Arizona republican., 1898-01-29
ARTICLES OF INCORPORATION
 of the PHOENIX PREMOlCHEMIC SANA-
 TORTUM.

For the purpose of forming a corpor- ation under and pursuant to the laws of Arizona the undersigned do here by adopt the following arlicles of in- corporation:
 I. The names of the incorporators are e. F. Underhill, William Law renee Woodruff, George B. Ridhmond, John K Doolittle, and B. A. Wood ruff. The name of the corporation shall be the Phoenix Pneumo-Chemic Sanatorium. Its principal place of transacting business shall be Phoenix, Arizona.
 II. The general nature of the busi- ness proposed to be transacted is as follows:
 A. To carry on a SanatOrlum buS1- ness and any business undertaking transaction or operation commonly prosecuted or undertaken by sanator- ium companies and any other busi- ness which may seem to the company capable of being conveniently carIded on in connection the rewith or calcu- lated either directly or indirectly to enhance the value of or render prof italble any of the company's property or rights.
 B. To buy, own, lease, build, ap- propriate, acquire, equip, improve, de velop, operate, sell, convey, rent, ex- change or other wise dispose of lands tenements, heredithmephs, easements, sites, locations and rights of way suit able for sanatorium purposes and all real estate, personal property and rights in the nature of property neces- sary or convenient in the prosecution of a hotel or saratorium business or taken in exchange for debts due, property conveyed, services rendered or benefits conferred.
 C.. To enter into contract with oth- CT -cDmpanies or persons for the foregoing purposes and to enter in e any agreement or arrangement with any authorities, supreme, state, terri torial, municipal, local or otherwise or to obtain from the aforesaid au- ~ fhorities or any of them any rights privileges, concessions or franchises which may seem conducive to the ob- jects of the company and to exercise carry out and comply with any suct agreement or arrangement or thk terms and conditions of such rights privileges and concessions or fran cbises.
 nn4 To do all or any ofl,he aforesaid as principal agent, contractor trustets, or otherwise, and tha by or through trustees, agents or. otherwise, and either alons or in conjunction with other: and to ama1gamlaIte or unite with any other company altogether or in. part similar in it's objects or purposes, tt this company, and to do all suc1 ssIings as are incidental or conduciv, to the attainment of the objects here in specified.
 B. To borrow or raise money b, mortgage or on bonds, dabentures, ac ceptances, promissory notes, or othe securities or property of the compang or any part thereof, and to create sinking fund from the proceeds of it business or other assets for the pur pose of providing for the payment z it's debts or the interest thereon.
 III. The capital stock of this cor Poration shall be one hundred thou sand dollars, divided into one thou sand shares of one hundred dollar! each, and the company shall have power to increase, subdivide, classify or reduce the capital for the time be ing by the amendment of these ar ticles and to raise the whole or an! part thereof or any increased capita II premium or with any preference G1zaTantee, privilege or other advam zage or postponement. Capital stocl ahhll be subscribed for, sold, issued and the price thereof paid in at suct times for such prices and upon sucf conditions as the board of director! shall from time to time by resolution direct, provided, however, that Iht purchase price of all stock shall bt fully paid before the certificates there for shall be issued.
 ". The time of the, commencement of the corporation shall be the twen tiefh day of January, A. D., 1898, ani its termination at the end of twenty. five years from the date of com. mencement.
 V. The affairs of the corporation