Arizona republican., 1891-12-03
ARTICLES 0F INCORPORATION
 -OF- The Arizona Republican Company

We, Theodore J. wol1ey and States D. Morrl- son, desiring 10 incorporate ourselves, under the provisions of the laws or the Territory or Arizona, and especially an act of tho Legisla- tive assembly thereof, entitled, An Act Con corning Corporations" approved March <, 1887, for the purpose oi engaging in the lawful enter prises, business, pursuit and occupation herein. after specified, do make, subscribe and ac- knowledge according 10 law, these articles Of incorporation, and declare:
 FIRST The narie assumed by this corpora. ton and by which it shall be known is "The Arizona Republican Company" and It's princi. pal place of transeeting business is the City of Tucson, County of Pima, in the Territory of Arizona, and the time Of the commencement of this corporal shall be the day Of the filing of these articles In the office oi the county re corder, County of Pima, in the Territory of Arizona, and the termination thereof shall be twenty five (2jI years thereafter.
 SECOND. The enterprises, business, pursuit and occu patton in which this corporation pro poses to engage, Is tha: of publishing news paper. to be known and called "The Arizona Republican" and such other newspapers 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 a general job printing, engraving, lithographing and publi, cation business, and to acquire, possess, hold and enjoy, and use all kinds of property incl. de tai or convenient, or necessary in andabout | the carrying on of said business, and to buy and sell printing presses, types and all other | tools and other property convenient, or useful, or necessary in and about the said business | hereluhDONe naine1, 10 bOrrOW money ana COu- | tract to repay the same at such time or times, aud with such rate or rates Of interest as its | board of directors see It, and to bypothecnte, mortgage or pledge all or any part of the pr-,p- erty of this corporation and all or any part Of the property which this corporation may hereinafter | acquire. to secure the payment Of such money with interest or to secure the payment oi any | debt of this corporation, with such interest thereon as 1t may legally obligate itself Co pay. | THIRD. The place where this corporation will have its principal office and place Of business, is the City of Tucson, m the County Of Pima, | Territory oi Arizona.
 FoURTa The amount Of the capital stock Of | this corporation shall be fifty thousand t50gD) dollars, divided into five thousand shares of ten | 1O) dollars each, and the time when, and the condition upon which it Is to be paid are as fol. | lows, to.wit! The entire face value thereof i'm. | mediately upon making the subscription there | for.
 FIFTH. The par value of each share of the cap ital stock of this corporatitn shall be ten lO) dOllarA
 SIXTH. The highest amount of indebtedness, or liabi ity, direct or contingent, 70 which this 1 corporation at any time Is to be subjected, IS the sum of fifteen thousand l5,oOl dollars. l SEVENTH. The stockholders in this corpora. ton, and their private property shall be exempt from the corporate debts of this corporation.
 EIGHTH. fhe affairs of this corporation are to be and they shall be conducted by the board oi directors, consisting Of five persons, who shall be elected annually by the stockholders at such time and in such manner as shall te prescribed by the by Jaws Of this corporation, and all oi | 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 ofii cers and appoint such committees from theii own number to aid in the management of the business, and the conducting the affairs of the corporation as they m ay see bt, and vest in said officers and said committees nj such powers as they may deem expedient. The following named persons, who are subscribers to the cap ital stock of this corporation shall constitute the board of directors of this corporation unt
 the first Monday in Dece mber, ls2, and unti
 their successors, duly qualified, shall be elected
 to.wit Lewis wolGey, Clark Churchill, Johr A. Black, Thomas Hughes and Theodore
 wolhey. Any person ceasng to be subscribel
 shall cease to be director. and hereinafter Il
 any director shall cease to be stockholder ht
 shall cease to be n director. Vacancies in .hs
 board of directors shall be filled by the remain
 ing members of the board. Immediately, or ai
 soon as praciieable, after the filing oi tht se ar
 ticles n the office Of the county recorder Of th'
 County of Pima, Territory of Arizona, the per
 sons named herein as directors to serve unti
 the first Monday in December, 1892 unti
 their successors, duly qualified, sh all be elected
 shall meet and organize as board of di
 rectors, adopt py laws, and prescribe in ssiC
 bylaws the method of calling meetings of thu
 board of directors and stockholders. ma
 iority of said directors shall be n quorum fo the transaction of the business of said board.
 The stockho ders of the corporation are here by authorized and empowered to increase Q diminish the number of the members consti
 tuting the board of directors of this corporation by a yoye of the majority of the subscribed cap ital stock and each share subscribed or hel'
 shall entitle the subscriber therefor or holde thereof to O ae vote at all meetings of the sub
 scribers or holders of said stock, and in case tn said subscribers to or holders of the capita
 stock, shall by vote increase the number O members of the said board of directors. tn
 members of said board thus created shall eacl 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 bylaws and mak
 all rules and regulations deemed expedient fo
 the management of the affairs of this corpora F tion, and the officers thereof, not ineonsisten with inc constitution and laws of the Unite States and the laws of this Territory.
 I In witness whereof we have hereunto SC
 our hands and seals, this Fist day Of Noyembe
 THEODORE J. wOLPLEY, [seall , STATES D. MORRISON, seall