The Arizona sentinel., 1906-02-14

lie: to manufacture, hold, store and sell man. ufactured ice: to purchase and construct ma- chinery and mechanical structures for the purpose of generating electrical power, and to sell or lease power so furnished by electri- cal machinery; to manufacture. sell and lease artificial light generated by electricity; to manufacture, purchase or sell gas, and to build, operate, hold and sell electric light and power plants, and purchase, hold and sell patents, patent rights, and licenses thereto appertaining; to manufacture, buy and sell all kinds of merchandise; to borrow money; to issue and sell it's bonds secured by mortgage or trust deed on any or all of it's corporate property; to purchase, acquire; own, preempt, and sell it's own stock and bonds and the stock and bonds of other private or public corporations, and to do and perform all things necessary to transact the affairs and business of the corporation, within and with out the Territory of Arizona, requisite and proper for the purpose of carrying on any or all of the business herein specified.
 ARTICLE 3. The amount of capital stock of said corporation shall be one million dollars, to be divided into 100000 shares 1.-the par value of Sl 60 each. Six hundred thousand shares shall be common stock and four hundred thousand shares shall be pre- ferred stock. The preferred stock shall be entitled to cumulative dividends at the rate of six per cent per anuum, payable semi annually ont of the earnings of the corpora ton; before any dividend is paid upon the common stock. Such preferred stock shall not entitle the holder thereof to any voice in the management of the corporation, nor to vote therein at any meeting of the corpora tion. Such preferred stock may be retired by the corporation at any time by the payment of the holders of the same the par value thereof with accumulated dividends. Which capital stock of Sl ,00O,O06 when issued shall be paid in, either cash or by the sale and transfer to it of real or personal property for the uses and purposes of said corporation, in payment for which shares of the capital stock may be issued, and the capital stock soissued shall thereupon and thereby become and be fully paid up and non-assessabe and the judg- ment of the Board of Directors as to the value of the property purchased by the corporation shall be conclusive.
 ARTICLE i, The time of the commencement of this corporation shall be the date of filing of these Articles of Incorporation according to law, and the termination thereof shall be twenty-five years thereafter, unless the same be renewed pursuant to the laws of Arizona before termination thereof.
 ARTICLE ,. The affairs of this corporation shall be conducted by Board of five Direct ors and the following-named shall constitute such Board and the officers of the corpora ton uutil their successors are elected and qualified: Wm. H. Fuller, President and Di- rector; J. NJ. Mcleod, Vice-President and Di- rector; Paul Winton, Secretary and Director; c. T. Torrey, Director; and G. H. Payne, Di- rector. Thereafter the Board of Directors shall be elected from among the stockholders at their annual meeting. The first annual meeting of this corporation shall be held on the first Tuesday in February, 1907, and there after on the first Tuesday in February each year. A majority of the Board of Directors shall be a quorum, and any meeting of the Board at which a quorum is present shall be deemed regular meeting and have the same authority as full Board, whether notice of the meeting shall have been first given to the absent members of the Board or not.
 ARTICLE 6. The officers of this corporation shall be President, Vice President, Secretary and such other officers as the Board of Di- rectors may deem necessary and shall create and appoint from time to time for the proper transaction of the business Of this corporation. ARTICLE :. The President Vice-President, | Secretary and directors of this corporation | shall hold office for the term of one year from their election, and until their successors arc duly elected, unless Director shall cease to be a stockholder, in such case, his office shall be declared vacant, and such vacancy filled by the remaining members of the Board, and said Board of Directors shall have power to | fill any vacancy in the Board of Directors o1 | said corporation.
 | ARTICLES The. highest amount of indebt edness or liability to which this corporation shall at any time subject itself shall be Five Hundred Thousand Dollars.
 ARTICLE g. The private property or the stockholders of this corporation shall be eX empt from all corporate debts and liabiitie: l of every kind, and the stockholders of this corporation are hereby exempted from all lia | bility and debts of the corporation.
 l ARTICLE 10. The capital stock of this cor poration shall be non-assessable, ,and each cer | tificate thereof shall state upon it's face th' number of shares represented thereby, and that the same is fully paid and non-assessable
 ARTICLE II. The Board of Directors shall have power to borrow money for any purpose for the corporation; and power to exc cute corporate notes or coupon bonds of thu corporation therefor and to secure the pay ment of it's notes or coupon bonds by mort gage ar trust deed upou the property of tn corporation, or in any other manner desig mated by law or by the bylaws of the corpo | ra atton.
 ARTICLE l2 The Board of Directors of tn corporation shall have the power to pass by laws, and to make amendments thereto. ant the said corporation shall have power to in crease or diminish it's capital stock by a ma jority vote of it's stockholders represented at any regular stockholders meeting, O at any special meeting of the stock by publishing the same in the manne as is provided by law for the recording ant publishing of these Articles of Incorporation
 In witness whereof, we have hereunto SC our hands and seals this 29th day of January l A. D. 1906.
 Vim. H. Fuller,
 J. NJ, Mcleod,
 Paul Winton. State of California, lss
 County of Los Angeles, ~
 Before me, Ada B. Coleman, Notary Put lie in and for the County of Los Angeles State of California, on this day, personally ar peared Wm. H. Fuller J. NJ. Mcleod am Paul Winton, all of the County of Los Angel es, State of California, known to me to b the persons whose names are subscribed t the foregoing instrument, and acknowledge to me that they executed the same for tn nurnoca ond consideration therein exprnSSod