Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1901-12-30
AMENDED ARTICLES OF MOOR
PORATION OF THE
DeMUND LUMBER COMPANY.

|
Know All Men by These Presents
That we. II. y. DeMund and A. l.. Pc
Mind. OF the city of Phoenix. in The
county of Maricopa. in the territory
. Of Arizona and c. Il. .DeMund ana J.
W. LigEett of King City, in the county
/ of. Gentry. in the state of Missouri.
have this day voluntarily associated
ourselves together for the purpose of
forming corporation under the lawsof
the territory of Arizona. with It's prin-
i eipal place of business IN the city of
, Phoenix. in the territory o. Arizona.
| And we hereby certify that the naite
of said corporation shall be "DeMund
Lumber Conpany''
| The business of this corporation shall
: be, and 1t is organized for the purpose
I OF acquiring and building and operat-
I ing any and 8 Il kinds OF saw mills and
! planning mills: acquiring timber and
timber lands to be used in conjunction
| with the operation of said mills: dis
, posing of said lands and the products
! of said mills. Said corpora ton shall
, have full power and authority to buy,
sell trade and traffic in timber and
| timber lands: build railroads for it's
own uses and purposes; to acquire and
, dispose of ali 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 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 it's pro-
ha 70 he
general public as 1t may see fit; TO
| buy, own, hold and dispose of stock
| in other corporations o; any kind or
| character whatever; and TO carry on
and do a general banking business.
That the capital stock of said cor
poration shall be two hundred thousand
| (20O.0OO) dollars, divided into two
| thousand (200O shares. of the sum of
one hundred UO0) dollars each. The
stock hereby created to be paid in upon
such terms and conditions as the board
of directors OF the company may here
after determine.
| That this corporation shall commence
on the 3rd 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-
1 sisting OF five CO.. stockholders. who
shall be elected annually by the stock
| holders On the first Monday of January
| of eacn year. at enc Of the principal
: Offices in this article to-wit: Phoenix.
Arizona. and King City. in the state OF
Missouri. Notice o. 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 he stockholders of this
corporation. and any person ceasinE 20
/ be a stockholder in this corporation
shall cease to be a 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. +. DeMund. g. Z. DeMund and J.
W LiSgett.
| Vacancies in the board of directors
shall be filled by the remaining menu
bers of the board for the unexpired
term OF which such members shall be
|
! board of directors at which quorum
is present shall be deemed n legal
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-
1 tary and Treasurer.
! The private property of the stock
! holders and officers of this corporate
is to be exempt from corporated debts
of this corporation. This corporation
shall not at any time subject itself to
| liza Utilities in excess of the sum of sew
| enty- five thousand dollars. either di-
rect or contingent. That none of the
stock OF this corporation shall be as
sessable for any purpose and when
issued shall express ON it's face that
| it is -assessable.
| In Witness Whereof we have here
unto set our hands and seals, this 3rd
day of January. 1898.
| II. p. DeMUND,
| a. l.. DeMUND.
c. e. DeMUND.