Arizona daily citizen., 1901-01-30
Articles of Incorporation of the Bar.
nsrd. 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 purposes OF
! forming corporation under the Jaws OF the
! Territory OF Arizona, and we 90 hefeDy certlJy'
First.-Tha the name OF the corporation
shall be the Barnard Densmore company, and
It's principal place OF business shall be at Tue
son in the Territory of Arizona, but 1t shall
have II branch otdee in the city OF Los Angeles,
county OF Los Angeles, California.
Second. That the general nature OF the bnsl-
ness la be transacted by said corporation IN: to
nut up and preserve all kinds OF fruits, and to
manufacture syrups and fruit juices; also to
manufacture distilled and carbonated waters,
and ice and to do all things incident and ap-
purtenant thereto.
Third,-That the amount of capital stock
authorized Is $75,o00.Go, and the number of
shares into which il shall be divided is $50, OF
the par value of $4,000 each.
That OF said stock 500 shares shall be common
stock, and $50 shares shall be preferred stock.
That said common stock shall aIone be voted,
and said preferred stock shall have no voting
power
That from the net earnings there shall be ap-
portioned yearly TO said preferred stock diyi-
dends at the rate OF six per cent per annum, be-
fore the common stock Shall participate in the
earnings of the company; said preferred stock
shall not participate further in the earnings OF
the corporation. If 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
years before any apportionment is made Of
dividends to the common stock.
Fourth,-An OF said stock shall be full paid
and non -assessable. All of said common stock
shall be paid in within so days after the taking
effect of these articles, and said preferred stock
shall he paid in upon the issuance thereof.
Fifth THAT the me of the commencement
| of this corporation shall be January -, 1901,
| and its corporate life shall endure for the pc
| riod of 25 years thereafter.
| Sixth.-That the highest amount OF tndeb-
| tedness or liability to which the corporation
| shall ct anv time be subject shall not exceed
| the net assets of said corporation.
| SevenIh--That the private property of each
| officer and stockholder of said corporation
debts.
Eighth.-That the affairs Of the corporation
shall be directed by a board Of directors which
| shall consist of three members, who shall be
elected at an annual meeting Of the stock hold
ers to be hed on the irst Tuesday after the
second Monday of each year after the year 1901
but If, before said meeting Is called twothirds
of the capital stock having vote, shall, in
writing. TO be kept on file with the secretary
have requested that no election be held for any
given year, then the board of directors then IL
Office shall hold over until the next election
But until the first annual meeting OF the stock
. | holders under these articles, and until theil
successors shall have been elected and shal
have qualified, the following are hereby select
ed ano appointed 10 serve as directors OF tha
corporation, to-wit: W. III. Barnard. Emme
Densmore, Darlot Densmore.
Witness the hands and seals OF the ineorpora
] tors this ith day OF January 1891.
W. III. Barnard,
Emmett Deusinore,
9 Darlot Densmore.
: Ten cent Rev. stamp cancelled,
l. STATE OF CALIFORNIA.
o County Of Los Angeles.
; On this 18th day OF January, 1901, before ms
: W, c. Petchner, notary public in and for Lo
0 Angeles COUNT, California, personally appear
0 ed Emmett Densmore, Darlot Densmore, and W
. ii. Barnard, personally known to me to be tht
i persons whose names are subscribed 10 th'
! rOregoing instrument, and acknowledged Il
= me that they executed the same for the purpos'
and consideration therein expressed.
Given under my hand and seal OF Office tht
tth day OF January, 1901.
e W. c. PETCHNER,
Notary public in and for Los Angeles county
). California
(N0tarial Seal)
Ten cent Rev. stamp cancelled
lst pub Jan D, last pub Jan 81