Arizona republican., 1899-03-28

1 5IfllCIyy anu Fidify GIdy, tt ItSluG-it of Los Angeles, Los Angeles County, California, desiring to incorporate | ourselves unde~ the laws of the Terri tory of Arizona, do adopt, sign and l acknowledge as prescribed by law, | these articles of incorporation.
 ARTICLEI
 That the names of the incorpOrators of this corporation are Thomas J Barkley and Harry Gray.
 ARTICLE IL
 The name assumed by this corpora ton and by which it shall De known in all it's business transactions is BARKLEY & CRAY GROCER co.
 The principal office and place Of bus mess of such corporation spall le in the city of Phoenix, Maricopa county. Arizona territory, and at such other places as its board of directors shall determine, where it shall also be au- thorized to hold meetings of stock 1 holders and directors, and transact any and all business.
 The term for which said corporation is to exist is twenty-five years from | and after the date of it's incorporation. i
 ARTICLE III.
 The general nature of the business
  poration is that of conducting t whole | sale grocery business, also buying and i selling at wholesale and retail, ner- | ch&ndiSe of every kind and character, | purchasing, acquiring, selling and deal | ing in real, personal and mixed prop erty of every kind and character, and | generally to dc any and all things necessity to be done in or Incidental | to carrying out any and all the pur- poses herein set forth.
 This corporation shall also have the right to borrow money and contract 10 pay the same at such time, on such terms as it's board of directors may deem advisable, and may mortgage, hypothecate CT pledge all or any part Of the property that this corporation may now cwn or hereafter acquire for the purposes of securing any money so borrowed CT any debts due by this cor poration with all interest, charges pr damages that may be provided for by the terms of the instrumeHt evidenced or securing any such indebtedness.
 ARTICLE ". The amount of the capital stock of this corporation shall be One Hundred and Fifty Thousand ($150 009 00} Dol 1 lars, divided into One Thousand Five ' Hundred shares of the par value of ' One Hundred ($100) dollars per share. to be paid in at such times and in such 9 a manner a. may be F-escribed by the 2 bylaws of this corporation.
 ARTICLE V. The highest amount of indebtedness ' of any kind for which this , cooperation shall be liable, ar any time 1 or which it can, at any time subject itself or be subjected to, is the sum of | Fifty Thousand ($50000) Dollars. |
 ARTICLE VI. T The stockholders Of this corporation | and thsir private property shall be eX- empt from the corporate debts of this corporation.
 ARTICLE VII
 The affairs of this corporation sIan De conducted by a board of directors, consisting of not less than two nor nOre than five persons, who shall be elected at the annual meeting of the stockholders of this corporation, It such time and place as shall pc de5ig- lated by the bylaws Of this corpora ,iCn, and shall hold their office until heir successors are duly elscted and qualified. The following named De-" sons, who are subscribers to the cap tai stock of this corporation. shall constitute the board of directors for he first year, ThCmas J. BarkIey and Harry Gray. No person shall bs eligible to the of- ice of director in this corporation un- V ess he is a stockho!der in the corporal V ion at the date of his election. and C my directcr teasing to be 9 st0ckhold- T r shall thereupOn cease b he di- y ect0r- | All vacancies in the board of direct q ITS shall be filled by the remaining s members of the board of directors. The n 'oard of directors of this corporation n nay elect such officers and appoint uch committee or committees or such business manager or managers to aid n the management of the business of his corporation as they may deem eX- ledient, and vest in such managers of . Lcers or committees such powers as the E board of directors may deem hest. As soon a5 practicable, after the Hing of these articles of incorpOra tiOn. n the office of county recorder of 4aricopa county, Arizona territory, the persons hereinbefore named as Gi- 4 ectOrs shall meet and adopt bylaws. md at regulai: prescribed meetings Of he board of directors, they may make uch rules and regulations as they may 2 Ieem necessary for the manlg snent . If this corporation and it's officers con- s- istent with these articles ot incorpo- atiOn and in accordance with the laws If the United States and the laws of he territc-y of Arizona.
 ARTICLE VIII.
 These articles of incorporation may e amended at any annual meeting of - he shareholders CT any special meet T ng thereof, called fcr the purpose, by : majority of the vote cf the stock rep esented at such meeting, voting in avOr Of such proposed amendment, f nd whenever any amendment of these RI iticles Of incorporation shall ba made H