Arizona republican., 1896-03-07
ARTICLES OF INCORPORATION
 The Pheniz Drug Company.

We, Edward Butt, Edward Butt Jr., and B. 4: Flckas, of the County of Maricopa, Territory of Arizona, desiring to form corporation for business purposes. under the laws of the Ter l1tory of Arizona as escIibed by the Revised Statutes of said Territory approve March 8, 1887, with all amendments thereto, do make, subscribe and acknowledge the following Articles of Incorportion
 ARTICLE I.
 The name of this corporation is 'The Phoenix Drug Company" and the principal D ace of transact1ng its business shall be in the County of Maricopa. Territory of Arizona. with its office in the City of Phoenix. in said County and Territory.
 ARTICLE H.
 The general nature of the business to be pur- sued by this corporation andin wb ch it pro- poses to engage is and shall be. that of manu- featuring and jobbing 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 mlxed, and what may be necessary or use ful for the purpose of carrying on the business aforesaid; and 1t may sell, lease, mortgage, pledge or otherwise dispose of any of said pro perty owned by said corporation necessary for the purpo of carrying on the said business of said corporation.
 l ARTICLE III. | The amount of the Capital Stock of this corporation is Fifty Thousand ($50 0O0 Dollars, | divided into five hundred GoV shares of the par value of One Hundred (s100 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 par value of each share shall be paid in upon l the issuance of each of sa1 shares, the balance 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 ".
 The time of the commencement of this cor poration shall be the date of the filing of these | Articles of Incorporation in the office of the | County Recorder of Maricopa County, Territory | of Arizona; and the termination of this cor poration shall be Twenty-Five (25) yesIs there | after.
 ARTICLE V. The officers of this corporation shall be a president, vice president, sec1etary 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. l ducted by the said Board of Directors, who shsll be stockholders of said corporation.
 The first election o officers of this 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 offices fora period of one year from the dae of election and until their successors are els cted 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 ($20,000) Dollars. ARTICLE VII l The private property of the stocl 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, this 2Sth day of February, A. D., 1896.
 Signed, EDWARD BUTT, [Seal.] | Signed, B. A. FICKAS, tSeall Signed, EDWARD BUTT, JR. [seall
 TERRITORY OF ARIZONA.
 County of Maricopa. '''
 Before me, G. M. 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 County of Maricopa, Territory of Arizona, each personally known to me to be the person whose name is subscribed to to the foregoing instru- ment, and they each severally acknowledged to 5 me that they executed the same for the pur- s poses and considerations therein expressed.
 Given under my hand and seal of office this 18th day of February, A. D. 1896. Signed, G. M. LITTLE, [sEAL.l Notary Public.