Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1914-12-29

chase and sell or lease machinery of
all kinds and other supplies design
ed or proper for use in the reclama-
ton and irrigation and cultivation
of lands; to supply power for the
operation Of pumps for irrigation
works or for the supply of water
| for domestic. stock or manufacture
ing and other uses and purposes;
to acquire, own and hold, by pur-
chase, exchange or acceptance in
payment or exchange for use of
construction and the furnishing of
machinery. tools, material. supplies
or appliances used in the construc-
ton of irrigation plants; to acquire
by purchase or otherwise, shares,
notes, bonds or other money or pro-
perty obligation or obligations of
other corporations, and sell. barter,
exchange or hypothecate the same
to conduct such business or any
part thereof in this state and in
any other state territory or country
and finally to do, everything needful,
proper and convenient in the ac-
complishment of its said purposes
ARTICLE V.
The Capital Stock of this corpora
ton shall be Two Hundred Thousand
: $500 100000 Dollars, divided into
, two thousand (2,0OO) shares of One
Hundred (s100.00) Dollars each
which shall be paid for III cash OF
) in property at such times and in
such manner as the Board of Di-
, rectOrs may designate.
All or any portion of the Capital
Stock may be issued in payment for
real or personal property, services OF
other right or thing Of value for
the uses of the corporation, and
} when SO issued such stock Shall be-
: come and be full paid up; and the
Directors shall be the sole Judge OF
the value of any property, right OF
thing, acquired in exchange for OF
purchase of the stock of this cor
lporation.
No shares of the Capital Stock
shall be issued until fully paid for
and after issue shall forever be non
: assessable.
ARTICLE VI
The date of the commencement OF
the corporation shall be the date
upon which a Certificate of Incor
poration shall be delivered to it BY
the Corporation Commission of this
state and shall endure for the pc
riod of twenty-five years next here.
after, reserving the rights of re-
al thnpa
law.
ARTICLE VII.
The affairs of this corporation
shall be conducted by a Board OF
Directors to consist of four mem
bers. President. Vice President
Secretary and Treasurer.
The following named persons con
= stitute such board and the Officers
y of this corporation until their sue
cessors are chosen and qualified:
John Schrock, ]. r. Detweiler
Eugene Kelly and C. H. Rittenhouse
and John Schrock shall be President
]. r. Detweiler shall be Vice Presi-
dent, c. H. Rittenhouse shall be
Secretary and Eugene Kelly, Treas
{ urer
A majority Of such directors shall
constitute a quorum.
The Board of Directors shall b,
elected hereafter annually from
among the stockholders at a meet
ing of the stockholders, which meet
ing shall be held on the first Mon.
4 day OF January in each recurring
year hereafter.
ARTICLE VIII
The Board of Directors shall hav,
|, power to adopt, amend, rescind ant
repeal Bylaws. to appoint the 9th
er officers of the corporation, to fill
. vacancies occurring in the Board O
9 Directors or in any of the office
n of the corporation and to exercs
f such other powers as may be neces
sary in the transaction of the bust
ness of the corporation.
ARTICLE TX.
The highest amount of indebted
ness or liability to which the cor
roration may subject itself is on
Hundred and Thirty Thousan
4 CS130, 000.00) Dollars
ARTICLE X.
Inv PiA'o'N piOpCiiy VI the SlbCh
q holders of the corporation shall b
exempt from liability for its debt
= or obligations.
IN WITNESS WHEREOF. W
have hereunto set our hands thi
4 18th day of December, 1914.
JOHN SCHROCK
EUGENE KELLY
j. r DETWEIIEP
4 c. H. RITTENHOUSE.
STATE OF ARIZONA,
County of Maricopa, SIS.
Before me, Ethol Frost, Notar
8, Public in and for the State an
County aforesaid, on this dav per
sonally appeared John Schrock, Eu
gene Kelly, ]. r. Detweiler and {
3 H. Rittenhouse, known to me to b
the persons whose names are sub
: scribed to the foregoing instrumen
>. and acknowledged to me the. ,:.e
. executed the same for the purpose
and considerations therein expressed
GIVEN under my hand and SCI
of office this 18th day of Decembei
:. A. D. 1914.
ETHOL FROST.
4 (ScaD Notary Public
My commission expires February .
1916.