Arizona republican., 1914-08-26
ARTICLES OF INCORPORATION OF THE PHOENIX HARD.
 WARE COMPANY

KNOW ALL MEN BY THESE
 PRESERVES:
 That we, J. B. Long end J. w. Long. of Maricopa County, Arizona, desiring to incorporate ourselves and become incorporated under the pro- visions of the laws of the Territory of Arizona, for the purpose of en- gazing in the lawful enterprises, busi- ness and occupation hereinafter spe- cified, do make adopt, sign and ac- knowledge according to law these Ar ticles of Incorporation.
 ARTICLE I.
 The names of the incorporators are J. B. Long and J. w. Long.
 The name adopted by this corpora tion and by which it shall be known in all of it's affairs is the
 "PHOENIX HARDWARE CO" and it's principal place of transacting business is and shall be the City of Phoenix. in the County and Territory aforesaid, but it shall have the right to transact it's business in such other place or places in said Territory as the Board of Directors may here after from time to time designate. ARTICLE II.
 The general nature of the business proposed to be transacted by this corporation and in which it is to en- gage is that of doing a general hard ware and implement business, buying and selling all kinds of merchandise and real and personal property of every kind and character and descrip- tion; borrowing money and contract ing to pay the same at such time or times and at such rate of interest as it's Board of Directors may deem ad visable, and to secure the payment of the same by mortgage, pledge, or otherwise, on any or all of the prop erty of the corporation; and to trans act any and all kinds of business that may be transacted by a natural person
 ARTICLE IT.
 The amount of the capital stock authorized by this corporation is Fifty Thousand Dollars (s5O,OO0). II shall be divided into five hundred | (500) shares and the par value of each share shall be One Hundred Dollars ($100). The times when and the conditions upon which it shall be paid are as follows: The whole thereof within thirty (3O) days after 1 the same has been subscribed for provided that the Board of Directors of said Company may accept mer- chantable hardware at such prices as they may deem proper in part or full payment for any subscription to the stock of this corporation.
 ARTICLE ".
 | The time of the commencement o this corporation shall be the 18th day of March, 1907, and it shall endure for a period of twenty-five (25) year. thereafter. And said corporation shall commence the transaction of tht business for which it is incorporated as soon as ten per cent of the capita stock has been subscribed for. l ARTICLE V.
 The affairs of this corporation shal be conducted by Board of Director: consisting of three stockholders wht shall be elected annually by the stock holders from among their number a the annual election thereof to be helt in the office of the Company a Phoenix, Arizona, on the first Tues day in November in each year here after at the hour of 10 o'clock A. M and until the first annual meeting o said stockholders, the following nam ed persons who are subscribers t' the capital stock of this corporation shall constitute the Board of Direc tors, namely: J. B. Long, J. w. Lon. and M. Vest
 ARTICLE VI
 The officers of this Corporation shall be President, Secretary ant Treasurer, and such other officers a may be provided for by the bylaws The President shall be elected by tn lBoard of Directors from among thei number annually immediately afte the annual. meeting of the stockhold CTS. The other officers shall be elect ed by the Board at such time ant place as they shall designate, bu such other officers need not be mem bers of the Board of Directors.
 The Directors and officers of thi corporation shall hold their respectiv offices for one year from the date o their election and until their success ors are elected and qualified unles such director or officer shall cease t. be a stockholder in the corporation and in any such case such director O officer shall cease to be directo or officer in the corporation iron the date he ceased to be stockhoide therein; provided, that all officer who are appointed by the Board ma, l be removed by them at their pleasure