Arizona republican., 1896-03-06
ARTICLES OF INCORPORATION
 The Pheniz Drug Company.

We, Edward Butt, Edward Butt, Jr, and B. A. Flckas, of the County of Maricopa, Territory of Arizona, desiring to form corporation for Duslness purposes. und'r lhe laws Of the Ter lltory ot Arizona as escribed by the Revised statutes of said Territory approved March s. 1887, with all amendments thereto do make subscribe and acknowledge the following Articles Of Incorportior:
 ARTICLE I.
 The name of this corporation is "The Phoanix Drug Company" and the principal D ace of transact1ng it's business shall be i'll the County of Mancopa;. Territory of Arizona. with it's Territory. N.-
 ARTICLE II.
 The general nature of the business to be pur- sued py thls corporation and in which it pro- poses to engage, is and shall be, that of manu- featuring and jobbing of drugs, chemicals and proprietary medicines, and the buying and selling or all articles usually handled in this line of trade.
 Also to own and conduct general ratsil and prescription drug store.
 It shall have the right to buy, sell, hold, use epd enjoy all kinds Of property. real, personal and m'xed, and what may be necessary or use aforesaid; and it may sell, lease, mortgage. pledge or otherwise dispose of any of said property owned by said corporation necessary for the purpose of carrying on the said business of said corporation.
 ARTICLE III.
 The amount of the Capital Stock of this corporation is Fifty Thousand (s50 O00) Dollars divided into five hundred (50O) shares of the par value of One Hundred ($l0O) Dollars each; and the time when and the conditions upon which said Capital Stock shall be paid in are as follows, to wit: Fifty (5Ol per cent of the par value of each share shall be paid in upon the issuance oi each Of said shares, the balance or any part thereof of the par value of said shares shall be paid for by the holders thereof whenever the Board of Directors of said cor Poratlon shall direct, and the said shares shall be non. assessable.
 ARTICLE ".
 The time of the commencement of this cor. poratinn shall be the date of the filing of these Articles of Incorporation in the office of the County Recorder of Maricopa County, Territory of Arizona; and the termination of this cor. poration shall be Twenty-F Five (25) yeats there. after.
 ARTICLE
 The officers of this corporation shall he a president, vlce-president secTetary-,reasurer. ana sL 5nree 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 shsll be stockholders Of said corporation. The first election of officers of this corporation snail ta ke place immediately after the fling of 5hese Articles of Incorporation with the County Recorder Of said Marieo oa County, and the officers so elected shall hold their respective offices for period of one year from the la1e of elsctlon ana until their successors are elt cted 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 (s20,O0O) Dollars
 ARTICLE VII.
 The private property of the stocE holders of this corporation shall be exempt from the cor. porate debts of this corporation.
 IN WITNESS WHEREOF, we have hereunto set our hands and seals at Phoenix, Arizona, this 18th day of February, A. D. 1896.
 Signed, EDWARD BUTT, [Seal.l
 Signed. B. A. FICKAS, [Seall
 Signed, EDWARD BUTT, JR. [Seal.1 raRRTE caRR1ToaT at %s1ian2o Ss AaI2oNA'I ss.
 Before me, G. M. 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 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,
 lsEAL.l Notary Public.