Mesa free press., 1900-09-14
J. H. KIBBEY. A. }. EDWARDS
Kibbey & Edwards
LAWYERS.
Rooms /, 2, 4, 6. STE1VEGGER BUILD'a.
1921 s. Center st. Phoenix, A. 7.
Articles Of Incorporation

Articles Of Incorporation.
Be 1t Known that we, l.. Salter aud J. G..
Peterson do hereby acknowledge and subscribe
to the following Articles of Incorporation
under the provisions of 9ftle XII of the Revised
Statutes of the Territory of Arizona.
ARTICLE !.
The name of this corporation shall be The
Peoples Store. The principal place Of busi-
ness shall be in Mesa City, Maricopa County.
Ariz< ma.
ARTICLE II.
The general nature of the business transacted
shall be a general merchandise business. &C
quiring and disposing of real estate, personal
snd other property, and to transact any and al!
businees which may be transacted by q natural
person. To borrow m eney and t. contract to
pay the same at sucI time or times and with
such rate or rates of interest as to its Board of
Directors mas seem proper and fit, and to hy-
pothecate. mortgage or pledge all or any part
of the property which this corporation may
hereafter acquire, to secure the payment of such
money with interest. or to secure the payment
of any debt of this corporation with such in
terest or interests thereon as it may be legally
obligated to pay.
ARTICLE III.
The capital stock of this corporation shall be
the sum of Ten Thousand Dollars ($1O,0O0) di-
vided into two thousand shares of the par value
of five dollars ($5.O0) each No capital stock
shall be issued until paid for, and it shall be
non-assessable.
ARTICLE ~.
The corporate powers of this corporation
shall be vested in board of three directors
who shall be stock holders duly entered as such
upon the books of the corporation. and said
Directors shall be duly elected by a msjority
vote of the stockholders at the annual meeting
Of stockholders to BE held on che 10Th day of
January in each year. The following named
persons shall constitute the Board of Directors
of this corporation until the 18th day Of Janu
ary, 1901, or until their successo RS be elected
and qualified, viz L. Salter, j. g. Peterson and
Florence Salter, '~'''. : ::
ARTICLE vi.
The officers of this corporation shall consist
OF President and Treasurer. The
following named persons shall serve as said
officers until the til day of January, 1901, OF
until their successors are elected and qualified,
viz: J, g. Peterson, President, and l.. Salter,
Secretary Treasurer
ARTICLE VII.
The highest amount Of indebt edness to which
this company shall at any time subject itself
shall be the sum of Five Thousand Dollars.
ARTICLE VIII
The private property of its stockholders shall
be exempt from the corporate cebts of this
corporation.
ARTICLE TX.
These articles may be amended at any time
by two-thirds vote at meeting of the stock
holders, called in accordance with bylaws to
be hereafter adopted, said amen dment to be
filed with the Recorder Of Maricopa County
Arizona Territory. -:
In witness whereof we have herecntu set our
hands this 9th day of August, 1900.
L. SALTER,
J.G PETERSON.
Territory Of Arizona, GO
County of Maricopa. 90
Before me, Frank T. Pomeroy Notary Pub
lie in and for .the County Of Maricopa, Terri
tory Of Arizona, on this day personally appear
ed L. Salter and J. &. Peterson, known to mo
to be the persons whose names are subscriber
to the foregoing instrument, and acknowledged
to me that he executed the same for the pur
poses and.consideration therein expressed.
Given under my hand and seal of Office this
1st day of August, A d 1900. :
FRANK T. PoMERoY,
Notary Public
My Commission Expires April %, 1900. 60
tiled and recorded in office of County Re-
corder of Marioopa County, Arizona, this 2nd
day of August, 1000.
(SeaD F,W. SHERIlA
County Recorder.
By c. w. Barnett, Dep. -"
lOct l. R. stamp cancelled.
First publication Aug II: