The news-herald., 1902-12-13
ARTICLES OF Incorporation
Of the
. OF the
PHOENIX CYCLE COMPANY.

FIRST: The names ol IA0 AAAN"- FN
are F. o. White, D. S. "hl'e ano
f. D. Lane, and the name OF the corpor
alton shall be The Phoenix Cycle Cohlp"h!
The principal place IN which the DuSlhes9 "
said corporation within the Territory oI All
iona is to be transacted is at PhoehlA' MAJ
copa county, Arizona. and the principai Piace
of business of said corporation outSloe ol 'ne
Territory of Arizona shall be the city ol lliui-
annapolis in the State of Indiana at Whlch meet,
ings of the Board of Directors may be heId ana
the corporation may haYe such branch o1pfe>
either within or without the Territory Oh ATT
iona as may be established by the Board oi
Directors.
SECOND: The general nature of the business
proposed 10 be transacted by this corporation
is as follows:
To do bicycle business, wholesale ana re-
tail; to make contracts. to purchase, lease DoI'
locate or otherwise acquire, own, eXchahge'
sell or otherwise dispose OF, pledge, mortgage
hypothecate and deal in real estate and any
and all kinds OF personal property Inlhes'
mining claims, oil lands, mineral lands, OIL
gas, asphaltum, petroleum, asbestos, SAIL
water and water rights and machinery
and to WORK, mine, explore, operate ana oe-
yelop the same; to do q general real estate
manufacturing and mercantile business; 10
own, handle and control letters patent ara IN
yentions and shares of capital stock OF otnef
corporations; to b0rroY money ana execute
notes, bonds, mortgages or deeds OF trust TO Sc
cure the same and to exercise in respect to all
such bonds, mortgages, notes, shares OF capltai
stock and other securities and Obligations any
and all rights powers and privileges OF lnol-
vidual or .ls tLoreof, including the right to
vote ur u al ,aares of stock held by it to the
some e1Av,-.t tnat natural person
might or could do and in gener-
al to do all things necessary to the proper con-
duct of the business of this corporation in the
Territory and ELSEWHERE, not inconsistent
WI. t1- .a,s .. rLe United States and the Ter
rlJorl. ol --r-@o1A.
INLAD: Inc authorized amount OF the CAPT
ta stock Of this corporation snail be
dity thousand dollars -$50,0C0,0O-
DIVIDED into thousand-2 30 600
shares OF the par value OF one
doliat-$l, ,0a-eaeh. At such time as the Board
OF Directors may bp resolution direct, said
capital stock snail De paid into this corpora
tion either i'll cash or by the sale and transfer
TO it of real and personal property for the uses
and purposes of said corporation, in payment
for which shares of the capital stock of said
cooperation may be issued and the capital
stock so issued shall thereupon and thereby be-
come and be fully paid up and worcestershire,
and in the absence Of actual fraud in the tran
saetion the judgement of the. directors as to
the value OF the property purchased shall be
conclusive.
FOURTH: The time OF the commencement
Of this corporation shall be the date of the FL
ing OF these articles OF incorporation in the
Office OF the Secretary of State of Arizona. and
The termination thereof shall be twenty five
years thereafter.
FIFTH: The affairs of this corporation shall
be conducted by board OF three-3--directors
and the following named shall constitute the
Board of Directors until their successors are e.
1ected: F. o. White, D. S. Bray and F. D, Lane.
Thereafter the Board of Directors shall be G.
lected from among the stockholders as the By
Laws OF the Corporation may provide.
SIXTH: Thh highest amount ofindebtedness
or liability, direct or contingent, to which this
corporation is at any time subject, shall be thir
IS thousand dOllars-S2 0o000-which amount
does not exceed two thirds OF the amount Of
the capital stock.
SEVENTH, The private property OF the
empt from corporate debts OF any kind what
soever.
IN WITNESS WHEREOF, we have hereunto
set our hands and seals this first day OF Nov
ember, A. D, 1902.
D. S. Bray [Seall
+. o. White fSeall
F. D. Lane CSeall
TerritoyF ofArizona, CO
County of Maricopa
On this first day of November, in the year
1902, before me, William Elglish a Notary Pub.
lie, in snd for the state and county aforesaid
residing therin, duly commissioned, appeared
T. o. White, D. S. Bray and F. d. Lane,
known to to be the persons de-
scribed in, whose names are subscribed to, and
who executed the annexed instrument, and
they acknowledged to me that they executed
the same for the purposes and considerations
therein expressed.
In Witness Whereof have hereunto set my
hand and affixed my official seal at my office
in the said state and county. the day and year
last above written,
Iseall William English
Notary Public,
My commission expires March 10. 1904
Territory of Arizona } &C
County of Maritopa
l. B. F Neral. County Recorder in
and for the county and Territory aforesaid,
hereby certify that have compared the fore
going copy with the original Articles of IncoF-
poration of The Phoenix Cycle Company. filed
and lecordered in my office on the first day OF
November, 1902, in Book No. - of IncorpOra-
tions at ps ge--and that the is full,
true and correct copy OF such original and OF
the whole thereof.
Witness my hand and seal Of office, this first
day of November 1905.
tSeal) B. F. McFal,
BY AS. Arthur, Deputy. County Recorder
Filed and recOrdered in tho Office OF the Sec
retary Of Territory of Arizona this Sd day OF
November. A. p, 1902, at 200 P. NJ.
Isaac T. Stoddard,
Secretary of Arizona
First publication Noy. %, 1902,