Arizona daily citizen., 1901-01-26
Articles of Incorporation of the Bar.
nard. Densmore Comuany.

KNOW ALL MEN BY THESE PRESENTS: That we
the undersigned, residents of the city, and
county, of Los Angeles, California, have asso-
ciated ourselves together for the purpose of
forming corporation under the laws of the
Territory of Arizona, and We do hereby certify :
First.-That the name OF the corporation
shall be the Barnard Densmore company, and
Its principal place OF business shall be ut Tue
son, in the Territory Of Arizona, but 1t shall
have branch once in the city of Los Angeles
county of Los Angeles, California
Second. That the general nature OF the busi-
ness TO be transacted by said corporation is: to
put up and preserve all kinds Of fruits, and to
manufacture syrups and fruit juices; also to
manufacture distilled and carbonated waters,
and ice; and TO do all things incident and ap-
Third.-That the amount of capital stock
authorized is 15,0O001, and the number of
shares into which it shall be divided Is 75o of
the par value of $4,000 each.
That of said stock 800 shares shall be common
stock, and 80 shares shall be preferred stock
That said common stock shall alone be voted,
and said preferred stock shall have no voting
power.
That from the net earnings there shall be ap-
portioned yearly 10 said preferred stock diVi-
dends at the rate OF six per cent per annum, be-
lore the common stock shall participate in the
earnings of the company; said preferred stock
shall not participate further in the earnings Of
earnings shall not be sufficient to permit pay
nent OF said per cent dividends to preferred
stockholders, then any deficiency shall be
made up from the dividends of succeeding
years before any apportionment Is made OF
dividends to the common stock.
Fourth.-All OF said stock shall be full paid
and non -assessable. All of said common stock
shall be paid in within 30 days after the taking
effect of these articles, and said preferred stock
shall be paid in upon the issuance thereof
of this corporation shall be January -, 1891,
and its corporate life shall endure for the pc
riod OF 25 years thereafter.
SiXth.-That the highest amount of indeb-
tedness or liability to which the corporation
shall at any time be subject shall not exceed
the net assets of said corporation.
Seventh.-That the private property of each
officer and stOekholder OF said cooperation
debts.
Eighth.-That the affairs Of the corporation
shall be directed by a board Of directors which
shall consist OF three members, who shall be
elected at an annual meeting of the stock hold
ers to be held on theffirst Tuesday after the
second Monday OF each year after the year 1901 !;
but II, before said meeting 10 called two-thirds
OF the capital stock having vote, shall, in
writing to be kept on file with the secretary
have requested that no election be held for any
given year, then the board of directors then in
office shall hold over until the next election
But until the first annual meeting of the stock
holders under these articles, and until their
successors shall have been elected and shall
have qualified. the following are hereby select
corporation, to-wit: W. H. Barnard, Emmet
Densmore, Darlot Densmofe
witness the hands and seals OF the incorpora-
tors this 4th day o. January, 1901
w. H. Barnard,
Emmet Densmore,
Darlot Densmore.
STATE OF CALIFORNIA,
County OF Los Angeles. ss
ON this 4th day OF January, 1901, before me
W Z, Petchner, notary public In and for Los
angeles county, California, personally appear
sa Emmet Densmore, Darlot Densmore. and w
h Barnard, personally known to me 10 be the
persons whose names are subscribed to the
foregoing instrument, and acknowledged to
me mat they executed the same for the purpose
ana confederation therein expressed
Given under my hand and seal OF Office this
4th day OF January, 1901.
w C. PETCHNER,
Notary public in and for Los Angeles county
California.
{Notarial SeaD
Ten cent Rev. stamp cancelled. .
LIST pub Jan Is, last pub Jan 81