The Arizona sentinel., 1903-07-29
ARTICLES 0f RECOMMENDATION
Syndicate Loan Company.
or THE

or Incorporation.
 First: The name Of this corporation Is and shall be Syndicate Loan Company.
 Second: Tine principal place for the tram section of business of this corporation shall be in the City of Yuma, County Of Yuma, in the territory of Arizona; said corporation shall and may have and maintain offices in other parts of the United States, and the principal office Of said company outside of the territory of Arizona shall be In the City of Los Angeles, County of Los Angeles State of California, at which office meetings of the Directors and stockholders of this Company may be held and any and all business ofthe corporation may be transacted. The business of said corporation shall also be carried on Tn said territory of Arizona and the said State of California, and in any and all other parts of the United States, and in other parts of the world as may be deemed best for the carrying on oI the business and purposes for which this corporation is created.
 Third: The amount and sum of the capital stock of this corporation is and shall be in the sum of thirty-five thousand dollars lS3j.- OO0l divided into thirty-five thousand shares of the par value of one dollar each. Said stock shall be full paid and non-assessable, and may be paid for at the time of its is suance in cash, property services or any other equivalent or valuable consideration.
 Fourth: The time of the commencement of the existence Of this corporation shall be the date of the filing of these Articles of Incorp- Oration for record in the office Ofthe Auditor of the said territory of Arizona and the teTmina-
 
 be twenty-five years from and after said date, provided, the directors anfi stockholders or the directors or stockholders may, If they See it so to to do. before the eexpiration of said twenty-five years, renew the same from time to time for a period of not exceeding twenty five years in any one renewal.
 Fifth: The affairs and business of this cor poration shall be conducted by Board of two directors, each and all of whom shall be stockholders in said corporation. Said di- rectOrs shall be elected by the stockholders of this corporation at the annual meeting of the stockholders, and said annual meeting of said stockholders shall be held upon the first Tuesday in October, at the hour of ten o'clock in the forenoon in each year. provid- ed that the persons who shall act as directors until such annual meeting shall be and shall constitute the Board of Directors of this cor poration until said meeting is held, or until their successors are elected and qualified, are the above mentioned Charles w. Bryson, and Marshall H. Woodland.
 Sixth: The officers of this corporation shall be and consist of President and Secretary and such other officers as the Board of Di- rectors may see 1t to elect or appoint, The aforesaid first mentioned officers shall be elected by the Board of Directors Within ten days offer the election Of the directors at any annual meeting Of the stockholders, the said directors shall elect their officers as herein provided. And for the first year or until the holding of said annual meet ing the directors shall elect said officers from among their number within ten days after the filing of these articles in the office of the said auditor ofthe territory of Arizona.
 Seventh: The high hest amount of indebted ness or liability direct or contingent to which this corporation is at any time to subject It. self is in the sum of Twenty-three Thousand Dollars (Sa3,O00l.
 Eighth: The private property of the jtOck- holders of this corporation is and shall at all times be exempt from any and all corporate debt or debts of this corporation, and the stockholders thereof are and shall at all times be personally exempt from any and all liabili- ty for any debt or debts Of this corporation.
 Ninth: The objects and purposes for which said corporation is created and organized is 10 loan money with or without security, to receive and accept, hold and possess as curity for money loaned pledges of personal property, and to act as pledgees or pledgorS of personal property, and to have and receive promissOry notes other evidences of i'm debtedness from parties borrowing money from this corporation, and to sell and ncgo- tiate the same and to sell property which may be pledged to it as security for loans; to accept as security for money loaned mortga- ges upon both real and and personal property and to execute both chattel mortgages and mortgages on real estate, and to execute satisfactiOns and releases for the same. To loan and borrow money, to make and issue promissory notes, bills of exchange, bonds debenturcs and evidences of indebtedness Of all kinds whether secured by mortgage pledge or otherwise, and to secure the same by mortgage, pledge or otherwise.
 To hold, purchase or otherwise acquire, to sell, assign, transfer, mortgage, pledge or oth- erwise dispose of the capital stock and bonds, debentures providence of indebtedness creat-
 
 to buy and sell personal property, and to act as the bailee or bailor for personal property.
 To issue shares of stock, debentures, de. benture stock, bonds and other obligations. To invest the money so obtained in and to hold. sell and deal with stock, shares, bonds and securities of any corporation either pu- bile ar private, to make advances upon and to hold In trust, issue on commissions, sell d ,,f ipx purposes.
 To acquire by purchase, loans, exchange, nire or otherwise lands, or any interest there in, and to erect and construct houses and buildings Of different kinds upon any land of the company or other lands: to sell, lease, let, mortgage otherwise dispose of the | lds, houses or buildings or other property of the Company.
 To carry on a general loan business to do any or all things in these Articles set forth as objects, purposes, powers or otherwise, to the might or cou.d do, as principals, agents, trus- tees or otherwise.
 In witness whereof, the hereInabove named incorporators have hereunto set their hands and seals this 27th day Of May, A. D. 1903.
 CHARLES W. BRYsoS. Seal
 MARSHALL H. WoODARD. Seal State of California, County of Los Angeles, ss.
 Before me, F, w. Wismer, Notary Public in and and for the County ofLos Angeles, State Of California, duly commissioned and sworn, on this day personally appeared