The Arizona sentinel., 1902-05-21
ARTICLES 0F lNc0RP0RATI0k
 - OF TEE - Pacific Registry Company.

"a. ing.
 That the name of said corporation shall be the Pacific Registry Company and its principal place of business shall be the City of Yuma, County of Yuma. Territory or Arizona It may also maintain such branch offices. either within or without said Territory of Arizona. as it's Board of Directors may at any time designate at which said branch offices meetings of said Board Of Directors and stockholders may be held and any or all of it's corporate business may be transacted.
 That the purpose for which this corporation is organized and the general nature of it's busf- ness is to engage in Q general insurance broker age business; to negotiate for, buy sell, deal in otherwise handle policies of insur- ance of every kind character and description issued by other persons or corporations and to carry on the general business of an insurance qu1re. out of its surplus profits, shares of the capital stock of this corporatiOn to acquire own, handle buy, sell or otherwise control real and personal property of all and every charac- ter incidental to conducting the business of this corporation; to do any and all things necessary or incidental to the proper conduct of such gen erel insurance brokerage business, in said Ter ritOry of Arizona and elsewhere, not inconsist- ent with the laws of the United States or of said Territory of Arizona
 ILL
 That the capital stock of this corporation shall be SlG0O0. divided into lOc9G shares of the par value of One Dollar each
 That the said authorized capital stock shall be divided into two classes, to wit: Preferred Capital Stock and Common Capital Stock. that iS to say. there shall be 5000 of authorized Pre- ferred Capital Stock Gnd ssGOO of Common Cap ! ital Stock.
 ] That said Preferred Capital Stock shall be | preferred, not only in the payment of dividends | as hereinafter provided. but also in the distri I bUtiCn of the property of said corporation l which shall remain after the payment of all it's ! debts upon it's dissolution or upon the expira- l tion of it's term of existence The said Pre- ! hal hn lpH fc hn maid | from and out of the surplus profits of said cor | pOration. an annual. Semi-annull or quarterly | dividend. not exceeding lO9S per panum upon the par value of the said Preferred Stock. prior | to any payment of dividends upon the said Com mon Capital Stock, and if in any year the sur plus profits of the said corporation are insuffl- | cient to pay such dividend, the same shall be cumulative and before any dividend iS declared or paid upon the said Common Capital Stock for any time. year or years, the said Preferred | Capital Stock shall receive it's annual semi nual or quarterly dividend for all such year or years. before the payment of any dividend or dividends upon said Common Capital Stock; 1t l being the intent that such preferred stock shall ! have it's dividends, herein provided. before 1 any surplus profits are divided amongst the holders of the Common Capital Stock; and 2t | the dissolution ot said corporation on the ex- piratiOn of it's said term of existence. the hold l CTS of the said Preferred Capital Stock shall re- l ceive the par value thereof from the property of the corporation. together with any dividend or dividends that are then unpaid. before the hold CTS of the Common Capital Stock shall receive
 
 pOration.
 I he amount of spch dividends to be paid upon said Preferred Stock and the time or times of | of such payment, shall be determined by the directors of this corporation prior to the iSSu- ance thereof or parts thereof and shall be set forth in the certificates representing the same and the rate specified in the said certificate or certificates. not exceeding 199S annually or 21f9 quarterly. shall have the same force and effect as though it were named herein The said Preferred Capital Stock shali not | participate in the profits of the said corpora tiOn beyond the amount of the said dividends to be determined as herein set forth. This corporation shall have the power to pur- chase the said Preferred Capital stock, from the owner or owners. or holder or holders thereof, at any time after the expiration of two years from the issuance of the said Preferred Capital Stock. at such times and in such amounts the said corporation may elect, upon the payment by the said corporation to such owners or holders of the said Preferred Capital Stock the par value of the same to- gethcr with whatever dividend or dividends may remain uDI aid thereon at the time of such . purchase. provided however. that notice of such intention to purchase shall be given. to such owners or holders of said Preferred Stock at least sixty days in advance of the time Of such purchase by written notice addressed 10 coch such owner and mailed to his last known post office address s:S 1t appears upon the books or this corporation.
 All subscribers for or owners of such Pre- I ferred Capital Stock shall. by taking and hold
 ing same. be held to agree to the several pro- . visions herein contained respecting the iSSu- ance of such Preferred Stock and their rights ! and privileges pertaining thereto, and to the A rigEt and power of said corporation to pur- l. chase such Preferred Stock upon the terms and l. in the manner and at the times herein provided.
 That all of said Capital Stock. whether Pre-
 ferred or Common. shall be forever non-sssess- ' able. and each certificate issued shall stats $ upon it's face the number thereof and the fact
 that it is forever nOn-aS -aSSeSSable- Q ".
 The existence of this corporation shall be
 deemed to commence at the date upon wnien
 it's Articles of Incorporation are filed with the
 County Recorder of the County of Yuma Ter l. ritory of Arizona. and the duly certified copy O filed with the Secretary of said Territory. It f shall terminate twenty-five years thereafter. ' subject to renewal before such termination.
 pursuant to the laws of said Territory n The affairs of this corporation shall be con
 ducted by board of three directors and the ' following named shall constitute said Board oi d Directors until their successors may oe nuiy h elected Eugene F. Walton. George A: Coroin r and w, p Reynolds Thereafter said Board 'l of Directors shall be elected from among the u said stockholders as the Bylaws of this cor il poration may proyidc
 , VI The greatest amount of indebtedness or lia
 bility, either direct contingent to which tEis 7, corporation shall at any time subject itself li 'f 5000
 d The stockholders of this corporation and
 th9ir private property sha-l be forever excmp'
 
 VIII.
 For the Durposr of clecting directors. ant
 shat only what iS known the cumulative sJs a. tem of voting is hereby adopted N In witness whereof, we have hcreunto set Ou ts hands and seals this 3lst day of March leos: T, EUGENE r. WALTON lsEALl U" W. P REYNOLDS ls1ALl
 STATE OF CALIFORNIA, et COUNTY OF Los ANGELES O. On this 31st day of March; m the year on ! dred before
 Omar H. Hubbard a Notary Pubic m ana 10
 the State and County aforesaid residing there
 in duly commissioned and sworn. perSonall
 appeared Eugene P. Walton and w Key
 holds. known to me to be the persons deserloe'
 in whose names are subscribed to and Wh
 executed the annexed instrument and the.
 acknowledged to me that they executed tn
 same for the purposes and consideratlonsthere
 in expressed.
 no hand and affixed my official seal, at my office
 the said COyuty and State. the day and year las ty SpSte SEAL TI''' OMAR II. HUBBARD. d Notary Public in and for the County of Los An
 CcIeS, State of California. e. My commission expires June 15' 1905 d' Recorded at request Of Pioneer InveStmen !, m & Trust Company at o'clock a. m. April ,. "a D. 1902 C. P. GROWN. County Recorder. c Territory of Arizona,
 County of Yuma, C. [ C. P. Cronin, County Recorder in and fc Ie the County of Yuma. Territory of Arizona. d m hereb- certify that the foregoing is full. trli
 and correct copy of the articles of incorporstio
 of the Pacific Registry Company. as 1t appear " Of record in book -3' of Bonds and Agreement: re page - ct sea- records of Yuma county. afcr' said
 u Tn witness whereof, I have hcrcuntO set m
 hand and seal of office, this 18th day of Aprl
 A. D. 1902.
 rs (SealD C. r. CROWN
 County Recorder, Yuma County. Ariz0Ea Ter
 tory
 Filed and recorded in the office Of the Secrt at tary of tho territory of Arizona this 7th da P. of April A. D. l96s, at