Arizona republican., 1900-11-24

securing and making investments oi all kinds in all kinds of property real or personal. either for itself or as agent for other parties; buying holding and selling, either for itself or for other parties. real property. horses. cattle. mines and mining claims. and aiI kinds of property real or personal wherever situated: all the business of agent for insurance companies of all kinds. se- curing or effecting insurance on lives or on any kinds of property real or per sonal. with or without commission: acting as trustee in all cases. and re- ceiving. holding. investing and having charge of t~''-t funds and estates: making discounts; also leasing or rent ing all kinds of property. real or per sonal, either for itself or as agent for any other parties; also bonding min ing properties and working the same either for itself or other parties: also to borrow money and hyp0thacl-e mortgage or pledge all or any part of the property of the corporation 10 se- cure the same: also all other businesses or transactions incident to the Lusi- nesses above mentioned.
 ARTICLE 3.
 The amount of the capital stock ot thls corporation shall be S25.0OO di- Vlded into 25O shares. of s100 each: of tnis amount $1O,000 shall be paid in immediately on making the subsc1ip- ton therefore, to be paid e:sher in cash or property. the remainder of the capital stock shall be paid in at such times and in such manner as the boarI of directors may describe.
 ARTICLE 4.
 The time of the commencement of this corporation shall be on the filing of these articles in the office of tn. county recorder of Marieopa county. and the time of it's termination shall be twenty-five years thereafter.
 ARTICLE ,.
 The affairs of this corporation are to be conducted by a board of directors. consisting of three stockholders. who shall be elected annually by the stock holders at the annual stockholders meeting. which shall be hell at the of- flee of the corpora ton at Phoenix. Arizona, on the second Monday in No Vember of each year. Said directors shall hold their offices for one yal~ from the date of their election. and until their successors shall be duly ,Iecied and qualified, unless they shall in the meantime cease to be stockholders in this corporation. any person ceasins to be stockholder teasing at the same time to be a director or officer in the corporation, and any vacancies in the board of directors or the officers of the corporation being filed by the remain ing directors for the unexpired terms. The officers of the corporation shall be CD president. @ vice president. ard (3) secretary and treasurer. who shall all be directors and shall be elected by the directors at the first meeting after their election. A majority of the board of directors shall constitute a quorum to do business, and any meeting at which a quorum is present shall b. deemed a legal meeting for any pur- pose, whether notice of the meeting shall have been given to the absent members or not. Until the first an nual meeting. the following named persons. Who are subscribers to the capital stock of the corporation. shall constitute its board of directors. viz: James H. Creighton. Laura C. Creigh- ton and Hugh NJ Creighton.
 ARTICLE 6.
 The highest amount of indebtedness or liability to which this corporation is at any time to subject itself is $lO0.- 000
 ARTICLE :.
 The private property of the stock holders of this corporation is to he exempt from the corporate debts
 ARTICLE S.
 The artiees of incorporation may be amended at any regular meeting of the stockholders. or at any special meeting called for that purpose, by majority vote of the stockholders: and when any such amendment is made it shall be signed and acknowledged by the president of the corporation and then have the same force and effect as if signed by all the stockholders.
 In witness whereof. we have here unto set our hands this 12th day of No vember, 1900.
 JAMES H. CREIGHTON.
 LAURA c. CREIGHTON.
 HUGH NJ. CREIGHTON. Territory of Arizona, County of Mari copa, ss.
 Before me. William English. a notary public for the county and territory aforesaid. on this day personally ap- peared James H. Creighton, Laura c. Creighton and Hugh M. Creighton. known to me to be the persons s-==hO executed the foregoing articles of in- corporation, and each acknowledged to me that he or she executed the same for the purposes and consideration therein expressed.
 Given under my hand and official seal this. 12th day of November. 1900.
 WILLIAM ENGLISH.
 Notary Public My commission expires Mar. 19. 1904.