Arizona republican., 1902-07-31
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 ment:
 FIRST:
 The names of the corporators are William L. Paul, Fred H. Barringer and Albert E. Walter, and the name of l 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 ot Chicago. in the State of Illinois, or such other place as the Board of Di- rectors by resolution direct.
 SECOND:
 The general nature ot the business proposed to be transacted by this cor poration 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, i 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. eral real estate and mercantile busi- ness, and to do general distiling business, to buy, sell, build and oper- ate elechic and steam plants, water pipe lines and irrigating plants, to buy, Sell, build and operate power plants, to DofroW 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 manufactur- ing business generally and all things . incident thereto. to conduct a ranch 7 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 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 $1.- ! ,0G0 divided into one hundred and twenty-five thousand Q25,OOO) shares of
 the par value of Ten Dollars (s1OOO)
 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 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 t 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
 Directors divided into three classes, as | 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 their first election; and the directors Fl 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 I term of office of the directors in any II class their successors shall be elected
 far three years. All of said directors
 shall hold their respective offices until
 their successors are elected and quali- II fled.
 II SIXTH:
 s 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 ($750,00O). SEVENTH: J The private property of both the = stockholders and directors of this cor
 poration shall be exempt from corpo-
 rate debts of any kind whatsoever. T 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 7 State of Illinois,
 4 County of Cook ss.
 On this 11th day of July, in the year H 1902, before me, Daniel F. Devlin. a Mo- H tary Public in and for the State and q County aforesaid, residing therein, < duly commissioned and sworn. person. s ally appeared William L. Paul, Fred H. ! Barringer and Albert E. Walter, s known to me to be the persons de- scribed in, whose names are subscribed 5 to, and who executed the annexed in- strument. and they acknowledged to d me that they executed the same for the H purposes and considerations therein expressed
 T In Witness Whereof I have hereunto set my hand and affixed my official 2 seal in my office in the said State and T County, the day and year last above written.
 (Notarial SeaD
 3 1N