Arizona republican., 1901-11-27

terest, and payable Tn such time and ! manner and for such purposes as the Directors shall by vote authorize; also | to have authority to borrow on such bonds on such terms as the Directors may authorize; to use the proceeds and avails of such bonds, so much there | of as shall be necessary, to acquire in vention and patents in gas and electric apparatus; to secure, by purchase or | otherwise, franchises for the furnish l ing of gas and electric current for any and all purposes: and acuqiring the necessary real estate, and constructing thereon necessary buildings, foun- dry, machinery, and installing such ! other apparatus as is necessary for a complete gas and electric plant adequate to supply the said City of Topeka and It's suburbs. | Also to buy. sell. deal in and use any and all kinds of guaranty or debenture | or other bonds and use the same. or | any portion thereof. to secure all. or any portion, of its own issue of bonds, as the Board of Directors of the com pany shall, by vote, decide. 1 For the further purpose of manufac- turing and making gas and electric current and the distributing and de- livering of same for any and all pur poses for which they can be used. in the said City of Topeka, and its sub urbs. To build and acquire gas and electric plants and works, and any and all other forms of industry in or by which gas. electricity any other kind of fuel, light, heat or power can be used in the said City of Topeka. and its suburbs. To manufacture and deal in any and all kinds of machinery and apparatus for manufacturing, vending and using gas and electricity and any and all other kinds of light, heat. fuel or power in the said City of Topeka and it's suburbs. To manufacture, pro duce, buy, sell. distribute, deliver and utilize any and all forms of products and by-products that may enter into and result from the manufacture, sale. distribution, delivery and use of gas and electric current for any and all purposes in the said City of Topeka, and its suburbs. To buy, lease. ac- quire, construct, deal in and use any land building foundry. machinery, apparatus or article necessary for, or useful in, carrying out any or all of the above named purposes; and to in gen. eral do all things necessary to the proper conduct of the business of this corporation in the Territory and else where, not inconsistent with the laws of the United States and the Territory of Arizona.
 
 The authorized amount of capital stock of this corporation shall be Eff teen Hundred Thousand Dollars C$1,- 800. O00.O0 divided into fifteen thousand shares of the par value of One Hun dred Dollars Cs1O0.0O) each At such time as the Board of Directors rsay by resolution direct. said capital stock shall be paid into this corporation either in cash. or by the sale and ;f of erty for the uses and purposes of said corpora tion. in payment for which shares of the capital stock of said cor poration may be issued. and the cap ital stock so issued shall thereupon and thereby become and be fully paid up and non-assessable. and in the absence of actual fraud in the transaction the Judgment of the Directors as to the value of the property purchased shall be conclusive.
 FOURTH.
 The time of the commencement of this corporation shall be the date of the filing of these Articles of Incorpo- ration in the office of the Secretary of Arizona, and the termination thereof shall be twenty-five years thereafter.
 FIFTH.
 The affairs of this corporation shall be conducted by a board of seven @
 
 shall constitute the Board of Directors upntn their successors are elected and qualified: w. P. Black. James A. Todd. Abner Hurd. W. J. Faulkner. F. P. Nutting, Frank E. Hayner and Charles Turner Brown. all of the said l City of Chicago. Thereafter the Board of Directors shall be elected from among the stockholders as the bylaws of the corporation may provide.
 
 The highest amount of indebtedness or liability. direct or contingent. to which this corporation is at any time subject shall be One Million Dollars | (s1, LOCO, ,OOO.OO).
 SEVENTH.
 The private property of the stock holders of this corporation shall be ex- empt from corporate debts of any kind whatsoever.
 EIGHTH.
 Any stockholder of this company shall have the right at any and all stockholders meetings of this com pany to vote by proxy if he so prefers.
 IN WITNESS WHEREOF. We have hereunto set our hands and seals this nineteenth day of November, A. D.. 1901.
 | FRANK D. LANE. (SeaL) WILLIAM ENGLISH. (Sea1) C. V. SAYRE. (Sea) | Territory of Arizona, County of Mari copa, ss.
 On this nineteenth day of November. | in the year A. D., 1901 before me, Lloyd E. Christy. q Notary Public in and for the Territory and County aforesaid. residing therein. duly commissioned