Arizona silver belt., 1902-04-10
ARTICLES OF INCORPORATION
0f Globe Electric Company.


 Sirch and C. W. Sirch both of the Town Of Globe, Countyof Gila and Territory Of Arizona do hereby associate ourselves into an incoi' porated company under and by virtue of the provisions of Chapter II Of Title XII of the Revised Statutes Of Arizona and to that end we do by this our certificate set forth,
 FIRST-That the name by which this corpor- ation shall be and Is designated and by which 1t shall hereafter be known, is GLOBE ELECTRIC COMPANY The names of the incorpOrators and their places of residence are hereinaboye mentioned and set forth, ano the principal place of transacting the business of said corporation shall be and is at the Town Of Globe, County of Gla and Territory oi Arizona This corporation shall also have branch office at the City of Chicago, at which place, if it be so directed by the Board Of Directors t may transact any and all business of whatever kind or nature incidental to the management of the affairs Of this corporation.
 SECoND-The general nature of the busi- ness proposed to be transacted is and shall be the erection, maintenance and operation Of an electric power plant with all equipments and apparatus necessary thereto; 10 con struet maintain and operate plant or plants for the manufacture and distribution of illum- mating and other gases; to construct, maintain and operate plant for the manufacture and sale of ice. to construct, maintain and operate a water system for the storing, sale and distr- button Of hot or cold water and other fluids ; and in connection herewith to construct maintain and operate natatorium to acquire by purchase or oth'rwise and thereafter maintain and operate electric street railway systems public and private telephone systems and public and private electric lighting systems.
 In furtheraAcc of he objects hereinabOyc set forth. to acquire ? purchase or otherwise. aud thereafter own ind hold real estate, and erect thereon any ard all buildings necessary to be used and to erect and maintain thereon and therein all necessary machinery and ap-
 paratus To acquire franchises over the public
 streets and highways Of cities and towns in
 the Territory Of Arizona, and particularly in
 the Town Of Globe, County Of Gila and Terri tory of Arizona. and to erect construct. maintain and operate theron and therein or on any land n the Territory Of Arizona, in any manner not inconsistent Si,h law, poles ard
 wires necessary to convey and supply elect rlcal power, and also all pipes and other appliances necessary to be used in the manu- fracture, storing, sale and distribution Of gas. water or other fluids stored manufactured or used under these articles Of incorporation. | To lay down and maintain tracks and operate thereon street railway systems operated by | electrical power To issue bonds, debentures | CT other obligations and secure the same by | mortgage oi any of the property, rights or | franchises of this company in manner herein | after in these articles provided for and in | general to do and perform any and all acts and things necessary or convenient to be done in | connection with any of the business above | mentioned and to be transacted under these articles Of incorporation
 l THIRD-The amount Of capital stock auth
 orzed shall be and is the sum of ONE HUN
 DRIED THOUSAND DOLLARS, divided into | One Thousand uO00) shares of the par value
 Of One Hundred dOO) Dollars each share, and | such shares of stock when issued out Of the
 treasury shall be fully paid for, transferable
 and forever non n-assessable
 | FOURTH-Tle e time of the commencement | of this corporation shall be March 18th, l90a | the date of filing Of these articles Of incorpor | aton in the office of the County Recorder of GDa County, Territory 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 i've directors who shall be stockholders Of this corporation, and
 who shall be elected by the stockholders on
 the first Tuesday in April, 1902, and annually
 thereafter. A majority Of said board shall constitute quorum for the purpose Of trans acting business, and said board when duly elected and qualified shall be vested with the | entire management and control of the affairs l of this corporation during the term for which ! they are elected All vacancies occurring in said board by resignation or otherwise, shall | be filled by the remaining members of such board at any regular or special meeting called | for that purpose and in compliance with the bylaws which may hereafter be adopted. Al such meeting of the board of directors held on the first Tuesday in April l902 said board shall elect president vice president, secretary | and a treasurer and such other officers as may be necessary and convenient for the carving on Of the corporate business and | until such meeting shall be held and until their
 successors are duly elected and qualified, the ] officers Of this corporation, who are owners of one share each of the capital stock hereof, shall be and are C. w Sirch, President and V and Treasurer The board Of directors until | such time shall be and are Herbert c. Wright, Luclen E. Harding Arthur c. Groves, Margaret | F. Sirch and C. W. Sirch The first meeting of stockholders shall be at the City of Chicago, State of Illinois, and until such meeting and | permanent organization the officers and board | of directors above named shall have power to issue stock and do and perform such other duties as may be necessary for properly carry ing on the business of this corporation.
 In addition to the management and control of the affairs of this corporation as herein set forth. the board of directors of this corpor- alton shall have the power to issue bonds, debentures and other evidence of indebted ness upon such terms and conditions as they may deem it and secured by such assets Of this corporation as may hy them be deemed necessary or advisable.
 SIXTH The highest amount of indebted ness direct or contingent, which this corpor. alton shall in any manner become subjected to or become liable for, is the sum of Sixty-five Thousand 65,O0O oOl Dollars
 SEVENTH The private property of stock holders in this corporation shall be exempt from liability for corporate debts
 EIGHTH These articles Of incorporation may be altered or amended at any regular or special meeting of the stockholders called for hat purpose in compliance with the bylaws ts, n, ,.,,. h. hareaftpr adontpd and h, ann