Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1899-04-08
ARTICLES OF INCORPORATION
of
BARKLEY & GRAY GROCER CO.

Know all men by these presents:
That we. Thomas J. Barley, a resident
of Phoenix, Maricopa County, Arizona
Territory, and Harry Gray, a resident
of Los Angeles, Los Angeles County,
California, desiring to incorporate
ourselves under the laws of the Terri
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.
Barley and Harry Gray.
ARTICLE II.
The name assumed by this corpora
ton and by which it shall be known
in all its business transactions is
BARKLEY & GRAY GROCER co.
The principal Office and place Of bus
mess of such corporation snail lie 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
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 III.
The general nature of the business
proposed to be transacted by this COR
poratiOn is that of conducting u whole
sale grocery business, also buying and
selling at wholesale and retail, mer-
chandise of every kind and character,
n Il /
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 pur-
poses herein set forth.
This corporation shall also have the
right to borrow money and contract to
pay the same at such time, on sucn
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 or hereafter acquire for
the purposes of securing any money so
borrowed or any debts due by this cor
pOration with all inter est, charges Or
damages that may be provided for by
the terms of the instrument evidenced
or securing any such indebtedness.
ARTICLE ".
The amount of the capital stock of
this corporation shall be One Hundred
and Fifty Thousand ($150, 000.00l Dol
lars, divided into One Thousand Five
Hundred shares of the par value of
One Hundred (S100) 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, al any time
or which it can, at any time subject
itself or be subjected to, is the sum OF
Fifty Thousand ($5G.000l 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
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 nesting of the
stockholders of this corporation, at
such time and place as shall De de5ig-
mated by the bylaws of this corpora
tion, and shall hold their office until
them successors are duly elected and
qualified. The following named per
sons, who are subscribers to the cap
itaI stock of this corporation, shall
constitute the board of directors for
the first year, Thomas ]. Barley and
Harry Gray.
No person shall be eligible to the Of
flee of director in this corporation I'm
less he is a stakeholder in the corpora
ton at the date of his election, and
any director ceasing to be a stockhoId-