Arizona republican., 1905-11-07

KNOW ALL MEN BY THESE PRES
ENTS: That We. whose names are here
unto affixed, hereby associate ourselves
together for the purpose of forming a
corporation under the laws of the terri
tory of Arizona and adopt the following
as articles of incorporation of such cor
poration
The names of the incorporators are d.
A. Donofrio and II. L. Burrier, and the
frio Crystalized Cactus Canoy Compa-
action of business shall be Phoenix,
poration may have such branch offices,
either within or outside of Arizona, as
the business of the company may de-
mand and as may be established by the
board of directors.
ARTICLE II
The objects and purposes for which 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, but
the said corporation shall have the right
to enter into, make and carry out con-
tracts of every description; to purchase
or otherwise acquire and to own, hold,
sell or otherwise dispose of any and all
manufacture and sell any and all kinds
of candies and confectioneries; to borrow
money and execute notes, bonds, mort
cages or deeds of trust to secure the
same; to own shares of the capital stock
of other corporations and while the hold
er thereof to exercise all the privileges
in respect thereto as 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
ARTICLE III.
The authorized amount of capital stock
snail be nifty thousand dollars lS50.0OO0),
divided into five thousand 5000 shares
of the par value of ten dollars $1,000
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
the board of directors. and any stock
issued by direction of the board of direc-
tors in exchange for cash, services, prop
full-paid and worcestershire, and the
Judgment of the directors in. all such
cases shall be final and conclusive; pro-
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. ID. 1905, and the termination
thereof shall be the 4th day of October,
A. d. 1880.
ARTICLE W
The affairs of this corporation shall be
conducted by a board of directors con-
SlSting 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 shall
serve as the board of directors until the
first annual meeting of the stockholders,
which shall be held on the first Tuesday
after the first Monday in March, com
nFwadr h.. H.
however. that the said board may in
crease their number to not exceeding five
at any time prior to the time of the said
annual stockholders meeting by the Sc
lection of two other stockholders, viz:
ID: A. Donofrio President and treasurer),
w h Teasley (vice-presidenD, and H.
L. Burrier secretary.
And the board of directors shall have
the right to adopt bylaws for the gov
rectors and affairs; to fill vacancies oc-
curing in the board by death. resigna-
ton or otherwise and to appoint an ex-
ecutive committee with such powers as
ARTICLE VI
The highest amount of Indebtedness or
any time subject itself shall not exceed
ten thousand dollars 100000, except
by the affirmative vote in regular or spe-
outstanding capital stock of the compa-
ny, and in no event shall the indebt-
edness exceed thirty thousand $3.50, 100000
ARTICLE VII.
The private property of the stockhold-
erS of this corporation shall be and here
by is made forever exempt from corpor-
ate debts of any kind whatsoever.
IN WITNESS WHEREOF, We have
hereunto affixed our signatures and seals,
this 5th day of October. A. d. 1905.
d. A. DONOFRIO. (SeaD
II. L. BURRIER. (SeaD
Territory of Arizona
County of Maricopa,-ss
Before me. William H. Teasley, not
airy public in and for the territory and
county aforesaid. on this day personally
appeared ID. A. Donofrio and II. L. Bur-
rier. personally known to me to be the
same persons whose names are sub
scribed to the foregoing instrument, and
they acknowledged to me that they exc
cuted the same for the purpose and con-
sideration therein expressed.
Given under my hand and seal of office,
this 5th day of October, A. D. 1905
WILLIAM II. TEASLEY.
(SeaD Notary Public.
1907 "
Filed according to law, Oct 5, 1906
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