Arizona republican., 1905-11-10

Qy company
 KNOW ALL MEN BY THESE PRES- ENTS: That we, whose names are hsre- together for the purpose of forming a corporation under the laws or the terrl- tory of Arizona and adopt the 1oiioWlng as articles of incorporation or such CUT
 ARTICLE l.
 The names of the incorporators are ID. A. Donofrio and H. l.. Burrier, and the name of the corporation shall be Dono- frio Crystalized Cactus Canoy Compa- ny" The principal place Tor the ebneniS traI Maricopa county Arizona, but the cor poration may have such branch oInces. either within or outside anA OF Arinuna maX des s mand and as may be established oy the board of directors.
 ARTICLE IT.
 The objects and purposes for which the said corporation is formed are Tor the manufacture and sale of Donofrio's Crys- talized Cactus Candy, the construction and operation of factories, warehouses, and all the machinery and appliances incidental and appurtenant thereto, put the said corporation snail nave the rlsiiI @ to enter into, make and carry out con tracts of every descriptions to purchaSS or otherwise acquire and to own, nold, sell or otherwise dispose of any and all kinds of real and personal property; 10 manufacture and sell any and all Kinds of candies and confect!oner15S; to borrow money and execute notes, bonds, mort gages or deeds of trust to secure the | same; to own shares of the capital stock of other corporations and while the hold | CT thereof to exercise all the privileges | in respect thereto private individuals may enjoy, including the right to vote | the said stock; and in furtherance and not in limitation of any of the above enumerated powers, the said corporation shall have the right to do any and all things necessary, incidental. appurtenant | or advantageous to the manufacture and sale of any and all classes of candy and confectioreries.
 ARTICLE III. | The authorized amount of capital stock shall be fifty thousand dollars (S50, O00G0), | divided into five thousand (5,0O0 shares of the par value of ten dollars G1O.0O | each. The said capital stock shall be paid in as soon as may be after the in- | corporation of this company in cash, ser vices, real or personal property, patent | rights secret formulas or otherwise, as may be deemed most advantageous by l the board of directors, and any stock | issued by direction of the board of direc- | tors in exchange for cash, services, prop
 erty or otherwise shall be and become | full-paid and non-assessable, and the | judgment of the directors in. all such | cases shall be final and conclusive; pro- 1 vided, however. that the capital stock
 of this corporation shall not be increased
 at any time except by the affirmative
 ital stock of the company at that time
 issued and outstanding.
 ARTICLE ".
 | The time of the commencement of this | corporation shall be the 5th day of Oc- | tober A. D. 1905. and the termination thereof shall be the 4th day of October ARTICLE "
 | The affairs of this corporation shall be | conducted by a board of directors con
 sisting of at least three stockholders but
 not more than seven, the number to be specified by the bylaws of the compa.
 ny. The following named persons shal
 serve as the board of directors until tho
 first annual meeting of the stockholders
 which shall be held on the first Tuesday l tha in ATora
 mencing with the year 1906; provided
 however. that the said board may in
 crease their number to not exceeding five
 at any time prior to the time of the sait annual stockholders meeting by the SC lection of two other stockholders, viz
 D. A. Donofrio Cpresident and treasurer) W. H. Teasley (vice-president), and H
 l.. Burrier (secretary).
 And the board of directors shall hay,
 the right to adopt bylaws for the gov ernment of the company. its officers, di rectorS and affairs: to fill vacancies oc curing in the board by death, resigna ton otherwise, and to appoint an ex ecutive committee with such powers a they may confer.
 ARTICLE VI. The highest amount of indebtedness O . liability to which this corporation may a l any time subject itself shall not excee l ten thousand dollars s1OOcO.oo, excep by the affirmative vote in regular or Spe l cial meeting of at least two-thirds of tn r outstanding capital stock of the compa n.y. and d in no event shall dhe esqn 1nSe6f Nae o5
 
 dollars.
 = ARTICLE VII. The private property of the stockhold CTS of this corporation shall be and here by is made forever exempt from corpoI e ate debts of any kind whatsoever. @ IN WITNESS WHEREOF, We hay y hereunto affixed our signatures and seal! r this 5th day of October. A. D. 1905. r D. A. DONOFRIO. tSea = H. l.. BURRIER. (Sea : Territory of Arizona,
 o County of Maricopa,-ss.
 l. Before me, William H. Teasley, a no e ary public in and for the territory an e county aforesaid. on this day personal e appeared D. A. Donofrio and H. l.. Btu r rier, personally known to me to be tt e same persons whose names are sul
 scribed to the foregoing instrument, ar n they acknowledged to me that they ex' 1t cuted the same for the purpose and col .- sideration therein expressed. d Given under my hand and seal of offic tt this 9th day of October A. D. 1905.
 WILLIAM H. TEASLEY, l. (SeaD Notary Public. n My commission expires December II 1907.
 l. Filed according to law, Oct. 5. 1905