Arizona republican., 1896-03-17
ARTICLES OF INCORPORATION The National Steam Laundry Co.

1 That we, the undersigned, Frank L. Straw John Mcguire and Homer P. Reynolds, of the County of Maricopa, Territory of Arizona, de. slr1ng to incorporate ourselves under the pro. 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 s, 1SS7 being chap ter two @ of Title XII, Revised Statutes oj Arlzona, and all acts amendatory thereof ol supplemental thereto, for the purpose of en. gazing in the lawful enterprises, business pu-. suits and occupations hereins fter specified cc make, subscribe And acknowledge, according to law, thsse Articles of Incor pors tion and declare.
 me name or this corDoration shall be the | National Steam Laundry Co.,, and its principal place of transactine business, Phoenix Arizona The time of the commencement oG this corpora tlon 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, all the termination thereof shall be tweu- ty-fve years thereafter
 |. H.
 The general nature of the business pro ,osed to be transacted is the conducting of a steam laundry business in all is 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. dly1duals and natural persons now erjoy III.
 The amount of the capital stock of this cor poration shall be Ten Thous ind (sl0,OGO) Dol ! lars, divided into One housand QOoO) Shares of the par value of Ten (s1O) Dollars each, and l the time when, and the conditions upon which 1t is to be paid are as follows, to wit: The | whole thereof is payable i'm mediately upon the making of the subscri ption tn refor, and the said stock shall be fully paid with thirty (3O, days, and before being issued and shall be un. assessable thereafter
 1 The highest amount of indebtedness to which this corporation is at any time to subject itself is five thousand ($50.O) 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- cucted by Board of Directors consisting oI 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 whc shall hold their offices for the period of one q, year and until their successors are duly elected and qualified, and no person shall be eligible tc the office of Director unless be is stockholder ill the corporation, provided that said Board ol Directors may elect such officers and appoint such committees from their own members as ! they may see fit, to aid in the management oi 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 ramed persons, who are sub sc1ibers to the capital stock of this corporation 1 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 teasing to be 8 stockholder shall cease to be 3 director. Vacances in the Board
 of Directors shall be filled by theremaining ; members of the Board. As soon as practica ble
 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 ana make all