Arizona republican., 1902-07-30
ARTICLES OF INCORPORATION
 OF THE THE MOTZORONGO COMPANY"

ARTICLES OF INCORPORATION
 OF THE
 THE MOTZORONGO COMPANY
 KNOW ALL MEN BY THESE PRESENTS: That we, whose names are hereunto affixed do hereby associ- ate ourselves together for the purpose of forming a corporation under the laws of the Territory of Arizona, and to that end make the following state nlent:
 FIRST:
 The names Of the corporatUrs are William L. Paul, Fred H. Barringer and Albert F. Walter, and the name of the corpora ton 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 oI Di- rectors by resolution direct.
 SECOND:
 The general nature ot 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 Ari- 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 gen. eral real estate and mercantile busi- ness, and to do a general distillinS business, to buy, sell, build and oper- ate electi ic and steam plants, water pipe lines and irrigating plants, to buy, sell, build and operate power plants, to borrow money and execute bonds, mortgages or deeds of trust to secure the same, and in general to buy. deal in and sell timber and to manufacture and sell lumber and do a nanufactur- ing business generally and all things incident thereto, to conduct ranch | or ranches, plantation or plantations in the Territory of Arizona; in the Re public oi 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
  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.- 250,C00 divided into one hundred and twenty-five thousand Q25,000) shares of the par value of Ten Dollars (S10.0O 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 corporation, 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 -assessable. FOURTH:
 The time of the commencement of i this corporation shall be the date of the filing of these Articles of Incorpc- ra ation 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 a Board of Eleven
  i follows: The directors of the first class. four in number, to hold their of ! fees for one year from the date of their first election; the directors of the sec ond class. four in number, to hold their | offices for two years from the date of I their first election; and the directors of the third class, three in number, to hold their offices for three years from 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 for three years. All of said directors shall hold their respective offices until their successors are elected and quail fled.
 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 ($750,000). SEVENTH:
 The private property of both the stockholders and directors of this cor poration shall be exempt from corpo- rate debts of any kind whatsoever
 In Witness Whereof. we have here unto set our hands and seals, at Chi cago. Illinois, this 11th day of July, A. D.. 1902.
 WILLIAM l.. PAUL (SeaD FRED H. BARRINGER (SeaD
 ALBERT E. WALTER (SeaD State of Illinois,
 County of Cook ss.
 On this 11th day of July, in the year 1902, before me, Daniel F. Devlin a No tary Public in and for the State and County aforesaid, residing therein duly commissioned and sworn, person. ally appeared William L. Paul, Fred H. BarrinSer and Albert E. Walter, known to me to be the persons de- scribed in, whose names are subscribed to, and who executed the annexed in strument. and they acknowledged to me that they executed the same for the purposes and considera tions therein expressed.
 In Witness Whereof, I have hereunto set my hand and affixed my official seal in my office in the said State and County, the day and year last above written.