Daily Arizona silver belt. (Globe, Gila County, Ariz.) 1906-1929, 1908-04-07
LEGAL ADVERTISEMENTS

and is the City Of Globe, County Of
ella, Territory Of Arizona, at which
place the meetings of stockholders and
. directors shall be had and held. Such
meetings may be held at such other
, places as may be designated by the
stockholders Of this corporation, Pro.
vided, however, That sueh meetings
shall not be in conflict with the laws
Of any state or territory wherein such
other meetings may be designated to be
, held.
i ARTICLE IT, The general nature of
the business proposed to be transacted
is as follows, to-wit: To manufacture
and sell any and all articles or things
which may be used, worn or consumed
by any person or persons, firm, society
or corporation; to apply for and secure
patents upon any product manufactured
or to be manufactured by this corpora
ton; to acquire, by purchase or other
wise, any article or thing, with the
right TO manufacture the same, and the
patent or patents covering the manufac
ture Of the same; to sell to any person
or persons, firm, society or corporation,
any patent acquired or owned by this
corporation; to transfer, sell assign or
otherwise dispose of, in any manner not
contrary to law, any article or thing,
patent right or chose in action which
may be owned or acquired by this cor.
poration; to acquire, by purchase or
otherwise, any and all lands, buildings,
and equipments necessary to carry on
the business in these articles desie.
mated; to issue bonds, notes. bills,
stocks, debentures or other obligations
to the extent and within the limits
herein prescribed; TO acquire, by pur.
chase or otherwise, bonds, bills, stocks.
debentures or other chooses in action of
any other person, persons, firm, society
or corporation; to do and perform all
and every other act and thing peces.
sary or incidental to the carrying on of
the business hereinafter mentioned.
ARTICLE III. The authorized cap.
ita stock Of this corporation shall be
and is the sum of Five Thousand (s5,-
000.o0) Dollars, divided into five hun.
dred (500) shares of the par value of |
Ten (Sl0.00) Dollars each share. All
shares of stock when issued shall be
fully paid for in cash or in services
or property Of cash equivalent. The |
shares of stock of this corporation shall
be further divided into two hundred
and fifty (250) shares of common stock
and two hundred and fifty (250) shares
of preferred stock. The distinction be.
tween the common stock and the pre-.
ferred stock issued as hereinabove pro.
yided shall be as follows, to.wit: Pre-
ferred stock shall be entitled to vote
one vote for each share of such pre-.
ferred stock. The common stock issued
as hereinabove provided shall be en-.
titled to vote only two-thirds (2-3) of
one vote for each share of such common
stock so issued. Provided, however,
That there shall be no distinction be-
tween common and preferred stock in
the sharing of profits and earning ca
pacity. All common stock so issued
shall, upon the face of the certificates
thereof, be designated ms Common
Stock and shall state upon the face
Of each certificate the distinctio be-
tween preferred stock and common
stock as hereinabove designated.
ARTICLE w. The time of com.
mencement of this corporation shall
be the date upon which certified copy
Of these articles of Incorporation to be
filed in the office Of the County Record.
er of Gila County, Territory of Arizona,
shall be fled in the office of the Ter.
ritorial Auditor of the Territory of Ari.
IONA, and the termination thereof shall
be twenty-five years after the date of
the fling of said certified copy.
ARTICLE v. The affairs of this cor.
poration shall be conducted by Board
Of Directors consisting of six persons,
all of whom shall be stockholders here.
in, which Board of Directors shall elect
It's own officers, who shall thereafter {
be the officers Of this corporation and of
said Board. Such Board of Directors :
shall be elected annually by the stock. |
holders of this corporation at the an {
nual meeting of the stockholders hereof I
to be held ON the first Tuesday after the
irst Monday of September in each and
Every year. Until the first annual meet ,
ng of stockholders shall be held on !
The first Tuesday after the first Mon ,
lay in September in the year 1908, the
following named persons shall consti. ,
ute the Board of Directors, viz: John
Langdon, c. II. Weideman, Tom Ire. ,
'illisn, w. f. Kettering, Thomas E.
Sweet and W. A. Smith; and the follow. :
ng named persons, members of said '
Board, shall be the officers of this cor !
,oration and of said Board, viz: Presi. :
lent, John Langdon; Secretary, C. Fl. \
Treasurer, Tom Trevillian. ;
The Board of Directors as herein con-
tituted and named shall have and it !,
5 hereby given power and authority
o adopt all necessary bylaws govern
ng the conduct of said Board and of
his corporation; to adopt a corporate {
cal, and, by its proper officers, to issue,
ign and attest all stock certificates
ind all other papers or instruments 9
necessary to complete the organization !,
md carry on the business for which this
corporation is organized, and for this /,
purpose to contract for and expend
uch sums of money as may be neces-
airy.
ARTICLE vi. The highest amount
# Indebtedness or liability, whether
irect or contingent, to which this cor
'oration shall at any time subject it.
elf, shall be the sum of Three Thous- :
nd ($3,000.00) Dollars. T
ARTICLE VII. The private property \
f stockholders herein shall be exempt 81