Arizona republican., 1902-01-09

mine, explore. operate and develop the same; to do a general real estate man ufacturing and mercantile business: to own. handle and control letters patent and inventions and shares of capital stock of other corporations: to borrow money and execute notes. bonds, mort gages, or deeds of trust to secure the same, and to exercise in respect of all such bonds, mortgages. notes. shares of capital stock and other securities and obligations any and all rights. powers and privileges of individual owners thereof, including the right to vote upon any shares of stock held by it to the same extent that q natural person might or could do: and in gen eral to do all things necessary to the proper conduct of the business of this Corporation in the Territory and else where. not inconsistent with the laws of the United States and the Terri tory of Arizona.
 THIRD:
 The authorized amount Of capital stock of this Corporation shall be Fifty Thousand dollars ($5O.O .OOO.OO) divided into one hundred GOO shares of the par value of Five Hundred dollars (S5C0.G0) 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 or personal property for the uses and purposes of said Corpora ton in pay ment for which shares of the capital stock of said Corporation may be is sued. and the capital stock so issued shall thereupon and thereby become and be fully paid up and non-assess- able, and in the absence of actual fraud in the transao ton the judgment of the Directors as to the value of the prop erty purchased shall be conclusive.
 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 a Board Of Five Direc- tors and the following named shall con stitute the Board of Directors until their successors are elected: J. C. Mahan. T. H. Mahan. F. B. Garcelon William Meyer. Thereafter the Board of Directors shall be elected from among the stockholders as the By Laws of the Corporati ton may provide. SIXTH:
 I or liability. direct or contingent, to subject shall be Ten Thousand dol lars (S1O, ,0OO.CO).
 SEVENTH:
 The private property of the stock holders of this Corporation shall be ex- empt from corporate debts of any kind whatsoever.
 IN WITNESS WHEREOF We have hereuato set OUT hands and seals this 3Oth day of December. 1901. J. P. MAHAN, (SeaD F. B. GARCELON, CSeaD T. II. MAHAN. (SeaD l.. p. ROSS. (SeaD WILLIAM MEYER. CSeaD State of Kansas.
 County of Sedgwick. ss. On this 3Oth day of December. in the year 1901. before me. s. T. Jocelyn. d Notary Public in and for the State and County aforesaid,- residing therein. | duly commissioned and sworn. person. ally appeared J. r. Mahan. T. II. Ma ! ham, William Meyer. F. E. Garcelon and L. F. Ross. known to me to be the | persons described in. whose names are subscribed to. and who executed the annexed instrument. and they a"- knowledged to me that they executed the same for the purposes and consid- l erations therein expressed. l IN WITNESS WHEREOF. h.tTe | hereunto set my hand and affixed niy' i Official Seal. at my office in the said State and County, the day and year last above written.
 1 CNotarial SeaD s. T. JOCELYN. Notary Public.
 My commission expires Dec. 10. 1901 Territory of Arizona.
 l County of Maricopa, ss. | I. B. r. McFall, County Recorder in and for the County and Territory aforesaid. hereby certify that l have compared the foregoing copy with the original Articles of Incorporation oi the Mahan Supply Company filed and recorded in my office on the 3rd day oi January 1. 1902, in Book No. of In corporations at Page - and that tht same is a full. true and correct copJ of such original and of the wholt thereof.
 WITNESS my hand and seal of office this 3rd day of January. 1902.
 (SeaI) E. F. M'FALL.
 County Recorder.
 By A. $. ARTHUR, Deputy.
 Filed and recorded in the office O the Secretary of the Territory of An zona this 3rd day of January, A. D. 1902, at 2:3O p. m..
 ISAAC T. STODDARD.
 A,.i--