Arizona republican., 1896-03-04
ARTICLES OF INCORPORATION The Pheniz Drug Company.

We, Edward Butt, Edward Butt Jr., end B. A. Fckas, of the County of Maricopa, Territory of Arizona desiring to form 8 corporation for business purposes. under IEe laws Of the Ter lltory of Arizona as esciibed by the Revised Statutes of taid Terntory approved March Sal 1sS1, with all amendments thereto, do make, subscribe and acknowledge the following Articles Of 1ncOrportion
 ARTICLE I.
 The name of this corpora ton is "The Phoenix Drug Company" and the principal D ace of transactlng it's business shall be in the County of Maricopa. Territory of Arizona. with it's office in the City of Phoenix. in said County and Territory.
 ARTICLE II.
 The general nature of the business to be pur- sued by this corporation and in which it pro- poses to engage, is and shall be, that of manu- featuring and joDbing of drugs, chemicals and proprietary medicines, and the buying and selling of all articles usually handled in this line of trade.
 Also to own and conduct general retail and prescription drug store.
 It shall have the right to buy, sell, hold, use and enjoy all kinds of property. real, personal and m xed, and " hat may be necessary or use- full for the purpose of carrying on the business aforesaid; and 1t may sell, lease, mortgage. pledge or otherwise dispose of any of said pro perty owned by said corporation necessary for the purpose of carrying on the said business of said corporation.
 ARTICLE IT. The amount of the Capital Stock of this corporation is Fifty Thohsa..d ($50,00 Dollars, divided into five hundred (500) shares of the par value of One Hundred (Sl00) Dollars each; and the time when and the conditions upon which said Capital Stock shall be paid in, are aE follows, 10 wit: Fifty C0) per ceut of she par value of each share shall be paid m moon the issuance of each of sal 1 shares, the balance or any part hereof of he par value of aid shares shall be paid for by the holders thereof whenever the Board of Directors of said cor poration shall direct, and the said shares shall be non assessable.
 ARTICLE ". The time of the commencement of this cor porati0n shall be the date of the filing of these Articles of Incorporation in the office of the oi Arizona; and the termination of this cor poration shall be Twenty Five (25) yesls there. after.
 ARTICLE V. The officers of this corporation shall be A president, vice-president, secretary treasurer and three directors, and such other officers as the Board of Directors may hereafter consider necessary for the conduct of the said business of the corp ration.
 The affairs of this corporation shall be con. ducted by the said Board of Directors, who shs Il be stockholders of said corporation The first election of officers of this corporation shall take place immediately after the fling of these Articles of Incorporation with the County Recorder of Said Marico pa County, and the officers so elected shall hold their respective offices for period of one year from the da of election and until their successors are elected and qualified.
 ARTICLE VI. The highest amount of indebtedness or liability, direct or contingent, to which this corporation is at any time to subject itself, is the sum of Twenty Thousand (s2O00O Dollars. ARTICLE VII. The private property of the stock holders of | this corporation shall he exempt from the cor porate debts of this corporation. | IN WITNESS WHEREOF. we have hereunto l set our hands and seals at Phoenix, Arizona, | this 18th day of February, A. D., 1896. Signed, EDWARD BUTT, [Seal.J Signed, B. A FICKAS, [Seal.] l Signed, EDWARD BUTT, JR. (Seall | County of Maricopa. s'' Before me, G. NJ. Little Notary Public in and for said County and Territory, on this day personally appeared Edwart Butt, Edward Butt, Jr., and B. A. Fickas. of the County of Maricopa. Territory of Arizona, each personally known to me to be the person whose
 name is subscribed to to the foregoing instru- ment, and they each severally acknowledged to
 me that they executed the same for the pur- poses and considerations therein expressed. Given under my hand and seal of office this
 18th day of February. A. D. 1896. | Signed, G. M. LITTLE. II [sEAL.I Notary Public.