Arizona republican., 1896-03-19
ARTICLES OF INCORPORATION
 or The National Steam Laundry Co.
Know all men by these presents:

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- slrlng to incorporate ourselves under the pro- visions Of the laws of the Territory of Arizona, ana 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 amendatory thereof or l supplemental thereto, for the purpose of en gazing in the lawful enterprises, business pur- suits and occupations hereina fter specified. do make, subscribe snd acknowledge, according to law, thtse Articles of Incorpors tion and declare.
 The name of this corporation shall be the National Steam Laundry Co.,, and it's principal place ot transsctine business, Phoenix Arizona The time of the commencement of this corpora- ton shall be the day of the filing of these Arti- cles in the office of the County Recorder in the county Of Maricopa in the Territory of Arizo- na, a1l1 the termination thereof shall be tweu- ty-fve years thereafter.
 IT.
 The general nature of the business proposed to De transacted is the conducting of steam laundry business in all it'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 olV1duals and natural persons now enjoy. The amount oi the capital stock of this cor poration shall be Ten Thousand (slO,OlO) Dol, lars, divided into One Thousand nOOO) Shares ot the par value of Ten (s1O) Dollars each, and the time when, and the conditions upon which It IS to be paid are as follows, to wit: The whole thereof is payable imm mediately upon the making of the subscription tn erefor, 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 (s5ooW dollars.
 V.
 The stockholders of this corporation 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
 
 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 G) year and until their successors are duly elected and qualified, and no person shall be eligible to the office of Director unless he is stockholder 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. scribers 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 stockhoIder shall cease to be director. Vacane es in the Board of Directors shall be filled by theiremainipg 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 a Board of Directors and adopt bylaws and make all