Arizona republican., 1905-02-16

with the property OF this corporation
or otherwise, or leading 90 or from thz
principal works: TO acquire own Ieass
handle and control letters patent ana
inventions. and shares OF capital stnek
Of other corporations. 10 borrow mo-
ney and execute notes. bonds mort
cages or deeds OF trust. 10 secure th-
same. and 70 exercise IN respect 70 al
Such bonds, mortgages. notes. shares
Of capital stock and other securities
and obligations any and all riehtz
powers and privileges OF individual
owners thereof including The right O.
vote upon any shares OF stock held ~
It, to the same extent that a natural
person might or could dc: 10 condueE
a general mercantile business In all ia
various branches, 10 conduct q geneEzt
butcher business, a general blackslaiga
business and wheelwright businesz 9
general hotel business. a general corral
and livery business; To buy breed. RAISE
ana sell cattle. and any and an other
varieties of livestock. 10 do a general
farming and ranching business in al
its branches, and 10 do al things nee
essary TO the proper conduct 81 the
affairs of the corporation
Fifth: The authorized amount 90
capital stock of this corporation shall
be One Hundred and Fifty Thousand
($150.000) Dollars. divided into Eve
hundred (500) shares Of preferred stock
of the par value Of one Hundred lSInal
Dollars per share. and two thousand
(2,000) shares of common stock of thl-
par value OF Fifty $50 Dollars per
share
At such time as the board OF dIrecg-
ors may by resolution direct. said cap
ital stock shall be paid into this COR
poration either in cash or by sale and
transfer 10 Il OF real or personal prop
erty, or services actually rendered for
{ the uses and purposes OF said corpor-
alton, in payment for which. shares q
the capital stock Of said corporation
; may be issued. and the capital stock
| so issued shall thereupon and thereby
? become and be fully paid up and non
assessable;
| Dividends on the common stock %
: this corporation shall be subject u.
and conditioned upon. the payment Of
( interest at seven per cent per annum
and eight per cent dividends per an
I mum on the preferred stock issued ~
, this corporation. until the face value
, of said preferred stock has been fully
! paid. After which. said preferred stock
! shall be entitled. only. 10 seven per
| cent dividends per annum- provided
! this provision in favor Of the preferred
! stock shall be in force until waived ia
v-~iting by the holders Of three fourths
@. The preferred stock outstanding
Sixth: The time OF the commence
lnent Of this corporation shall be- rhe
day Of the filing OF a certified copy ~
these articles according 10 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 Han. Charles b Caldwell
| and William H. Stilweu. Thereafs-r.
| the board OF directors shah be elected
! from the stockholders on the FIRST Mon
! day of March Of each year The ON
/ GERS OF said corporation. until their
successors are elected. shall be Fred
/ erick r. Kenyon. President. Charles IA
! Pratt. vice President. William H. still
| we'll Treasurer. Dick Wick Han Sec
rotary. Charles b Caldwell. Auditor
The board of directors shall have the
power 10 adopt bylaws; and prescrios-
! the duties Of the officers Of the cor
poration. the calling and holding ~
regular and special meetings Of stock
holders and directors. such rules and
regulations as are deemed expedlent
! to the good management of the COM
pany. and TO fiji all vacancies among
| the directors and officers % the COM
| pany; and at any time by unanimous
/ resolution. when deemed eNpedieur. o.
increase the number Of directors az
said corporation 10 seven "a majority
| of the board OF directors shall eonsti-
tute a quorum for the transaction Of
! aarH
wise expressly provided
Eighth; The highest amount II inc
debtedness or liability, direct az cone
tingent TO which this corporation ls a.
any time subject shall not exceed
F, Fifty Thousand (S50.0o Dollars
Ninth: The private property ~ thE
/ stockholders of this corporation sl--4
be exempt from al corporate debts
| In witness whereof. we have hereuutu
set our hands and seals this 1lth dag
of January. 1905
i CHARLES H. PRATT. tSean
DICK WICK HALL. tSealt
i CHAS. b. CALDWELL tSealf
i WILLIAM H. STUWELL- lSeaD
i Territory Of Arizona.
County of Maricopa- -
|. Before me- a notary public. ou this
day personally appeared Charles IL
Pratt Dick Wick Han, Charles r.
Caldwell and Winfom H Stiiwell
known 10 me 10 be the persons who's
r names are subscribed 70 the foresotns
, instrument. and acknowledged to me
. that they and each of them executed
the same for the purpose and consider
alton therein expressed
, Given under my hand and seal g
| Office. this eleventh day OF January A.
? d. nineteen hundred and five
J II JAMESON.
Notary Public