Daily Arizona silver belt., 1908-04-08
LEGAL ADVERTISEMENTS

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 such meetings
shall not be in conflict with the laws
Of any state or territory wherein such
other meetings may be designated to be
held.
| ARTICLE ri. 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
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 desig-
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 neces-
sary or incidental to the carrying on Of
the business hereinafter mentioned.
ARTICLE III. The authorized cap
ital stock of this corporation shall be
and is the sum of Five Thousand U.s..
000.O0) Dollars, divided into five hun
dred (500) shares of the par value of
Ten $4,000 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-
vided shall be as follows, to-wit: Pre-.
ferrcd 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 as "Common
Stock and shall state upon the face
of each certificate the distinc ton be- |
tween preferred stock. and common
stock as hereinabove designated
ARTICLE ~. The time of com.
mencement of this corporation shall |
be the date upon which certified copy
of these articles of Incorporation to be |
fled in the Office of the County Record. |
er of ella County, Territory of Arizona,
shall be filed 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
its 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
to be held on the first Tuesday after the
first Monday of September in each and
every year. Until the first annual meet.
ing of stockholders shall be held on
the first Tuesday after the first Mon
day in September in the year 1908, the
following named persons shall consti-
tute the Board of Directors, viz: John
Langdon, c.. II. Weideman, Tom Ire.
william, w. L. Kettering, Thomas +.
Sweet and w. A. Smith; and the follow.
ing named persons, members of said
Board, shall be the officers of this cor
poration and of said Board, viz: Presi-
dent, John Langdon; Secretary, c. II.
Weideman Treasurer, Tom Trevillian.
The Board of Directors as herein con-
stituted and named shall have and it
is hereby given power and authority
to adopt all necessary bylaws govern
ing the conduct of said Board and of
this corporation; to adopt corporate
seal, and, by its proper officers, to issue,
sign and attest all stock certiica tes
and all other papers or instruments
necessary to complete the organization
and carry on the business for which this
corporation is organized, and for this
purpose to contract for and expend
such sums of money as may be neces-
sary.
ARTICLE VI. The highest amount
of Indebtedness or liability, whether
direct or contingent, to which this cor
poration shall at any time subject it.
self, shall be the sum of Three Thous-
and ($3,o0o.Oo) Dollars.
ARTICLE VII. The private property
of stockholders herein shall be exempt
from liability for corporate debts