Arizona republican., 1901-11-19

payable m monthly 1nStallmentS. To do general contracting business. To buy and sell building materials. To iereot dwellings or store houses or other buildings, to purchase and improve real estate, and to sell the same. Also to procure grants and franchises from Nations, States and Municipalities.
 ARTICLE ".
 Among the powers of The corpora ton shall be the following: To have perpetual succession. to sue and be sued in its corporation name: to nave a common seal which may be altered lat pleasure; to render the shares or interest of stockholders transferable: and to provide the mode of making such transfer; and to provide the methods and plans of subscribing to it's icap.tal stock, its manner of payment and to adopt rules and regulations as to fines and fortfetures of stock sub ,scri5ed and paid for. for non-payment of stock subscribed and not paid for: 10 make contracts. acquire and trans fer both real and personal property possession the same powers in such re- lspeCt, as private individuals now pos isess; tc enact and establish bylaws. rules and regulation deemed neces- sary or expedient for the management O. it's affairs. not inconsistent with the laws of 1he United States of the Territory of Arizona or the laws of any foreign country in which it may en- gage to transact business.
 ARTICLE Y.
 The amount of Capital tSock of th's corporation shall be Five Million Dol lars Cs5.OoO,0oO divided into Fifty Thousand shares of the par value of One Hundred Dollars. CS100.00). each. ARTICLE VI | The affairs or business of this cor poration shall be managed or conduct ed by q Board of not less than five Directors. who shall be elected by and from among tie list Of stockholders of said corporation; said Board of Di- rectors are 10 be elected annually on the first Tuesday Of October of each year. and shall hold their positions as ! Directors for one year and until their successors are elected. and they shall choose from among their number q President and one or mere Nice-Presi- dents at their first meeting after their election as Directors and they shall have the power and authority to elect q Secretary and a Treasurer and any other officers. and appoint clerks, agents or employees. they may deem necessary for the management of the business of this corporation; all Vacan- cies occurring in the Board Of Direct ors between the dates of annual clec- ton of directors shall be filled by the remaining members of the Board: and they shall fix the salaries or compen- sation to be allowed the officers and employees of this corporation.
 ARTICLE VII.
 The stockholders of this corporation and their private property shall not br liable for the debts of The corporation. ARTICLE VIII. The capital stock-of this corporation shall be paid for in one of the following manners. to-wit: In cash. or other property at the time of organization of | the corporation, or at such other times and places, and in such manner as may be designated by the bylaws. or as may be fixed by resolution of the Board of Directors.
 ARTICLE TX.
 This corporation shall begin it's ac- tual corporate existence on the 18th day of November, 19C1. the date of which these articles Of incorporation are filed with the County Recorder of Maricopa County. Arizona. and shall continue and exist for twenty-five (25) years from that date.
 ARTICLE x.
 The highest amount of indebtedness lOr liability to which this corporation is at any time to subject itself shall no; exceed two-thirds the amount of it's lcapiial stock.
 ARTICLE NJ.
 The following persons who are citi- lzens Of the United States. and who are subscribers to a portion of the capital lstock of this corporation are hereby ldcsignatcd Gs the first Board of Direc- tors of said corpora tion. and who shall hold said position Directors until the first annual meeting of the stock holders on the first Tuesday Of October. 1902. to- wit:
 Maximilian Beer. Gottfried J. Konl- hepp. Edward HartunG. Thomas Sew ard, John C. Kinkel.
 IN WITNESS WHEREOF the fncor- bora tors have hereunto set their hands this, the Seventh day of November 19Oi
 MAMMALIAN BEER. .(SeaD EDWARD HAIlTUNG. CSealD IGOTTFRIED J. KoHLHEPP, CSeaD THOMAS SEWARD. CSealD JOHN C. KINEEL. CScaL WITNESS: GEO. w. DALTON.
 CNotarial Seal)
 State of New York. City of New York.
 Borough of Brooklyn. County of
 Kings, ss.
 Before me. Geo. W. Dalton. Notary Public in and for said County and State. on this day personally appeared MaSinilian Beer. Edward Hartung. Cottfried J. Kohlhepp. Thomas Seward. John C. Einllel, known to me to be the persons whose names are subscribed 10 the foregoing instrument and acknowl- edged to me that they executed the same for the purposes and coHsidera- tions therein expressed.
 Given under my hand and seal of office this 7th day of November. A. D.. 1901.
 (Seal1 GEO. W. DALTON,
 Notary Public for said County and State. My commission expires March 3Oth, |, l1gO3