Arizona republican., 1915-01-19
Arizona Republicans Editorial Page

preferred stock of the par value of One Hundred Dollars ($100) a share The entire stock is to be paid up within ten years from the date of filing hereof with the corporation commission in property, cash or ser vices at their fair valuation.
 ARTICLE V. %
 The names and places of residence and post office addresses of the in corporators are as follows:
 George Ii. Proctor, Granite Springs, Westchester, County, New York.
 George H. Proctor, Jr., Granite Springs, Westchester County. New York
 ARTICLE VI.
 The time of the commencement of the corporation shall be the day these Articles are filed in accordance with law, and the termination thereof shall be twenty-five (25) years there after, with privilege of renewal as provided by statute.
 ARTICLE VII.
 The affairs of this corporation shall and the following named shall con- stitute the board of directors until their successors are elected:
 George Ii. Proctor, Granite Springs, Westchester County. New York
 George H. Proctor, Jr., Granite Springs, Wcstchester County. New York
 Thereafter the board of directors shall be elected at the annual stock holders meeting to be held on the second Monday of January, of each year, commencing with the year 1915. The number of directors to consti- ute the board shall be fixed by the bylaws.
 ARTICLE VIII.
 The directors have power to adopt and amend bylaws for the govern mcnt of the corporation, to fill vac ancies occurring in the board from any cause, and to appoint an EXecu- tive Committee and vest said com mittee with all the powers granted the directors by these Articles. A di- rector need not be q stockholder. ARTICLE K
 The highest amount of indebted ness, direct or contingent. to which any one time shall be Six Million Dollars Cs6,O00, ,00000)
 ARTICLE K The private property of the stock holders and officers of the corpora ton shall be exempt from all corpor- ate debts of any kind whatsoever. ARTICLE NI. In furthcrance and not in limita- l tion of the powers herein set forth said corporation shall have the righ and power
 (O To manufacture, purchase ol sell, pledge, transfer, or otherwise dispose of, goods, wares, merchandise and property of any and every class and description.
 f (b) To acquire the good will rights and property of any person firm, association or corporation, and to pay for the same in cash, the stock of this company, bonds ol otherwise, and to hold or in any man. ner dispose of the whole or any part of the property so purchased. Co To conduct in any lawful man ner the whole or any part of the bu- .siness so acquired. provided such bu- siness is within the authorization oi the Business Corporations Law, anC to exercise all the powers necessary or convenient in and about the con- ducting and management of such bu- siness.
 (d) To buy, sell, lease, hold ol improve real estate, fixtures and per sonal property so far as the samt may be necessary or convenient ol advantageous in connection with tht conducting of the general business O ] the corporation.
 l (e) To apply for obtain, register l purchase, lease or otherwise acquire and to hold, use, own, operate anC 1 introduce, and to sell, assign, O otherwise dispose of any trademarks 1 tradcnameS, patents, inventions, i'm 1 provements and processes based il connection with or secured undc letters patent of the United States or elsewhere.
 C) To use. develop. grant license in respect of. or otherwise turn to ac { count any such trademarks, patents l processes and the like, or any sucl i property or rights, provided alway that the terms use" and operate shall not be deemed to include m. ! business except such as is permitte' ! by the Business Corporation law. ! 3 To purchase. acquire, hold an' dispose of the stocks, bonds, and SC curities of any corporation, domesti or foreign. including the stock an, bonds of this corporation anG issu in exchange therefor it's stock, bonds or other obligations, and, while own CT of any such stock, bonds or othe securities to possess and exercise il respect thereof, all the rights, powers and privileges of individual owners 0 holders thereof, and to exercise an and all voting power thereon. | tCh) To guarantee the payment O | bills dnd notes, and the payment O ~>N>oooooooocoo>oc o>ocoo>co>o>reoo-~o