Arizona republican., 1896-03-21
ARTICLES OF INCORPORATION
 OF 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 pro- visions of the laws of the Territory of Arizona, and especially act of the Legislative Assem- ply thereof entitled "An Act Concerning Cor porations,'' D approved March s, 1887, being chap ter two @ of Title XII. Revised Statutes of Arizona, and all acts amendatory thereof or supplemental thereto, for the purpose of en gazing in the lawful enterprises, business pur- suits and occupations hereinafter specified, GO make, subscribe and acknowledge, according to law. these Articles of Incor pora tion and declare.
 The name Of this corporsticn shall be the National Steam Laundry Co.,, and its principal place of transactine business, Phoenix Arizona The time of the commencement ott this corpora- tion 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 1 the termination thereof shall be twen- ty-fve years thereafter.
 II.
 The general nature of the business proposed to be 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. dlv1duals and natural persons now enjoy. | The amount of the capital stock of this cor. poration shall be Ten Thousand ($lO,OCO Dol lars, divided into One Thousand Q00O) Shares of the par value of Ten (slO) Dollars each, and the time when, and the conditions upon which it is to be paid are as follows, to wit: The l whole thereof is payable immediately upon the making of the subscription th=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 (s5OoO) 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 ol | GQT60 or more p6TSOuS, hs the bOdTu or DlrecLOrs 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 corporatlon and who shall hold their offices for the period of one () year and until their successors are duly elected and qualified, and no person shall be eligible to the office of Director unless he is stockholdeI in the corporation, provided that said Board oi Directors may elect such officers and appoint l such committees from their own members as they may See fit, to aid in the management o1 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 thi corporation until the first Monday in January A. D., 1897, and until their successors shall bt duly elected and qualified, to wit: Frank L Straw, John Mcclure and Homer P. Reynolds Any person ceasing to be stockholder shal
 cease to be director. Vacanc es in the BoarG of Directors shall be filled by the.remainin, members of the Board. AS soon as practicabl,
 after the filing of these articles as prescribed
 by law, the persons named herein shall hay, power to and shall meet and organize 8 Boart , of Directors and adopt bylaws and make al