Arizona daily citizen., 1901-01-25
Articles of Incorporation Of the Bar
nard. .DensmOre COmpAny,

KNOW ALL MEN BY THESE PRESENTS: That we,
the undersigned, residents OF the city, and
county, OF Los Angeles, California, have asso.
eiated ourselves together for the purpose OF
forming II 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 at Tue
son, in the Territory of Arizona, but it shall
have branch Office 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
man ufacture distilled and carbonated waters,
| and ice; and to do all things incident and ap
puFtenaDt thereto.
authorized is S75,0o0.00 and the number of
shares into which it shall be divided is $50. of
the par value of Sl0O 10 each.
That OF said stock so 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 az
portioned yearly to said preferred stock diSi-
dends at the rate OF six per cent per annum, be-
fore the common stock shall participate in the
earnings of the company; said preferred stock
shall not participate further in the earnings of
the corporation If during any year the net
earnings Shall not be sufficient to permit pay
| ment OF said per cent dividends to preferred
stockholders, then any deficiency shall be
made up from the dividends of succeeding
dividends 10 the common stock.
Fourth ALI 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.
Fith That the me oi the eommencement
and its corporate life shall endure for the pt-
rod of - years thereafter.
sixth-That the highest amount of indeb-
tedness or liability to which the corporation
shall al anv time be subject shall not exceed
the net assets OF said corporation.
Seven b. That the private property of each
Officer and stockhotder OF said corporation
shall b. exempt from liability for corporate
debts
Eighth;-That the affairs Of the corporation
shal be directed by board Of directors which
shall consist OF three members, who shall be
elected at an annual meeting Of the stnckhoid
ers TO be heid on the first Tuesday after the
second Monday OF each year after the year 1901
but II, before said meeting Is called. two-thrds
of the capital stock having n vote, shall, in
writing. to be kept ON Ole 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
cd ana appointed 20 serve q directors Of the
Densmere, Darlot Densmore.
Witness the hands and seals OF the incorpora-
tors this 4'h day of Janusry 1901.
w. H. baTHAFJs
Emmet Densmofe,
Derloi DensmoFe.
Ten cent Rev. stamp cancelled,
STATE OF CALIFORNIA
County Of Los Angeles.
On this i,h day OF January, 1901, before me
W. &. Petehner, notary public in and for Los
Angeles county, California, personally appear
ed Emmei pcnsmore, Darlot Denxmore and W
ii. Barnard personally known to me to be the
persons whose names are subscribed to the
foregoing instrument and acknowledged to
me that they executed the same for the purpose
and confederation therein expressed
Given under my hand and seal of Office, this
Attn day OF January. 1901.
". c. PETCHSER,
Notary public In and for Los Angeles county,
California.
(Notariai Seall
Ten cent Rev. stamp cancelled
1stpub Jan q, last pub Jan 81