Arizona republican., 1901-02-20
ARTICLES OF INCORPOHATION
 of ARIZONA LAUNDRY COMPANY.

ARTICLES OF INCORPOHATION
 of
 ARIZONA LAUNDRY COMPANY. We. John ! Koiberg, Frank Ains- worth and William K. Maull desiring | ;o Incorporate oars Ives under the provisions of the lawa of the Territory l of Alz na, for the purpose Of engaging | in the lawful enterprises, businesses i pursuits and occupations hereinafter | specified. do h rrpy adopt. sign and a. !. knowledge according to law the follow | ing articles of Incorporation, and de- . clan" dS follows:
 ARTICLE |. Tine names of the inc,rporators of th.s corpsraJion are John J. Kolher%. Frank Mnswoa;h and William K. MaulI. ana the name assumed by th's corporation and t9 which it shall be known in all is business trans actions hereafter, is, and shall b.. Arizona Laundry company, auI tha principal place of trans acting business is and shall be in the aity of Phoenix, Arizona, anE at such other place or places in the Ter it)ry of Arizona as it's board of di- rcctors may hereafter from time 10 ! time determine.
 ARTICLE II. 1 Th- general nature of the business ] proposed to b" transacted by this cor po.ation is. anG shall be, that of doing ! q general laundry business. and fir ! that purpose 1t shall have the right 10 own any and all kinds of personal property deemed necessary and advis- 1 able to us. in its business; also al real estate that it may deem necessary or advisable to us, in its business, and it may also own capital stock in other l like corporations; and it shall have the I'ght to lease property, to incur in debtcdncss and secure the payment of any debt by it incurred by giving it's nO,c secured by a mortgage of any ot | Its property, and to pay such rate of ! interest as the corporation may deem i advisable. or as authorized hy its board of directors,
 ARTICLE III.
 The amount of capital stock author. izcd, and tha times when and cOnli. tions upon which it shall be paid In arc as fellows: Tsp capital stock of this cooperation shall be 5000, divided intc fifty shares of the par Valur of 100 per share: one half to be paid in cash when subscribed for. and the .ther half in installments from time to time thereafter as called in by thr board Of directors.
 ARTICLE ".
 The time of the commencement Oe this corporation shall be the date of the filing of this articles of incorporati n in the office of the county recorder OC Marcopa county, and the time of ter imitation shall be twenty-five years thereafter.
 ARTICLE V.
 The officers and persons by whom the affairs of this corporation shall be conducted and the times at which they are to be elected are as follows: The corporation shall be conducted by a board of directors consisting Of three stockholders who shall b. elected an- nually cn the second Tuesday in Feb ruary in each year at the office or the corporation in Phoenix, Arizona, at the hour of 10 o'clock in the forenoon of . said day: and the officers of the cor pora ton shall he a president, vice president secretary anl treasurer, any two of which offices may. be held hy one and the same person. These off cers shall he elected annually from among the board of directors at their first meeting after heir annual cleo. ton in each year. Until the election If directors and off CTS, the following named persons shall bC the directors and officers of this cooperation, to-Wit: , John ]. Kolberg. dire, tor, president and general manager; William K. Maull, direc tor and president; Frank Ainswor,h, director. secretary and treasurer.
 ARTICLE VI. f The highest amount of indebtedness or liability to which this corporation