Arizona republican., 1903-04-06
LEsAL ADVERTISEMENTS.
ARTICLES OF INCORPORATION
 OF 1.-THE TOLEDO FLOW COMPANY.

KNOW ALI. MEN BY THESE PRE- SENTS. That we, whose names are hereunto affixed. do hereby associate ourselves together for the purpose of forming a corporation under the laws of the Territory of Arizona. and to that end make the following statement:
 FIRST. The names of the corpora tors are William s. Wright, Wallace E. Golfer and Bruce Wilson, and the name of the corporation shall be ''The TO- LEDO FLOW COMPANY" The prin- cipal place in which the business of said corporation within the TelritHr> of Arizona is to be transacted is Phoe- nix, Maricopa county, Arizona, and the principal place of business of said cor poration outside the Territory of Ari- zona shall be in West Toledo, Washing ton township, Lucas county, in the State of Ohio, at which meetings of the Board of Directors may be held and the company may have such branch offices either within or without the Territory of Arizona as may be estah- lished by the Board of Directors.
 SECOND. The general nature of the business proposed to be transacted by this corporation is as follows, to-wlt:
 To purchase, lease. bond, locate or otherwise acquire, own. exchange, seli' 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 agricui- tural and all other kinds of machinery and implements; to do 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' Inortgages, 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 (S1OO, ,oOO) divided into one hundred thousand shares of the par value of one hundred dollars (s10O) each. At such time as the Board Of Directors may by resolution direct, said capital stock shall be paid into this corpora ton either in cash, services or by the sale and transfer to 1t 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 con- mencement of this corporation shall be 
 of Incorporation in the office 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 corporation may provide
 SIXTH. The highest amount of fn- debtedness or liability, direct or con- tingent, to which this corpora ton is at any time subject shall be sixty-siX thousand and six hundred dollars Cs66, ,60O).
 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, Q Notary Public, in and for the county and State aforesaid, residing therein duly commissioned and sworn, person ally appeared William 5. Wright. Wal lace E. Color. and Bruce Wilson known to me to be the persons de- scribed in. whose names are subscribed to, and who executed the annexed in strument. and they acknowledged tc me that they executed the same for the purposes and considerations therein ex- pressed. In witness whereof I have hereunto set my hand and affixed m. 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.
 SToEon r.,