Arizona silver belt. [volume] (Globe City, Pinal County, Ariz.) 1878-19??, 1906-05-17
ARTICLES OF INCORPORATION
OF THE
Globe Hardware Company.

hNOW ALL MEN Df lhESE TRES
ENTs, Tha. we N. S. Berray, George
w. p. Hunt, r. B. Hegardt and Jacob
Suter, of Globe, Arizona, whose names
are hereto subscribed, have associated,
and do hereby associate, ourselves to-
gether for the purpose of becoming
Incorporated and organized and form
ing corporation under the general
incorporation laws of the Territory of
Arizona, and to that end do hereby
make, adopt, sign, execute and ac-
knowledge these Articles of Incorpora-
/ ton, to-wit:
ARTICLE /.
The names of the incorporators of
this corporation are: N. S. Berray,
George w. P. Hunt, r. B. Hegardt
and Jacob Suter.
The name of this corporation is
"Globe Hardware Company.
Its principal place of transacting
business shall be Globe, ella County,
Arizona.
ARTICLE ii.
The general nature of the business
proposed to be transacted by this cor
poratiop is that of buying, selling and
dealing in hardware, vehicles, tools and
implements, machinery and general
merchandise; general manufacturing
business; the leasing, buying or other
wise acquiring of any or all means
necessary for the transportation of
goods, wares, merchandise and passen-
gers, and the operation of same; to
build. buy, sell, lease and otherwise
acquire, equip, develop and operate
water and water power and privileges;
water, light and power plants. mines
and mining property, and to carry out
contracts for the building, equipment,
or operation of such plants; to buy,
sell and deal in all kinds of real and
personal property; to buy, or otherwise
acquire, the capital stock of this cor
poration or other corporations, and to
own, hold. vote, control and dispose of
such stock; and to do all things essen
tial or incident to the various lines of
business herein specified, and at such
place or places as may suit the conven-
fence of the corporation.
ARTICLE III.
The total authorized capital stock of
this corporation shall be Fifty Thous-
and Dollars $3.50, 000.0O), divided into
Five Hundred 5000 Shares of the par
value of One Hundred Dollars ($10O
each.
The stock may be issued in exchange
for cash, services, or property upon
such conditions as may be determined
by the Board of Directors, who shall
have full discretion to fix the value of
property, or services, in exchange for
which stock may be issued, and may
sell stock for cash at such price or
prices as they may from time to time
determine, but not at less than par.
All stock shall be issued fully paid
and non -assessable, and stockholders
shall be entitled to cast one vote for
each share of subscribed stock issued
to and standing in their names on the
books of the corporation at stockhold-
ers' meetings, and such votes may be
cast in person or by proxy, provided
the proxy shall be a stakeholder.
ARTICLE w.
The time of the commencement of
this corporation shall be the date of
the filing of these Articles in the Office
of the County Recorder of ella county,
Arizona, and certified copy in the
office of the Auditor of the Territory
of Arizona, and it shall terminate
twenty-five (25) years thereafter, un.
less it be renewed in the manner pro-
vided by law.
ARTICLE V.
The affairs of this corporation are te
be conducted by a board of five (5)
directors who shall be elected annually
by the stockholders and shall serve un-
til their successors are elected anc
qualified.
The first annual meeting of such
stockholders shall be held as soon as
these articles of incorporation are filed
and recorded, and thereafter annual
meetings shall be held on the first
Wednesday in February of each year.
The Board of Directors shall have
full power to establish bylaws and
alter and amend the same, and make
all rules and regulations deemed ex-
pedient for the management of the
affairs of the corporation.
ARTICLE vi.