Arizona republican., 1901-03-11

| | II. That the general nature of tke business proposed to be transacted by said corporation is a general mercantile
 business and manufacturing various | food products. with power to purchase | and hold lands and sell the same when necessary: to purchase, sell and hold stocks and bonds. 10th in foreign and | domestic corporations. and to purchase all necessary p2tents for conducting | itc - s' L..3.
 | -. That tn amount of capital [, stock shall be fl hundred thousand
 dollars (s500,000) e"d the number of | shares into which Is divided is fifty | thousand (50,000) O. the par value of | ten dollars Cs10.0O pc share each. ". All of said stock shall be fully | paid and non-assessal. e
 V. One hundred thousand dollars | (s100, ,000) of said stock shall be first preferred and shall be entitled to six per cent G per cenD per annum a. accumulated earnings, to be first paid l before ttre payment of any dividends an any other classes of stock. but shall not participate in any of the earnings of the said company over and above | said six per cent e per l2enD per annum. Said one hundred thous-
 and dollars .(s1O0,00O) of first pre- | ferred stock shall also be preferred. in | case of liquidation. as to its principal
 in full.
 VI. Three hundred thousand dollars | (S3C0, ,0C0) of said stock shall be second preferred stock and shall be entitled to two per cent e per cenD per
 annum accumulated earnings, to be paid next after the six per cent G per cenD hersinbefore provided to be paid on the first prefer
 red stock, and before any dividends are paid on the common stock. After two per cent @ per cent) has been paid on
 common stock, then said second pre- ferred stock shall share and share alike with said common stock, until both said second preferred and said common stock shall receive eight per cent tS per cen) dividends per annum, includ- | ing said two per cent e per cenD. All ! earnings in excess of said eight per cent (S per cet1t) shall be paid on the 1 common stock. In case of liquidation, said, second preferred stock and the common stock shall share and share aiiks as to the principal. Said second preferred stock is non-assgnable and
 non- n-transferrable, except that 1t may by consent of the board of directors be assigned and transferred.
 VII. There shall be one hundred thousand dollars GlO0.O00) of common
 stock. Said common stock shall be en-
 titled to all the earnings of said corp ti nd af ff hn fsY1
 first and second preferred stock as hereinbefore nentioned. Neither the
 first nor second preferred stock shall be
 entitled to vote or have any control
 over the management of said company,
 at any of its meetings, until there are
 in arrears five G) years dividends on
 first preferred stock. Then, in case said
 company is in arrears for five G) years
 of accumulative dividends on first pre- ferred stock. said first and second pre- ferred stock shall vote with common
 stock, share and share alike, in the
 management of said company.
 VIII. The time of the commencement
 of said corporation shall be on the fif-
 teenth day of February, 1901, and the time of its termination shall be on the fifteenth day of February. 1925. TX. That the officers of said corpor- alton to conduct it's affairs shall be
 board of five (O directors, who shall
 be elected at the annual meeting of
 stockholders entitled 10 vote, on the first Tuesday after the first Monday in each year.
 x. That the highest amount of in debtedness or liability to which the
 said company is at any time to subject itself Is four hundred thousand dollars (s40G. .O00)
 NI. That the private property of each officer and stockholder of said
 company is to be exempt from all com pany debts.
 XII. These articles of incorpora- l ton may be amended at any meeting of the stockholders call ed for that purpose, by majority
 of the stock of said corporation enti- | tied to vote. In witness whereof we have hereunto
 set our hands and affixed our seals this 30th day of January. 1901.
 (SeaD SIMON F. HALLAGAN. (SeaD EDWARD KANALEY (SeaD GENEVIEVE KANALEY | NcedD hDN IN n. N1bAbE-. State of New York. county of New York:
 On this 30th day of January, 1901. be-
 fore me, a notary public in and for the county of New York, state of New
 York. personally appeared simon E. Hallagan, Edward Kanaley, Genevieve | Kanaley and Edwin E. Nilade, to me | personally known and known to me to
 be the persons whose names are sub | scribed to and who executed the fore ! going instrument, and they severally
 and duly acknowledged to me that they
 executed the same for the purposes and considerations therein expressed Tn witness whereof I have hereunto
 set my hand the day and year first
 above written. My commission ex- | pires on the 30th day of March, 1902. CSeaD SIDNEY H GURNEE. Notary Public No. 13i New York County.
 Ten ct, I. K. stamp cancelled. | Territory of Arizona. county of Mari copa, ss.
 I. B. F. McFall. county recorder in and for the county and territory afore-
 said. hereby certify that I have com
 pared the foregoing copy With the | original articles of incorporation filed and rocprdaI in p,y i,fIieo nm tho 7tb