Arizona republican., 1891-12-22
ARTICLES OF INCORPORATION
 -OF- "The Arizona Republican Company

We, Theodore L wolhey and States D. Morrl- 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 cerning 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 10 law, these articles of incorporation, and declare:
 FIRST. The name assumed by this corpora ton and by which 1t shall be known is "Ihe 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 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 twenty five (2jl years thereafter
 SECOND. The enterprises, business, pursuit and occupation 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 newspaper us 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, lithugraphing and publi. cation business, and to acquire, possess, hold and enjoy, and use all kinds of property incl. dt ntal or convenient, or necessary in andAbout 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, or necessary in and about the said business herelnaboye named; to borrow money and cou- tract to repay the same at such time or times, and with such rate or rates or interest as its board of directors see it, and to hypoihecate, mortgage or pledge all or any part of the prop erty oi this corporation, and all or any part of the property which this corporation may hereinafter acquire; to secure the payment of sucn money with interest, or tO secure the payment of any debt of this corporation, with such interest thereon as 1t may legally obligate itself to pay THIRD. The place where this corporation will have its principal office and place of business, Is the City of Tucson, Tn the County Of Pima, Territory of Arizona.
 FoURTH. The amount of the capital stock of this corporation shall be fifty thousand (5O,0O0) dollars, divided into five thousand shares of Ien tiO) dollars each, and the time when, and the condition upon which tt 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 corporate shall be ten tlO) dollars.
 SIXTH The highest amount of indebtedness, or liability, direct or contingent, to which this corporation at any time is to be subjected, is | the sum of fifteen thousand (l5,OOOj 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 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 and in such manner as shall be prescribed | by the by laws of this corporation, and all of whom shall be subscribers to the capital stock l of this corporation, and hereinafter no person
 shall be eligible to the office Of director unless | he isa stockholder fin the corporations provided, | that said board of directors may elect such off 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 m ay see fit, 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
 ital stock of this corporation shall constitute
 the board of directors of this corporation until
 the first Monday in Dece nber, 1892, and until
 their successors, duly qualified, shall be elected | t0.wit: Lewis WOlfey, Clark Churchill, John | A. Black, Thomas Hughes and Theodore j..
 Wolhey. Any person ceasing to be a subscriber | shall cease to be q director End hereinafter if any director shall cease to be A stockholder he | shall cease to be director. Vacancies in .he board of directors shall be filled by the remain | ing members of the board Immedia tely, or as
 soon as practicable, after the filing of tn, SC
 ticles 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 he elected, | shail meet and organize as board of di-
 rectors, adopt oy laws, and prescribe in said | bylaws the method Of calling meetings of the board of directors and stockholders. ma | jority of said directors shall be 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-
 tuing the board of directors of this corporation, by vote of the majority of the subscribed cap l ital stock, and each share subscribed or held shall entitle the subscriber therefor or holder thereof to O Ie vote at all meetings of the sub
 scrbers or holders of said stock, and in case the l said subscribers to or holders of the capital
 stock, shall by vote increase the number of
 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 l shall have power to establish bylaws and make
 all rules and regulations deemed expedient for | the management Of the affairs of this corpora. l ton, and the officers thereof, not inconsistent 1 with the constitution and laws of the United
 States and thelaws of this Territory.
 l In witness- whereof we have hereunto set | our hands and seals, this 2lst day of November, | 1891.
 THEODORE J. WOLFLEY, [seall
 STATES n MORRISON fSaal1