Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1911-09-13
CFirst publication. August 25)
ARTICLES OF INCORPORATED
OF
THE TEMPLE LIFE INSURANCE
COMPANY,

SOmFHN T.
KNOW ALL MEN BY THESE
PRESENTS: That we whose names
are hereunto subscribed have this day
associated ourselves together for the
purpose of forming a life insurance
corporation under the laws of the Ter
ritory of Arizona, and for that purpose
do hereby adopt the following Articles
| % Incorporation:
ARTICLE l.
The names of the incOrporators of
| this corporation are: a. l.. Lund-
gren. Sydney Smith, John Busch, John
| Ljungren and s. a. Watts, NJ. ID.
ARTICLE II.
The name of this corporation is and
shall be THE TEMPLE LIFE IN
ISURANCE COMPANY" and the prin
cipal place in which the business of
this corporation is to be transacted is
the City Of Phoenix. County OF Mar
icopa, Territory of Arizona. This cor
poration may. however. have other
offices and other places for the trans
action Of its business. either within or
without the Territory Of Arizona, as
shall from time to time be determined
by its Board Of Directors.
ARTICLE Ill
The general nature Of the business
in which this corporation shall engage
is as follows: tO-wit: To insure the
lives Of persons, and engage in the
general business Of life insurance; to
grant and sell annuities; to execute
ali legal trusts which may be confided
To this company: to make insurance
in
travelling or otherwise, and against
disabilities to persons by disease. sick
ness or bodily defOrmities; to carry on
general life, health and accident
| insurance business. under such rules
and regulations and such forms of in
surance policies and contracts as may
be determined from time to time by
its Board of Directors: to loan, invest
or accumulate the funds OF said com
pany, in such manner as may be de-
termined by its Board of Directors,
consistent with the laws governing
the loaning or investing of funds OF
life insurance corporations; to buy,
build. erect, lease or therwise acquire
real estate and buildings. or either,
as may be necessary useful of con-
corporation. and generally to do any
and all such lawful acts, and to pos
sess such lawful powers as are Incl
dent to the business, purposes and
objects of this corporation.
ARTICLE ".
The authorized amount OF capital
stock of this corporation shall be five
hundred thousand C5OO.OOO) dollars.
divided into fifty thousand (50.000)
shares of the par value of ten $50
dollars each. The times when and
the conditions upon which said stock
shall be issued and paid for are as
fellows: Either in cash to be paid
for at the time subscription is made
therefor; or the Board of Directors Of
the corporation may authorize the
sale of the stock of this corporation
or any part thereof, at such prices as
they may deem advisable. but not less
than the par value thereof, to be paid
for in cash at the time of subscrip-
rtiOn, to the extent of at least twenty
five per cent of such subscription, and
the balance to be paid within one year
| from the date of the organization of
this corporation The stock of this
.rporatiOn shall not be issued until
fully paid, and when so issued shall
be worcestershire thereafter. The
stock of this corporation may be voted
at all meetings either in person or
by proxy.
ARTICLE V.
The time of the commencement of
this corporation shall be the date OF
| filing with the Auditor of the Terri
tory of Arizona of n certified copy
of these Articles of Incorporation.
as by law provided. and the termina-
tion thereof shall be twenty-five years
thereafter unless the same shall here
after be extended as by law provided.
ARTICLE VI.
The affairs of this corporation shall
be conducted by a Board of Directors
consisting of not less than five stock
| holders Of this corporation who shall
be elected annually by the stock
holders at the annual stockholders
meeting which shall be held at the
office of the company in the city of
Phoenix, Territory of Arizona, on the
second Tuesday in March at the hour
OF 10 A. NJ. OF that day, of each year
hereafter The first annual meeting
OF the stockholders is to be held on
the second Tuesday in March in the
year A D. 1912. at the hour of 10
O'Clock in the forenoon of that day.