Bisbee daily review., 1913-07-19
ARTICLE [.

Ahl lLLG |.
 The name Of the corporation, shall be LOWELL BEER COMPANY and the incorporators those signing this instrument, being Michael Schnalze, whose residence and post ofl1e ad- dress is Lowell, Arizona and John Louko whose residence and post Of. flee address is Lowell, Arizona.
 ARTICLE n.
 The principal place of business of the corporation shall be at Lowell. Arizona, and the corporation may es- tablish branch offices at such other places as it may determine.
 ARTICLE Ill.,
 The general nature of the business proposed to be transacted by the cor. poration is to associate together in cor porate form, and with corporate now. CTS. for the purpose of mutual profit me present owners of the property ot a certain association known as Lowell Beer ComDany. and to take over the properties of said association, the corporation to act as the agent of it's stockholders and members in the pur, chase of beer and like commodities used in the saloon and retail liquo- business, and to distribute to such stockholders monthly the money saved each member in buying in uuan- tity through the Company: the corpor. ation shall also have the power to in anywise, at retail or wholesale, to generally deal in the commodities handled by it, with ans person or per sons; and shall have the power to make all contracts, and buy and sell and in any wise deal in all property necessary to eiTecuate any of the ob- jocts or purposes of the corporation. and to accomplish such purposes by ] determining the rights and duties in- cident to stock ownership.
 ARTICLE w.
 The amount of capital stock author. ized Tn fifteen thousand (S15,0O0) dollars, divided into one hundred (100) shares of the par value of one hundred fifty (s150) foilars per share; eight shares of said Stock represent. ing the sum of twelve hundred (S12OO} dollars shall be issued to tho asso. ciates of the Lowell Beer Company, in consideration of the transfer of the properties of said association to this corporation; and the balance of the stock shall remain unissued until wholly or in part disposed of by the Beard of Directors in accordance with the bylaws of the corporation; as one of the objects Of the corporation and it's immediate present purposes is cooperation amongst it's stock. holders. the rights duties and obliga- iions incident to stock ownership. may be varied from the usual incl dents of stock owrfership, in such manner as the corporation in any le, gal mode may determine.
 ARTICLE V.
 The time Of the commencement of the corporation shall be upon the recording of a duly certified copy of these articles in the office of the County Recorder of Cochise County. and the delivery of 8 certificate or in- corporation to the company by the Corporation Commission of Arizona, and its termination twenty-five years | thereafter.
 ARTICLE VI.
 | The officers by whom the affairs of l the corporation are to be conducted are Board of Directors of five in number, and President, Yice-P -Prest dent, Secretary and Treasurer. and such other. officers as the Board of ! Directors may find necessary to es- | tablish in order to carry on the bus mess of the Company, provided that the office Of Secretary and Treasurer may be united in one person. who need not be a member of the Board of | Directors: that the first Directors of 1 ;he corporation shall be the follow ! .Tz... James Harney. Vice-President; Nj. Schmalzei, Secretary end Treasurer; D. F. Bardon and John Louko, who shall hold office until the first annual meeting of the stockholders, which shall be held on the first Tuesday in September, 1913. and the election and qualification of their successors: and the annual meeting of stockholders shall be held on such day yearly thereafter.
 ARTICLE VII.
 The highest amount of indebtedness or liability. direct or contingent. to which the corporation is at any time to subject itself. shall be the sum of tten thousand tSlO.000} dollars.
 ARTICLE VIII.
 The private property of the stock. | holders shall be exempt from the debts of the corporation.
 IN TESTIMONY WHEREOF the fn- Icorporators named have hereunto set their hands at Bisbee, Arizona, this 25th day of June 1913
 MICHAEL SCHMALZEL.
 JOHN LOUKO,
 STATE OF ARIZONA ss. COUNTY OF CoCHIsE )