Arizona republican., 1916-11-24

terest therein; to act as agents, trus-
 tees, brokers, or in any other fiduciary capacity; to charter. acquire and o2er- ate ships and all kinds of vessels, rail-
 road cars, or other modes of transpor- tation for shipping. exporting and inn porting it's own goods. but not for pub
 lie use, and in general to do and per form such acts and things and transact such business in connection with the foregoing objects. not inconsistent with
 the law. ia any part of the world, as the Board of Directors may deem to the advantage of the corporation. ARTICLE III.
 The capital stock of the corporation shall be Ten Million Dollars (sl0,000.- 900 .00l, divided into One Hundred Thousand shares 100000 of the par value of One Hundred Dollars (s100.00) each. which shall be paid in at such time as the Board of Directors may designate, in cash, patents. patent li censes. real or personal property ser vices. leases. options to purchase, or any other valuable rights or things, for the uses and purposes of the corpora tion and all shares of capital stock when issued in exchange therefor. shall thereupon and thereby become and be
 
 in cash al par. and shall be nonassess- able forever and the judgment of the directors as tO the value of any patents.
 patent licenses, property, right or thing acquired in exchange for capital stock
 shall be conclusive. ARTICLE ". The commencement of the corpora ton shall be the date of the issuance to it of a certificate of incorporation by the Arizona Corporation Commission, and 1t shall endure for the full term of
 twenty five (25) years thereafter. with privilege of perpetual succession as provided by statute ARTICLE V. The affairs of this corporation shall be conducted by a Board of not less | than five t5) or more than fifteen (l5) directors. to be determined by the by i laws of the Company. The directors
 shall be elected by and from among the stockholders of the Company on the 1 first Tuesday of December of each and every year until their successors are elected and qualified The following named persons shall be the directors of
 the Company:
 Names Residences and post office ad- l dresses.
 J. w. Eisenhuth. Los Angeles, Cali fornia
 i Frank. D. Mcclure Los Angeles, Cali i forna.
 1 F. $. Cary, Los Angeles, California; l C. ". Weidler Los Angeles. California;
 John Schneider, Los Angeles Califor- mia;
 l The directors shall elect a President Vice President, a General Manager. a
 Secretary. a Treasurer and such other ] officers and agents as the by y-laws may
 provide.
 ARTICLE VI.
 The directors shall adopt Jaws for i the government of the corporation and maS amend the same They shall have power to fill vacancies in the Board of Directors from any cause. and to ap 1 point from among their number an eX- ecutive committee which. to the extent 1 provided by resolution or by said by
 laws shall have and exercise the pow
 CTS granted the directors by these Ar
 ticles
 ARTICLE VII
 The highest amount of indebtedness or liability to which the corporation is
 at any time to subject itself is Six
 Million Six Hundred and Sixty-five Thousand Dollars ($6,665. .000.00). ARTICLE VIII.
 The private property of the stock holders of the corporation shall be for l ever exempt from corporate debts, ob 1 legations and liabilities of any kind l whatsoever.
 ARTICLE K. l This corporation hereby appoints,
 authorizes and empowers J. J. Sweeney 1 of Phoenix, Arizona, who for more than
 three years last past has been a bona l fide resident of Arizona. its agent. who
 may accept and acknowledge service of all necessary process or processes in i any action, suit or proceedings that may be had or brought against this i Company in any of the Courts of said State of Arizona. Such service or pro- cess or notice, or the acceptance there
 of by said agent endorsed thereon. shall | have the same effect as if served upon
 the President and Secretary of the ! Company.
 i IN WITNESS WHEREOF. we here
 to affix our signatures this 18th day of November 1916.
 (Signed) J. w. Eisenhuth, Los Angeles. California. (Signed) Frank D. Mcclure | Los Angeles. California.