The copper era., 1908-06-11
OF THE DUNCAN HARDWARE AND FURNI- TURF COMPANY.

We the undersigned, have this day assO- ciated 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 and Furniture Company and it's 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 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 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. aud lease real where and to do any and all things and trans act any and all business appnrtenant or aux Hilary tO any of the abuve purposes.
 3. The amount Of the capital stock of this corporation shall be Fourteen hnuSHIid Dol lars (sl4,OOlOO) divided into one hundred and forty shares of the par value of One Hundred Dollars lS1OOOO) per share, to be sold and issued to subscribers under direction of the Board of Directors, for such price as said Board may K and when issued shall be deemed fully paid and dnou-assessable.
 4. The business of this corporation shall be conducted by Board of not less than three nor WN.,- holders, and the following named persons shal | constitute the Board of Directors of this cor poration until the first annual meeting of stock holders to be held on the first Monday in Octo- Der, 1908, viz E. 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 on the Board of Directors shall be filled by Ihe re maining members who shall elect persons to serve during the unexpired term majority of the m embers of such Board shall eOnsti- ute quorum and any regularly called meeting at which quorum is present shall be deemed a legal meeting.
 5. The officers of this corporation shall con sst of President Vice President, Secretary and Treasurer. Manager and such other officers as the Board of Directors shall deem necessary to conduct the business of the corporation. 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 shall be held on the first Monday in October, I9''S viz:
 E. W. Taylor, President and Manager; L B. Strpheu>, Vice President, and W. J. Owens, Secretary and Treasurer
 6. The highest amount of indebtedness to winch this corporation may subject itself is Eight Thnusan Dollars tSs.OOO.0O) The stock . holders of this co poration and their private property shall be exempt from all liability on account of the debts of this corporation.
 :. The B ,arl of Directors Of this corporation shall have power to establish Bylaws and to make all necdful rules and regulations fer the m engagement of the affairs of the corporation and the government of its officers not in COIL 1ict with the Constitution and laws of the United States and the Territory of Arizona.
 In Witness Whereof, we have hereunto set our hands and seals this 1st day of June 1908.
 E. W. TAYLOR (seaD
 W. J. OWEN (SeaD
 JOHN R. HAMPTON (SeaD
 l. B. STEPHENS (SeaD Territory of Arizona -
 County of Graham. '
 Before me, John Evans. Notary Public in and for the County of Graham. Territory of Arizona, on this day personally appeared E. W. Taylor, w. J. Owen, John R. Hampton and l.. B. Stephens known to me to be Inc persons wkose names are subscribed to the foregoing instrument and acknowledged to me that they executed the same for the purpose and cOnSiu- eration therein expressed.
 Given undcr my Ini and seal of office this 1st day If June. A. D. 1908.
 (SshD JOHN EVANS,
 Notary Pubic. My commission expires April 27th, 1910