Arizona republican., 1902-06-18

ARTICLES OF INCORPORATION
 OF
 THE ST. LOUIS-EL PASO SECURI-
 TIES COMPANY
 KNOW AL MEN BY THESE PRESENTS: That we. whose hanIs are hereunto affixed. do hereby asSo- ciate ourselves together for the our pose of forming a corporation under the laws Of the Territory of Arizona. and to that end make the following statement:
 First The names of the corporatOrs are: James l.. Carlisle. John I. Mar tin. Thomas M. Hollingshead, Chas. F. Turner. F. R. A. Misemer, O. M. Davis and C. F. Pipes. and the name of the corporation shall be THE ST. LOUIS FL PASO SECURITIES COMPANY. The principal place in which the bus- ness of said corporation within the Territory of Arizona is to be trans acted is Phoenix. Maricopa County. Arizona. and the principal place of business of said corporation outside of the Territory of Arizona shall be the city of St. Louis, in the State of Mis- souri, at which meetings of the Board of Directors and stockholders may !e held and the corporation may have such branch offices either within or without the Territory Of Arizona as may be established by the Board of Directors.
 Second: The general na ature Of the business proposed to be transacted by this corporation is as follows. to-wit.
 To purchase. lease. bond. locate CT otherwise acquire. own, exchange. Sell or otherwise dispose Of pledge, mort gage, hypothecate and deal in real cs- tate and all kinds of personal prop erty, mines. mining claims. oil lands. mineral lands, oil. gas. asphaltum. l'e- troleum, water and water rights and machinery. and to work. mine. explore. operate and develop the same: to Go a general real estate, mercantile and manufa curing business; to own, han dle 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 secure the sane, and to e>er else in respect of all surn bonds. mortgages, notes, bonds. mort gaSes CT deeds of trust to secure the same. and to exercise in respect of all such bonds. mortgages. notes. shares
 
 and obliga tions. any and all rights. powers and privileges of individual i owners thereof, including the right to vote upon any shares of stock held by 1 it to the same extent that natur al l person might or could do: and in sen eral to do all things necessary to the proper conduct of the business of thfs corporation. in the Territory and else where, not inconsistent with the laws of the United States and the Territory of Arizona.
 Third: The amount of authorized capital stock of this corpora tion shall l be Three Hundred Thousand dollars 1 (s300,000.00) divided into Thirty Thou sand (30,000) shares of Ten dollars | (S10O0 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 i or personal property for the uses ard purposes Of said corporation, in pay Inent for which shares of the capital stock of said corporation may be is sued. and the capital stock so issued shall tbereupon and thereby become and be fully paid up and non-assess- able and in the absence of actual fraud in the transaction the judgment of the Directors as to the value of the prop erty purchased shall be conclusive. | Fourth: The time of the commence ment of this corporation shall be :he date oi the filing of these Articles of Incorporation in the office of the Sec retary of Arizona. and the termination thereof shall be twenty-five years thereafter.
 Fifth: The affairs of this corpora tion shall be conducted by d Board of Seven Directors and the following named shall constitute the Board oi Directors until their successors are elected: James L. Carlisle, John i Martin Thomas M Hollingshaal Chas. T.. Turner. F.. R. Misemer. 0. Nj Davis and c. F. Pipes. Thereafter the Board of Directors shall be elec.ed bylaws of the corporation may pro vide.
 Sixth: The highest amount of in- debtedness or liability. direct or con- tingent, to which this corporation is at any time subject shall be Thirty Thousand Dollars ($3O.00O.G0).
 Seventh: The private property ot the stockholders of this corporation shall be exempt from corporate debt, or any kind whatsoever.
 IN WITNESS WHEREOF. We havl hereunto set our hands and seals thi. i 5th day of June. 1909.
 JAMES I.. CARLISLE.