Arizona republican., 1891-12-02
ARTICLES OF INCORPORATION 1.-The Arizona Republican Company

We, Theodore J. wol1ay and States D. Morrl- the provisions of the laws of the Territory Of Arizona, and especially an set Of the LeRisla- tive assembly thereof, eRtitled, An Act Con corning Corporations" approved March $, 1857, for the purpose Of engagias in the lawful enter prlses, business, pursuit and occupation herein. after specified, do make, subscribe and ae- knowledge according tc 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. fin the Territory of Arizona, and the time of the commencement of this corporation shall be the day of the filing oi these articles m lhe oihee oi the county re corder, County of Pima, In the Territory of Arizona, and the termination thereof shah be twenty five (.,jl years thereafter.
 SECOND. The enterprises, business, pursuit and occupation in which this corporation pro poses to engage, Is tha: of publishing news paper, 20 be known and called "The Arizona Republican" and such other newspapers as the board ot directors of thi corporation shall here matter desire to publish, 10 carry on the busi- ness of publishers generally Co do n general job printing, engraving, lithographing and publi- cation business, and tO acquire, possess, hold and enjoy, and use all kinds of property inci- d. ntal or convenient, or necessary In andabout the cafrying 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 hereina5oye named; to borrow money and cou' tract tD repay the same at such time or times, and with such rate or rates Of interest as ils board Of directors see ht, and to hypoihecute, mortgage or pledge sll or any part Of the pr,p' erty of this corporation, and all or any part of the property which thAs corporation may hereinafter acquire; 60 secure the payment of 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 to pay THIRD. The place where this corporation will have its principal office and place Of business, Is the City of Tueson, in the County of Pima, Territory Of Arizona.
 FOuRTH. The amount of the capital stock of this corporation shall be fifty thousand tN,ep) dollars, divided into five thousand shares oi ten (lO) dollars each, and the time when, and the condition upon which it Is Co be paid are aa fol. lows, to-wit: Tho entire face value thereof i'm medlately upon making the subscription there. for.
 FIFTH. The par value Of each share of the cap ital stock of this corporate n shall be ten (lO) dollars.
 SIXTH The highest amount of indebtedness, or liability, direct or contingent, to which this | corporation at any time Is Co be subjected, is the sim of fifteen thousand tl5,0OoI 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 live persons, who shall be elected annually by the stock at such time and in such manner as shall be prescribed by the bylaws of this corporation, and all Of
 
 of this corporation, and hereinafter no person shall be eligible to the office of director unless he Is stockholder in the corporation; provided, that said board of directors may elect such ofh cors 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 may see ht, 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 .N ,f AN ta Eraft | the first Monday In December, 1892. and until their successors, duly qualified, shall be elected, | to wit: Lewis wolaey, Clark Churchill, John | A. Black, Thomas Hughes and Theodore J, | wolhey. Any person ceasing to be a subscriber | shall cease to be director. and hereinafter fl any director shall cease to be a 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 the SC ar | 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 be elected, ahnil meet and organize as board of al.
 reCtors, adopt py laws, and prescribe in said l oy laws the method of calling meetings Of the | board of directors and stockholders. ma-
 Iofty of said directors shall bea 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 n 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 o1e vote at all meetings of the sub
 scrbers or holders of said stock, and in case the | said subscribers to or holders of the capital
 stock, shall by vote increase the number of | member of the said board of directors. the | members of said board thus created shall each | have the same powers each of the five mem | bsrs of said board created by these articles. | The board of directors of this corp6ration
 tah hxt at,d an a all rules and regulations deemed expedient for | the management of the affairs of this corpora. l tion and the officers thereof, not inconsistent | with the constitution and laws of the United States and the laws of this Territory.
 l In witness whereof we have hereunto set our hands and seals, this 2lst day of November | 1891. , | STATES D. MORRISON, fseall