Arizona republican., 1896-03-15
ARTICLES OF INCORPORATION
 OF The National Steam Laundry Co.
low all men by these presents:

knOW all men Dy 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 an act of the Legislative Assem- ply thereof entitled "An Act Concerning Cor porations,' ,'' 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 pug suits and occupations hereinafter specified. do make, subscribe and acknowledge, according to law. these Articles of Incoroore tion and declare.
 The name of this corporation shall be the National Steam Laundry Co.,, and its-prineipaI place Of transactine business, Phgnix Arizona. The time of the commencemento of this corpora tion 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, and the termi ination thereof shall be twen- ty-fve years thereafter
 The general nature of the business proposed to be transacted is the conducting of 6 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. o1Vlduals and natural persons now enjoy.
 III.
 The amount of the capital stock of this cor poration shall be Ten Thousand g1O,OoO) Dol. lars, divided into One Thousand q0OO) Shares of the par value of Ten ($1O) 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 imme mediately upon the making of the subscription tn 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- oucted by Board of Directors consisting Of tuice UT uore peTsOuS, As Cne bOarQ or D1rect0N 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
 l. 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 F. Reynolds. Any person ceasing to be stockholder shall ] cease to be director. Vacancies in the Board of Directors shall be filled by the,remaining i 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 Board of Directors and adopt bylaws ana make sll