. and hereinafter fl any director shall cease to be stockholder hc
 shall cease to be director. Vacancies in :he | board of directors shall be filled by the remain ing members of the board. Immediately, or as
 soon as practicable, after the filing of these ar
 tices in the office Of the county recorder Of the
 County of Pima, Territory of Arizona, the per.
 sons named herein as directors to serve until
 the first Monday in December, ;s92, until
 their successors duly qualified, shall be elected,
 shall meet and organize as board of di.
 rectors, adopt Dy laws, and prescribe in said
 bylaws the method of calling meetings of the
 board of directors and stockholders. A ma
 jority of said directors shall be a quorum for
 the transaction of the business of said board.
 The stockholders of the corporation are here
 by authorized and empowered to increase or
 diminish the number of the members consti'
 tuting the board of directors of this corporation
 by vote of the majority of the subscribed cap
 ital stock, and each share subscribed or held
 shall entite the subscriber therefor or holder
 thereof to o1e vote Ut all meetings Of the sub
 scribers or holders Of said stock, and in case the
 said subscribers to or holders of the capital
 stock, shall by vote increase the number oi members of the said board of directors, the
 members of said board thus created shall each have the same powers as each of the five mem , bers of said board created by these articles.
 The board Of directors of this corporation shall have power to establish by laws and make ali rules and regulations deemed expedient fol , the management of the affairs of this corpora , tion, and the officers thereof, not ineonsisten with the constitution and laws Of the United [ States and the laws of this Territory.
 In witness whereof we have hereunto SC
 our hands and seals, this 2lst day of November
 1891. =,
 STATES D. MORRISON, tseall