The Tucson citizen., 1902-10-21
ARTICLES OF INCORPORATION
-of the
TROY LAUNDRY COMPANY.

AN l.
The undersigned hereby associate
themselves together for the purpose of
*taa-ming a corporation under the laws
epf the Territory of Arizona, and here
by adopt the following articles.
..s ARTICLE I.
Names Of Corporators.
The names of the corporators are
Masses Drachman, Harry A Drachman
AVID Selim J. Nicholson.
fy ARTICLE H.
Name of Corporation.
The name of the corporation shall be
THE TROY LAUNDRY COMPANY.
ARTICLE H.
General Nature Of Business.
The general nature of the business
proposed to be transacted by said COR
poration is the carrying on, operating,
conducting and maintaining steam
aaandry in the Territory of Arizona
and elsewhere as may be determined,
aR6f the acquisition and ownership Of
property. real and personal for said
purposes, together with the acquisition
and ownership of rights, privileges,
machinery and appliances of any and
every nature applicable to said business,
and the sale of the same; the manu-
facture and sale of machinery, appli-
aRees and commodities of any nature
applicable to said business; the ere
lrGxiOn, organization, operation and
maintenance of branches of said busf-
Rsss in other places and cities within
the Territory of Arizona and else
where; and also the maintenance and
conduct of an agency or agencies for
the sale and disposition of commodities
sNd effects used in connection with,
manufactured for or applicable to the
Business of a steam laundry with the
night and privilege of acquiring and
'scsang any other" power or process
which may become known and applica-
[ilIe to the purposes Of said business.
ARTICLE w.
Said corporation shall have the
right to purchase, own, control, lease
and operate other laundries, whether
owned by corporations or by indiyid-
mails, and when owned by corporations,
may purchase the entire capital stock
ns said corporations, Or any portion
thereof
ARTICLE ".
Capital Stock.
The canital stock of said company
shall be Twenty Thousand Dollars
$50, ,000), divided into Twenty Thou
szsnd $4,000 shares of the par value OF
One Dollar ($1) eachl and the Board of
Directors hereinafter named, and their
Successors, shall have the power to
wake all necessary bylaws and rules
Sm relation to the issuing and transfer
sof said stock.
ARTICLE VI.
Indebtedness
The higest amount Of Indebtedness
and liability, direct or contingent. to
which said corporation is at any time
10 subject tself shall not exceed in any
case two-thirds (2-3) of the amount OF
tine capital stock.
10 ARTICLE VII.
Board of Directors.
The business and affairs of said cor
poration shall be conducted by board
af three (3) directors, and Moses
Drachman. Harry A. Drachman and
$selim j. Nicholson are hereby consti-
4IIted the Board of Directors of said
corporation until the first annual meet
eng, as provided by these articles, when
their successors shall be chosen anC
become duly qualified.
ARTICLE VIII.
The duration of this corporation
shall be twenty-five years from thu
1ate of fling these articles.
Y ARTICLE TX.
The stockholders of said corporation
are hereby exempted from all liability
FOR the debts of said corporation.
ARTICLE K.
The officers of the corporation shall
he President, Vice President, Treas
Urer and Secretary. The duties of thu
Treasurer and Secretary may, at tn
fJwtion of the Board OF Directors, b.
vested in one and the same person.
ARTICLE XT,
The principal place of business 0
said corporation shall be at the Cit.
O9 Tucson, in the County of Pima
Territory Of Arizona, but such corpor
alton Is authorized to establish places
OF business or branch offices at sucl
11her cities and towns in said Terri