Arizona republican., 1891-12-01
ARTICLES OF INCORPORATION "Yhe Arizona Republican Company

We, Theodore J. wolnoy 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 nc. knowledge according to law, these articles of incorporation, and declare;
 FIRST, The name assumed by this corpora lion and by which it shall be known Is "The Arizona Republican Company" and its princi. pal place of transactng 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 of these articles in the office of the county re corder, County of Pima, in the Territory of
 Arizona, and the termination thereof shall be twcrty- five l25I years thereafter
 SECOND. The enterprises, business, pursuit and occupation in which this corporation pro. poses Co engage, is tha. Of publishing news
 paper, to be known and called "The Arizona Republican" and such other new spapers as the board of directors of thi corporation shall here matter desire to publish 10 carry on the busi- ness of publishers generally, to do general job printing, engraving, lithOgral hing and publi. cation business, and to acquire, possess, hold and enjoy, and use all kinds of property incl dental or convenient, or necessary in andabout the carrying on of said business, and to buy and tell printing presses, types and all other kinds Of apparatus, implements, furniture, tools and other property convenient or useful,
 
 hereinnboye named; to borrow money and cou- tract Co repay the same at such time or times, and with such rate or rates Of interest as its board of directors sec iit, and to hypotheCate, mortgage or pledge pll or any part Of the pr-p- erty of this corporation, and all orany part Of the property which this corporation nay hereinafter acquire; 10 secure the payment of such money with interest, or to secure the payment Of any debt Of this corporation, with such interest thereon as it may legally obligate itself to pay. THIRD. The place where this corporation will hau .rft tnkf 1lta AV,1s ,l
 Is the City Of Tucson, in the County of Pima, Territory oi Arizona.
 FoURTh. The amount oi the capital stock Of this corporation shall be fifty thousand tJ0oOOl dollars, divided into five thousand shares Of ten tlO) dollars each, and the time when, and the condition upon which tt is to bt paid are as fol- lows, to-wit: The entire face vHlue thereof i'm mediately upon making the subscription there for
 FIFTH. The par value of each share of the cap ital stock of this corporation shall be ten lO) dollars.
 SIXTH. The highest amount of indebtedness, or labi ity, direct or contingent, to which this corporation at any time IS to be subjected is the sum of fifteen thousand Q5,g0l dollars. sEyEsrH. The stockholders in this corpora
 lion, al their private property shall be exempt
 from n corporate debts of this corporation.
 EIGHTH. The affairs of this corporation are to be 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 an l in such manner as shall be prescribed by the Jy-laws of this corporation, and all of whom nall be subscribers to the capital stock of this corporation, and hereinafter no person snail bt eligible to the office Of director unless he iss sioekholder in the corporation; provided, that saic board of directors may elect such off cers and appoint such committees from their own nu nber to aid in the management of the
 business and the conducting the affairs of tho corporation as they may see iit, and vest fin said officers aud said committees all such powers as they may deem expedient The following named srsons, who are subscribers to the cap ital stocg of this corporation shall constitute the board of directors of this corporation until | the first Monday in Dece mber, 1892, and until their succcssors duly qualified shall be elected,
 to.wit: Lewis wolaey, Clark Churchill John | A. Black, 1homts Hughes and Theodore J. Wolney. Any person ceasing 70 be subscriber shall cease to be director. and hereinafter if any director shall cease to be stockholder he shall cease to be a director. Vacancies in The board of directors shall be filled by the remain | ing members of the board. Immediately, or as
 soon as acticabIe, after the filing of the SC
 tcles 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, 1892, 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. ma jorty of said directors shall be q quorum for | the transaction of the business of said board. The stockho ders of the corporation are here
 by authorized and empowered to increase or diminish the number Of the members consti-
 tuting the board of directors ot this corporation, by q vote of the majority of the subscribed cap ital stock, and each share subscribed or held shall entitle the subscriber therefor or holder thereof to o ae vote at all meetings Of the sub
 scribers or holders of said stock, and in the | said subscribers to or holders of the capital stock shall by vote increase the number of
 memb bers of the said board of directors. the members of said board thus created shall each have the same powers as each Of the i've 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 all rules and regulations deemed expedient for | the management of the affairs of this corpora | tion, and the officers thereof, not inconsistent with the constitution and laws of the United States and the laws of this Territory.
 In witness whereof we have hereunto set our hands and seals, this Fist day Of November,
 THEODORE J. wOLFLEY, Jseall STATES D, MORRISON, tseall