Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1903-03-08

kinds of personal property, mines, min
ing claims. oil lands, mineral lands, oil,
gas. asphaltum.. petroleum, asbestos,
salt water and water rights and ma
chinery, and to work, mine, explore
operate and develop the same: to do
general real estate. manufacturing and
mercantile business; own. handle and
control letters patent and inventions
and shares of capital stock of other
corpora tons: to borrow money and exc
cute notes. bonds, mortgages, or deeds
OF trust to secure the same. and to en-
ercise in respect of all such bonds.
mortgages, notes, shares of capital
stock and other securities and obllga-
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 Il natural person might or
could do: and in general to do all things
necessary to the proper cor1Lct Of the
business of this corporation in the ter
ritory and elsewhere. not inconsistent
with the laws of the United States AMI
the Territory of Arizona.
Third: The authorized amount of
he five million dollars (s5. 600, 600 0O) di-
vided into 100000 shares of the par
value of one dollar (s1.O0) dollars
(s1.00) each. AT such time as the boar !
Of directors may by resolution t.irect,
said capital stock shall be paid into
this corpora ton either in cash or by
the sale and transfer to it of real and
personal property for the uses md rur-
poses Of said corporation, in paynlen:
for which shares of the capital stock
of this corporation may be issued, and
the capital stock so issued shall there
upon and thereby become and be fully
paid up and mona ssessable. and III the
absence Of actual fraud in the trarsac-
ton the Judgment of the directors as
to the value of the property purcna sci
shall be conclusive.
Fourth: The time of the commence
ment of this corporation shall be the
date of the filing of these articles OF
incorporation in the office of the sec
rotary of Arizona. and the termiEa ton
thereof shall be twenty-five years
thereafter.
Fifth: TIE affairs of this corpora
ton shall be conducted by a board of
five directors. and the following named
shall constitute the board of directors
until their Successors are elected: Will
liam c. Wright. Leavenworth X. Davis.
NJ. II. Burt. Arthur P. Cutter and Louis
Grollman. Thereafter the board of di-
rectors shall be elected from among the
stockholders as the bylaws of the cor
poration may provide. The officers OF
said corporation until their successors
are elected shall be: Leavenworth X.
Davis. president; William c. Wright,
vice-p presidents IT. H. Burt. secretary
and treasurer
Sixth: The highest amount Of in
debtedness or liability. direct or con-
tingent to which this corporation is at
any time subject shall be two million
five hundred thousand dollars (S2,5o0
00o.G0). which amount does not exceed
two thirds of the amount of the capital
stock.
Seventh: The private property of the
stockholders of this corporation shall be
exempt from corporate debts of any
kind whatsoever.
In witness whereof. we have here
unto set our hands and seals this 31st
day of January. 1903
WILLIAM G. WRIGHT, (Seal.)
LEANENWORTH X. DAVIS. (Seal)
ARTHUR p. CUTTER, (SeaL)
State of Illinois.
County of Cook. SIS.
On this 31st day OF January. in the
year 1903. before me. Louis Grollman
a notary public in and for the state
and county aforesaid. residing therein
duly commissioned and sworn, person
ally appeared William c. Wright
Leavenworth X. Davis and Arthur P
Cutter. known to me to be the persons
described in. whose names are SUP
scribed to. and who executed the an
neXed instrument. and they acknowi-
edged to me that they executed the
same for the purposes and considera-
tions therein expressed.
In witness whereof, I have nereuntc
set my hand and affixed my officia
seal. at my office in the said state ano
county, the day and year last above
written.
CNctarial Seal) LOUIS GROLLMAN
Notary Public.
My commission expires January 2Sth
| 1907.
Territory of Arizona,
County of MaIicopa, IS.
J. B. F. McFall. county recorder Il
and for the county and territory afore-
said, hereby certify that 1 have corr
pared the foregoing copy with the or
| iginal articles of incorporation o
MERCHANTS AND MANUFACTUR-
Frs COAL COMPANY. flied and re
corded in my office on the 5th day o
February. 1903. in Book No. 10 of In
| corporations. at page -, and that thu
same is q full. true and correct copy
OF such original, and of the whoi'
| thereof.
| Witness my hand and seal Of office
this 5th day of February, 1903.
lRecorder's Seal) B. F. MCCALL.
County Recorder
| BY A. S. ARTHUR, Deputy.
Filed and recorded in the Office of tn
Secretary of the Territory of Arlzoni
this 9Th day OF February. a. D., 1902
! at p. m.
ISAAC T. STODDARD,
Secretary of Arizona.
First pub March 3, 1903.