Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1911-08-19

rcctors may designate. where meetings
Of Stockholders and Directors may be
held.
Article 1.-THE general nature Of
the business proposed to be trans
acted is to make contracts: to pur-
chase. lease. option. or otherwise ac-
quire. own. exchange. sell, or otherwise
dispose of, pledge. mortgage. hypothe-
cate and deal in DRUGS and other
property. both real and personal. and
To deal in the products and by-pro-
ducts thereof: to purchase. lease.
or otherwise acquire. own, sell,
and to do drug manufactur-
ing and mercantile business; to own,
handle and control letters patent and
inventions; to purchase. hold cancel.
and reissue shares Of its own capital
stock and to own shares of other cor
pOrations; To issue bonds, notes, de-
bentures and other evidences of in
debtedness and 10 secure the payment
Of the same by mortgage. deed of
trust, or otherwise; to act as agent,
trustee. broker. or in any other fl
duciary capacity, and to borrow and
loan money; and in general TO do and
perform such acts and things and
transact such business. not incon-
sistant with law. in any part of the
world, as the board of directors may
deem to the advantage of the cor
pOration.
Article III.-The amount Of the au-
thorized Capital Stock of the Corpora
tion is Fifteen Thousand (S15,OO0.OO)
Dollars, divided into One Hundred
Fifty $50 Shares OF the par value Of
one Hundred 100000 Dollars each.
which shall be paid in, at such time
as the Board of Directors may desig-
nate, in cash. real or personal prop
erty. services, option to purchase. or
any other valuable right or thing, for
the uses and purposes of the corpora
ton. and all shares of Capital Stock,
when issued in exchange therefor.
shall thereupOn and thereby become
and be full-paid the same as though
paid for in cash at par. and shall be
non assessable forever. and the judg-
ment of the Directors as to the value
Of any property right or thing ac-
quired in exchange for Capital
Stock shall be conclusive.
mencement of the corporation shall
be the day these Articles are filed in
accordance with law. and the ter
mination thereof shall be Twenty five
years thereafter with privilege Of re-
newal and right Of perpetual success
sion as now provided by law.
Article V.-The affairs of the cor
poration shall be conducted by a
Board Of Directors and Officers To be
elected by the same. which said Board
shall consist of such number and
persons as may he elected by and
from among the Stockholders as pro-
vided by the Bylaws Until the first
annual meeting of Stockholders and
until their successors are elected and
qualified. the following named per-
sons shall he the Directors and Of
ficers: Frank u. Lovett, G.. y. Mac
Bean. F 5. Westfall.
Article VI-The Directors shall
adopt Bylaws for the government
Of the corporation and fix the time
therein for the annual meetings of
stockholders. They shall have power
to fill vacancies occurring in the
Board of Directors from any cause.
and to appoint an Executive Commit
tee which, to the extent provided by
resolution or by the said Bylaws.
shall have and exercise the powers
granted the Directors by these Articles.
Article VII-The highest amount of
Indebtedness or liability to which the
corporation is at any time to subject
itself is Fifteen Thousand ($15. 100000
Dollars.
Article VIII.-The private property
of the Stockholders of the corporation
shall be forever exempt from corpo-
rate debts of any kind whatsoever.
In Witness Whereof. We hereto af-
fix our signatures this 18th day of
August, 1911.
FRANK d. LOVETT
G. n MAGICIAN
F. 5. WESTFALL
Territory of Arizona
County OF Maricopa.-ss.
Before me. J. F. Cleaveland, a No
tary Public in and for the county and
territory aforesaid, on this day per-
sonalIy appeared Frank d. Lovett. G.
y. MacBean and r s Westfall. known
to me to be the same persons who
signed the foregoing instrument, and
acknowledged to me that they exc
cuted the same for the uses and
purposes therein mentioned
Given under my hand and seal of
office this 14th day of August 1911
My commission will expire on the
3rd day of January, 1914.
CSEAL) ]. +. CLEAVELAND