The news-herald., 1902-11-29
ARTICLES OF Incorporation
Of the
-
PHOENIX CYCLE COMPANY.

emo make Inc IOIlOhAAAB
FIRST: The names of the incorporators
are r. O.. White, D. s. White S"o
r. D. Lane, and the name of the corPor-
alton shall be The Phoenix Cycle company.
The principal place IN which the business OF
said corporation within the Territory OF Ar
zons is to be transacted is at Phoenix, Mari
copa county. Arizona and the principal place
of business of said corporation outside OF the
Territory of Arizona shall be the City OF Ihol-
annapolis in the State of Indiana at which meet
inga of the Board of Directors may be heId ana
the corporation may have such BRANCH otices
either withia or without the Territory OF All
zona as may be established by the Board OF
Directors
SECOND: The general nature.of the business
proposed to be transacted by this corporation
is as follows:
To do q bicycle business, wholesale and re-
tail ito make contracts, to purchase, lease, Dond'
locate or otherwise acquire, own, exchange
sell or otherwise dispose of, pledge, mortgage
hypothecate and deal in real estate ana any
and all kinds of personal property, mines
mining claims, oil lands, mineral lands, OIL,
gas, asphaltum, petroleum, asbestos, salt
water and water rights and machinery
and to work, mine, explore, operate and de-
Felop the same; to do Il general real estate,
manufacturing and mercantile business; to
ewn, handle and control letters patent and in
Ventions and shares of capital stock OF other
corporations; to borrow money and 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 capital
stock and other securities and obligations any
and all rights powers and privileges of indi-
Yidual owners thereof, including the right to
vote upon any shares of stock held by 1t to the
some extent that natural person
might or could do; and in gener-
III to do all things necessary to the proper con-
duct of the business of this corporation in the
Territory and elsewhere, not inconsistent
with the laws of the United States and the Ter
ritOry of Arizona.
THIRD: The authorized amount of the capi-
tai stock of this corporation shall be
fifty thousand dollars -$5OOt0.OO-
divided into thousand-2, Sc, 900
shares of the par value of one
dOllAr-$1 1.OO-each. At such time As the Board
of Directors may bp resolution direct, said
capital stock shall be paid into this corpora
ten either in 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
corporation 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
saction the judgement of the directors 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 I'll
ing of these articles of incorporation in the
Office of the Secretary of State of ABizona, 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.
lected: F. o. White. D. s. Bray and F. D. Lane
Thereafter the Board of Directors shall be e.
lected from among the stockholders us the By
Laws OF the Corporation may provide.
SIXTH: Thh highest amount Ofindcbtedness
or liability, direct or contingent, to which this
corporation is at any time subject, shall be thir
ty thousand dollars-$3O, ,OoO. .OO-which amount
does not exceed two thirds OF the amount OF
the capital stock.
SEVENTH: The private property of the
stockholders of this corporation shall be ex-
,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 Iseall
F. o. White ISeall
F. d. Lane (SealJ
Territoyr ofArizona, (ce
County of MaricOpa
On this first day of November, in the year
1902, before me, William English Notary Pub
lie, in and for the state and county aforesaid,
residing therin, duly commissioned, appeared
Z. o. White, D.. S. Bray and y. D. Lane,
known to me 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
Ny commission expires March 10. 1901
Territory of Arizona CO
County of MAritopa
/, B. F McFall, County Recorder in
and for the county and Territory aforesaid
hereby certify that have compared the fore
going copy with the original Articles of Incor
poratiOn of The Phoenix Cycle Company. filed
and recordered in my Office on the first day o.
November, 1902. in Book No. II of Incorpora
tions, at pege-and that the same is full
true and correct copy of such original and O.
the whole thereof.
Witness my hand and seal of Office, this frs
day of November 1905.
tSeal) B.. F. MeFall
BY AS. Arthur, Deputy. County Recorder
Filed and reeordered in the Office of the Sec
retary OF Territory of Arizona this Sd day o
November A. D. 1892, at 200 P. NJ.
Isaac T. Stoddard,
Secretary of Arizona.
First publication Nov. %, 1902