Bisbee daily review., 1913-07-17
ARTICLE |.

lows:
 ARTICLE |.
 The name of the corporation shall l be LOWELL BEER COMPANY and the incorporators those signing this instrument, being Michael Schmalzei whose residence and post office ad- dress is Lowell. Arizona and John Louko whose residence and post of- fee 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 iii. | The general nature of the business proposed to be transacted by tine cor l poration is to associate together in cor | porate form, and with corporate pow. CTS. for the purpose of mutual profit the present owners of the property os | a certain association known as Lowell | Beer Company. and to take over the properties of said association, the l corporation to act as the agent of it's l stockholders and members in the pur, l chase of beer and like commodities | fA@tA At lut sfilUOu anu EtLdli 1lQunE | business. and to distribute to such | stockholders monthly the money ! saved each member in buying in quan. iity through the Company; the corpor. 1 atiou shall also have the power to in anywise, at retail or wholesale, to l generally deal in the commodities handled by it. with any 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 effecuate any of the oh I iccts 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 in fifteen thousand ($15, ,000) | dollars. divided into one hundred 1 (100) shares of the par value of one 1 hundred fifty (S150) dollars per share | eight shares of said stock represent, ling the sum of twelve hundred ($I200} | dollars shall be issued to tho asso- ] Ciates of the Lowell Beer Company, in consideration or the transfer of the properties of said association to this 1 corporation; and the balance of the stock shall remain unissued until ] wholly or in part disposed of by the Board of Directors in accordance with the bylaws of the corporation; as one of the objects Of the corporation and its immediate present purposes Is cooperation amongst its stock, holders, the rights duties and obliga- tions incident 10 stock ownership. may be varied from the usual incl dents Of stock ownership. in such manner as the corporation in any le' gal mode may determine.
 1 ARTICLE V.
 The time Of the commencement oi the corporation shall be upon the recording of Q duly certified copy of these articles in the office of the .l County Recorder of Cochise County, and the delivery of a certificate Of in !. corporation to the company by tine ,i Corporation Commission of Arizona, , and it's termination twenty-five years thereafter.
 ARTICLE VI.
 The officers by whom the affairs of , the corporation are to be conducted !. Iare a Board of Directors of i've in . humber. and President, Vice-Presi
 
 such other officers as the Board of , Directors may find necessary to es- , iabIish in order to carry on the bus , mess of the Company, provided that , tue office of Secretary and Treasurer , may be united in one person. who , need not be a member of the Board oi } Directors; that the first Directors of , the corporation shall be the follow ing: Harry Jennings, President; James Harney. Yice-President; NJ SchmalzeI, Secretary and Treasurer iD. E. Bardon ana John LoukO. who shall hold office until the first annual rne,t ting Of the stockholders, which ishan be held on the first Tuesday in September, 1913 and the election and lqaalifcation of their successors; and the annual meeting of stockholders shall be held on such day yearly thereafter.
 ARTICLE vi.
 The highest amount of indebtedness Or liability. direct or contingent to which the corporation is al any time lto subject itself, shall be the sum oi ten thousand CS1G.000) collars.
 ARTICLE VIII.
 ? The private property of the stock ! holders shall be exempt from the f debts of the corporation.
 ,T IN TESTIMONY WHEREOF the in- 2 lcorporators named have hereunto set their hands at Bisbee, Arizona, this i 25th day of June 1913.
 z MICHAEL SCHMALzEL. JOHN LOUKo,
 STATE OF ARIZONA