Arizona republican., 1905-01-28
ARTICLES OF INCORPORATION
Of TOntO Transportation Company

KNOW ALL MEN BY THESE PRESENTS. That we, Charles J. Cornell, Bailey J. Cornell and Herbert W. Briscoe all of Phoenix, Arizona, have this day voluntarily associated ourselves together for the purpose of organizing a corporation under the general incorporation laws of the ter ritory of Arizona, and to that end do make and adopt these articles of in- corporation.
 ARTICLE l. The names of the incorporators of this corporation are Charles J. Cor nell, Bailey J. Cornell and Herbert w Briscoe. The name of this corpora tion is and shall be Tonto Transporta- ton company and it's principal place of transacting business shall be at Phoenix, Maricopa county, Arizona.
 ARTICLE II. The general nature of the business proposed to be transacted by this cor pOratiOn is the carriage and transpor- tatiOn for hire, of passengers. baggage, mail, express and freight, by means of automobiles, stages and other ve- hicles, as well as by horses, boats or other means and the owning, leasing, hiring, selling or operating all means therefor; also the owning and carry ing on of stores, hotels. restaurants and resorts, and buying, selling. dealing in, handling and caring for real and per sOnal property. either for itself or as agents of others.
 ARTICLE III.
 The time of the commencement Of this corporation shall be Jan. 24 1905, and it's termination shall be twenty five C25) years thereafter.
 ARTICLE "
 The authorized capital stock of this corporation is ten thousand (S1O.OOO) dollars, composed of one hundred shares of the par value of one hundred ($i0O) dollars each, and the same shall be paid in cash. services or property as the same is subscribed.
 No stock shall be issued until fully paid for, and when issued shall be non assessable.
 ARTICLE v.
 The affairs of this corporation shall be conducted by a board of three di- rectors who shall be elected annually by the stockholders from among their number, on the first Tuesday in Jan uary of each year.
 The officers of this corporation shall be a president vice president and a secretary and treasurer, who shall be elected annually by the directors.
 Until the first annual meeting of the stockholders the incorporators hereof shall compose the board of directors.
 Stockholders may vote either in per son or by proxy at all stockholders meetings.
 ARTICLE VI.
 The highest amount of indebtedness or liability to which the corporation shah at any time subject itself is $6,5OO
 ARTICLE VII.
 The private property of stockholders shall he exempt from corporate debts of this corporation.
 In witness whereof we have here unto set our hands and seals this 24th day of January A. D., 1905.
 CHARLES J. CORNELL, (SeaD
 BAILEY J. CORNELL, CSeaD
 HERBERT w. BRISCOE. (SeaD Territory of Arizona,
 County of MaricOpa, ss
 Before me, R. c. Stanford, a notary public in and for the county of Mar icopa, Territory of Arizona, on this day personally appeared Charles J. Cor nell. Bailey J. Cornell and Herbert w. Briscoe. known to me to be the per sons whose names are subscribed to the foregoing instrument, and aclInow- ledged to me that they executed the same for the. purposes and considera- ton therein expressed.
 Givn under my hand and seal of of fee this 24th day of January, A. D.. 1905.
 R. c. STANFORD,
 Notary Public. My. commission expires Dec. 2S, 1908. Filed and recorded in the office of the county recorder of Maricopa Couu-