Arizona republican., 1915-03-01

| tiNluuinS tue TiSHt 10 manage estates.
 to act as agent, broker or attorney in l fact for any person or corporation, to
 make and obtain loans upon real estate. l improved and unimprove!, and to su- pervlse, manage and protect such prop
 erty and loans. and all interests or claims affecting the same: to improve.
 manage, operate. sell, mortgage, lease 1 or otherwise dispose of any property,
 real or personal, and take mortgages i and assignments of mort gages upon the | same.
 | (e) To make and enter into contracts pertaining to the business of the cor
 poration in all parts of the United 1 States. and in foreign countries: also l to apply for and obtain, accept and
 utilize. franchises and concessions from
 governments, states and municipalities
 in connection with the carrying out or
 the general purpose for which the cor poration is organized.
 In general, to do all of the things herein mentioned as fully and to the
 same extent as natural persons might i or could do, and in any part of the world having and exercising in these respects all of the powers conferred upon corporations of this class by the
 laws Of the State of Arizona: it being 1 hereby expressly provided that the I foregoing numeration of specific DOW
 CTS shall be construed both as objects
 and powers and shall not be held to limit or restrict in any manner the l powers of the corporatic:.. l ARTICLE III.
 The amount of capital stock of the | corporation shall be One Hundred
 Thousand Dollars ($100,00OO0) divided l into one hundred thousand 1O0,0OO) l shares Of the par value of One Dollar 1 tS1.o6) 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 I tracts, services, or other benefits ac- 1 cruing to the corporation as the Board , of Directors may in their judgment de- | termine
 ARTICLE ". | 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, and the said corporation unless re- newed. shall terminate twenty five (25) 1 years thereafter, but the same may be
 renewed from time to time as now pro- f vided by law so as to make the same perpetual.
 ARTICLE V.
 The affairs of this corporation shall
 be conducted by Board of not less | than five t5) nor more than nine (9). 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 I in January in each year. Said Direc- | tOrs.sWhen so elected. shall hold office
 until their successors are elected and qualified. and any vacancy in the Board shall be filled by election hy the re- l maining 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 rcscind the same. and. when I h. 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 fled, the following named persons shall constitute the Board of Directors of
 this corporation, viz:
 LeRoy Anderson. Robt. K Porter, F.
 P. Cruice, ?. G. Beckett, r. s. Viele, w. H. Archdeacon. NJ V. Watson, k. K
 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 land the same person.
 ARTICLE VI.
 The highest amount of indebtedness l fo hich the cornOra i0n shall nt any