Arizona republican., 1902-10-08

 under letters patent of the United States or foreign countries.
 Fifth: Manufacturing, owning, hold ing, selling and buying all classes or merchandise for or in connection with any of the Company's said business.
 Sixth: Doing any other acts or car rying on any other business incidental to or properly connected with any of the foregoing matters which firm or copartnership could lawfully do under the laws of the United States of Amer ica. and the Territory of Arizona. Third: The authorized amount of capital stock of this corporation shall be two million five hundred thousand dollars ($2. 5OO, ,O0O) divided into two mil lion five hundred thousand (2,5OOOO shares of the par value of one dollar C$1.O0) each. Two million dollars ($2, ,000 00O of the par value of said stock shall be common and five hum dred thousand dollars G5OO,0OO) shall be seven per cent c per cenD non-cumu- lative preferred stock.
 At such time as the Board of Direct ors may by resolution direct. said cap ital stock shall be paid into this cor pOration either in cash or by the sale and transfer to it of real or personal property for the uses and purposes of said corpora ton, in payment for which shares of the capital stock of said cor poration may be issued. and the cap | ital stock so issued shall thereupon anf thereby become and be fully paid Up | and non-assessab ble, and in the absence of actual fraud in the transaction, the | judgment of the Directors as to the value of the property purchased shall be conclusive.
 Fourth: The time of the commence ment of this corpora ton shall be the date of the filing of these Articles of Incorporation in the office of the Secre- tary of Arizona, and the termination thereof shall be twenty-five years thereafter.
 Fifth: The affairs of this cOrpOraa- ton shall be conducted by Board of | five (O Directors and the following named shall constitute the Board of Directors until their successors are elected: Oakley Sellick, Charles $. Wood. Will E. Colwell, J. w. Kelchner. and ]. Ed. Sheriff.
 Thereafter the Board of Directors shall be elected from among the stock holders as the bylaws of the corpora ton provide. The officers of said cor poration until their successors are elected shall be:
 Oakley Selhck. President. Charles s. Wood, President. J. w. Kelchner. Secretary. d. Ed Sheriff. Treasurer.
 sixth: The highest amount of in- debtedncss or liability, direct or con- tingcnt, to which this corporation is at any time subject shall be One hundred thousand dollars (S1OO,OOO), which amount does not exceed twO-thlrds the amount of the capitol stock.
 Seventh: The private property of the stockholders and Directors of this cor poration shall be exempt from ccrpo- rate debts of any kind whatsoever.
 In Witness Whereof we have here unto set our hands and seals this 23rd day of September, 1902.
 OAKLEY SELLICK (SeaD
 CHARLES $. WOOD (SeaD
 WILL J. COLWELL (SeaD
 J. w. KELCHNEIt (Sean
 J. ED. SHERIFF (SeaD State of New York,
 County of New York. ss.
 On this 24th day of September in the year 1902. before me, C. K. Faucette, Notary Public in and for the State and County aforesaid. residing therein, duly commissioned and sworn, personally appeared Oakley Sellick, Charles 5. Wood, Will J. Colwell, J. w. Kelchuer and J. Ed. Sheriff, known to me to be the persons described in, whose names ( re subscribed to and who executed the annexed instrument, and they acknowl- edged to me that they executed the same for the purposes and cOnsidera- lions therein expressed.
 Jn Witness Whereof, I have hereuntc set my hand and affixed my official seal at my office in the said State and County, the day and year last above written.
 (SeaD C. K. FAUCETTE, Notary Public No. 155 New York Coun-
 ty, State of New York
 My commission expires March 2Cth 1904
 State of New York,
 County of New York, ss.
 l. Thomas Hamilton. Clerk of ;he County of New York. and also clerk cf the Supreme Court for the said County. the same Icing a Court of Record, Do Hereby Cert fy. that C. K. Fluce.te, whose Lame iS subscribed to the .FrtI- licate of the roof or aclinowled.;lnent ( the annexed ius trument, an thereon written was at the time of taking such proof or acknowledgements notary pub lie in and for the county of New York, dwelling in tLe said County, c1Garnis- sioned anj sworn, and duly authoriZed to take the same. And further, that I am well acquainted with the handwrit- ing of such Notary, and verify believe that the signature to the said certifi- cate of proof or acknowledgment ;s genuine.
 In Testimony Whereof, I have here unto set my hand and affixed the seal of the said Court and County, the 24th day of Sept, 1902.
 (SeaD THOS. L. HAMILTON.
 Clerk. Territory of Arizona,
 County of Maricopa, ss.
 l, B. r. McFall, County Recorder in and for the County and Territory aforesaid. hereby certify that I have compared the foregoing copy with the original Articles of Incorporation of f he Progressive Piano PlaVer and Mn