Arizona republican., 1902-05-11
ARTICLES OF INCORPORATION
OF THE
THE OHIO McCLOSKEY WIRE
FENCE AND CONSTITUTE
TON COMPANY.

KNOW ALL MEN BY THESE
PRESENTS. That we. whose hands are
hereunto affixed. do hereby associate
ourselves together for the purpose OF
forming a corporation under the laws
bf the Territory of Arizona, and to that
end make the following statement:
First: The names of the corporation
are: Geo. L. Roulet. John Stollberg.
H H. Hunter. Richard Kind. J. p. Deg
man. Jas. P. Daley, C. w. Gaghan, AMI
the name of the Corporation shall b.
The io-McCloskey Wire Fence ana
Construction Company. The principal
place in which the business of said cor
poration within the Territory OF Ari-
IONA is to be transacted is Phoenix.
Maricopa County. Arizona. and the
principal place of business of said cor
poration outside the Territory of Arr
IONA shall be the City of Toledo, in the
State of Ohio. at which meetings of the
Board of Directors may be held. and
the corporation may have such branch
offices either within or without the Ter
ritory of Arizona as may be established
by the Board of Directors.
Second: The general nature of tho
business proposed 10 he transacted b.
this corporation is as follows, to-wit:
To purchase, lease. bond locate or
otherwise acquire, own, exchange. sell
or otherwise dispose of, pledge. mort
gage. hypothecate and deal in real es-
tate and any and all kinds of personal
property. mines. mining claims. o.,
lands. mineral lands, oil, gas, asphalt
tUm, petroleum. water and water rights
and machinery, and to work. mine. eX-
plore, operate and develop the same: to
Go general real estate, manufacture
ing and mercantile business: to own,
handle and control letters patent and
inventions and shares of capital stock
of other corporations; to borrow money
and execute notes, bonds, mortgages or
deeds of trust to secure the same. and
to exercise in respect of all such bonds,
mortgages. notes, shares of capital
stock and other securities and obliga-
tons any and all rights, powers and
privileges of individual owners there
of, including the right to vote upon any
shares of stock held by it 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 Ter
ritory and elsewhere. not inconsistent
with the laws of the United States and
the 1eEGllcES OI AflEOEG-
Third: The authorized amount of
capital stock of this corporation shall
be one hundred thousand dollars
(S1OO O0O). divided into ten thousand
shares of the par value of ten dollars
$50 each. At such time as the Board
of Directors may by resolution direct
said capital stock shall be paid into
this corporation either in cash or by the
sale and transfer to it of real or per
sonal property for the uses and pur-
poses of said corporation, in payment
for which shares of the capital stock
of said corporation may be issued, and
the capital stock so issued shall there
upon and thereby become and be fully
paid up and worcestershire, and in the
absence of actual fraud in the transac-
ton the judgment of the Directors as
to the value of the property purchased
shall be conclusive.
Fourth: The time of the COM
mencement of this corporation shall be
the date of the filing of these Articles
of Incorporation in the office of the
Secretary of Arizona, and the terminal
! ton thereof shall be twenty-five years
thereafter.
! Fifth: The affairs Of this corpora
ton shall be conducted by a Board OF
| Directors and the following named
shall constitute the Board of Directors
until their successors are elected: Geo
L. Roulet. John Stollberg. II. H. Hun
! ter. Richard Kind. J. Z. Degman. Jas
P Daley, G.. w. Gaghan. Thereafter
the Board of Directors shall be elected
from among the stockholders as the by
laws of the corporation may provide
| Sixth: The highest amount of in
debtednes; or liability. direct or con-
tingent. to which this corporation is at
any time subject shall be fifty thousand
dollars ($5O.OOO).
Seventh: The private property of the
stoCllhpldcrF Of this Cornura ton shall
be exempt from corporate debts OF any
klnd whatsoever.
IN WITNESS WHEREOF, We have
l.ereUrto set cur hands and seals this
21st day Of april, 1902.
GEO. I. RoULET. (seal)