The copper era. (Clifton, Graham County, Ariz.) 1899-1911, 1908-07-09
ARTICLES OF INCORPORATION
OF THE
DUNCAN HARDWARE AND FURNI-
TURE COMPANY.

We, the undersigned, have this day asso-
eiated ourselves together for the purpose of
forming corporation under the laws of the
Territory of Arizona to engage in and carry on
the lawful business enterprises and pursuits
hereinafter named and we do hereby acknowl-
edge and subscribe, according to law these
Articles of Incorporation and certify and de-
clare:
l. The name of this corporation is Duncan
Hardware aud Furniture Company and its
principal place of business shall be at tho
town of Duncan. County of Graham, Territory
of Arizona. The corporate existence of this
corporation shall begin on the day of filing of
these Articles Of Incorporation in the Office of
the County Recorder of Graham County, Ari-
iona, and a certified copy thereof in the Office
of the Auditor of the Territory of Arizona, and
shall terminate twenty-five years thereafter.
, The nature Of the business to be trans
acted by this corporation is that of a dealer i'll
merchandise and for this purpose it is author
lied to buy and sell hardware, furniture and
merchandise of all other kinds, to borrow and
loan money, to buy, sell, own and lease cal
estate in the Territory of Arizona and else
where and to do any and all things and trans
act any and all business appurtenant or aux-
Hilary TO any of the above purposes.
3. The amount Of the capital stock of this
corporation shall be Fourteen Thousand Dol.
lars (sl4;OOJ.Oo) divided into one hundred and
forty shares Of the par value of One Hundred
Dollars 100000 per share, to he sold and issued
to subscribers under direction of the Board of
Directors, for such price as said Board may tx,
and when issued, shall be deemed fully paid
and worcestershire.
4. The business of this corporation shall be
conducted by Board of not less than three nor
more than i've Directors, who shall be stock
holders and the following named persons shall
constitute the Board of Directors of this cor
poration until the irst annual meeting of stock
holders to be held on the first Monday in Octo-
her. 1908, viz: r. w. Taylor, w. J. Owen and
John r. Hampton.
Thereafter the Board of Directors shall be
elected annually by the stockholders at their
annual meeting to be held on the first Monday
in October of every year. Vacancies the
Board of Directors shal be filled by the re
naming members who shall elect persons to
serve during the uneXpired term. A majority
of the members of such Board shall cOnsti-
tute quorum aud any regularly called meeting
at which quorum is present shall be deemed
n legal meeting.
5. The oil 'ers Of this corporation shall con
siSt of Il President. Vice President, Secretary
and Treasurer, Manager and such other officers
as the Board of Directors shall deem necessary
u tOlltluct the bHNlueSS Oh inc corporation. All
officers shall be elected annually by the Board
OF Directors aud shall serve one year and until
their 'ccesSors shall have zen elected and
qualified. The following ma ned persons shall
constitute the officers of this corporation until
the first annual meeting of the Directors which
shall be held on the first Monday in October,
1858 viz
E. W. Taylor President and Manager; L B.
Stephens, Vice President, and W. J. Owens,
Secretary and Treasurer.
6. The highest amount of indebtedness to
which this corporation may subject itself is
Eight THOUSAND Dollars (SSOO0.O0). The stock
holders of this cooperation and their private
property shall be exempt from all liability
account of the debts of this corporation.
:. The Board of Directors OF this corporation.
shall have power to establish BY Laws and t.
make all needful rules and regulations for the
management # the affairs of the corporation
and the government of its officers not in con
fiict with the Constitution and laws of the
Unitcd States and the Territory of Arizona.
In Witness Whereof. we have hereunto set
our hands and seals this LIST day of June, 1908.