Arizona republican., 1901-12-25

SELL trade and traffic in timber and
timber lands: build railroads for its
own uses and purposes; to acquire and
dispose OF all manner and kinds OF
property. real. personal and mixed, in
| Guiding mines. mining claims. mineral
| lands. mill sites. dams and dam sites.
Also to do a general merchandise
| business; keep boarding houses. hotel.
and generally to do and perform all
| things necessary to and appurtenant
| to the general lumber and milling bus.
| mess; to erect and maintain ware
houses. factories, etc, for the
purpose of disposing of its pro-
ducts. selling the same to the
general public as it may see fit; TO
! buy. own, hold and dispose of stock
| in other corpora tons OF any kind or
! character whatever; and to carry on
and do general banking business.
That the capital stock of said COR
pora ton shall be two hundred thousand
| GOO. 00O) dollars. divided into two
| thousand (2.000) shares. of the sum OF
one hundred Q0O} dollars each. The
stock hereby created to be paid in upon
such terms and conditions as the boari
of directors OF the company may here
after determine.
That this corporation shall commence
on the Bird day OF January. 1898. and
to continue for the term of twenty-five
years from this date. aforesaid. The
affairs of this corporation shall be con-
Quoted by a board of directors, con-
sisting of five 80 stockholders, who
shall be elected annually by the stock
holders on the first Monday of January
of each year. at one Of the principal
offices in this article. to-wit: Phoenix,
Arizona. and King City. IN the state OF
Missouri Notice of the time and
place of holding said annual meeting
to be given by the secretary as the
bylaws of this corporation shall pro
vide.
The said directors shall hold their
office for the term of one year from
the date of their election and until
their successors shall be elected and
qualified unless they shall in the mean
time cease to be stockholders of this
| corporation, and any person ceastng 10
be a stakeholder in this corporation
shall cease to be director or officer
of the same The following named
persons, who are subscribers of the
! capital stock of this corporation. shall
constitute the board OF directors of this
corporation until the first Monday of
January. 1899. and until their success
sors shall be duly elected and qualified.
! H. p. DeMund. G. f. DeMund and J.
! w. Liggett.
| Vacancies in the board of directors
shall be filled by the remaining MEM
bers of the. board for the unexpired
term of which such members shall be
| n quorum, and any meeting OF such
board OF directors at which a quorum
is present shall be deemed a legal
4 meeting and have the same authority
as a full board. whether notice of the
meeting of the board shall be given or
not.
The officers of this corporation shall
| be President, Vice President. Secre-
| tary and Treasurer.
/ The private property of the stock
/ holders and officers of this corporation
is to be exempt from corporated debts
| of THE corporation. This corporation
| shall not at any time subject itself to
| liabilities in excess of the sum of sew
cnty-five thousand dollars. either di-
rect or contingent That none of the
stock of this corporation shall be as
sessable for s.ny purpose and when
| issued shall express ON its face that
| IL is n-assessable.
| In Witness Whereof we have here
| unto set our hands and seals. this Bird
day of January. 1898.