Arizona republican., 1891-12-15
ARTICLES OF INCORPORATION
"The Arizona Republican Company"

We, Theodore J. Wolhey and States D. Morrl- 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. lSs7 for the purpose Of engaging 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 tion 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 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 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 thi corporation shall here matter desire to publish, to carry on the busi' ness of publishers generally, 10 do q general job printing, engraving, lithographing and publi- cation business, and to acquire, possess, hold and enjoy, and use all kinds of property incl de ntnl 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 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 or directors sec it, and to hypotheCate, mortgage or pledge all or any part of the prop erty of this corporation and all part of the property 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 priucipnl pfiipp and plapa nf hu Is the City of Tucson, Tn the County of Pima, Territory Ot Arizona.
 FOURTH. The amount of the capital stock of this corporation shall be fifty thousand (5OOO0) dollars, divided into five thousand shares of ten tl0) 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 mediateiy upon making the subscription there for.
 FIFTH. The par value of each share of the cap ital stock Of this corporati, n shall be ten tl0) dollars
 SIXTH. The highest amount of indebtedness, or liability, direct or contingent, Co which this corporation at any time is to be subjected is the sum Of fifteen thousand 1J,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
 
 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 is a 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 ay 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 1tgl stock Ot tllS pOrDOratlOn shall pDUstitute 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 wolhey, 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 if any director shall cease to be 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 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 shail meet and organize q board of di- rectors, adopt Dy laws, and prescribe in said by laws the method of calling meetings of the board of directors and stockholders. ma iority of said directors shall be 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 aiority of the subscribed cap ital stock, and each share subscribed or held shall entitle the subscriber therefor or holder thereof to ore 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 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 21st day of November, 1891.
 THEODORE J. WOLFLEY, Iseall
 STATES D. MORRISON, fseali