Arizona republican., 1902-03-09

it time designate. The time of the com : merccmeut Of this corporation shall be 1 the 2d day of January. l302, and the i termination thereof shall be at the ex- piratiou of twenty-five years there afcr unless the sane be continued as 1 provided for the continuation of such 1 corporations.
 1 ARTICLE IT. The general nature of the business i 1rcnosed to be transacted by this cor i poration is that Of doing q general merchandise business It shall have the right and authority to buy seu and 1 leal in all kinds of personal propevtr l whatsoever: il shall also have the right ] to buy. own. sell, and deal in real estate: it shall also have the rsht to do Ia general warehouse and brokerage { business. and for the purpose Of carry i ing on it's said business it shall be au- | thcrized to morrow money and contract [ io pay the same at such lime or times anG at s;icIi rates of interest as i:s 1 loart Of Directors may deem proper. ! And it shall have the right to hypothe- | C:-te. mortgage or pledge aE or any l part of it's property which it now owns | or may hereafter acquire to secure the ! payment of any, money e. rConcys bor- rcWel or owed by 1t, as it's Eoard Of i Directors may 5eom advisa2,e. 1 ARTICLE ". ! The amount o3 tHa capital stock of this corporation ailaN be Fifty Thou sand Dollars. divided into five hundred shares of the par value of one hundred dollars per share, and the same shall : be paid into the company on making | subscription therefor, the amount so subscribed, either in cash or in prop Ci1y, and no stock shall be issued until l the same shall have been fully paid i either in mOncE or in property. and 1 the same when so issued shall be there after ncn-assessahIe.
 ARTICLE Y.
 The highest amount Of Indebtedness or liability to which this corporation shall at any time subject itself or be subjected is the sum of Thirty-1ve Thcusa1d Dollars.
 ARTICLE VI.
 The Stockholders oa this corporation and their private pyopcrt- shall be eX- ompt from the corporate debts of the corporation.
 ARTICLE VII.
 The affairs of this cooperation shall 5e cc3ductcJ hs 9 Roard of Directors : consisting of three stockholders who shall be elected annually by the stock holders. on the 2d Monday in January of each year. Said Directors shall hold their office for tiIe term uf one year, from the date of their election and u1- iiI their successors shall be duly quail fed and elected, unless they shall in the meantime cease to De stockholders ;n the corporation. Any person ceasing tn be stocllholGcr in the corporation shall cease to be q Director or officer in the same.
 The following named persons who are subscribers to the capital stock of this corpora ton shall constitute the officers and Board of Directors thereof. until the 2d Monday iii January. 1909, and until tIeir successors shall have been duly elected or appointed and qualified, namely:
 Waiter fIiu. President and Director.
 Clarence r. !Iamsher, Secretary, Treasurer. and Director
 William i1 Hansher. Director.
 Vacancies in the Board of Directors shall ae filled by the remaining mem bcrs of the Board. for the unexpired term for which such persons were elected. \ majority of the Board of Directors of this corporation shall con stitUte quorum. and any meeting of the Board If Directors at which q quo rum ia present shall be deemed a legal meeting ana have the same powers as q full Board whether notice of the
 meeting shall have been first given Io the absent members of the Board or net.
 ARTICLE VIII.
 ! The officers of this corporation shall be a President. Secretary and Treas urer. who shall be elected annually ny the Board Of Directors at their first annual meeting in each year, from among their number. The President snail be the Chief Executive Officer oi l the corporation and shall have the gen eral mana cement of all it's affairs, sub . ject to the approval of inc Board oi | Directors. The offices of Secretary anl
 Treasurer may he held hy ore and the , same person. AiI certificates of stock l contracts. deeds and copVeyances shaI , he signed in the corporate name by tho l President, and be countersigned by tn. Secretary. and have affixed thereto the
 corporate seal
 ARTICLE IN.
 The Board Of Directors shall have . power to appoint such agents to aiG il
 the nlanaE cement of it's bushes, and in conducting the affairs
 cf the corporation as they ma;
 from time to time deem advisable, anc may vest in such agents such powers as they may Geem eEpedient. Tho . Board of Directors Of this cooperation shall have power to establish by-laws and make all rules and regulation: deemed e-lpedicnt for the management ! Of the affairs of this cooperation an, . the officers thereof. not iHconsisten l with the Constitution and Laws of th' l United States and Laws of Arizona. p ARTICLE -[. = These Articles of Incorporation ma! . bo amended at any regular meeting O { tue stockholders. ov at any specia meeting called for thas purpose. by tn Q affirmative vote of a majority ot tk' n stockholders. and such amendment : when signed and acknowledged by tin Y President and attestcd by he Secretar. f of the corporation. and recorded an, published as original articles are re
 Guircd to be published, shall have tn
 same force and effect as the oriSina
 articles.
 IN WITNESS WHEREoF. We hay = hel.Ifuto sci Otii. hands this 2d day O