Arizona daily citizen., 1901-01-28
Articles of Incorporation OF the Bar.
nard. Densmore Company.

KNOW ALL MEN BY THESE Presents: That we,
the undersigned, residents OF the city and
county, of Los Angeles, California, have asso-
ciAted ourselves together for the purpose OF
forming corporation under the laws OF the
Territory of Arizona, and we do hereby certify:
First.-T the name OF the corporation
shall be the Barnard -Densmore company, and
Its principal place of business shall be at Tue
son, in the Territory Of Arizona. but it shall
have branch oftce In the city OF Los Angeles,
county of Los Angeles California.
Second. That the general nature OF the busi-
ness to be transacted by said corporation is: 10
put up and preserve all kinds OF fruits, and TO
manufacture syrups and fruit juices; also 10
manufacture distilled and carbonated waters,
and ice; and to do all things incident and ap-
Third,-Thar the amount of capital stock
authorized is E5,000.00, and the number OF
shares into which 1t shall be divided Is $50, OF
the par value of $4,000 each.
That of said stock 500 shares shall be common
stock, and 250 shares shall be preferred stock.
That said common stock shall alone be- voted,
and said preferred stock shall have no voting
power
That from the net earnings there shall be APP
porti0ned yearly to said preferred stock divi-
dends at the rate OF six per cent per annum, be
tore the common stock shall participate in the
earnings of the company; said preferred stock
shall not participate further in the earnings OF
the corporation. II during any year the net
earnings shall not be sufficient to permit pay.
ment OF said per cent dividends to preferred
stockholders, then any deficiency shall be
made up from the dividends OF succeeding
dividends to the common stock.
Fourth.-All of said stock shall be full-paid
shall be paid in within 80 days after the taking
effect of these articles, and said preferred stock
shall be paid In upon the issuance thereof.
of this 8s shall be
and Its corporate life shall endure for the Pc
riod of 25 years thereafter.
sixth,-Thss the highest amount OF indeo-
shall at anv time be subject shall not exceed
the net assets OF said corporation.
seventh.-Thst the private property OF each
debts.
Eighth.-That the affairs of the corporation
shall consist OF three members, who shall be
elected at an annual meeting of the stock hold
ers 10 be held on the first Tuesday after the
but If, before said meeting Is called, two-thirds
| of the capital stock having q vote, shall, in
writing, to be kept on file with the secretary,
given year, then the board OF directors then in
ONCE shall hold over until the next election.
| But until the first annual meeting of the stock.
successors shall have been elected and shall
have qualified the following are hereby select
ed ana appointed 70 serve as directors OF the
corporation, to-wit: W. II. Barnard, Emmet
! Witness the hands and seals of the incorpora
tors this 18th day Of January, 1901.
W. II. Barnard,
/ Emmett Densmore,
Darlot Densmore.
Ten cent Rev, stamp cancelled,
STATE OF CALIFORNIA.
County of Los Angeles.
On this 4th day OF January, 1901, before ms
W. G. Petehner, notary public in and for LO.
Angeles county, California, personally appear
ed Emmett Densmore, Darlot Densmore, and w
H. Barnard, personally known to me to be the
persons whose names are subscribed 10 the
foregoing instrument, and acknowledged Il
me that they executed the same for the purpose
and consideration therein expressed.
Given under my hand and seal of ONCE, thi,
4th day of January, 1901.
w C.. PETCHNER,
Notary public in and for Los Angeles county
California.
| (Notarial SeaD
Ten cent Rev. stamp cancelled.
1st pub Jan 25, last pub Jan 81