Arizona republican., 1902-06-12
ARTICLES OF INCORPORATION
 OF THE "HYGIENIC CEREAL COMPANY"


 "HYGIENIC CEREAL COMPANY" KNOW ALL MEN BY THESE PRESENTS, That We. whose hands are hereunto affixed, do hereby associate ourselves together for the purpose of forming a corporati tion under the laws of the Territory of Arizona. and to that end make the following statement:
 FIRST: The names of the corpOra tors are: Abram K. Detwiler. Cnas. II. Acl.er. George G. Metzger. Charles R. Clapp. Philip II. Strausz, all of the City of Toledo. Lucas County. Ohio. and the name of the corporation shall be THE HYGIENIC CEREAL co. The principal place in which the buSi- ness of said corporation within the Ter ritory of Arizona is to be transacted is Phoenix, Maricopa County. Arizona. and the principal place of business of said corporation outside the Territory of Arizona shall be the City of Toledo, Lucas County, Ohio. at which meetings of the Board of Directors may be held. and the corporation may have such branch offices either within or without the Territory of Arizona as may be es tablished by the Board of Directors.
 
 business proposed to be transacted by this corpora ton is as follows. to-wit. To manufa cture and sell cereals and cereal compounds for the purpose of beverages and foods. To purchase. lease. bond. locate and otherwise quire. own, exchange, sell or otherwise dispose of. pledge. mortgage, hypothe- cate and deal in real estate and any 1 oil l-i11 nf al to do general real estate. manufactur- ing and mercantile business: to own. handle and control letters patent and inventions and shares of capital stock of other corporations: to borrow money and execute notes bonds. mortgages, or deeds of trust to secure the same. and to exercise in respect off all such bonds. mortgages. notes. shares of cap ital stock and other securities and ob ligations any and all rights. powers and privileges of individual owners thereof, including the right to vote upon any shares of stock held by it to the same extent that natural person might or could do; and in general to do all things necessary to the proper conduct of the business of this corpo- ration in tine Territory and elsewhere. not inconsistent with the laws of the United States and the Territory of Ari- zona.
 THIRD: The authorized amount of capital stock of this corporation shall he ($1 GOO 000.0U) One Million Dollars. divided into ten thousand (10.OO0) shares of the par value Of One Hun dreG G0m Dollars each. At such time as the Board of Directors may by reso- lution direct. said capital stock sinai! | be paid into this corporation either i'll cash or by the sale and transfer to it Of real estate CT personal property for the uses and purposes of said curpora- ton, in payment for which shares of the capital stock of said corpora ton may be issued. and the capital stock so issued shall thereupon and thereby become and be fully paid Iii, and non assessable. and in the absence Of actual fraud in tha transaction the judgment of the Directors as to the value Of the property purchased shall be conclusive. FOURTH: The time Of the com mencement of this corporation shall be the date of the filing of these Articles cf Incorporation In the office of the Secretary of Arizona. and the ternfna- i tion thereof shall be twenty-five years 1 thereafter.
 1 FIFTH: The affairs of this corpo- ration shalt be conducted by q Board i Of five Directors .and the following named shall constitute the Board of ! Directors until their successors are ! elected:
 Abram K. Detwiler. Chas. II. Acker, l George C. Metzger. Charles R. Clapp, Philip H. Strausz.
 i Thereafter the Board of Directors shall be elected from the stockholders as the bylaws of the corporation may provide
 SIXTH: The highest amount of in- debtedness or liability. direct CT con- tingent. to which this corporation is at any time subject shall be s1OO. .OoO.oo. SEVENTH: The private property oi the stockholders of this corporation shall be exempt from corporate debts Of any kind whatsoever.
 IN WITNESS WHEREOF. We have hereunto set cur hands and seals thls 31st day of May, 1902.
 ABRAM K. DETWILER.
 CHARLES H. ACKER.
 CHARLES R. CLAPP
 GEO. c. METZGER.
 PHILIP H. STRAUSZ. State of Ohio.
 Lucas County ss
 On this 31st day of May, in the veal 1902. before me. Leroy D. Housholder d Notary Public in and for the Statt and County aforesaid. residing there in. duly commissioned and sworn. per sonally appeared Abram K. Detwilar Geo. G. MetZgeI'. Chas. H. Acker Charles R. Clapp and Philip H. Strausz known to me to be the persons de scribed in. whose names are subscribed to. and who executed the annexed in strumcnt. and they acknowledge to me that they executed the same for the purposes and considerations therein ex pressed.
 IN WITNESS WHEREOF. ] hay,