The copper era., 1908-06-18
6-1-7.1G
ARTICLES OF INCORPORATION
 OF THE DUNCAN HARDWARE AND FURNI- TURF COMPANY.

We, the undersigned, have this day asso- ciated ourselves together for the purpose of forming a 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 aud certify and de- clare:
 l. The name of this corporation is "Duncan Hardware and Furniture Company and its principal place of business shall be at the 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- zona, and certified copy thereof in the office of the Auditor of the Territory of Arizona, and shall terminate twenty-five years thereafter.
 2 The nature of the business to be trans acted by this corporation is that of a dealer in merchandise and for this purpose it is author ized to buy and sell hardware, furniture and merchandise of all other kinds, to borrow and loan money, to buy, sell, own and lease real estate in the Territory of Arizona and else where and to do any and all Ihimgs and trans act any and all business appurtenant aux Hilary To any of the above purposes.
 3. The amount Of the capital stock of this
  lars (sl4,OOJOO) divided into one hundred and forty shares of the par value of One Hundred Dollars lslOOOO) per share, to be sold and issued to subscribers under direction of the Board of Directors for such price said Board may fix, and when issued shall be deemed fully paid and nou-aSsessable.
 4. The business of this corporation shall be conducted by a Board of not less than three nor more than five Directors, who shall be stock holders and the following named persons shall | constitute the Board of Directors of this poration until the first annual meeting of stock holders to be held on the first Monday in Octo- her, 1908 viz: k. 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 shall be filled by the maining members who shall elect perSor> tO serve during the unexpired term A majority of the m members of such Board shall constr tute quorum and any regularly called meeting at which a quorum is present shall be deemed a legal meeting.
 5. The officers of this corporation shall con sist of President. Vice President, Secretary and Treasurer, Manager and such other officers as the Board of Directors shall deem necessary LO conduct the DuSlueSS Ol tue COI poIdbiOu All officers shall be elected annually by the Board of Directors and shall serve one year and until their successors shall have been elected and qualified. The following named persons shall constitute the officers of this corporation until the first annual meeting of the Directors which sh.Il be held on the first Monday in October, lg & viz:
 Ew Taylor, President and Manager; L B. Stephen, Vice President, and w. J. Owens, Secretary and Treasurer
 l 6. The highest amount of indebtedness to which this corporation may subject itself is Eight Thousun Dollars (Ss.yOJ.OJ). The stock holders of this p"rati"n and their private | property shall be exempt from all liability on arcouut of the dchtS of this corporation. 7 The Board of Directors of this corporation shall have power to establish Bylaws and to make all ncedful rules and regulations fer the ] m engagement tf the affairs of the corporation and the government of its officers not in con- | hict with the Constitution and laws of the i United States and the Terrtnry of Arizona.
 In Witness Whereof, we have hercuuto set our hands and seals this lst day of June, 1908
 E.w. TAYLOR (SeaD
 wJ. OWEN (seaD
 JOHN R. HAMPTON (seaD
 l. B. STEPHENS (ScaD Territory of ArizonaI
 County of Graham "
 Before me, John Evans. Notary Public in and for the County of Graham, Territory oi Arizona, on this day personally appeared E. W. Taylor, ". J. Owen, John R. Hampton and l.. E. Stephens known to me to be the persons wkOse names are subscribed to the foregoing instrument and acknowledged to me that they | executed the same for tae purpose and conNiu cratiOu therein expressed.
 Given uu.icr my h tH | and seal of office this lSL day June. A. D. 1908.
 (S.nD JOHS EVANS. Notary Public.
 My commission expires April 27th, 1910