Arizona republican., 1896-03-14
ARTICLES OF INCORPORATION
 or The National Steam Laundry Co.
Know all men by these presents:

AnoW all men by these presents:
 That we, the undersigned, Frank L. Straw. John Mcguire and Homer P. Reynolds, of the County of Mar1copa, Territory of Arizona, de- | s1r1ng 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 poratlons," approved March s, 1887, being chap ter two @ of Title XII, Revised Statutes of Arlzona, and all acts amendatory thereof or supplemental thereto, for the purpose of en gaglng ln the lawful enterprises. business pur- sults and occupations hereina fter specified, do make' subscribe and acknowledge, according to law, these Articles of Incorpor tion and declare.
 The name Of this corporation shall be the National Steam Laundry Co.,. and its principal place Of ransacting business, Phoenix Arizona The time of the commencement ot this corpora ton shall be the day of the fling of these Arti- cles i'll the office of the County Recorder in the County of Maricopa, in the Territory of Arizo- na, and the termination thereof shall be twen- ty-fve years thereafter.
 The general nature of the business proposed to be transacted is the conducting of steam laundry business in all its 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 ir. d1vlduals and natural persons now enjoy.
 H.
 The amount of the capital stock of this cor poration shall be Ten Thousand (slOOoO) Dol. lars, divided into One Thousand QOOO) 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 whole thereof is payable mmediately upon the making of the subscription therefor, and the said stock shall be fully paid with thirty (3oA 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 (s5O0O) 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 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 oy the bylaws of this corpora .1ou. and who l shall hold their offices for the period of one a year and until their successors are duly elected md qualified, and no person shall be eligible to me office Of Director unless he is stoekholder l n the corporation, provided that said Board of | Directors may elect such officers and appoint | 'uch committees from their own members as 1 hey may see fit, to aid in the management of l he business and in the conducting of the af- airs of Incorporation and may rest in such officers and committee all such powers as they nay deem expedient
 The following banned persons, who are sub. crlbers to the capital stock of th1s corporation. hall constitute the Board of Directors of this corporation until the first Monday in January. l. D., 1897, and until their successors shall be July elected and qualified, to wit: Frank L. traw, John Mcclure and Homer P, Reynolds. Any person ceasing to be stockholder shall ease to be director. Vacanc'es in the Board 'f Directors shall be filled by the,remaining members of the Board. As soon as practicable liter the filing of these articles as prescribed y law, the persons named herein shall have bower to and shall meet and organize 8 Board 'f Directors and adopt bylaws ana make sll