Arizona republican., 1896-03-18
ARTICLES OF INCORPORATION
 or The National Steam Laundry Co.

Know all men by these presents:
 That we, the undersigned, Frank L. Straw, John Mcguire and Homer P. Reynolds, of the County of Maricopa, Territory of Arizona, de- string to incorporate ourselves under the pIo- visions Of the laws of the Territory of Ariz ona, and especially an act of the Legislative Assem- ply thereof entitled "An Act Concerning Cor porations," approved March 8, 1887. being chap ter two @ of Title XII, Revised Statutes Of Arizona, and all acts ameEdatory thereof or supplemental thereto, for the purpose of ell gazing in the lawful enterprises, business pu- suits and occupations hereinsf fter specified. 60 make, subscribe and acknowledge, according to law, these Articles of Incoroori tion and declare.
 The name of this eorporation shall be the National Steam Laundry Co.,, and its prin ncipal place of transaciinf business, Phoenix Arizona The time of the commencemento ot this corpora t1on shall be the day of the fling of these Arti- cles in the office of the County Recorder in the County of Maricopa, in the Territory of Arizo- na, and the termination thereof shall be twen- | tyfve years thereafter.
 IT.
 The general nature of the business proposed to be transacted is the conducting of steam laundry business in all i-s branches. the buying and selling of everything incident thereto, the buying, selling, leasing and renting Of real es- tate and generally the exercise and possession Of all the powers and privileges that private in. dividuals and natural persons now joy | II.
 The amount of the capital stock of this cor poration shall be Ten Thousand ($l0,OlW Dol | lars, divided into One Thousand O0OO Shares of the Par value of Ten (s1O) Dollars each, and | the time when, and the conditions upon which 1t is to be paid are as follows, to wit: The whole thereof is payable immediately upon the making of the subscription tn refor, and the said stock shall be fully paid with thirty (3O) days, and before being issued and shall be un- assessable thereafter
 | "
 | The highest amount of indebtedness to which this corporation is at any time to subject itself | is five thousand ($5000) dollars
 V.
 | The stockholders of this corpofation and | their private property shall be exempt from the corporate debts of this corporation. | VI.
 | The affairs of this corporation shall be con- ducted by Board of Directors consisting Of three or more persons, as the Board of Directors may direct, who shall be elected annually by and from amongst the stockholders at such | time and in such manner as shall be prescribed | by the bylaws of this corporation. and who shall hold their offices for the period of one C) year and until their successors are duly elected and qualified, and no person shall be eligible to the office of Director unless he is stQckholde in the corporation, provided that said Board of Directors may elect such officers and appoint such committees from their own members as | they may see fit, to aid in the management of the business and in the conducting of the af- | fairs of the corporation and may rest in such officers and committee all such powers as they may deem eXpedient
 The following banned persons, who are sub.
 scIibers to the capital stock of this corporation
 shall constitute the Board of Directors of this
 corporation until the first Monday in January
 A. D., 1897, and until their successors shall be
 duly elected and qualified, to wit: Frank L.
 Straw, John Mcclure and Homer P. Reynolds Any person ceasing to be a stockholder shall cease to be director. Vacanc'es in the Board of Directors shall be filled by the.remainine
 members of the Board. As soon as practicable
 after the filing of these articles as prescribed by law, the persons named herein shall have power to and shall meet and organize Board |. of Directors and adopt bylaws and make al