Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1903-04-11

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-
| tons 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
THIRD. The authorized amount of
capital stock of this corporation shall
be one hundred thousand dollars
| (s10O, 000) divided into one hundred
| thousand shares Of the par value of
one hundred dollars (s100) 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 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 81 issued
shall thereupon and thereby be-
come and be fully paid up and nom
assessable, and in the absence of actual
| fraud in the transa elton, 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 termina-
ton shall be twenty-five years there
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. Collier.
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 in
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
(sS6. 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. 1909.
WILLIAM S. WRIGHT (SeaD
WALLACE E. COLLIER (SeaD
BRUCE WILSON (SeaD
State of Ohio.
Lucas county, SIS.
On this 14th day of February. in the
year 1903, before me, Harry Levison,
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 1 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.
| I, B. F. McFall, County Recorder In
and for the county and territory afore-
said, hereby certify that 1 have COM
pared the foregoing copy with the orig
| inal Articles of Incorporat ton of THE
TOLEDO PLOW COMPANY, filed and
recorded in my office on the 21st day of
repi uaiS' i'oo, III DUN NJ. II VI III
corporations at page. and that the
same is a full. true and correct COPY
of such original and of the whole
thereof.
Witness my hand and seal of office,
this 21st day of February, 1908.
B. F. MCCALL. 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 21st day of February, A. D. 1908,
at p. m.
| ISAAC T. STODDARD,
| Secretary of Arizona.
| First pub. April 6. 1903.