Arizona republican., 1900-11-27
ARTICLES OF INCORPORATION
 OF THE PHOENIX COUNTRY CLUB.

We l.. H. Chalmers, Mrs. Harry J. Jones' Mrs. Webster Street. Mrs. J. C. Adams Mrs. E. Heyman. Hugh M Creighton. C. !. Hall and Mrs N. O. Murphy. desiring to incorporate our selves under the laws of the Territory of Arizona. and especially under the , provisions of an Act of the Legisla tive Assembly of said Territory. entitled An Act Concerning Corporations" ap- proved March Sth. 1887. and all acts amendatory thereof. for the purpose of
 engaging in the lawful enterprises.
 business pursuits and occupations here matter specified. do make and sub scribe. according to law. these articles of incorporation. and declare: The name of this corporation and by
 which it shall be known is the Phoenix Country Club: i;s principal office and
 place of transacting business is the
 City of Phoenix. Maricopa County. Arizona Territory and the time of the
 commencement of this corporation
 shall be the day of the filing of these
 articles of incorporation in the office
 of the County Recorder of said Mari , copa County Arizona Territory. and the termination thereof shall be twen- l ty-five- years thereafter.
 The enterprises. pursuits. business occupations and purposes for which this corporation is formed and In which
 il proposes to engage are to acquire.
 own and sell and generally deal in real estate and buildings of all kinds. mort gages. stocks of other corporations
 notes. bonds. and all kinds of securi-
 ties or property as shall seem fit or expedient to it's Board of Directors. to lease loan and negotiate rooms. ! houses. apartments and grounds. either for the use of the members of this cor
 poration. or for the purpose of profit or amusement. to acquire and own a H.
 brary. art galleries. statuaries. and all
 goods wares and merchandise. appli-
 ances of furniture. either for the phys
 ical or mental improvement and edu- cation of the stockholders of this cor
 poration. or for the pecuniary profit of this corporation itself. to promote so- ! cia bility among it's stockholders. to
 give entertainments and tournaments.
 and generally to act and engage in : such lawful occupations and diversions not In conflict with these articles or the 1 bylaws tO be hereafter adopted. to borrow money and contract to pay the
 same at such times and in such man. ner and al such rates of interest as shall be determined by the Beard of Directors. to hypothecate. mortgage or pledge all. or any part of the property
 of thiS corporation now owned or which
 may hereafter be acquired to secure the payment Of any debts which this corporation may become legally obliged to pay.
 The amount of the capital stock of
 this corporal tion shall be Fifteen Thou
 sand Dollars, divided into Six Hundred
 shares of the par value of Twenty-Five Dollars each. and the times when and
 the conditions upon which it Is to be paid in shall be as follows:
 The whole or any part of said stock shall be issued immediately upon mak- ing a subscription therefor. but said
 stock shall be fully paid before being issued. and not more than one share of said stock shall be issued to any one person. No share of stock shall be as sessab.e. except by two-third votes of ;he members of the Board of Directors. and then not exceeding the sum of Twelve Dollars per share in any one year, except by a vote of two-thirds of the stockholders present at a meeting
 called for that purpose.
 2.
 The amount of the par value of each
 share of the capital stock uf this cor
 poratio shall be Twenty-Five Dollars
 The highest amount of indebtedness direct or contingent. to which this cor
 poration shall subject itself. is the sum
 of Ten Thousand ($1O, ,OOO.OO) Dollars.
 The stockholders uf this corporation
 and their private property shall be eX- empt from all liability for the corpor-
 ate debts of this corporation.
 All the business affairs of this cor
 pOration shall be conducted by a board of Twelve directors. who shall be elect
 ed annually from the stockholders at such times and in such manner as shall
 be prescribed by the bylaws of this corporation.
 The following named persons who are subscribers to the capital stock of this corporation shall constitute the Board
 of Directors until the Third Saturday
 of October. 1901. and until their sue cessors duly qualified are elected. viz:
 l.. H. Chalmers. Mrs. Harry J. Jones.
 Mrs. Webster Street. Mrs ] C. Adams, Mrs. B. Heyman. Hugh NJ. Creighton. Charles C. Randolph R. Allyn Lewis
 F. w. Lewis. Dwight B. Heard. c. J. Hall and Mrs. N. O. Murphy.
 Any person ceasng to he sock