Arizona republican., 1906-01-24
ARTICLES OF INCORPORATION OF CONDON CONSTRUCTION
 COMPANY.

ARTICLES OF INCORPORATION OF
 CONDON CONSTRUCTION
 COMPANY.
 Know All Men By These Presents. That we, the undersigned. hereby associate forming a corporation under the laws of e one Territory of Arizona. and to that
 First: The name of the corporation shall be Condon Construction Company.
 The principal office of the company in A[lzona shall be at Phoenix, at which place the meeting of incorporators shall pc heId for the purpose of receiving char ter, adopting bylaws, and the doing of all such other things as may be ueceS- 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 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 or the business of this corporation is IS follows, to-wit:
 The purchase. construction and opera tlon of gas, water, electric light and power plants, refrigerating plants, sewer, drainage and irrigation systems, and the construction and acquisition of all land, buildings and machinery ana appurte- 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 S15OO0O.O0) divided par value of one hundred dollars ($1OOOO each, one thousand Q-0)0) of which shares shall be common stock. and the balance i've hundred (5OO shares shall be pre- ferred stock.
 Said stock shall be issued full paid and -assessable, at such time as the board of directors may designate, in exchange for cash, property, services. or other valuable right thing, and the judS- 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 (6) per centum per annum. payable befort any dividend shall be set apart or paid that whenever a dividend is paid the preferred stock, the directors shall have power in their discretion to declare ana pay a dividend for like period on the common stock.
 The holders of preferred stock shall. in case of liquidation or dissolution of the corporation. before any amount shall be paid to the holders of the commo I 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 off the whole of the paid-up capital. The preferred stock shall be non-vOting.
 of the company. shall be subject to re demption at par and accrued dividends
 
 tourtn: The time or 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
 Fifth: The affairs of this corporation small be conducted by a board of direct Ors consisting of three C3) persons. who shall be elected annually on the second The following persons shall constitute the first board of directors who shall ha n1naffnu of stockholders and until their success sOrS are elected and QuaHfed: 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 GlO1OO0-O0), which amount does not exceed two-thirds the amount of the capital stock.
 Seventh: The private property of the of this corporation shall be exempt from the corporate debts of any kind whatsoever.
 Eighth: Among the powers of this cor perpetual succession. (b) To sue and be sued by the corporate name. Co To have a common seal and alter the same at pleasure. (d) To render the shares or interests of stockholders transferable and prescribe the mode of making such transfer Co To exempt the pr4vate prop erty of members from liability Tor the corporate debts f) To make contracts, acquire and transfer property possessing the same powers in Sucn respect as pri- vate individuals now enjoy. (g) To mort gage all or any part or its property and 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. QS) 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 powers or the corpora ton Tn general me cornoration shall have and exercise all the powers con ferred by the constitution of the United States and of the Territory Of Arizona and the laws under which this corpora ton is formed
 In witness whereof. we have hereunto set our hands and seals, tiis twenty eighth day of November, 1905.
 RAYMOND NEWMAN. (SeaD
 CARL T. PRIME. ISeaD
 ". R. WATSON. (SeaD State of Illinois
 County of Cook, ss.
 On this tWenty-eighth day of Novem- Der, in the year one thousand nine hun dTed and five. before me. John F. Hol- land, a notary public in and for the State and county aforesaid, residing therein, duly commissioned and sworn, personally appeared Raymond Newman, William l. 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 considera- tiOnS therein expressed.
 In witness whereof, l have hereunto set my hand and affixed my official seal. at my office, in the said State and c0un.y, the day and year last above written.
 (SeaD JOHN F. HOl1LAND,
 My commission expires Sept. 5. 1906. ARTICLES OF INCORPORATION OF
 UNITED STATES PLANTATION
 COMPANY