Arizona republican., 1899-02-20

tory of Arizona, do adopt, sign and acknowledge as prescribed by law these articles of incorporation. ARTICLE I.
 That the names of the incorporators 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 known in all it's business trans9 ctions is BARKLEY & GRAY GROCER co.
 The principal office and place of bus mess of such corporation shall be in the city of Phoenix, Macicopa county, Arizona territory, and at such other places as it's board of directors shall determine, where it shall also be au- thorized to hold meetings of stock 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 its incorporation.
 ARTICLE TIL
 The general nature of the business proposed to be transacted by this cor poration is that of conducting 2 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 pJr- poses herein set forth.
 This corporation shall also have the right to borrow money and contract to 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 .he purposes of securing any money so hcGrCwed or any debts due by this cor pcration 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 (S150, ,0G0.00) 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 | Dy-laWiS ECI Jl1S 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 (S50, ,000) Dollars.
 ARTICLE VI.
 The stockholders of this corporation and their private property shall be ex- empt from the corporate debts of this corporation.
 ARTICLE VII. The affairs of this corporation shall ! he conducted by Q board Of directors, consisting of not less than two nor | more than five persons, who shall be elected at the annual meeting of the l stockholders of this corporation, 2t 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
 
 less he is a stockholder ill the corpora tion at the date of Lis election, and any director ceasing to be a stockhold- CT shall thereupon cease to be a di- rector.
 All vacancies in the board of direct ors 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 in such managers, officers or commit tees such powers as the board of direct or1s may deem best.
 As soon as practicable, after the filing of these articles of incorporation. in the office of county recorder of MaricOpa county. Arizona territory, the persons hereinbefOre named as di- rectors shall meet and adept bylaws, and at regular prescribed meetings of the board of directors, they may make such rules and regulations as they may deem necessary fer the management Of this corporation and it's officers, con sistent with these articles of incOrpo- ration and in accordance with the laws of the United States and the laws of the territory of Arizona.
 ARTICLE VIII.
 These articles of incorporation may be amended at any annual meeting of the shareholders or any special meet ing thereof, called for the purpose, by d majority of the vote of the stock rep resented at such meeting, voting in favor of such proposed amendment, and whenever any amendment cf these articles of incorporation shall be made the same shall be signed and acknowl- | edged by the president of the cOrpO- 1 ration and shall have the same force | and effect as those signed by all the subscribers.
 IN WITNESS WHEREOF we have | hereunto set our hands and seals this | eighth day of February. A. D., 1898.
 THO7- BARKLEY Tseal1 |
 UIAPDV CPAV Tcoa1j