Arizona republican., 1903-04-11

or services as the board of directors
may think proper.
| 60 To pay out of the funds of the
company all expenses of or incident to
| the formation, registration and adyer-
| tisement of the company and the issue
| of its capital stock, Including brokerag.
and the remuneration of any person.
| firm or corporation for services rem
dered in placing. assisting to place, or
guaranteeing the placing of any of the
shares of the capital stock, notes. de-
bentures or other securities of the
company, or in or about the promotion
OF the company and the conduct of its
business.
ID TO issue preference shares, notes,
bonds, mortgages and other evidences
OF indebtedness and secure payment OF
same by bond, mortgage. deed of trust.
or other instruments of like nature
upon the property of the company. and
to buy, sell or otherwise deal in notes.
bonds and stocks of other corporations
ID To do all such things as seem
necessary or proper to carry out the
objects of this corporation and which
are calculated, directly or indirectly, to
further the workings and development
OF any concessions, rights or properties
OF the company, or otherwise to benefit
the company.
Fifth: That the authorized amount
| of capital stock of this corporation shall
be Three Million Dollars ($3, 900 000)
| divided into three million $4,000 000)
| shares of the par value of One Dollar
| (SD each. which capital stock shall, Mt
such time as the board of directors may
| decide upon, be paid into this corpora
| tion either in cash or by the sale and
| transfer to it of real or personal prop
erty for the uses and purposes of said
corporation, and shares of the capital
stock shall be issued therefor, and the
| capital stock so issued shall thereupon
| and thereby become and be fully paid
and worcestershire; and in the absence
of actual fraud in the transaction, the
| Judgment of the directors as to the
value of the property purchased shall
be conclusive.
Sixth: That of said three million
(3,O00,OOO) shares of capital stock one
million Q,00O, O0O) shall be placed in the
treasury of said company.
Seventh. That the highest amount OF
Indebtedness or liability, direct or con-
tingent, to which this corporation is at
any time subject shall be One Million
Dollars ($1,0OO000).
Eighth: That the private property of
the stockholders of this corporation
| shall be exempt from corporate debts
of any kind whatsoever.
| Ninth: That the affairs of this cor
poration shall be conducted by board
Of seven Cd directors and the following
| named persons shall constitute the
board of directors until the first annual
meeting of the stockholders of said
corporation:
Geo. w. Friedrich, Kokomo. Ind:
John E. Friedrich, Kokomo. Ind:
Harry Ward, Kokomo, Ind;
Lewis N. Cook, Marion. Ind;
T. K. Clark, Boise, Idaho;
| Thomas Harris, Kokomo, Ind;
| w. S. Ellis. Anderson. Ind;
and that at such meeting and each an
nual meeting thereafter the members
of said board shall be elected from
among the stockholders as the bylaws
of the corporation may provide.
Tenth: That 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 Seq
rotary of Arizona, and the terminatio,
| thereof shall be twenty-five (25) years
thereafter.
IN WITNESS WHEREOF. we have
hereunto set our hands and seals this
- day of --, 1903.
| GEORGE w. FRIEDRICH. (SeaD
| j. E. FRIEDRICH. (SeaD
| LEWIS N COOK (SeaD
| State of Indiana
County of Howard, 50.
| On this 21st day of February. in the
year 1903, before me, a Notary Public
in and for the state and county afore-
said, residing therein, duly commits
stoned and sworn. personally appeared
]. E. Friedrich and G. w. Friedrich.
| known to me to be the persons de-
scribed in, whose hands 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
| expressed.
In Witness Whereof I have hereunto
set my hand and affixed my official
| seal, at my Office in the said state and
county. the day and year last above
written.
(SeaD
SHILOH S. SHAMBAUGH.
Notary Public.
| My commission expires July 18th, 1905.
State of Indiana,
County of Grant, SIS.
On this 18th day of February, in the
year 1908. before me, T. E. Gwin.
Notary Public in and for the state AMI
county aforesaid. residing therein, duly
commissioned and sworn. personally
appeared Lewis N. Cook. known to me
| to be the person described in, whose
hand is subscribed to, and who executed
| the annexed instrument, and he ac-
| knowledged to me that he executed the
same for the purposes and considera-
| tions therein expressed.
In Witness Whereof I have hereunto
set my hand and affixed my official seal.
at my office in the said state and
| county, the day and year last above
written.
! (SeaD T. E. GWIN,
| Notary Public.
|