The news-herald., 1903-03-14

mon stock to the amount of one II per
cent? per cent per month, and when
there shall be in the treasury of this
company surplus or net profits sufic-
lent to pay the dividend on the pre-
ferred stock and the dividend of one
| & per cent? per cent on the common
stock, then such surplus as may re-
main after paying one per cent diyi-
! dend on the common stock and one per
cent dividend on the preferred stock
may be disposed of by declaring al
equal dividend on both the common
and preferred stock Of the company.
The holders Of the preferred stock shall
have the same rights and privileges as
the holders of common stock. In the
event of any liquidation, or dissolution
or winding up whether voluntary o.
Involuntary Of the corporation. the
holder Of the preferred stock shall not
be entitled to receive any greater por-
ton of the assets than the common
stock, but the assets shall be divided
and paid to the holders Of the common
stock and preferred stock share and
share alike.
Ninth: That capital: stock may be
paid for in cash or property at such
times and upon such conditions as
may be provided by the bylaws or the
board Of directors.
Tenth: That the amount of said
common capital stock which has been
actually subscribed is twenty-five
($25.00) dollars, and the following are
the names of the person by whom tie
same has been subscribed, to-wit:
Names Of
Subscribers. No. of Shares. Amount
e. S. Isaacs, five shares. ........ So. 90
NJ d. Roemer, five shares. ANN. 500
w J. Tabor, five shares. " 500
G. w. Lynch; five shares. ......... 500
W, Fl. MorTisey, five shares. -. 500
Eleventh: That the highest amount
of Indebtedness or liability, direct or
contingent, to which the corporation is
at any time subject is two hundred ana
fifty thousand ($250,000) dollars.
Twelfth That the private properly
OF members or stockholders Of sail
corporation shall be exempt from
liability for corporate debts.
Thirteenth: At oil elections of di-
rectors, each stocknolder entitled 70
vote shall be entitled to as many votes
as shall equal the number OF his shares
of stock multiplied by the number of
directors to be elected, and he may
cast all Of such votes for q single di-
rector or many distribute them among
the number to be voted for or any two
or more OF them as he may see fit.
Tn witness whereof, we have here
unto set our hands and seals this 18th
day of February A. D. one thousand
nine hundred and three.
f. S. ISAACS. (SeaD
M. D. ROEMER. (seaD
w. J. TABOR. (Sea1r
G. W. LYNCH (SeaD
w. H. MORRISSEY. (SeaD
State Of California.
City and County of San Francisco, So.
On this 1fth day Of EabIuary, in tho
year one thousand nire hundred ard
three. before ne, W. T. Hess. notar!
public in and for the county aforesaid
residing therein, duly commissioned
and sworn. personally appeared f. 5
Isaacs, NJ. D. Roemcr. w. J. Tabor, G.
w. Lynch and w II. Morrissey, known
to me to be the persons described in,
whose names are subscribed to. AMI
who executed the annexed instrument,
and they acknowledged to me that
they executed the same for the pur
poses and considerations therein OK.
pressed
In witness whereof, I have hereurto
set my hand and affixed my official saal
the day and year last above written
w T. HESS.
(Seal) Notary Public
Filed and recorded in tho office OF
the county recorder Of Maricopa coun-
ty, Arizona, the 10th day CT February,
A. D. 1909.
Filed and recorded in tha Office nf
the Secretary Of Arizona the 10th day
of February. 1903.
ARTICLES OF INCORPORATION