Arizona republican., 1916-12-10

PRESENTS, that we, the undersigned, | having associated ourselves for the | purpose of forming a corporation under | the laws of Arizona, do hereby adopt | the following / articles of incorpora- ! tion:
 ARTICLE l. The incorporators are: Robert F. Daniels whose post office address is Washington, b C.; David S Rose, whose post office address is Washington, D. C.; and P. E. Murphy, whose post office address is Washing ton, D. C., and the name of the cor poration shall be CHINESE -AMERl- CAN ANNEXATION COMPANY Its principal place of business within Ari- zona will be at Phoenix, Maricopa ! County, Arizona but other offices may be established and maintained within or outside of Arizona at such places as the Board of Directors may designate where meetings of stockholders and the Board of directors may be held and any and all corporate business tran sacted
 l ARTICLE II. The general nature of the business proposed to be transacted 1 is as follows, to wit: To construct, ! lease. charter. purchase or sell and to l operate sailing vessels steamships, | steamboats. motor ships tug boats, 1 tenders. barges, launches, and all other 1 description of water craft on the high ] seas and all the oceans of the earth, in- cluding all passages between oceans and seas whether provided by nature ,jr constructed by man; to use and operate such water craft thereon aux Hilary to any of the objects or purposes of this corporation, or for the carriage ! of freight and passengers for hire l OT Q O charter to other persons, corporations ] or communities, and to that end to eX- ercise all the rights and privileges and l 10 be subject to all liabilities of a com ! mon carrier; and to lease purchase build. own, erect, acquire, operate and use any and all docks, wharves, ware houses, and everything whatsoever f necessary, proper or convenient to the carrying on of the said business and to do any and all things usually belonging or incident to the carrying on Of the transportation business by water craft of all kinds.
 To own and control letters patent and inventions, and shares, of it's own capi- tai stock and that of other corporations, and to vote any shares of stock Of
 other corporations owned by it the
 same as any person might do; to bor- ! fON money ana 10 issue DOnUS, notes,
 debeHtures, mortgages, and other evi-
 dences of indebtedness and secure pay
 ment of the same by deeds of trust, or
 otherwise. as may be convenient or
 proper and in general to do and per-
 form such acts and things, and tran sact such business in connection with
 the foregoing business not inconsistent
 with law in any part of the world. as
 the Board of Directors may deem to be : 10 the advantage of the corporation.
 ARTICLE III. The amount of the
 capital stock, authorized, of this cor [ poration is ten millions dollars, gold , (Sl0.000. 900 00), divided into one hun
 dred thousand OO0,000) shares of the
 par value of one hundred dollars
 t$l00.00). each. and the said author
 ized capital stock is hereby classified
 and is divided into two classes, as fol-
 lows:
 Five millions dollars. (s5,O0O, COG. .OO Of said authorized capital stock. divided into fifty thousand tJ0,000) shares oi
 the par value Of one hundred dollars
 'Si00.00l, shall be the Preferred Stock
 and snail constitute one class. ant
 shall enjoy and be entitled to tn,
 preferences but be at all times subjec
 to tEe terms and conditions hereinaftel expressed; and
 Five millions dollars (s5,000, 900 00)
 of said authorized capital stock. di = vided into fifty thousand $50, 900
 shares. of the par value of one hundre,
 dollars. (Sl00.00), each, shall be com
 mon stock and shall constitute tn
 second class
 All of the aforesaid preferred Stocl
 shall enjoy and be entitled to the fol
 lowing preferences:
 l. To have receive and be paid (ou
 of the profits of the business of sait
 corporation properly and legally an . picable to the payment of dividends
 annual dividends of seven per centun | GfD upon the par value of all sucl
 preferred stock outstanding for tn time being
 , 7. To have all unpaid annual divi dends accumulate until paid. Tn { common stock shall not be entitled tr be paid any dividend in and for an, - year until all earned dividends upoi
 said Preferred Stock shall have beei
 paid: but. after payment of the divl - dend upon the Preferred Stock. and al
 accumulations up to any time. tn @ balance of the profits then remaininl n may be paid q dividend to all com 3 mon stock then outstanding. for tn e time being, or such balance may b ! 1 applied and carried to surplus. ,. In case said corporation shall be
 come insolvent or bankrupt or. for an reason. shall go into the hands of re -- ceifer, so that it's assets shall be legall q marshallcd and distributed the sai ' preferred Stock outstanding for tn a time being. shall tbefore the commo n stock shall receive or be entitled to re f ceive anything from said assets). b
 entitled to be paid in full from sai assets, if said assets shall be suf = ficient therefor, when and after whic
 the balance of said assets shall be dis ,. tributed to said common stock, ratably 1. and 1T said assets properly applicabl f thereto. shall not he sufficient to pa
 said outstanding Preferred Stock. i f full. the same shall be paid to and ap : piled upon said Preferred Stock the
 outstanding. ratably.
 1. To issue, sell and dispose of sai n Preferred Stock, as an entirety or if tn
 Board of Directors shall so decide, { , divide the same into Series, and desig ' nate them by consecutive numbers. c T such amounts. respectively. and wit s conditions. terms, and provisions to b ;, fixed by the Bylaws or by resolution f of the Board of Directors. or in sue . other manner as the Board of Direct
 ors by resolution shall adopt. provided
 however that the aggregate amount c \. all of said Series shall in no event ex l. ceed the aforesaid total amount C 2. Preferred Stock above provided for: { if appoint trustee or trustees for tn = whole of said Preferred Stock. or fo
 any Series thereof, for such purpose
 as the Directors may designate and {