Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1901-01-02

thorized. and the time when and con-
ditions upon which the same Is to be
paid in. are as follows: The capital
stock shall be S5.00a. DIVIDED into 5000
shares Of the par value OF one dollar
per share: the capital stock shall be
paid in full when subscribed, and af-
ter being 50 paid and certificates Is
sued thereon. such stock shall he non"
assessable.
ARTICLE ".
The time OF The commencement Of
this corporation shall be the datr Of
the filing Of these articles In the Office
Of the county recorder OF Marlropa
County, Arizona. to-wt: On the 2Sth
day of November, 1900, and the time Of
the termination of this corporation
shall be twenty-five years thereafter.
ARTICLE V.
The officers ami persons by whom
the affairs OF ahis corporation shall be
conducted, and the times a. which they
shall be chosen, shall be as follows,
to-wit: A board of directors, con-
sisting of three stockholders. to be
bfSt
in March. at the Office of .he corpora
ton in the city OF Phoenix. at ten
o'clock in the forenoon Of said day:
the officers shall be a president. vice.
president. secretary and treasurer: the
secretary and treasurer may be one and
the same person. or The vice-president
and secretary may br one and the
same person; these officers shall be
elected at the first meeting Of the
board of directors held after their cleo
ton, from among the members of said
board. Until the first annual election
Of directors, and the election of the
officers of this corporation, the folrow-
ing named persons shall BE- the direct
to-wit: S. NJ. MCGOWAN, director and
president; j. Ernest Walker, director
and vice-president; Hugh II. Price, dl-
rector and secretary and treasurer.
ARTICLE VI.
The highest amount of Indebtedness
or liability to which this corporation
is at any time to subject itself is the
sum Of $1,000.
ARTICLE VII.
The stockholders OF this corporation
and their private property shall be ex-
empt from the corporate debts Of the
corporation.
ARTICLE VIII.
All vacancies in the board of direct
ors shall be filled by the remaining
members of the board. The board II
directors shall have power to adop:
bylaws and prescribe In said bylaws
the method Of calling meetings Of the
stockholders and board of directors
Any meeting of the board Of directors
at which majority of the board Shall
be present shall be deemed a legal
meeting and have the same power and
authority as a full board. whether NO
tice Of the meeting shall have been
first given to the absent members Of
the board or not.
ARTICLE *.
These articles Of incorporation may
be amended at the annual meeting of
the stockholders. or, at any specia!
meeting of the stockholders callei for
that purpose; and whenever any
amendment shall be adopted at any
such meeting, the same shall be csrii-
fed to by the president and secretary
and have the same force and effect
as though signed by all the stockhold-
ers Of the corporation.
In witness whereof, We have here
unto set our hands this 9th day Of
November. 1900.
8. NJ. MCGOWAN.
J. ERNEST WALKER.
w. X. MAULL.
c. V. SAYRE.
BLAKELEY GRAHAM
HUGH H. PRICE.
q. r. Stp. Cncld0
Territory Of Arizona, County of Mari
copa, IS.
Before me. William English, notary
public in and for the county and terri
tory aforesaid, on this day personally