Arizona republican., 1916-05-26
PAGE ELEVEN

ourselves together and form a Cor poration under the laws of Arizona. and adopt the following Articles of Incorporation.
 ARTICLE I
 The name of the Corporation is Chambers Transfer and Storage Com pany and its principal place of trans acting business in Arizona is Phoenix. Offices may be established, business transacted at such places within or outside the State of Arizona as the by laws shall provide
 ARTICLE II
 The general nature of the business to be transacted is as follows: To do a general transfer, drayage, storage and warehouse business and every thing pertaining thereto; To purchase, lease. own or otherwise acquire, main tain and operate trucks, trucks, drays, wagons. horses and any and all kinds of horsedrawn, or motor-driven vehicles for the uses and purposes Of the Corporation; To purchase. buy, lease or otherwise acquire, operate and maintain warehouses and storage rooms for the storing or warehous- ! ing of any and all kinds of freight. | goods, wares and merchandise of every description, and to let, lease or demise the same to persons or Cor porations; To purchase, own. buy. lease, or otherwise acquire and to deal in real estate and personal property of every kind and description, and to sell, lease or otherwise dispose of the same: To own and control shares of it's own Capital Stock and that of other Corporations and to vote any stock owned by it the same as a natural person might do: To issue bonds, notes, debentures and other evidences of, indebtedness and secure the payment of the same by mortg- age, trust, deed or otherwise; To bor
 row and loan money and in general
 to do and perform such acts and
 things, and transact such business in
 connection with the foregoing objects not inconsistent with the law in any
 part of the world as the Board of Di- rectors may deem to the advantage of
 the Corporation.
 : ARTICLE III
 The Capital Stock of the Corpora ton shall be Twenty Thousand Dol
  of the par value of one Hundred Dol l lars each, which shall be paid in at
 such time as the Board of Directors may designate in cash, real or per-
 sonal property, services, lease or any s other valuable right or thing for the uses and purposes of the Corporation, d and all shares of the Capital Stock y when so issued shall thereupon and . thereby become full paid the same as paid for in cash at par and shall be
 non assessable forever, and the judg-
 ment of the Directors as to the value 1T of any property right or thing ac- e quired in exchange for Capital Stock T shall be conclusive.
 a ARTICLE " $ The time of the Commencement of T. this Corporation shall be the date of ;t the issuance to it of Certificate Of ~ Incorporation by the Arizona Corpora L. tion Commission and the termination '- thereof shall be twenty-five years ie thereafter. with privilege of renewal perpetual succession as provided by law. io ARTICLE V ol The affairs of this Corporation shall l' he conducted by a Board of Directors U, consisting of not less than three nor o- more than five to be determined by ie the Bylaws of the Company. The iu Directors shall be elected by, and from oi among the stockholders of the Com Ill pany on the first Tuesday in March LII of each year beginning in 1917. Un- III til their successors are elected an6
 qualified the following named per
 sons shall be the Directors: t- +. W. Chambers, Phoenix. Ariz ~ F.. T. Hooper. Phoenix, Ariz. W oI R. c. Shiflet. Phoenix. Ariz. oo ARTICLE VI A., The President and Secretary of this Al Company, or either of them. are au. | thorized to sell. transfer and convey " ""e or mortgage, any and all real or per 'e sonal property of this Company. upor
 such terms and conditions as the,
 may deem for the best interest of tn, ." Company: and are further authorized .a and empowered to make. execute ant ns dellver for and on behalf of the Com VI pany all deeds and mortgages of ant upon the property now owned by thi =. Company. or which may be hereafte ~ acquired, also to execute assignment and releases of mortgages and lease ;o, and to satisfy and discharge any am s all such instruments when they hay ho been paid or satisfied. .. ARTICLE VII a, The Directors shall adopt bylaw c;- for the government of the Corpora h,, tion and may amend the same. The shall have power to fill vacancies ltil 'iie ooaiu run any cause anu .o ap ho point from among their own numbe on an Executive Committee which, { ,,v the extent provided by resolution ( ate by said bylaws, shall have and ey all ercise the powers granted the DireC oid tors by these Articles.
 ARTICLE VIII
 Tie highest amount of indebtednes ,ed or liability to which the Corporatio the is at any time to subject itself TIT Thirteen Thousand Three Hundre ,13 Dollars.
 ,to ARTICLE TX re- The private property of the stoci be holders of this Corporation shall III. forever exempt from its Corpora s13. debts or obligations of any kind wha etc. soever. In Witness whereof we here
 affix our signatures this 3ISi1916. the H. W. CHAMBERS en- E. T. HOOPER
 D ~ CJIJET Lvr