Arizona republican., 1913-10-22
ARTICLES OF INCORPORATION OF THE RAPID TRANSIT CON- PANY OF PHOENIX.

Know all men by these presents
 That We, the undersigned, do here hy associate ourselves together for . rhe purpose of forming a corporation under the laws of the State of Ari-
 zona and to that end do certify and declare:
 1. That the names of the incor- porators are: John J. Corrigan, of l Phoenix, Arizona, R. A. Campbell of Phoenix. Arizona, Carl Brady, of 1 Phoenix, Arizona, T. H. Adams, of Phoenix, Arizona and w. s. Brad ford, of Phoenix, Arizona, and the name of the corporation shall be 1 The Rapid Transit Company of ! Phoenix" and said corporation shall
 maintain offices at Phoenix, Arizona 1 and such other places as the board l of directors may deem advantageous. ?. The general nature of the busi- 1iess proposed to be transacted and the purpose for which this corpora 1 tion is organized is as follows, to-wit: To construct, conduct, maintain. own and operate street railways and steam railways to be propelled by [ electricity, steam, gasolene, or any power that may be advantageous; to conduct maintain, operate and effec- l tuate gasolene motor driven vehicles of every kind; that the purpose of the aforesaid railways and vehicles shall be for the carriage of passengers, freight and any and all kinds of general transportation within or with 1 out the city of Phoenix, and within
 the state of Arizona, or outside of the state of Arizona, as the board of directors may deem to the interest of this corporations; to own, maintain
 and operate telegraph and telephone lines in connection with the said above mentioned business or inde- pendently of the above mentioned business to acquire, own and hold franchises, privileges and concessions of all kinds and to receive for the
 services which this corporation may render, proper compensation therefor; 10 buy, sell, own, mortgage, hypothe- cate and deal in real estate and per sonal property of every kind and na- ture; to borrow and lend money and to give and take securities, mortgag ges, trust deeds, debentures, etc; to buy, sell, own and operate ice plants, hold
 and sell the product thereof, and to acquire such plants and the ma chinery for the operation thereof; to own, operate, construct and build gas and electric plants for the purpose of sale and distribution to customers Of the products Of such plants; to acquire franchises, privileges and con-
 sessions for the operation of said plants; to own, hold, buy and sell patent rights and letters patent, and in general, to do any and all things necessary to the proper conduct of the business of this corporation not inconsistent with the laws of the United States, the state of Arizona
 or any state in which this corpora tion may do business.
 3. The authorized capital stock of
 this corporation shall be One Million
 ($1 00O, ,00O00) Dollars, divided into
 Two Hundred Thousand (20O,000)
 Shares of the par value of Five
 ($5.00) Dollars per share; that of the
 aforesaid 100000 shares of stock of
 tEis corporation, 150,00O shares shall
 be preferred stock and 50,000 shares
 shall be common stock. The pre-
 ferred stock of this corporation shall
 be entitled to receive guaranteed div
 idends of six per cent out of the net
 earnings of this corporation, payable
 quarterly, semi annually or yearly in
 such amounts as the board of di-
 rectors may direct It is further pro-
 vided that the preferred stockholders
 shall not participate or have any
 voice in the policy or control of this
 corporation, neither shall such stock