Arizona republican., 1907-09-01

At such times as the Board of Diree- tors may by resolution direct. said cap ital stock shall be paid into this Cor poration, either in cash or by the sale and transfer to it of real or persona property, for the uses and purposes of said corporations: in payment for which. shares of the capital stock of said corporation may be issued: am the capital stock so issued shall there- upon and thereby become and be fully paid up and non-assessable; and, in th- absence of actual fraud in the trans i action, the judgment of the Director- as to the value of the property pureh- ased shall be conclusive FOURTH: The time of the com mencement of this Corporation sha be the date of the filing of these Ar ticles of Incorporation in the ofiic of the County Recorder. and the te-- imitation thereof shall be Twenty-fy years thereafter.
 FIFTH: The affairs of this Corpor ation shall be conducted by a Boar of not less than three. nor more thaH seven Directors and the above nam. incorporators shall constitute q Board of Directors until their succe- sors are elected: Thereafter. tl Board of Directors shall be elect from among the stockholders on IT. second Wednesday of January of eac- year. Any vacancy in the Board ma ! filled by the remaining Directors t appointment from among the stocA- holders. and an executive committee U. not less than two nor more than ty may be appointed by the Board of D. rectors with such power as the Boa may prescribe. Within a reasonal time after the election of any Boa of Directors, they shall meet at th New York office of the Company au elect the officers of the COrporatio-. who shall be President. Vice e-PresiGer- Secretary and Treasurer. and appoll- such other minor officers or agents s~ the Board may deem necessary; tf. office of Treasurer may be filled by person holding any other office TL- officers of the Corporation until the successors are elected shall be, Johl Madigan. President and Carlos F. E. tarnez. Secretary and Treasurer
 SIXTH: The highest amount of ir- debtedness or liability. direct O- con-
  to be at any time subject shall b. Five Million (s5. .eOo. oO9D Dollars. Whie. amount does not exceed twO-thirds tL- amount of the capital stock
 SEVENTH: The private property 0t the stockholders of this cOrporatl'- shall be exempt from corporate deb-s of any kind whatsoever
 IN WITNESS WHEREOF. We hay hereunto set our hands and seals, tt-
 day of.........----. lSos-
 JOHN MADIGAN, tSeal.
 DANA A. ROSE. (Se4l.
 CARLOS F.. ESTAKNEZ tSva- STATE OF NEW YORK
 County of New York-ss.
 On this 2Sth day of May. in the year 1907. before me Paul NJ. Pelletreau Notary Public in and for the state aul County aforesaid. residing therein. duly 4 commissioned and sworn. persona, appeared Dana A. Rose. Carlos F. E. tarnez and John Madigan. known -r me to be the persons described i- whose names are subscribed to. ar who executed the annexed instrume-- and they acknowledged to me that t1 executed the same for the purT-s- and considerations therein expresseL IN WITNESS WHEREOF. here--- to set my hand at my office, in the Si State. City and County. the day -- year last above written. (Seal) PAUL NJ. PELLETREAU Notary Public.
 New York Count
 My commission expires March 1909.
 TERRITORY OF ARIZONA. County of Maricopa-ss.
 I, c. F. LEONARD. County B.e'rd-~ CT in and for the County and Territory aforesaid. hereby certify that ] have compared the foregoing copy with the original Articles of Incorporatinn n- the CONSOLIDATED PAID AMAE- LILO RUBBER COMPANY filed a- recorded in my office on the 3rd day June 1907, in Book No........ of l-- corporations. at Page, ant th, the same is a full. true and c1-7 copy of such original and of the vh'' thereof
 Witness my hand and seal of '-1. this Srd day of June. 1907.
 (SeaL) c. F. LEONARD
 County K'-,0-i
 Filed in the office of the Terri-'-t Auditor of the Territory of Arizona t- day of June A. D. 1SO7 at 10 A N a, request of w H. Ellis C. Co. Uhl- post office address is 2s Wal >,r New York
 JOHN H. PAGE
 Territorial .illl-