Arizona republican., 1891-12-06
ARTICLES OF INCORPORATION
 -OF- ''Ihe Arizona Republican Company"

We, Theodore J. wolfey and States D. Morri- son, desiring to incorporate ourselves, under the provisions of the laws of the Territory of tive assembly thereof, entitled, An Act Con. Cernlng Corporations" approved March <, lsS7, for the purpose of engaging in the lawful enter prises, business, pursuit and occupation herein fter specified, do make, subscribe and ae. know ledge according 10 law, these articles of incorporation, and declare;
 FIRST. The name. assumed by this corpora ion and by which 1t 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 ot this corporation shall be the day of the filing 4 these articles in the otice 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 to engage, is tha: of publishing a news Republican" and such other newspapers as the 'oard of directors of thi corporation shall here natter desire to publish, 10 carry on the busi. ness of publishers generally, to do general job printing, engraving, lithograihing and publi. cation business, and to acquire, possess, hold and enjoy, and use all kinds Of property incl de ntal or convenient, or necessary in andabout the carrying on of said business, and to 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 hereinabove ngmed to borrow money and cou- tract to repay the same at such time or times, and with such rate or rates Of interest as its board of directors see fit, and to -nypothecate, mortgage or pledge sll or any part Of the prvp- crty of this corporation, aud all or any part of the rroperty which this corporation may hereinafter acquire: to 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 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,O0o) dollars, divided into five thousand shares of ten Il0l dollars each, and the time when, and the condition upon which Is to oe paid are as iol' inediately upon making the subscription there for
 FIFTH. The par value of each share of the cap ital stock of this corporate shall be ten (lO) dollars.
 SIXTH The highest amount of indebtedness, or liabi ity, direct or contingent, to which this ,orporation at any time Is to be subjected, is the sum of fifteen thousand tl5,0OOl 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 by laws of this corporation, and all Of whom shall be subscribers to the capital stock l of this corporation, and hereinafter no person snail be eligible to the office of director unless he is & stockholder in the corporation; 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 ty see 1t, 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 mber, lsg2. and until to.wit; Lewis wolfey, Clark Churchill, John A. Black, Thomas Hughes and Theodore J. | Wolhey. Any person ceasing to be 6 subscriber shall cease to be a director. and hereinafter il any director shall cease to be q stockholder he ! 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 th' SC ar licles in the office of the county recorder of the County of Pima, Territory Of Arizona, the per sons named herein as directors to serve unti the first Monday in December, iS92, unti their successors duly qualified, shall he elected shail meet and organize as board of di | rectors adopt py laws, and prescribe in said bylaws the method Of callinS meetings of tho board of directors and stockholders. A ma iority of said directors shall be q quorum fol the transaction of the business of said board.
 The stockho ders of tn" corporation are here by authorized and empowered to increase o diminish the number Of the members consu tntng the board of directors of this corpora tion by n vote of the majorit, of the subscribed cap ital stock, and each share suhscri bed or helt nall entitle the subscriber therefor or holde thereof to O Ie vote at all meetingS Of the sub scribers or holders of said stock, and in case thu said subscribers to or holders o' 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 eaci 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 10 the management of the affairs of this corpora
 tion and the officers thereof, not tnconsisten
 with the constitution and laws of the Unite
 States and the laws of this Territory.
 In witness whereof we have hereunto SC
 our hands and seals, this Dist day of November
 THEODORE ]. wOLFLEY, tseall
 STATES n. MORRISON, seall