Arizona republican., 1906-01-23
ARTICLES OF INCORPORATION OF CONDON CONSTRUCTION
 COMPANY

| ARTICLES or INCORPORATION OF COMPANY.
 K KnQw 2I, All Men By These Presents. That ourselves together for the purpose of | forming a corporation under the laws of the Territory of Arizona. and to that 1 end to declare:
 First: The name of the corporation 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 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- proxy in writing.
 1 business of this corporation is as follows, The purchase. construction and opera ton 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 appuTte- nances necessary. usual and pro,jer or useful in connection with same.
 Third: The capital stock of said cor poration shall be fixed at one hundred - NFAe'sHJ0'o} into fifteen hundred G50O) shares of the par value of one hundred dollars ($l000O each, one thousand Q0)O Of which shares shall De common stock. and the balance lVe e 1undred (5OO) shares shall be pre-
 Said stock shall be issued full paid and non-assessable. at such time as the board or directors may designate. in exchange valuable right or thing, and the judg ment of the directors as 70 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, a 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 on the common stock: provided, however that whenever a dividend is paid on the preferred stock, the directors shall have power in their discretion to declare and pay a dividend for like period on the
 The holders of preferred stock shall. Tn case of liquidation or dissolution of be paid to the holders of the commo stock. be entitled to be paid the amount paid upon their shares and the dividends accuIInulateu ana unpaid thereon, put shall not participate in any surplus as sets after raying off the whole of the paid-up capital. The preferred stock shall be non-votin@.
 Such preferred stock, at the discretion demption at par and accrued dividends on any dividend day after it's issue.
 Fourth; af The time of the {2 c1mmenGe. m t6 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 shall be conducted by board of direct ors consisting of three (3) persons. who shall be elected annually on the second 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 quaIfied: Edward J: Condon, oscar E. Lemen and Edward
 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 (S1O0 O00.O0). which amount does not exceed two-thirds the amount of the capital stock.
 Seventh: The private property of the 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. (b) To sue and be sued by the corpOrate name. Co ID at pleasure (d) To render the shares or interests of stCckholders transferable and prescribe the mode of making such transfer. Co To exempt the private prop erty of members from liability TOT the corporate debts 9D 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 constitutfon of the United States and the Territory of Arizona. QO 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 pOweSS Of the corpora tion. In general, the corporation 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
 In witness whereof. we have hereun.o set our hands and seals, t5lis twenty eighth day of November. 1905.
 RAYMOND NEW MAN. (SeaD
 CARL T. PRIME. tSeaD
 W. F. WATSON. CSeaD State of Illinois,
 County of Cook ss
 On this twenty-eighth day of Novem- Der, in the year one thousand nine hun dred and five, before me John F. Hol- lard, a 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 considera- tions therein expressed.
 In witness whereof have hercuntO set my hand and affixed my official seal at my office in the said state and c2un>y' the day and year last above written.
 (SeaD JOHN r. HOLLAND,
 Notary Public.
 My commission expires Sept. 25, 19l6
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 ARTICLES OF IVCORPORATION OF
 UNITED STATES PLANTATION
 COMPANY.