Arizona republican., 1891-12-18
ARTICLES OF INCORPORATION The Arizona Republican Company

We, Theodore J. Wol0ey 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 corning Corporations" approved March s, 1887, for the purpose ofengaging in the lawful enter prises, business pursuit and occupation herein after specified, do make, subscribe and ac. Knowledge according to law, these articles of incorporation, and declare:
 FIRST The name assumed by this corpora ton and bywhich 1t shall be Known is "The Arizona Republican Company" and its princi. pal place of trRnsaoting 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 (2ji years thereafter.
 SECOND. The enterprises, business, pursuit and occupation in which this cooperation pro poses 10 engage, Is tha: of publishing news paper, to be known and called 'The Arizona Republican" and such other newspapers as the board oi directors of thi corporation shall here matter desire to publish, to carry on the bust ness of publishers generally, to do a general job printing, engraving, lithOgraphing and publi- cation business, and to acquire, possess, hold and enjoy, and use all kinds of property incl ental 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 herelnabove named: to borrow money and cou- tract 10 repay the same at such time or times, and with such rate or rates 0t interest as its board of directors see iit, and to hypothecate, mortgage or pledge all or any part Of the prop erty Of 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 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, m the County of Pima, Territory of Arizona.
 FOURTH. The amount Of the capital stock of this corporation shall be fifty thousand (50,0O0) dollars, divided into five thousand shares of ten (l0) 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 ltal 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 to be subjected, is the sum of fifteen thousand llj,0OOj dollars. SEVENTH. The stockholders in 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 such time and in such manner as shall be prescribed by the by Jaws 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 isa stockholder in the corporation; provided, that said board of directors may elect such ofii 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 tit 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, 1892. and until their successors, duly qualified, shall be elected, | to-wit: Lewis Woltiey, Clark Churchill, John A. Black, Thomas Hughes and Theodore J.
 Wolhey Any person ceasing to be subscriber shall cease to be a director. End hereinafter if any director shall cease to be a stockholder he shall cease to be a 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 tices in the office of the county recorder of the | County of Pima, Territory of Arizona, the per | sons named herein as directors to serve unt til | the first Monday in December, 1892, until their successors duly qualified, shall be elected | shall meet and organize as board of di- 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. l The stOckho, ,ders of the corporation are here | by authorized and empowered to increase or | diminish the number of the members consti-
 tutng 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 entite the subscriber therefor or holder | thereof to ole 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
 memb bers 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 by laws 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.
 1 In witness whereof we have hereunto set
 our hands and seals, this 2lst day of November, | 1891.
 THEODORE J. W0LFLEY, [seall