Arizona republican., 1902-12-16

letters patent and Inventions and shares of capital stock of other cor porations; to borrow money and exc cute 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- tions any and all rights, powers and privileges of individual owners thereof. including the right to vote upon any shares of stock held by it. to the same extent that a natural person might do: and in general to do all things neces- sary to the proper conduct of the busi- ness of this corporation in the terri tory and elsewhere, not inconsistent with the laws of the United States and the Territory of Arizona.
 THIRD.
 The authorized amount of capital stock of this corporation shall be three hundred thousand (S300. .000) dollars, di- Vided into three hundred thousand shares of the par value of one dollar 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 thereof become and be fully paid up and non-assessable, and in the absence of actual fraud in the transac- tion the judgment of the directors as fn ha laa of ha ha shall be conclusive.
 FOURTH.
 The time of the commencement of this corporation shall be the date of the filing of these articles of incorpora- ton in the office of the Secretary of Arizona. and the termination thereof shall be twenty-five years thereafter.
 FIFTH.
 The affairs of this corporation shall be conducted by a board of eleven di- rectors, and the following named shall constitute the board of directors until their successors are elected:
 l Henry Spring, Grand Rapids, Mich.
 Charles w Spear. Muskegon Micn. 2 Lotan C. Read, Grand Rapids, Mich.
 Anthony NJ. Maris, Grand Rapids. Mich.
 Harry L. Colby. Grand Rapids, Mich
 PhiIand E. Daniels. Berkeley, Cal.
 Harry Sawyer. Muskegon. Mich.
 s Morton H. Luce, Muskegon. Mich. g Atlanta E. Briggs, Cedar Springs. Mich.
 10 Fred T. Vos. Grand Rapids. Mich. II Martin Van Derveen, Grand Rap Ids, Mich.
 Thereafter the board of directors shall be elected from among the stock holders as the bylaws of the corpora tion may provide.
 SIXTH.
 That any and all meetings of the stockholders or board of directors or officers of this corporation may be held not only in the Territory of Arizona, bat anywhere outside of the Territory of Arizona as from time to time may be procided by the bylaws of this cor poration.
 SEVENTH.
 That the stockholders of this cor poration at any stockholders meeting or corporate election of this corpora ton. shall be entitled to vote, either in person or by proxy, the stock owned by them in this corporation, in the manner provided, and subject to the provisions of the bylaws of this cor poration, as the same may be adopted from time to time.
 EIGHTH.
 These articles of incorporation may at any time be amended or changed ir any respect or new provisions added thereto by the affirmative vote of Q majority of the stockholders. Sue; | amendment. change or addition shal be signed and acknowledged by the president and attested by the secre- tary of this corporation, and no sucf amendment, change or addition shal be valid unless recorded and published as the original articles are required tC | be.
 NINTH.
 The highest amount of indebtedness or liability, direct or contingent. C which this corporation is at any time | subject shall be five thousand LOGO dollars.
 TENTH. The private property of the stock holders of this corporation shall be ex efInpt from corporate debts of any kin( l whatsoever. z
 In witness whereof, we have here unto set our hands and seals this sev | enteenth day of November, 1902. HENRY SPRING, O. s.
 ANTHONY MARES, G. s. CHAS. w. SPEAR, G. S. | LOTAN C. READ, C.. &. l HARRY L. COLBY, (L. s. | ATLANTA E. BRIGGS G. S.
 MARTIN M. VANDERVEEN L. S.
 SYLVESTER VIM. BARKER, G. S. ARTHUR J. FREE, G. s. ! FRED D. VOS, JR., L. S.. | MORTON E. LUCE. G. s.
 CHARLOTTE c. LUCE, (L. s. | CAROLINE r. BANKS, (L. s. !