Arizona republican., 1902-03-09
ARTICLES OF INCORPORATION
 of the WATOSA COMPANY.

WATOSA COMPANY.
 Be it known that the undersigned, having voluntarily associated them selves together with the intention of forming d co1 qorat:on under the layrs of t;,a Territory of Arizona. have adopted aad hereby do adopt the fol- lowing articles If incorporation;
 ARTICLE I.
 The name of the corporation shall be 'rhe Watosa Company.
 The general nature of it's business shall be to buy and otherwise acquire, manufac ture and sell patent. pro pr!etar- and other medicines of all kinGe: also navoring extracts. cintments. salves. liniments. lo- tions. spices and condiments; and tu do anything that is convenient in connection herewith. properly in cident thereto. ahd necessarily con- ness or said corporation snail be Phoe- nix, county of Maricopa. Territory of Arizona. with a branch office in the city of Winona. county of Winona and state Of Minnesota.
 ARTICLE Il.
 This corpora tion shall confluence on the first day of March, 1902, and shall continue for Q period of twenty-fi1 . years.
 ARTICLE III.
 The amount of the capital stock of said corporation shall be S15,000.00. dt- vided into 1900 shares of the face value of s10.00 each. and shall be issued and paid for as ordered by the board of di- rectors: said board of directors may i1 = tion 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 S10.000.00.
 ARTICLE IV.
 The names and places oi residence of the persons forming this corpora ton are as follows: Joseph Shackell. Er nest H. Smith. T. s. Estabrook. George T. Simpson. Paul F. Baumgartner. Henry J. Willis. O. T. Caswel. James K Simpson and Will Hayes Laird. all of the city of Winona, Minnesota.
 ARTICLE Y.
 nected with the same and any part thereof: also. tc borrow money and eX- ecute and deliver notes and mortgage to secure same. and to acquire. pur- chase. hold and sell. and otherwise deal in real and personal property. includ ing the shares of stock of this or Othei like corporations: and generally to dl 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 mana agement of it's affairs. shall be vested in q board of five directors. who shall be stock holders: said directors shall bt elected at the annual meeting of the stockholders, which shall be helj on the first Monday in March of eact year. at such hour and place as may h' prescribed by lhe bylaws. and such di- rectors shall continue in office for ont year. and until their successors shal have been elected and qualified. The meetings of the stockholders and of the board of directors may be held without the Territory of Arizona and at th, said city of Winona. Minnesota. Tn first board of directors shall consist O. J K Simpson. Henry J. Willis and O. T Caswen. who shall hold their office un til the annual meeting oi the stock holders in the year 1903. and until their successors are elected and qualified The officers of said corporation shal be a president. vice-president. q sec retary and treasurer. and they shal : be annually elected by the directors a 1 tiOn One person may be chosen |, held any two of the said offices at tn ! same time except the offices of presi ! dent and vice-president. Until thei successors are elected and qualified Jc seph Shacken shall be president an' 1 treasurer. James K. Simpson shall h Vica-president and treasurer and T. : F1sta brook shall be secretary. Any Va cancy in the board of directors may b. ! filed by the board at any regular . special meeting. Special meetings of tn 1 beard may be held at any time an, | place. and under such notice as may h prescribed by the bylaws. All ele . tions must be by ballot, and ever stockholder shall have the right to vot l in person or by proxy, the number Q shares standing in his name upon tn 1 books of the company, for as many per sons as there are directors to be elect ed. or to cumulate said shares and giV 1 one candidate as many votes as tn number of directors multiplied by tn number of shares shall equal. or dis ! tribute them on the same principle, O among as many candidates as he sha see fit.
 ARTICLE VI.
 The private proprty of the incorpof atc.y; and of the stockholders in sai ! ccrnor2 ton is exempt from the pay ] neut of the corporate debts. and ther | shall be no individual liability | stockholders and directors for thei I acts as such.
 ARTICLE VII.
 The shares of stock of this corpora [ tion shall be forever nUn-assessa ble. 1 In witness whereof. we have hereun i to set our hands this 19th day of Feb i ruarY. 1902.
 JOSEPH SHACKELL (seal