Arizona republican., 1906-01-27
ARTICLES OF INCORPORATION OF CONDON CONSTRUCTION
 COMPANY.

CoNDON CONSTRUCTIONS
 COMPANY.
 Know All Men By These Presents. That we the undersigned hereby associate ourselves together for the purpose of forming a corporation under the laws of end to declare:
 shall be Condon Construction Company.
 The principal office of the company in Arizona shall be at Phoenix. at which place the meeting of incorporators shall be held for the purpose of receiving char ter, adopting bylaws. and the doing of all such other things as may be neces- sary or desirable in connection with the organization of this corporation. The corporation may have such other offices. principal or branch, either within or without the Territory of Arizona, as may be established by the board Of directors, at which meetings of the stockholders and board of directors may be held. At all meetings incOrpOrators or stockhold- CTS may vote either in person or by proxy in writing.
 Second: The general nature of the business of this corpoi ation is as follows, to-wit
 The purchase. construction and opera ton or gas, water, electric Hs ht ana drainage and irrigation systems, and the construction and acquisition of all land. buildings ana mach1nery ana appurJe- nances necessary. usual and proper or useful in connection with same.
 Third: The capital stock of said cor poration shall be fixed at one hundred fifty thousand dollars (S15O 0OO.OO) divided into fifteen hundred Q50G shares of the each. one thousand 0.0j0) of which shares shall be common stock. and the balance five hundred (5OO) shares shall be pre- ferred stock.
 Said stock shall be issued full paid and nOn-assessable, at such time as the board of directors may designate, in exchange for cash, property, services. or other ment of the directors as 10 the value thereof shall be conclusive.
 The preferred stock shall entitle the holders thereof to receive out Of the net earnings, and the corporation shall be bound to pay, cumulative dividend at the rate of. but never exceeding, six CD per centum per annum- payable befort any dividend shall be set apart or paid on the common stock; provided. however, that whenever a dividend is paid on the preferred stock. the directors shall have bower in their discretion to declare and pay a dividend for like period on the
 The holders of preferred stock shall in case of liquidation or dissolution or the corporation before any amount shall be paid to the holders of the commo1 stock be entitled to be paid the amount paid upon their shares and the dividends accumulated and unpaid thereon, but shall not participate In any surplus as sets after paying oH the whole Of the paid-up capital. The preferred stock shall be non-votng.
 Such preferred stock, at the discretion of the company. shall be subject to re- demption at par and accrued dividends on any dividend day after its issue.
 Fourth: The time Of the commence ment of this corporation shall be the date of the filing of these articles of in corporation in the office of the auditor of Arizona and the termination thereof shall be twenty-five years thereafter. shall be conducted by a board of direct ors consisting of three (3 persons. who shall be elected annually on the secon1 day of January after the year 1906.
 The following persons shall constitute the first board of directors who shall hold office until the next annual meeting of stockholders and until their success sors are elected and qualified: Edward J. Condon, oscar p. Lemen and Edward Maher
 Sixth: The highest amount of .ndebt- edness or liability, direct or contingent to which this corporation is at any time subject. shall be one hundred thousand dollars (S1OO,0 ,0O0OO), which amount does not exceed twO-thirds the amount Of the
 Seventh: The private property of the stockholders of this corporation shall be exempt from the corporate debts Of any kind whatsoever.
 Eighth: Among the powers of this cor poration are the following: (a) To have perpetual succession. Cb) To sue and be sued by the corporate H1me. Co To have common seal ana alter the same at pleasure (d) To render the shares or interests of stockholders transferable and prescribe the mode or making Such transfer. Co To exempt the priVate prop erty of members from liability Tor the corporate debts. C) To make contracts, acquire and transfer property, possessing the same powers in Sucn respect us prl- Vate individuals now enjoy. Cg) To mort create mortgages. bonds debenture bonds and other evidences of indebted ness. (h) To establish bylaws and make rules and regulations deemed eXpedient for the management of the affairs of the corporation, not inconsistent with the constitution of the United States and the Territory of Arizona (k) To authorize voting by proxy at incOrpOratOrs' and all stockholders meetings
 It is hereby expressly provided that the foregoing enumeration of specific powers shall not be held to limit or restrict in any manner the pOwecs or the corpora ton. In general the corporation shall ferred by the constitution of the United States and of the Territory of Arizona and the laws under which this corpora
 In witness whereof. we have hereunto set our hands and seals, this twenty eighth day of November, 1905
 RAYMOND NEW MAN. (SeaD
 CARL T. PRIME tSeaD
 W R. WATSON. tSeaD State of Illinois.
 County of Cook, ss-
 On this twenty-eighth day of Novem- Der, in the year one thousand nine hum dred and five, before me. John r. Hol- land, notary public in and for the State and county aforesaid residing therein, duly commissioned and sworn, personally appeared Raymond Newman, William R. Watson and Carl T. Prime, known to me to be the persons described in, whose names are subscribed to, and who exc Cuted the annexed instrument, and they acknowledged to me that they executed the same for the purposes and considerd- tions therein expressed.
 In witness whereof, l have hereunto set my hand and affixed my official seal 1.-the day and year last above WrltIen (SeaD JOHN F. HOLLAND,
 Notary Public.
 My commission expires Sept. 9, 10J6 -o-
 ARTICLES OF INCORPORATION or UNITED STATES PLANTATION