Arizona republican., 1902-02-17

ed is Phoenix. Maricopa County, Ari- zona. and the principal place of busi- ness of said corporation outside of the Territory of Arizona shall be the City of Cleveland. County of Cuyahoga and State of Ohio. at which meetings of the stockholders and board of directors may be held. and the corpora ton may have such branch offices. either within or without the Territory of Arizona as may be established by the board of di- rectors.
 Second: The general nature of the business proposed to be transacted by this corporation is as follows. to-wit:
 To purchase. bond, lease otherwise acquire, own, exchange. sell other wise dispose of. pledge. mortgage. hy- pothecate and deal in real estate in the Island of Cuba or at any ether point or location whatsoever. and also all kinds of personal property. mines, min ing claims. timber, oil land, mineral lands, oil, gas, asphaltum, petroleum, water and water rights. and :nachin- cry. to work, mine. operate and develop the same. to do a general real estate. manufacturing and mercantile busi- ness. to esta blish, own and operate such rail or tram road. operated by steam, electricity or other motive pow CT. or steam, sail. electric ships or other vessels as may be necessary to lead from its principal works or place of business upon any such lands to some existing line of railroad, turnpike or public highway, to build roadways, to establish town sites, to own. handle and control shares of the capital stock of other corporations, to bUrrow money and execute notes, bonds. mortgages or deeds of trust to secure the same, to exercise in respect of all bonds. mortgages, notes. shares of capital stock and other securities and obliga- tions any and all the rights. powers and privileges of individual owners thereof. including the right to vote upon any shares of stock held Icy Ii to the same extent that a natural person might or could do; and in general to do all things necessary to the proper conduct of the business of this corporation in the Territory and elsewhere, not incon- sistent with the laws of the United States and the Territory of Arizona.
 Third: The authorized amount of the capital stock of this corporation shali be Five Hundred Thousand Dol lars ($500. 0.Oc0.00), divided into Five Thousand (5.OOO) shares of One Hun dred Dollars (S1O0.OO) each, which shall be divided into One Hundred and Fifty G5O) shares of One Hundred Dollars (S1OO.OO) each of preferred stock. and Four Thousand Eight Hundred and Fifty G,S5O) shares of One Hundred Dollars ($10O.00) each of common stock. Said preferred stock shall be entitled to such preferences and rights over the common stock as the bylaws or the corporation may provide.
 Said capital stock shall be paid for when issued. either in cash or by the transfer Of real or personal property for .l,a tion, in payment for which the capital stock of the corporation may be is- sued. and when so issued and paid for. said capital stock shall be full paid and non ssessable thereafter. and in the q absence os fraud in the transaC tion the judgment of the directors as to the value of the property purchased shall be conclusive.
 Fourth: The time of the commence ment of this corporation shall be the date of the filing of these articles of in corporation in the office of the Secre- tary of Arizona. and the termination thereof shall be twenty-five years thereafter.
 Fifth: The affairs of this corpora tion shall be conducted by a board of not less than five nor more than seven Directors. and the following named shall constitute the Board of Directors and officers until their successors are elected: Albert C. Berger, President and Director; J. s. Newhart. First Vice President and Director; Carl wintrich. Second Vice President and Director and General Manager: Percy F. Pierce. Secretary and Director; Clay Herrick Treasurer. and William C. Watkins, Director; and thereafter the Board of Directors shall be elected from among the stockholders as the bylaws of the corporation may pro vide.
 Sixth: The highest amount of in or liability, direct or con tingent. to which this corporation is at any time subject shall bc Fifty Thou sand Dollars ($50,0O000).
 Seventh: The private property of the stockholders of this corporation shall be exempt from corporate debts of any kind whatsoever.
 In Witness Whereof. we have here unto set our hands and seals this 4th day of February. A. D. 1902
 WILLIAM P. CARTIER. (SeaD
 PERCY F. PIERCE. GSeaD
 ALBERT C. BERGER. (SeaD
 WILLIAM F. STEADMAN. CSeaD
 CHARLES D. PIERCE (SeaD The State of Ohio,
 County of Cuyahoga, ss.
 On this Fourth day or February, A. D. 1902, before me, F. J. Thobaben, a Notary Public in and for the County and State aforesaid, residing therein, duly commissioned and sworn, person ally appeared Albert C. Berger, Percy F., Pierce, William r. Carter. William F. Steadman and Charles D. Pierce, known to me to be the persons de scribed in. whose names are subscribed to- and who executed the annexed in strulnent, and they acknowledged to me that they executed the same for the purposes and consideration therein expressed.
 In Witness Whereof, l 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.
 (SealD F.. J. THOBABEN.
 Notary Public.