Arizona republican., 1903-04-08

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 i business; to own, handle and contro, 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- lions 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 a 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 (s10o,0O0) 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 corporH- 1 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 of Incorporation in the office of the Secretary of Arizona, and the terminal
 
 after.
 FIFTH. The affairs of this corpora ton shall be conducted by a 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 by-laws of the corpora ton may provide.
 SIXTH. The highest amount of in- debtedness or liability. direct or con- tingent. to which this corporation is at any time subject shall be sixty-six thousand and six hundred dollars (s66.600).
 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. 19O3
 WILLIAM S. WRIGHT (SeaD
 WALLACE E. COLLIER (SeaD
 BRUCE WILSON (SeaD State of Ohio,
 
 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 s. Wright, Wal lace E. Color, and Bruce Wilson, known to me 10 be the persons de- scribed in, whose names are subscribed to. and who executed the annexed in strument, and they acknowledged to 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 Is 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 Incorpora tion of THE TOLEDO FLOW COMPANY, filed and recorded in my office on the Fist day of February, 1903. in Book No. 14 of h. corporations at page. ....., and that the same is a full, true and correct copjy of such original and of the whole thereof.
 Witness my hand and seal of office, this Fist day of February. 1905 B. F. McFALL, County Recorder (Recorder's 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. 1903.
 ARTICI ,ES OF INCORPORATED