Arizona republican., 1914-02-23
LEGAL NOTICE ARTICLES OF lNCORPORATloN
 OF COMMONWEALTH INVESTMENT COMPANY

 PRESENTS: That we Dwight B. Heard, Barry M. Goldwater, and Will liam H. Brophy, whose names are hereunto subscribed have associated ard do hereby associate ourselves to- gether for the purpose of becoming incorporated and organizing and forming a corporation under the gen. eral incorporation laws Of the State of Arizona, and to that end do here by make. adopt, sign, execute and acknowledge these Articles of Incor- poration:
 ARTICLE l.
 The names. residences and Post Office addresses of the incorporators are:
 Name. Residence Post Office Address. Dwight B. Heard. Phoenix Arizona. Phoenix Arizona Barry M. Goldwater..... Phoenix Arizona. a....... Phoenix, Arizona William II. Brophy ......... .Bisbee Arizona Bsbee. Arizona ARTICLE II.
 The name of Shis corporation is COMMONWEALTH INVESTMENT COMPANY, and it's principal office and place of business shan be at the i City of Phoenix, in the County of Maricopa and State of Arizona. but it may have branch offices and do business at such other places as may be found necessary or convenient for l the conduct of the business of the corporation or as may be determined | from time to time by the Board of Directors.
 ARTICLE III.
 The general nature of the business 1 proposed to be transacted by this 1 corporation is as follows:
 1 To purchase. lease or otherwise ac | quire. own, hold. sell, rent or other wise dispose of. mortgage, pledge, cucumber and deal in real estate and i personal property; to erect. con- struct, furnish and equip buildings upon it's own or other property for itself or for others and to manage rent and control the same; to loan money on real or chattel security for l itself or for others. and buy, sell and deal in notes, bonds. mortgages and securities of all kinds; to act as agent for others in the doing of any l of the above described sorts of busi- ness and to do all things necessary | or proper to the conduct of such business and to have and possess the same powers in all such respects as 1 private individuals now enjoy.
 ARTICLE ".
 The authorized amount of capital | stock of this corporation is Five Hundred Thousand Dollars (S500,- 000.OO divided into Five Thousand (5.000) shares of the par value ot cne Hundred Dollars ts10o.00) each, and the time when and the condi- tions under which said capital stock shall be issued and paid for is in installYents as called by the Board Of Directors. or immediately upon making subscription therefor. The capital stock of this corpora = ton may be issued in exchange for cash. services or property upon such conditions as may be determined by the Board of Directors who shall have full discretion and authority to fix the value of property or SCI vices in exchange for which such stock may be issued.
 The capital stock of this corpora ton and each and every share there of shall be. and is hereby made for ever non -aSsessable and shall be paid for in full at not less than its par | value before being issued.
 all t, vote at all meetings of the corpora tion. either in person or by proxy. ARTICLE V.
 The time of the commencement oi this corporation shall be upon the cate of the filing of these articles ir the office of the Corporation Com mission of the State of Arizona, and certified copy thereof recorded ir the office of the County Recorder o Maricopa County in said state. and it's termination. twenty-five years thereafter. Provided, however. tho endurance of such corporation may be renewed from time to time for ( period not exceeding twenty-five years, when three- fourths of tht votes cast at any stockholders meet ing duly called and held for tha
 purpose shall be in favor of Sucl renewal.
 ARTICLE VI. The affairs of this corporation } shall be conducted by Board of Di rectors composed of not less thai : three nor more than five persons ) who shall be elected from among tn , stockholders at the annual meetin,
 of the stockholders. The followinl shall constitute the Board of Direc tors until their successors are elect etl and qualified, to-wit Dwight E Heard. Barry M. Goldwater and Will jam H. BrOphv.
 The officers of this corporation
 shall be a President, Vice-Presiden
 Secretary and Treasurer, who sha
 be elected by the directors at thei
 first meeting to be held immediatel : after their election or appointmer | and shall hold office for one yea 2 or until their successors are electe
 and qualified. Officers and director . oeasing to be stockholders shall ceas f to be officers or directors of thi
 corporation
 Alx