Arizona republican., 1915-03-03

sSio We SOiioti uCu poti as ODJCSlS
and powers and shall not be held to
limit or restrict in any manner the
powers of the corporation.
ARTICLE Ill.
The amount of capital stock of the
corporation shall be One Hundred
Thousand Dollars (s1OO, 100000 divided
into one hundred thousand 100000
shares of the par value of One Dollar
(s1.00) each, which when issued. shall
be fully paid and non assessable. Said
capital stock shall be issued upon such
terms and conditions and at such times
as the Board of Directors may deter
mine or prescribe, and the same may be
issued in exchange for property, con-
tracts, services or other benefits ac-
of Directors may in their judgment de-
termine.
ARTICLE w.
The time of the commencement of
this corporation shall be the date when
the certificate of Incorporation is issued
to said corporation by the Corporation
Commission of the State of Arizona
newed, shall terminate twenty-five (25)
years thereafter but the same may be
renewed from time to time as now pro-
vided by law so as to make the same
perpetual.
ARTICLE V.
The affairs of this corporation shall
be conducted by a Board of not less
than five 60 nor more than nine 90,
who shall be elected from among the
stockholders annually at the annual
meeting thereof. The annual meeting
of the stockholders of this corporation
shall be held at the principal office of
the corporation at Phoenix, Maricopa
County, Arizona, on the last Tuesday
in January in each year. Said Direc-
tors, when so elected, shall hold office
until their successors are elected and
qualified, and any vacancy in the Board
shall be filled by election by the re-
naming members of the Board from
among the stockholders of the corpo-
ration, and any directors SO elected
shall serve until their successors are
elected
The Board of Directors shall have the
power to elect and appoint and define
the duties of the officers, agents and
employees of the corporation; at any
general or special meeting to adopt By
laws for the corporation or to amend,
repeal or rescind the same. and, when
authorized by the affirmative vote of
two thirds of the issued and outstand-
ing capital stock of the corporation,
convey, sell or otherwise dispose of all
of the assets of this corporation.
Until the first annual meeting of the
stockholders in January, 1916, or until
their successors are elected and quail
constitute the Board of Directors OF
this corporation, viz:
Leroy Anderson, Robt. K. Porter. F.
p. Cruice. p G.. Beckett, F. S. Viele, w.
II. Archdeacon, NJ V. Watson, r. x.
Minson and John NJ. Ross.
The officers of this corporation shall
be a President and Vice President,
Secretary and Treasurer, together with
such additional officers as the Board of
Directors may deem necessary; provid-
ed however, that the office of Secre-
| tary and Treasurer may be held by one
and the same person.
ARTICLE VI.
The highest amount of Indebtedness
to which the corporation shall. at any
time, subject ITSELF is Fifty Thousand
Dollars (s50,000.O0).
ARTICLE VII.
The private property of the stock
| holders and officers of this corporation
shall be exempt from all and any liza
| bility for it's corporate debts.
IN WITNESS WHEREOF, said cor
| porators have hereunto set their hands
and executed these presents this 18th
| day of February A. D. 1915.
| Leroy ANDERSON
| ROBT. X. PORTER
STATE OR ARIZONA
| COUNTY OF YAVAPAI: IS.
| This instrument was acknowledged
before me this 18th day of February
1915, by LEROY ANDERSON ant
ROBT. X. PORTER, who stated to me
each for himself and not one for the
other, that they executed the same as
| corporators of Las Palmas Verdes
Farms Company for the purposes and
consideration therein expressed.
| (Notarial SeaD RICHARD LAMSON
| Notary Public.
| My Commission Expires March 3
1917.
| Filed in the office of the Arizona
| Corporation Commission this nth day
of Feb. A. d. 1915 at 1000 A. NJ. al
request of ANDERSON & LAMSON
whose post office address is Prescott
Arizona.
| ARIZONA CORPORATION
| BY +. A. JONES,