Arizona republican., 1902-10-11

instruments of any and all kinds, and appliances for producing. registering, or recording musical sounds, and also chemically prepared paper, plain or perforated and perforated. sheet music under letters patent of the United States or foreign countries.
 Fifth: Manufacturing. owning, hold ing, selling and buying all classes of merchandise for or in connection with any of the Company's said business.
 Sixth: Doing any other acts or car rying on any other business incidental to or properly connected with any of the foregoing matters which a firm or copartnership could lawfully do under the laws of the United States of Amer ica, and the Territory of Arizona.
 Third: The authorized amount of capital stock of this corporation shall be two million five hundred thousand dollars (s2 800, ,0O0) divided into two mill lion five hundred thousand (2,50O0Oo) shares of the par value of one dollar (S1.00) each. Two million dollars 1 ($2, coo, 000) of the par value of said stock shall be common and five hun dred thousand dollars ($500,OO0) shall be seven per cent c per cenD non-cumu- lative preferred stock.
 At such time as the Board of Direct ors may by resolution direct, said cap ital stock shall be paid into this cor poration either in cash or by the sale and transfer to it of real or personal 1 property for the uses and purposes of said corporation. in payment for which shares of the capital stock of said cor pora tion may be issued, and the cap ital stock so issued shall thereupon and 1 thereby become and be fully paid up and non- -assessa ble, and in the absence of actual fraud in the transaction, 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 Incorporation in the office of the Secre- tary of Arizona, and the termination thereof shall be twenty-five years thereafter.
 Fifth: The affairs of this corporaa- tion shall be conducted by 2 Board of five (5) Directors and the following named shall constitute the Board of Directors until their successors are elected: Oakley Sellick. Charles s. Wood Win E. Colwell, J. w. Kelchner. and J. Ed. Sheriff.
 Thereafter the Board of Directors shall be elected from among the stock holders as the bylaws of the corpora tion provide. The officers of said cor poration until their successors are elected shall be:
 Oakley Sellick, President. | Charles s. Wood, President. J. w Kelchner, Secretary.
 J. Ed. Sheriff. Treasurer.
 Sixth: The highest amount of in- debtedness or liability, direct or con tingent, to which this corporation is at any time subject shall be One hundred thousand dollars ($1OO,OOO), which amount does not exceed two-thirds the amount of the capital stock. Seventh: The private property of the stockholders and Directors of this cor poration shall be exempt from corpo- rate debts Of any kind whatsoever. In Witness Whereof, we have here unto set our hands and seals this 23rd day of September, 1902.
 OAKLEY SELLICK (SeaD
 CHARLES s. WOOD (SeaD WILL J. COLWELL (SeaD
 J. w. KELCHNER tSeaD J. ED. SHERIFF (SeaD State of New York,
 County of New York, ss.
 On this 24th day of September in the year 1902, before me, C. K. Faucette. Notary Public in and for the State and County aforesaid. residing therein. duly commissioned and sworn, personally appeared Oakley SeIlick. Charles $. Wood. Will J. Colwell, J. w. Kelchner and J. Ed Sheriff. known to me to be the persons described in. whose names are subscribed to and who executed the annexed instrument, and they acknowl- edged to me that they executed the same for the purposes and cOnsidera- tions therein expressed. In Witness Whereof, I have hereuntc set my hand and affixed my official seal at my office in the said State and County, the day and year last above written.
 (SeaD C. K. FAUCETTE. Notary Public No. 155 New York Coun-
 ty, State of New York.
 My commission expires March 2Cth | 1904
 State of New York.
 County of New York, ss. | l. Thomas Hamilton, Clerk Of the County of New York. and also clerk ct the Supreme Court for the said Coun-y. the same Icing a Court of Record Do | Hereby Certify, that C. K. F1u3e.te, whose Lsme iS subscribed to the certI- Gcate of the roof or acknowleItnaent | cf the annexed ins trument, an thereon written was at the time of taking such proof or acknowledgement notary pub lie in and for the county of New York, dwelling in tLe said County, caGnis stoned ant sworn and duly authnrizeI to take the same. And further. that I am we'll acquainted with the handwIit- ing of such Notary, and verify believe that the signature to the said certifi- cate of proof or acknowledgment ;s genuine.
 Tn Testimony Whereof. I have nere- unto set my hand and affixed the seal of the said Court and County, the 24th day of Sept, 1902.
 (SeaD THOS. L. HAMILTON,
 Clerk. Territory of Arizona,
 County of Maricopa, ss. ] I, B. F. McFall, County Recorder in and for the County and Territory