Arizona republican., 1905-02-18

with the property Of this corporation
 or otherwise. or leading 10 OF fr,r, ,h.. principal works: to acquire. own ras,s.
 handle and control letters parens a.sI inventions. and shares Of capital sta-f- or oeher corporations; to borrow ssa- ney and execute notes. bonds moe gages or deeds of trust. to secure the
 same and to exercise in respect to au such bonds. mortgages. notes. shar-s
 or capital stock and other se-uririss and obligations any and all rights
 powers and privileges of indfvfdt,al owners thereof including the rieht to
 Vote upon any shares of stock held b,
 It, to the same extent that a natural
 person might or could do: to conduct general mercantile business In an its
 various branches. to conduct a general
 butcher business. a general blacksmith
 business and wheelwright business. a
 general hotel business. a general corral and livery business; to buy breed. raise
 and sell cattle, and any and all other
 varieties of livestock. to do a general
 farming and ranching business in an
 Its branches, and to do all things nee
 essary to the proper conduct of the
 aIIairs Of the corporation.
 Fifth; The authorized amount or
 capital stock Of this corporation shall be One Hundred and Fifty Thousand tS15O,OOO) Dollars, divided into five hundred C5OO) shares of preferred stock or the par value of One Hundred tsIo0A Dollars per share. and two thousand (2.OO0) shares of common stock Of ths. par value of Fifty (S50) Dollars per share.
 At such time as the board of direct ors may by resolution direct. said cap ital stock shall be paid into this cor i poration either in cash or by sale and
 transfer to t Of real or personal prop- erty, or services actually rendered foe the uses and purposes of said corpaT- ation, in payment for which. shares os
 the capital stock of said corporation
 may be issued. and the capital stocS i so issued shall thereupop and thereby become and be fully paid up and nea-
 assessable;
 Dividends on the common stock Of | this corporation shall be subject tn and conditioned upon. the payment of , interest at seven per cent per annuu and eight per cent dividends per an
 mum on the preferred stock issued by l this corporation. until the face value , of said preferred stock has been fully : paid. After which. said preferred stock shall be entitled, only. to seven per l cent dividends per annum: provided | tAAAo HAOhASAOu III AaN0E or the NFELEFTaal stock shall be in force until waived in writing by the holders of three-fourths
 O. the preferred stock outstanding Sixth: The time Of the commence ! lnent Of this corporation shall be the i day of the filing of a certified copy of these articles according 10 law. and the 1 termination thereof shall be twenty
 five years thereafter.
 l Seventh: The affairs of this corpor- atiOn 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 II. Pratt
 Dick Wick Hall. Charles B. Caldwell and William H. Stnwen Thereaftea. | the board of directors shall be elected from the stockholders on the first Moa- | day of March of each year The ofilz l cers of said corporation. until theiF | successors are elected. shall be Fre-lz
 erick R. Kenyon. President. Charles D. Pratt, vice. President. William H. Sfila well, Treasurer Dick Wick Hall. Ser=-
 retary. Charles B. Caldwell. Auditor.
 The board of directors shall have us
 power to adopt bylaws; and prescribe
 the duties of the officers Of the cog- poration, the calling and holding eg regular and special meetings of stock [ holders and directors. such rules and regulations as are deemed expedienE
 to the good management of the cuFas pany. and to fill all vacancies amanE the directors and officers of the coss- pany; and at any time by unanimoEss resolution. when deemed eNpelient. ta
 increase the number of directors af
 said corporation to seven: majOFtfs
 of the board of directors shall cOnstl=
 tute a quorum for the transaction af corporate business except where OtheEa
 wise expressly provided
 Eighth: The highest amount Of ina !. debtedness, or liability. direct Of con-
 tingent to which this corporation is a2
 any time subject shall not exceed !. Fifty Thousand CS50.oo0) Dollars Ninth: The private property of the stockholders of this corporation shall
 be exempt from all corporate debts
 In witness whereof. we have hereunto set our hands and seals this Huh day , of January. 1905.
 }. CHARLES H. PRATT. (Sean DICK WICK HALL. tSsan ei CHAS. B. CALDWELL. (SeaO WILLIAM H. STILWEL-L. (SeaD ? Territory of Arizona,
 ? County of MaricOpa. ss-
 l Before me. a notary public. on thh . day personally appeared Charles a- , Pratt. Dick Wick Hall, Oh4rtes A- ? Caldwell and William IT. Stilwc-- - known to me to be the persons who's r names are subscribed to the foregoing } instrument. and acknowledged to ms . that they and each of them executed | the same for the purpose and consider - ation therein expressed
 e Given under my hand and seal ea s office. this eleventh day of January. A r D. nineteen hundred and five J. M. JAMESON. 5; Notary Public