Arizona republican., 1891-12-17
ARTICLES OF INCORPORATION
 -OF- "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.
 i've assembly thereof, entitled, An Act Con corning Corporations" approved March & lS87 for the purpose of engaging in the lawful enter prises, 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 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 shah be
 twenty five l2jl years thereafter.
 SECOND. The enterprises, business, pursuit and occupation in which this corporation pro poses to engage, is ths: of publishing a news paper, to be known and called "The Arizona Republican,, and such other newspaper as the
 board Of directors of thi corporation shall here
 matter desire 10 publish, to carry on the busi-
 ness of publishers generally, to do a general job printing, engraving, Iithographing and publi- cation business, and to acquire, possess, hold and enjoy, and use all kinds of property incl de ntal or convenient, or necessary fin sndabout the carrying on of said business, and to buy
 and sell printing presses. types and all other Kinds or apparatus, implements, furniture, tools and other property convenient, or useful, or necessary III ana hDOlt the bhll DlslneSs 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 see fit, and to nypothecate, 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 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
 haNHa V.rtVa VaaN. 1a1t I,.1. .N
 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 (J0OOO)
 dollars, divided into five thousand shares of ten tlO) dollars each, and the time when, and the condition upon which tt is to be paid are fol-
 lows, to.wit: The entire lace value thereof i'm
 mediately 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 (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 l5,0O0l 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 five persons, who shall
 be elected annually by the stockholders, at such time and in such manner as shall be prescribed
 by the bylaws of this corporation, and all of
 whom shall be subscribers to the capital stock of this corporation, and hereinafter no person snail be eligible to the office of director unless
 he iss 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 fin 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 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. Woldey. Any person ceasing to be subscriber shall cease to be a director, and 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 tn, SC ar
 ucles 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 a 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 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 a 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 ole vote at all meetings of the sub
 scribers or holders of said stock, and in 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. ion, 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, [seall STATES D. MORRISON, seall