Bisbee daily review., 1907-03-07
ARrIcLes oF INcoRpoRATIoN
Of the ;. A. Hoover & Company.

KNOW ALL MEN BY THESE PRESENTS. That we. J. A. Hoover, F. R. Harrington and Fred Sutter, citizens of the United States. do here. bv voluntarily associate ourselves to- gether for the purpose of forming a corporation under the laws of the Territory of Arizona. and We hereby certify, acknowledge and adopt the following articles of incorporation
 ARTICLE l.
 The name of this corporation shall be and is. J. A. Hoover & Company ARTICLE II.
 \, The principal place of business of ! this corporation shall be in the City of Bisbee. Cochise County. Te. ritory of Arizona. and this corporation may have and establish such other branch offices at such other places as the | Board of Directors of said corpora ton may from time to time select.
 ARTICLE III
 The general nature of tae business and enterprise proposed to be trans acted and, carried on by this corpora tion shall be and is as follows.
 To engage in and carry on a general brokerage and commission business. to buy. sell and trade in stocks. bonds. mortgages and other par Dnal prop erty on commission or otherwise. 70 acquire own, locate or lease IanIs and real estate of every nature and de- sciption, and to sell and dispose of the same. to sell it's own stock and to purchase. own andacquire and deal in the same and in the stock of other s, Tn caf1 transfer. pledge, mortsage or other wise convey and dispose of any ard all of the lands and other property rights and prffleges of this corporation. both real and personal property: to lend money and take motgages on both real and personal property as security therefor. and generally to do any and all business. acts and things incident to the business afore- said and not contrary to the laws of the Territory of Arizona.
 ARTICLE ".
 The amount of the capital stock of this corporation shall be Fifty Thou sand Dollars (s50,000l. divided into Five Hundred Shares (500). of the par value of One Hundred Dollars ts10O) each; the time when and the condition upon which the said capital stock shall be issued and paid for shall be as fixed and regulated by the Board of Directors of this corporation, and when fully paid for shall be un- assessable. Tn the discretion of the Board of Directors and in the absence of actual fraud, said capital stock may be issued as fully paid for less than par and in exchange for properST conveyed or transferred to said cor poration.
 ARTICLE V.
 The existence of this corporation shall begin immediately after the re cording of these articles of incorDore- tion in the office of the CouGty Re corder of said Cochise County. Arizo- na, and the filing of a certified copy thereof in the office of the Territorial Auditor of said Territory. and shall continue for a period of twenty five (25) years thereafter.
 ARTICLE VI.
 The affairs of thfs corporation shali be conducted by Board of Directors consisting of not less than three per sons, who shall be shareholders Of the stock of this corporation
 The first directors of this corpora- ton shall be J. A. Hoover, F. R. Har- rington and Fred Sutter. who shall hold office until the ellection and qualification of their successors at the first annual meeting of the stockhold- CTS. which annual meeting shall be held each year on the third Monday iu February of each year at o'clock D. m. at the office of said company in the said City of Risbee
 The board of Directors shall have power to fill any vacancy in their number at any time.
 The officers of this corperation shall be a President. Vice-President. Sec retary and Treasurer. and such other minor officers as the Board of Dt- rectars may from time to time deem it expedient to have.
 More than one of said above men, 1 tioued offices may be held by one and l the same person. The above named l officers for the first term. and until l their successors are elected and quail | fled, shall be elected by the above | named Board of Directors from their | at the first meeting after the | legal organization of this corporation. | and thereafter such officers shall be | elected annually by the Board of Di- | rectors from their own number at | their first meeting following the an nual election of such Board. ' ARTICLE VII.
 The highest amount of indebtedness | or liability to which this corporation Is at any time to be subject shall not | exceed Thirty-Ffve Thousand Dollars l (s35 ,000.). .rl
 ARTICLE VIII. The Board of Directors--shail adopt | Bylaws for this corporation which may be repealed or amended at any time by said Board. or by two-thirds vote of the stock at a regular stock holders meeting.
 ARTICLE K The private property of the stock holders and officers of this corpora ton shall be exempt from all liability | for the corporate debts of this cor poration. IN WITNESS WHEREOF. we have