Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1895-05-11
adopted, signed and acknowledged these arti-
cles of incorporation.

adopted, signed and acknowledged these arti-
Giles OF Incorporation
ARTICLE l.
The name of the corporators of this cor
porat ton are: Josiah Harbert, George W. Har-
bert, Arthur E. Hinton, Gilbert D. Gray and
joint T. Harbert
The name of this corporation, and by
is the ALEXANDRA Mercantile and Real E.
tate Company, ano its principal place
of transacting business is and shall be IN
the town of ALEXANDRA, Msricopa county. terri
tory of Arizona. and at which other place or
places as its board OF directors may fro m time
to time hereafter designate.
ARTICLE II.
The general nature and character of the bust
ness proposed to be transacted by this cOrpor-
alton is and shall be that of general whole
ness, buying and selling all kinds of farm pro-
ducts and supplies and buying and selling III
kinds OF real estate, and buying and selling any
product whatever that is manufactured, grown
or produced, also stock in other corporations.
ARTICLE ILL.,
| The authorized capital stock of this corpora
ton is fifty thousand $50 000) dollars, divided
| into five hundred (50O) shares of the par value
of one hundred Q0O) dollars per share. The
| when and the conditions upon which said
capital stock is to be paid in are as follows
All stock shall be paid in full in cash, or in
property at the time said stock is issued and
no stock shall be issued by this company until
1t shall be fully paid, and thereafter shall be
non assessable.
ARTICLE ".
The time of commencement of this corpora
| ton shall be the date of the filing of these
articles of incorporation for record with the
county recorder of Maricopa county, Ariz ona
territory. and the termination thereof shall be
twenty-five (25) years thereafter
ARTICLE V.
| III
Quoted by board of directors consisting OF
five (5) persons, each of whom shall be stock
holder in the corporation, and shall be elected
at the annual meeting of the stockholders and
for one year, or until their successors are
elected and qualified; provided. that any officer
or director ceasing to be stockholder shall
cease to be an officer or director in the carpor.
alton, and any vacancy in the board of direc-
tors shall be filed by the board until the next
annual meeting of the stockholders. The first
annual meeting of the stockholders of this cor.
poration shall be held at the office of the cor
poration in thetpwn of A1hambra, Arizona
territory, on the second Monday in January,
| 1896, at the hour of 10 O'Clock, a. m, and the
annual meeting of the stockholders shall be
| thereafter neld at the hour of 10 o'clock in the
forenoon of said day.
ARTICLE VI.
The officers of this corporation shall be q
president vice president, seer etery and treas
urer. each OF whom shall be elected by the
board OF directors from among their number
at the next annual meeting after their annual
| election in each year
The president shall be the chief executive Of
fcer OF the corporation and shall have the gen
eral management of ell its affairs subject 10
the approval and control of the board of direc-
tors. All certificates of stock, contract and
other papers except checks shall be signed in
the corporate name by the president, and in
dent shall posses all the powers and perform
all the duties of the president. The checks OF
the corporation may be signed by either the
president or secretary.
..,--. ARTICLE VII.
The following named persons who are sub.
scribers to the capital stock of this corporation
shall constitute the board of directors and OF
flcers of this corporation until the second Mon.
day in January, 1896, and until their successor.
are duly elected and qualified viz: Josiah
Harbert, president: Gilbert D. Gray, Vice Presi
dent; George W Harbert, Secretary; Arthur z
Hinton, Treasurer.
The above named board of directors shall a.
soon as practicable after the fling of these
articles of incorporation in the office of the
county recorder of Maricopa county, Territory
of Arizona, meet and adopt by. laws and may
prescribe in said laws the method of callir{
meetings of the board of directors and stock
holders. The board of directors shall hsvt
power to prescribe the duties of the officers an(
agents OF the corporation and fix their salaries
and comPensations. ma nrity of the board o
directors shall constitute a quorum and an!
mteIlDS vi sdlu DOdTu Ol ulreCCOTS at winch
quorum shall be present, shall be deemed
legal meeting and have the same authority a
full board whether the absent m emb ers shall
have had first notice of said meeting or not.
ARTICLE VIII.
The highest amc unit of Indebtedness or liabil
1ty to which this corporation is at any time t,
subject itself is the sum of Twenty Thousand
1920 000) Dollars.
ARTICLE TX.
The private property OF the individual stock
holders of this corporation is ard shall be eX
empt from the corporate debts OF the corpora
ton.
ARTICLE
The corporation shall never loan its credi
for the purpose of endorsing commercial paper
or becoming security on any bond or obligation
whatsoever.
ARTICLE XI.
The board Of directors shall have power tt
borrow money, execute the corporate note O.
the same by mortgage on the company's pro
perry or In any other manner designated by TIT
board of directors.
ARTICLE Mi.
These articles of incorporation may b.
amended at any annual meeting OF the stock
holders or at any special meeting of the stock
holders called Tor that purpose by MAJORITY
vote OF all the stock then issued, voting il
favor OF such amendment and all amendments
so made shall be signed and acknowledged b!
the president and shall have the same force
and effect as the original articles OF iDcorpora
ton without the signature of the individual
stockholders whereto,
In witness whereof we have hereunto set oul
hands this S!h day OF May. A: D., 1893,
JOSIAH HARBERT.
GEORGE W HARBERT,