Arizona republican., 1896-03-10
ARTICLES OF INCORPORATION
 The PhGniz Drug Company.

We, Edward Butt, Edward Butt, Jr.. and B. A. hckas, of the County of Maricopa, Territory of Arizona, desiring to form corporation for business purposes, under tfe laws of the Ter lltory of Arizona as D escIibed by the Revised Statutes of said Territory approved March s, 1887, with all amendments thereto, do make, subscribe and acknowledge the following Articles of Incorporation:
 ARTICLE I.
 The nsme of this corpora ton is eThe Phoenix Drug Company" and the principal ace of transactlng it's business shall be in the County of Maricopa. Territory of Arizona. with it's Territory.
 The general nature of the business to be pur- sued by this corpora tlOn and in whlc oh it pro- poses to engage, is and shall be, that of manu- featuring and obbing 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 mixed, and what may be necessary or use full for the purpose of carrying on the business | aforesaid; and it 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 l of said corporation.
 ARTICLE IT. | The amount of the Capital Stock of this corporation is Fifty Thousand ($50,000) Dollars, divided into five hundred go0 shares of the par value of One Hundred (slOO) Dollars each; and the time when and the conditions upon which said Capital Stock shall be paid in, are as follows, to wit: Fifty (50) per cent of the i par value of each share shan be paid in upon 1 the issuance of each of sai shares. the balance 1 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 poration shall direct and the said shares shall | be nOn- -assessable.
 ARTICLE w. l The time of the commencement of this cor poration shall be the date of the filing of these | Articles of Incor poration in the office of the | County Recorder of Maricopa County, Territory 1 of Arizona; and the termination of this cor poration shall be Twenty-Five (25) yeaIs there, after.
 ARTICLE V.
 The officers of this corporation shall be president, ice-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 shall be stockholders of said corporation.
 The first election of officers ofthis corporation shall take place immediately after the fling of these Articles ofIncorporatlon with the County Recorder of said Maricooa County, and the officers so elected shall hold their respective I offices for period of one year from the date 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 (s20,000) Dollars.
 ARTICLE VII. The private property of the stock 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, f this 18th day of February, A. D., 1896.
 Signed, EDWARD BUTT, [Seal.] , Signed B. A. FICKAS, tSeal. Signed, EDWARD BUTT, JR. [Seal.l , TERRITORY OF ARIZONA ss County of Maricopa '' Before me, G. NJ. Little Notary Public in and for said County and Territory. on this day personally appeared Edwart Butt, l Edward Butt, Jr., and B. A. Fickas, of the a County of Maricopa, Territory of Arizona, each personally known to me to be the person whose
 name is subscribed to to the foregoing instru- s ment, and they each severally acknowledged to s me that they executed the same for the pur- $ poses and considerations therein expressed. e Given under my hand and seal of office this D 2Sth day of February. A. D. 1896. $ Signed, G. M. LITTLE, IS [sEAL.l Notary Public.