Arizona republican., 1905-02-17

or otherwise, or leading to or from th.
 principal works; to acquire. own lease handle and control letters patent and i inventions, and shares Of capital stock
 or other corporations; to borrow mo ! hey and execute notes. bonds. mort gages or deeds of trust to secure th.. same. and to exercise in respect 10 aI . such bonds, mortgages. notes. shares | or capital stock and other securities and obligations any and all rights 1 powers and privileges of individual owners thereof including the right Co i vote upon any shares of stock held b,r l 1t. to the same extent that a natural person might or could Go; 10 conduct a general mercantile business in all it's ! various branches. to conduct a general ! butcher business. a general blacksmith i business and wheelwright business. a general hotel business. a general corral
 and livery business; to buy. breed. rais. l and sell cattle, and any and all other 1 varieties of livestock. to do a general | farming and ranching business In all l its branches, and to do all things nec-
 essary to the proper conduct Of the
 affairs of the corporation
 | Fifth: The authorized amount or ! capital stock of this corporation shall , be One Hundred and Fifty Thousand ' (S150,O00) Dollars. divided into i've q 4AA+-NA SA AaNNf 14AaAtS NA prefer aU-A , of the par value of One Hundred tSIoo1 i Dollars per share. and two thousand | C2,OOO) shares of common stock of the [ par value of Fifty (S50) Dollars per 1 share.
 At such time as the board Of direct ! ors may by resolution direct said cap | ital stock shall be paid into this cor | pOratiOn either in cash or by sale and 7 transfer to it of real or personal prop , erty, or services actually rendered. for 1 the uses and purposes Of said corpor- ! ation, in payment for which shares oE ! the capital stock of said corporation may be issued. and the capital stock
 so issued shall thereupon and thereby 1 become and be fully paid up and non assessable;
 i Dividends on the common stock of { this corporation shall be subject to.
 and conditioned upon. the payment of interest at seven per cent per annum and eight per cent dividends per an mum on the preferred stock issued by this corporation. until the face value i of said preferred stock has been fully paid. After which. said preferred stock l shall be entitled. only, to seven per cent dividends per anuum. provided
 this provision in favor of the preferred
 stock shall be in force until waived ina writing by the holders of three-fourths e. the preferred stock outstanding
 Sixth: The time Of the commence
 lnent of this corporation shall be the day of the filing of a certified copy os
 these articles according to law. and the
 termination thereof shall be twenty five years thereafter.
 Seventh: The affairs of this corpor-
 alton shall be conducted by a board of five directors and the following named
 shall constitute the board of directors until their successors. duly elected and qualified. shall take their place. Frederick R. Kenyon. Charles H. Pratt. Dick Wick Hall. Charles B. Caldwell
 and William H. StilweI- ThereafteF.
 the board of directors shall be elected
 from the stockholders on the first Mon day. of March of each year The of1-
 cers of said corporation. until their 1 successors are elected. shah be Fred
 erick R. Kenyon, President. Charles H.
 Pratt, vice President. William H. Srll-
 well, Treasurer, Dick Wick Hall Sec retary, Charles B. Caldwell. Auditor
 The board of directors shall have the power to adopt bylaws; and prescTihs.
 the duties of the officers of the cor poratiOn, the calling and holding ot regular and special meetings of stock holders and directors. such rules and
 regulations as are deemed expedienE to the good management of the com pany, and to i'll all vacancies among the directors and officers of the com
 pany; and at any time by unanimous resolution, when deemed eNpedieut. ta increase the number of directors of said corporation tor seven a majority
 1 of the board of directors shall cousfl- tute a quorum for the transaction of corporate business except where other
 wise expressly provided.
 Q F-igNrh- The hiuhaEr amount uE lU- debtedness. or liability. direct or con tingent to which this corporation is at l any time subject shall not exceed : | Fifty Thousand tS50.0O0) Dollars II Ninth: The private property of the } stockholders of this corporation shall be exempt from all corporate debts Tn witness whereof. we have hereunro f set our hands and seals this 1lth day ? of January. 1SO5-
 ? CHARLES H. PRATT. tSeall
 DICK WICK HALL, tSe2h 9 CHAS. B. CALDWELL. tSeaD 7 WILLIAM Ii. STILWELL. tScaD g Territory of Arizona
 p County of MariCOpa- ss-
 ! Before me. a notary public. on this - day personally appeared Charles IT, D Pratt. Dick Wick Hall Charles tt e Caldwell and William H. Stiiwel - known to me to be the persons whos= y names are subscribed to the foregoils 0 instrument. and acknowledged to ue }, that they and each of them executed d the same for the purpose and consider . ation therein expressed
 c Given under my hand and seal o- s office, this eleventh day Of January, a. r D. nineteen hundred and five . J. NJ. JAMESON. 5, Notary Public n My commission aypires Sent l- lsus.