Arizona republican., 1891-12-23
ARTICLES OF INCORPORATION
"The Arizona Republican Company

We, Theodore J. WolAey 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- tive assembly thereof, entitled, An Act Con cefning Corporations approved March s, 1887,
 Tor the purpose of engaging in the lawful enter prses, business, pursuit and occupation herein after specified, do make, subscribe and ac- knowledge according to law, these articles of iucor oration, and declare:
 FIRST. The name aSsumed by thls corpora ton and by which it shall be known is "The Arizona Republican Company" aud its priuci. pal place Of transdctlng business is the City of
 Tucson, County Of Pima, in the Territory of Anzona, aud the time of tEe commencement
 ol this corporation shall be the da! Ut the filing
 ui these articles in the office of the county re corder, County or Pima, in the Territory of TizSna, and the termination thereof shall be twcaty i've l25I years thereafter.
 sEUoND. The enterprises, business, pursuit
 and occupation In which this corporation pro. poses 10 engage, IS tha; Of publishing news
 paper, to be known and called "rhe Arizona Republican, sud tuch othcrnewspAptrs as the
 board of direcEUrs of thi corporation shall here matter desirg SO publish, to carry on tho busi-
 ness ot publishers sensrally, to do a general job printing, eLgrnvins, nthogTaphing and publi. cation buslnesI, and to acquire, possess, hold
 and enjoy, and use all kinds of property incl. dt ntal Vr convenient, or necessary in andabout
 The Csrrying on Of said business, and to buy anu sell printing presses, types and all other kinds ot apparatus, implements, furniture, tools and other property convenient, or useful, or necessary in and about the said business hereinabOye named; 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 sec fit, and 10 nypothecate,
 mortgage or pledge ell or any part Of the prop
 erty ol this corporation, and all Orany part of the property which this cOfpOration may hereina fter
 acquire; to secure the payment of sucn money with interest, or to secure the payment of any deGt 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 ot Tucson, Tn the County of Pima,
 Territory of Arizona.
 FOURTH. The amount of the capital stock of
 this corporation shall be fifty thousand (5O,OO0)
 dollars, divided into five thousand shares of ten tlU) dollars each, and the time when, and the
 condition upon which 1t is to be paid are as fol. lows, to wit: The entire face value thereof i'm
 mediately upon making the subscrip ption there for.
 FIFTH. The par value of each share of the cap ital stock of this corporate shall be ten (l0) dollars.
 SIXTH The highest amount of indebtedness,
 or labi' ity, direct or contingent, to which this corporation at any time is to be subjected, is the sum of fifteen thousand (i5,0O0l dollars. SEVENTH. The stockholders fin this corpora tion, 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 snch 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 Of this corporation, and hereinafter no person shall be eligible to the office of director unless he isB 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 may 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 to.wit: Lewis Wolney, Clark Churchill, John A. Black, Thomas Hughes and Theodore J. Woliley Any person ceasing to be subscriber shall cease to be a director, and hereinafter if any director shall cease to be n stockholder he shall cease to be a director Vacancies in the 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 ar tces 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 shail 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. ma | jority of said directors shall he 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 tuting the board of directors of this corporation l by vote Of the majority of the subscribed cap i ital stock, and each share subscribed or held shall entitlc the subscriber therefor or holder | thereof to Ie vote at all meetings of the sub
 Scribers or holders of said stock, and in the | said subscribers to or holders Ot the cnpital 1 stock, shall by vote increase the number of
 members of the said board of directors. ihe members of said board thus created shall each have the same powers as each Of the five mem | bers Of said board created oy these articles. The board Of directors of this corp ration l shall have power to establish bylaws and make all rules and regulations deemed expedient for the management of the affairs of this corpora | ton, and the officers thereof not inconsistent with the constitution aud laws of tEe 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, [seall STATES D. MORRISON, tseall