Arizona republican., 1902-03-11
ARTICLES OF INCORPORATION
 of the WATOSA COMPANY.

be II hllONil, that lHe ullueTSiS lttl, | having voluntarily associated them selves together with the intention of forming q corpora ton under tile laws Of the Territory of Arizona. have adoptei a"d hege'2' G) G<,a. t,Io fu.- lowing articles of incorporation:
 ARTICLE I.
 The name of the corporation shall he The Watosa Company.
 The general pature of it's business shall be to buy and otherwise acquire, manufacture and sell patent, pro prietary and other medicines of all kinds; also navoring extracts. ointmeats. salves. iiniments. To- tions. spices and condiments; and to do anything that is convenient in connection herewith. properly in cident thereto. and necessarily con- ness of said corporation shall be Phoe- nix. county of Maricopa. Territory of Arizona, with branch office in the city of Winona. county of Winona and state Of Minnesota.
 ARTICLE II.
 This corporation shall commence on the first day of March, 1902. and shall continue for a period of twenty-five years.
 ARTICLE III.
 The amount of the capital stock of said corporation shall be $15000.00 di vided into 1,5G0 shares of the face value of 5000 each, and shall be issued and paid for as ordered by the board of di rectOrs: said board of directors may issue preferred stock in said corpora tio., but only on such terms and under such conditions as may be prescribed by the bylaws: and the highest amount of indebtedness and liability to which said corporation shall at any time be subject, including preferred stock. issued and outstanding, shall not exceed the sum of $10.000.00
 ARTICLE ".
 The names and places of residence of the persons forming this corporation are as follows: Joseph Shackell, Er- nest H. Smith. T. s. Estabrook. George T. Simpson. Paul E. Baumgartner. Henry J. Willis, O. T. Caswell, James K. Simpson and Will Hayes Laird, all of the city of Winona. Minnesota. ARTICLE V.
 nected with the same and any part | thereof: also. to borrow money and eX- i ccute and deliver notes and mortgages to secure same. and to acquire, pur- 1 chase hold and sell. and otherwise deal in real and personal property, includ . | ing the shares of stock of this or other like corporations: and generally to do and perform any and all business and acts in which individuals may lawfully associate themselves to perform. The principal place of transacting the busi- | The government of this corporation and the management of it's affairs. shall ] directors who shall be stock elected at the annual meeting of the stockholders which shall be held on the first Monday in March of each year, at such hour and place as may he prescribed by the bylaws. and such di- rectors shall continue in office for ore year. and until their successors shall l have been elected and qualified. The meetings of the stockholders and of the board of directors may be held without l the Territory of Arizona and at tiln said city of Winona. Minnesota. Tn" | first board of directors shall consist oi Joseph Shackell, T. s. EStab.0GN. J '.1lea K. Simpson, Henry J. Willis and Q. T. l CaswelI. who shall hold their office ur- til the annual meeting 0. the stock holders in the year 1903. and until their successors are elected and qualified The officers of said cOrr1Tc ton shall be president, a Vice-preSident. sec retGry and a treasurer. and they shal be annually elected by the directors at their first meeting after their own elec- tion. One person may he chosen tC hold any two Of the said offices at the same time. except the offices of presi- dent and vice. president Until theil successors are elected ana cua;ifie,i Jc- Seph Shackell shall be president ard treasurer. James k. Simpson shall b= Vice-president and treasurer and T. S Estabrook shall be secretary. Any va carcy in the board of directors may be filled by the board at any regular or special meeting. Special meetings of the board may be held at any time and place and under such notice as may be prescribed by the bylaws. All elec- tiors must be by ballot, and every rtockhclde- shall have the right to vote in person or by proxy, the number of shares standing in his name upon the books of the company. foi as many per sons as there are directors to be elect ed. or to cumulate said shares and give one candidate as many votes as the ! number of directors multiplied by the number of shares shall equal, or dis tribute them oa the same principle. or among as many candidates as he shall see fit.
 ARTICLE VI
 The private proprty of the incorpor- atCrs and of the stockholders in said corporation is exempt from the pay ment of the corporate debts, and there shall be TO individual liability to stockholders and directors for their acts as such.
 ARTICLE VII
 The shares of stock of this corpora ton shall be forever noY-assessable. In witness whereof. We have hereun- to set our hands this 10th day Of Feb | ruary. 1902.
 1 JOSEPH SHACKELL (seah ERNEST IT. SMITH (seaD
 T. s. ESTABEOOK (seaD GEORGE T. SIMPSON (seaD PAUL F.. BAUMGARTNER (seaD HENRY J. WILLIS (seaD O. T. CASWELL (seaD JAMES K. SIMPSON (seaD 1 WILL II YES LAIRD (Sea)