Arizona republican., 1891-12-20
ARTICLES OF INCORPORATION
 -OF- ''The Arizona Republican Company"

We, Theodore J. Wolley 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- i've assembly thereof, entitled, An Act Con corning Corporations approved March s, 1887, Tor the purpose of engaging in the lawful enter prlses, 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 it shall be Known is 'The Arizona Republican Company" and it's 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 i've l25l 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 newspapers as the board Of directors of Uni corporation shall here matter desire Co publish, to carry on the busi ness of publishers generally, to do a general job printing, engraving, nthograPhing 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,
 
 herelnaboye named; 10 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 it, and to hypotheCate, mortgage or pledge all or any pat Of the prop erty of this corporation, and all orany part of the property which this corporation may hereinafter acquire; tosecure the payment of such 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 t5OOOO) dollars, divided into five thousand shares of ten tlOl 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 mediateiy upon making the subscription there
 FIFTH. The par value of each share of the cap ital stock Of this corporate II shall be ten (l0) 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 15,0OO) dollars.
 SEVENTH. The stockholders in this corpora ton, and their private property shall be eXemp pt 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 stock holders, al snch time and in such manner as shall be prescribed
 
 whom shsll 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 or 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 may 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 nber, 1892, and until their successors, duly qualified shall be elected to-wit: Lewis Wolfey, Clark Churchill, John A. Black Thomas Hughes and Theodore J. Wolhey. Any person ceasing to be q subscriber sha cease tO be director, Gnd hereinafter if any director shall cease to be 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 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 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. A ma- jority 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 ulmlnlsn the nutnDef or the members constl- tuting the board of directors of this corporation by 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 one vote at all meetings of the sub scribers 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 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 shall have power to establish bylaws 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 2lst day of November, 1891
 THEODORE J. WOLFLEY, Tseall
 STATES D. MORRISON, fseali