Arizona silver belt., 1902-04-03
ARTICLES OF INCORPORATION
0f Globe Electric Company.

btpbtf NbuNlN Ol Nltl tllh ltlAib'iS 'A 4AAAtNIHH
 do hereby associate ourselves into an incor. porated company under and by virtue Of the provisions of Chapter II Of Title Xii Of the Revised Statutes of Arizona, and to that end
 we do by this our certificate set forth,
 FIRST That the name by which this cOrpor-
 alion shall be and is designated and by which
 1t shall hercaf. CT be known, is GLOBE
 ELECTRIC COMPANY" The names of the incorporatorS and their places Of residence
 are hereinaboyc mentioned and set forth, and the principal place Of transacting the business of said corporation shall be and is at the Town of Globe, County of Gila ana Territory oi Arizona, This corporation shall also have a branch ofice at the City of Chicago, at whlcl place, If it be so directed by the Board oi | Directors, 1t may transact any and all business Of whatever kind or nature incidental to the management of the affairs Of this corporation. SECOND-The general nature Of the bust. | ness proposed to be transacted Is and shall be | the erection. maintenance and operation Of | an electric power plant with all equipments | and apparatus necessary thereto; to con ~Lruct maintain and operate plant or plants | for the manufacture aud distribution of illun mating and other gases; to construct, maintain | and operate plant for the manufacture and | sale Of ice; to construct maintain and operate
 a water system for the storing sale and diStri- ! button of hot or cold water and other fluids | and In connection herewith to construct,
 maintain and operate Q natatorum to acquire | by purchase or otherwise and thereafter maintain and operate electric street railway | systems, public and private telephone systems and public and private electric lighting | systems
 1 In furthcrance of the objects hereInabove
 set forth to acquire by purchase or otherwise. | and thereafter own and hold real estate, and | erect thereon any and all buildings necessary | To be used and to erect and maintain thereon
 and therein all necessary machinery and ap. | paratus To acquire franchises over the public
 streets and highways Of cities and towns in 1 the Territory of Arizona and particularly in | the Town Of Globe County of Gila and Terri | tory Of Arizona and to erect construct. l maintain and operate theron and therein or
 on any land m the Territory Of Arizona. in any | manner not inconsistent with law. poles and | wires necessary to convey and supply elect l r.cM power and also all pipes and other | appliances necessary to be used In the maLu | lecture storing, sale and distribution uI gas | water or other fluids stored manufactured or
 used under these articles of incorporation. 1 To lay down and maintain tracks and operate
 thereon street railway systems operated by
 electrical power To Issuc bonds debeutures
 or other obligations and secure the same by
 mortgage ot any of the property rights or 1 franchises Of this company in manner herein
 after in these articles provided for, and in
 general Jo dc and perform any and all acts and 1 things necessary or convenient to be done in ] sarRaatfRp gpft yF ha al,
 mentioned and to be transacted under these 1 articles Of incorporation
 THIRD The amount of capital stock auth Orized shall be and is the sum Of ONE HUN | DRIED THOUSAND DOLLARS, divided into
 One Thousand dOOO shares Of the par value
 of One Hundred GOO Dollars each share. and
 such shares or stock when issued out Of the i treasury shall be fully paid for. transferable | and forever non-asscssabIe.
 | FOURTH I'll time of the commencement of this corporation shall be March 2Sth. 1902,
 the date of filing Of these articles Of incorpor- | ation in the office of the County Recorder Of
 Gna County. Territory Of Arizona, and the l termination thereof shah be twenty-five years | thereafter
 FIFTH The affairs of this corporation shall ! be conducted by a board of five directors who shall be stockholders Of this corporation and
 who shall be elected by the stockholders on | the first Tuesday in April, 1902 and annually | thereafter A majority Of said board shah | constitute a quorum for the purpose Of trans | acting business, and said board when duly elected and qualified shall be vested with the entire management and control of the affairs
 of this corporation during the term for which
 they are elected All vacancies occurring in
 said board ny resignation or otherwise, shall be filled by the remaining members Of such
 board at any regular or special meeting called
 for that purpose and in compliance with the bylaws which may hereafter be adopted At such meeting of the board of directors held on
 the first Tuesday in April 1902 said board shall elect president, vice president. secretary and treasurer and such other officers as may be necessary and convenient for the
 carrying on of the corporate business. and
 until such meeting shall be held and until their successors are duly elected and qualified, lhe officers of this corporation, who are owners of
 one share each of the capital stock hereof shall be and are c. W. Sirch, President and Secretary; Herbert C. Wright, Vice President and Treasurer The board of directors until such time shall be and are Herbert c. Wright, l Lucien E. Harding, Arthur c. Groves, Margaret | F. Srch and C. W. sirch. The first meeting of | stockholders shall be at the City Of Chicago, i State of Illinois, and until such meeting and ] permanent organization the officers and board | of directors above named shall have power to l issue stock and do and perform such other 1 duties as may be necessary for properly carry | ing on the business Of this corporation 1 In addition to the management and control | of the affairs of this corporotion as herein set 1 forth the board of directors of this corpor-
 ntion shall have the power 10 issue bonds | debentures and other evidence of indebted ness upon such terms and conditions as they may deem fit and secured by such assets Of
 this corporation as may by them be deemed
 necessary or advisable
 I SYNTHETIC highest amount of indebted.
 ness direct or contingent, which this coTpor-
 ation shall in any manner become subjected
 to or become liable for, is the sum of SixJy-fve
 Thousand (65, ,0OO0Ol Dollars
 r SEVENTH The private property of stock
 holders in this corporation shall be exempt
 from liability for corporate debts.
 EIGHTH -Ttc>r Jicles of incorporation
 may he HltvIed or amended at any regular or
 special meeting of the stockholders called for
 that purpose in compliance with the bylaws