The Tucson citizen., 1902-07-14
ARTICLES OF INCORPORATION
of the
LEMOLA SOAP COMPANY.

Know all Men by These Presents:
That We, the undersigned residents
of the city and county OF Los Angeles,
have associated ourselves
together for the purpose of forming
under the laws of The
Territory Of Arizona, and we do hereby
certify.
/. That the name Of the corpora
ton shall be- LEMOLA SOAP COM
PANY, and It's principal place of bust
ness shall be Tucson, in the Territory
of Arizona but II shall have branch
Office in the City OF Pasadena and
Los Angeles. Los Angeles County, Cal
ifornia
=. That the general nature of the
business to be transacted by said cor
poration is To manufacture. sell and
distribute soaps Of all kinds, and to
buy sell. deal in and manufacture all
ingredients of every character used in
and about the manufacture Of soap,
To acquire, buy, sell. lease or hire
real or personal property Of every
Cndacter whatsoever, required in or
ebout the business of the corporation,
.al1 to cucumber. pledge and hT-
pothecate the same as the board OF
directors may see fit.
To own and vote the stock OF other
corporations.
3. That the amount Of capital stock
authorized Is five hundred thousand
$500 000l dollars, and the number OF
shares into which It shall he divided
is FIVE thousand 6 000l Of the par value
Of one hundred ($t00) dollars each.
That OF said stock four thousand
q 000l shares shall be common stock,
aud one thousand u,000l shares shall
be preferred stock. That said COM
mon stock alone shall be voted, and
said preferred stock shall have no vot-
ing power.
That from the net earnings there
shall be apportIoned yearly to said
preferred stock dividends at the rate of
six per cent per annum, before the
common stock shall participate in the
earnings Of said company: said pre-
ferred stock shall not participate fur
ther in the earnings OF the corporation.
If. DUNG any year. the net earnings
shall not be sufficient to permit pay
ments of said six per cent dividend 90
preferred stockholders. then any de-
fciency shall be made up from the div
idends Of succeeding years. before any
apportionment is made of earnings to
common stock.
T. All of said stock shall he full
paid and non -assessahle. All of said
stock shall be paid in upon the lssu-
ance thereof
=. That the time of the commence
ment of this corporation shall he July
list, 1902 and it's corporate life shall
endure for the period OF twenty i've
years thereafter.
s. That the highest amount Of In
debtedness or liability to which the
corporation shall at any time be sub
ject shall not exceed one-tenth of It's
capital stock
7, That the private property of each
officer and stakeholder OF said cor
poration shall be exempt from liability
for corporate debts.
8 That the affairs Of the corporation
shall be directed by Board of Direc.
tors. which shall consist of three men,
bers. who shall be elected at an an
nual meeting of the stockholders. to be
held on the first Tuesday after the
second Monday of each year after the
year 1902; but n. before said meeting
is called. two-thirds of the capital
stock having a vote. shall. in writing.
to be kept on file with the secretary.
have requested that no election be
held for any given year. then the Board
of Directors then in Office shall hold
over until the next election But un-
til the first annual meeting of the
under these articles. and
until their successors shall have been
elected and shall have qualified the
following are hereby selected and ap-
pointed to serve as directors OF the
to-wit: Frank A. Wolf
skill, r, Fl, Cass and NJ. A. Mooney.
Witness our hands and seals of the
this Sd day of July. 1902
FRANK A. WOLFSKILT..
F. r. CASS,
NJ A. MOONEY.