Arizona republican., 1899-02-21

tory of Arizona, do adopt, sign an acknowledge as prescribed by law these articles of incorporation.
 ARTICLE I.
 That the names of the incorporation of this corporation are Thomas j Barkley and Harry Gray.
 ARTICLE II. The name assumed by this corpora | tiCn and by which it shall be know in all it's business transa ctions i BARKLEY & GRAY GROCER co. The principal office and place of bus mess of such corporation shall be il the city of Phoenix, Maricopa county Arizona territory, and at such othe places as it's board of directors shal determine, where it shall also be au thorized to hold meetings of stock holders and directors, and transact an! and all business.
 The term for which said corporation is to exist is twenty-five years iron and after the date of it's incorporation
 ARTICLE TIL
 The general nature of the business proposed to be transacted by this cor. poration is that of conducting a whole sale grocery business, also buying and selling at wholesale and retail, mer- chandise 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 do any and all things necessary to be done in or incidental to carrying out any and all the pdr- poses herein set forth.
 This corporation shall also have the ri orht ,tO b0Tr0Vv n1nnov and nOntraot fo pay the same at such time, on such terms as it's board of directors may deem advisable, and may mortgage, hypothecate or pledge all or any part of the property that this corporation may now own CT hereafter acquire fer the purposes of securing any money so borrowed or any debts due by this cor poratfon with all interest, charges or damages that may be provided for by the terms of the instrument evidenced CT securing any such indebtedness.
 ARTICLE ".
 /The amount of the capital stock Of this corporation shall be One Hundred and Fifty Thousand ($150,0G0.O0) Dol 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 a manner as may be prescribed by the bylaws of this corporation.
 ARTICLE V.
 The highest amount of indebtedness or liabilities of any kind for which this corporation shall be liable. at any time or which it can, at any time subject itself or be subjected to, is the sum of Fifty Thousand ($50,000) Dollars
 ARTICLE VI.
 The stockholders of this corporation and their private property shall be ex- empt from the corporate debts of this 
 ARTICLE VII.
 The affairs of this corporation shall be conducted by a board of directors. consisting of not less than two nor more than five persons, who shall be elected at the annual meeting of the of this corporation, at such time and place as shall be desig- mated by the bylaws of this corpora ton, and shall hold their office until their successors are duly elected and qualified. The following named per- sons, who are subscribers to the cap ital stock of this corporation shall con- stitute the board of directors for the first year, Thomas J. Barkley and Harry Gray.
 No person shall be eligible to the Of flee of director in this corporation un- less he is a stockholder ill the corpora tion at the date of Lis election, and any director ceasfng to be a stockhold- CT shall thereupon cease to be di- rector.
 All vacancies in the board of direct DTS shall be filled by the remaining members of the board of directors. The board of directors of this corporation may elect such officers and appoint such committee or comittees or such business manager or managers to aid Tn the management of the bus mess Of this corporation as they may deem expedient, and vest m such managers, officers or commit .ees such powers as the board of direct DTS may deem best.
 As soon as practicable. after the fling of these articles of incorporation. II the office of county recorder of MaricCipa county, Arizona territory, the persons heTeinbefore named as di- 'ectors shall meet and adept bylaws, md at regular prescribed meetings of he board of directors, they may make uch rules and regulations as they may leem necessary for the management # this corporation and it's officers, con- .istent with these articles of incorpo- ation and in accordance with the laws If the United States and the laws of he territory of Arizona.
 ARTICLE VIII. These articles of incorporation may | ,e amended at any annual meeting of l he shareholders or any special meet | ng thereof, called for the purpose, by | majority of the vote of the stock rep esented at such meeting, voting in | avor of such proposed amendment, l nd whenever any amendment of these rtlcles of incorporation shall be made he same shall be signed and acknowl- dged by the president of the corpo- ation and shall have the same force nd effect as those signed by all the ubscribers.
 IN WITNESS WHEREOF we have ereunto set our hands and seals this ighth day of February, A. D., 1898.
 THnNrt.-~ BARKLEY. Tseall