Arizona republican., 1901-01-01

paid in, are as follows: The capital
stock shall be $5,00n. 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 80 paid and certificates Is
sued thereon, such stock shall he non.
asse ssable.
ARTICLE w.
The time of The commencement Of
this corporation shall, be the datr Of
the filir~ 90 t''tse articles In the Office
GO ~ recorder of Mariaopi
~, Arizona to-wit: On the 2Sth
LAY of November. 1900, and the time Of
shall be twenty-five years thereafter.
ARTIC. IL V.
The officers ami persons by whom
the affairs Of this corp ora ton shall be
| conducted, and the times a. which they
shall be chosen, shall be as follows,
to-wit: A beard Of directors, con-
sistipg of three stockholders, to be
e..cted annually on the FIRST Monday
| 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 be 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 firsR annual election
Of directors. and the election of the
| officers of this corporation, the follow
! ing named persons shall he the direct
! ors and officers OF this corporation,
| to-wit: S. M. MCGOWAN, director and
| and vice-president; Hugh II. Price, d.
rector and secretary and treasurer.
ARTICLE VI.
The highest amount of indeb tedness
or liability to which this corporation
/ is at any time to subject itself is the
sum of $1,000
ARTICLE VII.
TIE stockholders of this corporation
and their private property shall be ex-
| empt from the corporate debts Of ths
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 by-laws
the method of calling meetings of the
| stockholders and board of directors.
Any meeting of the board of directors
at which n majority of the board Shall
be present shall be deemed g. 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 IL.
These articles of Incorporation may
be AMENDED at the annual meeting OF
the stockholders, or at any special
meeting of the stockholders callel for
that purpose; and whenever any
amendment shall be adopted at any
such meeting, the same shall be csri-
fled to by the president and secretary
and have the same force and effect
as though signed by all the stockho DID,
ers OF the corporation.
In witness whereof. We have here
unto set our hands this 9th day of
November. 1000.
S. N. MCGOWAN.
]. ERNEST WALKER.
w. X. MAULL.
c. " SAYRE.
BLAKELEY GRAHAM.
HUGH Fl. PRICE.
Ct. r. SIP. Cncld.)
| Territory of Arizona, County of Mari
copa, IS.
| Before me, william English, a notary
public in and for the county and terri
tory aforesaid, on this day personally
appeared S. NJ. MCGOWAN. Ernest
Walker, w. X. Maull, C. V. Sayre, b.
Graham and Hugh II. Price, known to
mt to be the persons whose names are
subscribed to the foregoing instru-
ment, and acknowledged to ne, each
for himself, and not one for the other,
THAT they executed the same for the
purposes and consideration therein Px-
pressed.
| Given under my hand and official seal
this 2Sth day of November. 1900.
[seall. WILLIAM ENGLISH.
Notary I.iblic.
My commission expires March 10
1904.
|