Arizona republican., 1901-11-18

ITO loan it's funds on mortgages, re- payable in monthly miscellaneous. To ldo q general contracting business. To buy and sell building materials. ID lerect dwellings or store-houses or other buildings. to purchase and improve real estate. and to sell the same. Also to procure grants and franchises from
 Nations, States and Municipalities. ARTICLE ".
 1! Among the powers of the corpora i tion shall be the following: To have ! perpetual succession, to sue and be sued in it's corporation name; to have a common seal. which may be altered at pleasure; to render the shares or interest of stockholders transferable: and to provide the mode of making such transfer: and 10 provide the methods and plans of subscribing to it's capital stock. it's manner of payment. | and Ia adopt rules and regulations 2s to fines and fortfeitures Of stock sub scribed and paid for. Tor non-payment of stock subscribed and not paid for: 10 make contracts. acquire and trans fer both real and personal property i possession the same powers in such re- spect. as private individuals now pos sess. to enact and establish by-la ws. ] rules and resuia tions deemed neces- sary or eNpedient for the management Of its affairs, not inconsistent with the laws of the United States or of the Territory of Arizona or the laws of any | foreign country in which it may en- gage to transact business. ARTICLE V. The amount of Capital tSock of this corpora ton shall be Five Million Dol lars (S5.C00 COO divided into Fifty Thousand shares of the par value of nr,.. Errndra1 D,f1ar-e fE1Uu .aarD ARTICLE VI.
 The affairs or business of this cor poration shall be managed or conduct ed by a Board of not less than five Directors. who shall be elected by and from among the list of stockholders of said corporation. said Board of Di- reCtOrs are 10 be elected annually on the first Tuesday Of October of each year. and shall hold their positions as Directors for one year and until their successors are elected. and they shall choose from among their number a President and one or more Nice-Presi- dents at their first meeting after their election as Directors and they shall have the power and authority to elect a Secretary and a Treasurer and any other officers, and appoint clerks. agents CT employees. they may deem nee essary for the management Of the business Of this corpora ton; all vacan- cies occurring in the Board of Direct ors between the dates of annual clec- ton of directors shall be filled by the remaining members Of the Board; and they shall fix the salaries or compen- satiou to be allowed the officers and employees Of this corporation.
 ARTICLE VII. The stockholders of this corporation and their private property shall not be liable fer the debts Of the corporation. ARTICLE VIII.
 The capital stock of this corporation shall be paid for in one of the following manners, to-wit: In cash, CT other property at the time of organization Of the corpora tion, or at such other times and places, and in such manner as may be designated by the bylaws. or as may be fixed by resolution of the Board of Directors.
 ARTICLE IX. This corporation shall begin it's ac- tual corporate existence on the 18th day of November. 1901. the date of which these articles of incorporation are filed with the County Recorder Of Mar!copa County. Arizona. and shall continue and exist for twenty-five (25) years from that date.
 ARTICLE N.
 The highest amount Of indebtedness or liability to which this corporation is at any time to subject itself shall not exceed two-thirds the amount of it's capital stock.
 ARTICLE NJ. The following persons who are ciu- gems of the United States. and who are subscribers to a. portion of the capital stock of this corporation are hereby designated as the first Board of Direc- tors of said corporation, and who shall hold said position as Directors until the first annual meeting of the stock holders on the first Tuesday Of October. 1902. to-wit:
 Aaximilian Beer. Gottfried J. Kohl hepD. Edward Hartung. Thomas Sew ard. John C. KinkeI.
 IN WITNESS WHEREOF the incor- porators have hereUnto set their hands this, the Seventh day of November. 1SG1.
 MAMMALIAN BEER. CsealD EDWARD HARTTNG. (SealD BOTHERED J. KOHLHEPP, (SealD THOMAS SEWARD. (Seal) JOHN C. <TNEEL. CSealD WITNESS: GEO. w. DALTON. GNotarial SealD
 State of New York, City of New York. Borough of Brooklyn, County of Kings. ss.
 Before me. Geo. W. Dalton. a Notary Public in and for said County and State. on this day personally appeared NaNimilian. Beer. Edward Hartung. Gottfried J. ..Xohlhepp. Thomas Seward. John C. I<inkel known to me to be the persons whose names are subscribed to the foregoing instrument and acknowl- edged to me that they executed the same for the purposes and cOnsidera- tions therein expressed.
 Given under my hand and seal or office this 7th day Of November, A. D., 1901.
 CSeaID GEO. ". DALTON, Notary Public for said County
 and State.
 My commission expires March 30Jh, 1905.