Arizona republican., 1902-08-01
ARTICLES OF INCORPORATION
 OF THE THE MOTZORONGO COMPANY"

THE MOTZORONGO COMPANY"
 KNOW ALL MEN BY THESE PRESENTS: That we whose names are hereunto affixed do hereby associ- ate ourselves together for the burmese of forming a corporation under the laws of the Territory of Arizona. and to that end make the following state ment:
 FIRST:
 The names of the corporaturs are William L. Paul, Fred H. Barringer and Albert F. Walter. and the name of the corporation shall be THE MOTZO- RONGO COMPANY. The principal place of business of said corporation within the Territory of Arizona is Phoenix, Maricopa County, Arizona, and the principal place of business of said corporation outside of the Terri tory of Arizona shall be the City of Chicago, in the State of Illinois, or such other place as the Board of Di- rectors by resolution direct.
 SECOND:
 The general nature of the business proposed to be transacted by this cor pCration is as follows, to-wit: To pur- chase, direct, own, operate, exchange, sell or otherwise dispose of, pledge, mortgage or hypothecate real estate, lands and personal property in the Re public of Mexico, the Territory of Ar- zona or elsewhere, to buy and sell ores, metals oil, coal and mineral rights, water and water rights. to explore, de- Velop and mine oil, coal, ores, metals | and other minerals, and to do a gen. i eral real estate and mercantile bus- ness, and to do a general distilling 1 business, to buy, sell, build and oper- ate electic and steam plants, water | pipe lines and irrigating plants, to buy, sell, build and operate power plants, to 1 borrow money and execute bonds, mortgages or deeds of trust to secure i the same, and in general to buy, deal ! in and sell timber and to manufacture and sell lumber and do a manufactur- ing business generally and all things incident thereto, to conduct a ranch or ranches, plantation or plantations in the Territory of Arizona; in the Re public of Mexico, or elsewhere, and to do all things incident and necessary to the proper conduct of the business of this corporation in the Territory of Arizona and elsewhere, not inconsist- ent with the laws of the United tSateS or the Territory of Arizona.
 THIRD.
 The authorized amount of capital stock of this corporation shall be s1- e50,000 divided into one hundred and twenty-five thousand Q25,000) shares of the par value of Ten Dollars ($1O.O0) each At such time as the Board of Directors may by resolution direct, said capital stock shall be paid into this corporation either in cash or by the sale and transfer to it of real, per sonal or mixed property for the uses and purposes of said corpora ton. in payment for which shares of capital stock of said corporation may be is sued, and the capital stock so issued shall thereupon and thereby become and be fully paid and non-assessable
 FOURTH:
 The time of the commencement of this corporation shall be the date of the filing of these Articles of Incorpo- . ration in the office of the Secretary of Arizona and the termination thereof shall be twenty-five years thereafter.
 FIFTH:
 ! The affairs of this corporation shall be conducted by Board of Eleven I Directors divided into three classes, as f follows: The directors of the first ! class, four in number, to hold their of fees for one year from the date of their e first election; the directors of the sec ond class, four in number, to hold their
 offices for two years from the date of ] their first election; and the directors
 of the third class, three in number. to I hold their offices for three years from a the date of their first election. And thereafter upon the expiration of the term of office of the directors in any \ class their successors shall be elected 1f e,i.J shall hold their respective offices until M their successors are elected and quail
 fled.
 Fl SIXTH:
 M The highest amount of indebtedness or liability, direct or contingent, to which this corporation is at any time subject shall be seven hundred and fifty thousand dollars (s75o,OoO. SEVENTH: . The private property Of both the E stockholders and directors of this cor A poration shall be exempt from corpo- H rate debts of any kind whatsoever. In Witness Whereof, We have here sj unto set our hands and seals, at Chi g cago. Illinois. this 11th day of July, A. A D., 1902.
 3 WILLIAM L. PAUL (SeaD a FRED H. BARRINGER (SeaD s ALBERT E. WALTER (SeaD 5 State of Illinois,
 County of Cook, ss.
 On this 11th day of July, in the year 4 1902. before me, Daniel E. Devlin, a No 5 tary Public in and for the State and i County aforesaid, residing therein, 4 duly commissioned and sworn, person. ! ally appeared William L. Paul, Fred H. Barringer and Albert E. Walter, known to me to be the persons de- scribed in, whose names are subscribed a to, and who executed the annexed in strument. and they acknowledged to S me that they executed the same for the i purposes and considerations therein S expressed.
 In Witness Whereof. I have hereunto a set my hand and affixed my official s seal in my office in the said State and J County. the day and year last above ] written.
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