Arizona republican., 1901-08-28

ing. heating and motive power, and the
using. selling. renting. leasing. bonding
and otherwise disposing Of the same;
TO do general real estate and mer-
camille business Ito own and control
letters patent and inventions; and the
doing and performing of any and all
other acts not inconsistent with the
laws OF the Territory Of Arizona, made
ana provided for the government Of
corpora tons.
III The amount Of the capital stock
of this corporation shall be TWO Mil
lion CS2.OOO.0O0) Dollars, divided into
Two Million (2,0oOOO0) shares OF the par
value Of One % Dollar each; each fully
paid up and forever n-assessable.
and that there shall be issued inmedi-
ately after this incorporation is formed
and created. one % share OF the said
capital stock Of said corporation to each
Of the individuals named above as in
corporators of this company; said stock
so issued TO these individuals being
fully paid up by them and each Of Them.
and that said stock and that all stock
to be hereafter issued by this corpora
/ lion and Directors and Officers thereof.
shall be non-assassable for-any purpose
| Whatever and that all OF said stock
fshall be paid for Immediately when is
sued by this corporation, and upon de-
/ livery to the purchasers thereof Among
the powers 81 this body corporate shall
/ be: To have perpetual succession: to
! ste and be sued by its corporate name /;
{ to have common seal and alter the same
at pleasure; to prescribe the mode Of
! making transfers of stock or interests
of its stockholders to make contracts.
/ to acquire and transfer property of
every kind and description, both. real
! and personal. ana 20 possess the same
powers in such respects as private in
! divldual5 now enjoy; to establish by
laws and make all rules and regulations
deemed eXpedlent for the management
Of its affairs not Inconsistent with the
laws and Constitution OF the United
2 States and the laws of the Territory of
Arizona.
Nv. The time OF the commencement
Of this corporation shall be the date Of
the Ming OF these Articles Of Incorpo-
ration, In the office &c the Secretary Of
Arizona. and the termination thereof.
shall be twenty-five t25) years there
after
/ V. The affairs Of this corporation
shall be conducted in accordance with
the bylaws established By Board Of
Directors TO be elected annually by the
Stockholders Of this company, said an
Eual election shall be held on the second
Tuesday Of July OF each year; the pres
ent BOARD being elected as soon after
III adoption OF ;hese Articles Of Incor.
poration as a meeting OF such stock
holders can be convened the present
Board serving until the next annua,
election. o. urtil their SUCCESSORS are
qualified. No person is eligible 10 be
a Director who is not stockholie:
thereof. and any Director ceaslng to be
a stakeholder the Office az once becomes
vacant and may be filed by the Board
Of Directors at their next meeting.
VI The highest amount Of indebted.
ness or liability direct or contingent; &c
which this corporation is at any time to
subject Itself or may incur for ans
purpose shah not exceed over Tex
Thousand $4,000 Dollars
VII The private property of the
stockholders Of this corporation shall
Be exempt from ami not liable in any
case for any OF the debts created by thi.
corporation
VIII. The Board OF Directors of thi:
corporation Mt the line Of its organiza.
ton shall consist of nine go members
who shall have power to elect the Pres.
iient. First President. Second
Vice President. Secretary and Assistant
Secretary. from their own number; also
to make bylaws rules and regulation.
necessary to carry into execution the
affairs of this company; nothing shat
be inconsistent with he laws Of tho
United states or the Territory Of Ari.
IONA
IN WITNESS WHEREOF. we have
hereur,o set our hands and seals thi,
Twenty-seconi day Of June, Nineteer
Hundred and One.
Names Of
IncGrpOratOTs. shares. Amt Stock
NfI'C L KERR Ono Ono DolIo,