The news-herald., 1902-11-22
ARTICLES OF lNCORPORATION
Of the
PHOENIX CYCLE COMPANY.

KNOW ALL MEN BY THESE PRESENTS:
That we. whose hands are hereunto amXed' 90
hereby associate ourselves together tor the
Durpose of forming corporation nnder the
laws of the Territory of Arizona, and 10 Ihat
end make the following statement:
FIRST; The names of the incorporators
are F. O. White, D. s. White ana
F. D. Lane. and the name of the corpor-
alton shall be The Phoenix Cycle Company
The principal place III which the business OF
said CORPORATION within the Territory of Ari-
zona is to be transacted is at Phoenix, Marl-
copa county, Arizona, and the principal place
of business of said corporation outside OF the
Territory of Arizona shall be the City OF Indl-
annapolis in the State of Indiana at when meet
ings OF the Board of Directors may be held ana
the corporation may have such branch Ofnces
either within or without the Territory OF Arl-
zona as may be established by the Board Oh
Directors.
SECOND: The general nature OF the business
proposed to be transacted by this corporation
is as follows:
To make contracts to purchase, lease, bond
locate or otherwise acquire, own, exchange
sell or otherwise dispose of, pledge, mortgage
hypothecate and deal in real estate and 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 ana de-
Yclop the same; to do general real estate,
manufacturing and mercantile business; 10
own. handle and control letters patent ana IN
VentionS and shares of capital stock OF other
corporations; to borrow money ana execute
notes, bonds, mortgages, or deeds OF trust 10 Sc
cure the same and to exercise in respect to all
such bonds; mortgages, notes, shares OF capltaI
stock and other securities and obligations any
and all rights, powers and privileges OF 1ndl-
yidual owners thereof including the right to
vote upon any shares of stock held by it to the
some extent that a natural person
might or could do; and in gener
al 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 CAPT
tai stock of this corporation shall be
fifty thousand dollars -$5O,OCO00-
divided into thousand-2, 90, 600
shares of the par value OF one
dollar-$1 O0-each. At such time as the Board
of Directors may bp resolution direct said
capital stock shall be paid into this corpora
ton 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 corporat ton shall be the date OF the fill
ing of these articles OF incorporation in the
Office vi the Secretary Of State Oh arizona and
the termination thereof shall be twenty five
years thereafter
- FIFTH: The affairssof 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 +. D. Lane.
Thereafter the Board of Directors shall be e.
lected from among the stockholders the By
Laws OF the Corporation may provide.
SIXTH: Thh highest amount OF indebtedness
or liability, direct or contingent to which this
corporation is at any time subject, shall be thir
ty thousand dollars-$3O OOOO.O0-which amount
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 [Seal]
F. D. Lane tSealJ
Territoyr ofArizona, o
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
F. o. White, D. s. Bray and F. D. Lane
kn)vn t. me to be the persons G
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.
[Seall William English
Notary Public,
Ny commission expires March 10, 1904
First publication Nov. %, 1902.
H11E1EE1z.I1zz1II a