Arizona republican., 1903-04-09

or otherwise dispose of. pledge. mort gage, hypothecate, and deal In real estate, and any and all kinds of person. al property and machinery, and to work. operate and develop the same | to manufacture, buy and sell agricul- tural and all other kinds of machinery and implements: to do a general real estate. manufacturing and mercantile business; to own, handle and control 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 ex-
 ercise 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 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 Territory and elsewhere. not incon- | sistent with the laws of the United | States and the Territory of Arizona. | THIRD. The authorized amount of | capital stock of this corporation shall be one hundred thousand dollars | (s100, ,00O) divided into one hundred thousand shares of the par value of | one hundred dollars (s10O) each. Ar
 such time as the Board Of Directors
 may by resolution direct, said capital stock shall be paid into this corpora tion either in cash, services 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 si issued shall thereupon and thereby be-
 come and be fully paid up and non assessable, and in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased or the services
 rendered shall be conclusive. | FOURTH. The time of the com
 mencement of this corporation shall be
 the date of the filing of these Articles l of Incorporation in the oflce of the | Secretary of Arizona, and the termina- | tion shall be twenty-five years there after.
 FIFTH. The affairs of this corpora | ton shall be conducted by Board of | Directors and the following named shall constitute the Board of Directors until their successors are elected: :: William s. Wright, Wallace E. Golfer, and Bruce Wilson. Thereafter the Board of Directors shall be elected from among the stockholders as the bylaws of the corpora ton may provide. SIXTH. The highest amount of in- debtedness or liability, direct or con- l tingent, to which this corporation is at
 any time subject shall be sixty-six thousand and six hundred dollars | (s66, ,6O0).
 SEVENTH. The private property of | the stockholders of this corporation shall be exempt from corporate debts | of any kind whatever.
 | In witness whereof, we have here | unto subscribed our names this 14th day of February. 1903.
 WILLIAM s. WRIGHT (SeaD WALLACE E. COLLIER (SeaD BRUCE WILSON (SeaD State of Ohio.
 Lucas county, ss.
 On this 14th day of February, in the year 1903. before me, Harry Levison, a | Notary Public, in and for the county and State aforesaid. residing therein. | duly commissioned and sworn, person. ally appeared William s. Wright, Wal | lace E. Color, and Bruce Wilson, | known to me to be the persons de- | scribed in, whose names are subscribed 1 to, and who executed the annexed in | strument, and they acknowledged to me that they executed the same for the purposes and considera ations therein ex- pressed. In witness whereof I have hereunto set my hand and affixed my official seal, at my office in said county,
 the day and year last above written | My commission expires November 13 1905.
 HARRY LEVISON. | (Notarial SeaD Notary Public. Territory of Arizona,
 | County of Maricopa, ss.
 | I, B. F. McFall, County Recorder In
 and for the county and territory afore-
 said, hereby certify that I have com pared the foregoing copy with the orig
 inal Articles of Incorporation of THE
 TOLEDO FLOW COMPANY, filed and recorded in my office on the Fist day of 1 February, 1903. in Book No. 14 of In- corporations at page......, and that the
 same is a full, true and correct copjy of such original and of the whole l thereof
 Witness my hand and seal of office
 this Fist day of February, 1903. B. F. McFALL. County Recorder | Recorders SeaD
 | By A. S. ARTHUR, Deputy. | Filed and recorded in the office of the | Secretary of the Territory of Arizona | this Fist day of February, A. D. 1903
 at D. m.
 ISAAC T. STODDARD, | Secretary of Arizona.
 First pub. April 6. 1908.