The Parker post., 1916-10-28

lumber, construction, mercantile, man
ufacturing, foundry, hospital and san
itarium, commission, contracting
agency and brokerage business.
To cause this corporation to be
registered Or recognized, authorized
and empowered to establish, main
tain and operate one or more offices
or plants and to purchase, hold, own,
improve, use and operate, sell, as
sign, pledge, hypothecate, mortgage,
convey, or otherwise dispose of real
and personal property without limit
as to character and amount, any
where within or without the state oil
Arizona.
To enjoy all the privileges and inn
munities and to do all things permit
t ID and ito enjoy the benefits of all
laws now in force or THAT may here
after be enacted.
To do any and everything neces-
sary, SUITABLE proper or expedient
for the accomplishment of any and
all of the purposes and the attain
ment of the objects hereimbefore
enumerated, or which at any time
may be conducive, eXpedient or ad-
vtsable for the benefit or protection
of this Corporation and in general to
engage in any and all kinds of law
ful business and to make, perform
and enforce any and all kinds of con
tracts whatsoever and to do and per
form any and all acts that natural
person might or could do Or perform.
Amy and all of the things, objects
and purposes herein enumerated and
authorized to be done shall be done
and performed at such time or times
and at such place or places within
or without the state Of Arizona and
upon such terms and conditions and
for such considerations and in such
manner as the Board of Directors
shall from time to time determine e
and direct, and as may now or here
after be permitted or authorized by
law and not otherwise.
ARTICLE III.
The amount of capital stock author
,ized shah be One Million Dollars
($1 ,000,0 ,000.0O), divided into One Mil
lion l,O00,00O) shares Of the par val
ue OF One Dollar ($1.00) each, and
the same when Issued shall be fully
paid and non -assessable. All or any
portion of the capital stock of this
Corporation may be issued for cash
or IN payment for real or personal
property, services rendered, or for
any other right or thing Of value and
when so issued shall become and be
fully paid, the same as if paid for
in cash and the Judgment Of the
Board Of Directors as to the value OF
such property, rights and services so
acquired and rendered shall be con-
elusive and all of said shares OF stoc'
when issued, shall be issued as and
declared and considered to be fully
paid and shall be forever non-asses-
sable for any purpose whatsoever
The time when and the condition up
On which said capital stock shall
De paid in and It's shares issued shall
be as the Board of Directors shall de
termine and require.
ARTICLE ".
The time Of the comm encement OF
this Corporation shall be the date of
the filling of these Articles Of Incor-
poration in the office of the Corpor-
alton Commission of the state of Ar
izona and the filling of a certified
copy thereof in the office of the
County Recorder of Yuma county,
Arizona, and the termination thereof
shall be twenty-five (25) years there
after, but the term. thereof may be
renewed from time to time for a
period Ct not exceeding twenty-five
t25) years at any one time, perpetu-
ally when three-fourths (34) of the
votes cast at any stockholders meet
ing duly called and legally conducted
for that purpose shall be in favor of
such renewal. That the Corporation
may be dissolved at any time by a
majority vote Of the Issued and out
standing shares Of stock, at any regu
lar meeting, or at any special meet
Ing duly called and legally conducted
for that purpose, if previous notice
Ito stockholders has been given for
that purpose at least thirty (30) days
previous to the holding of said meet
ing.
ARTOLE V.
The affairs of the Corporation are
to be conducted by Board OF Direc-
tors and such officers as such board
shall create, elect and appoint, The
Board of Directors shall consist of
uot less than five (5) nor more than
nine co directors, each of whom
shall be stockholder. Any director
ceas1ng to be a stockholder, there
upon immediately ceases to be a di-
rector The directors shall be elect,
ed from among the stockholders, by
the stockholders at the annual meet
ing OF the stockholders, which shall
be held on the first Tuesday in De-
cember in each year in the manner
provided by the bylaws, or as may
be determined at such meeting and
the term of office of each director
shall be for one year thereafter and
UNTIL his successor shall be duly
elected, unless sooner removed by
vote Of a majority OF the issued
stock at any regular meeting, or at
any special meeting expressly called
for that purpose, notice of the hold
Ing and purpose of which meeting be
Ing duly given to the stockholders.
The number Of directors for the
current or succeeding year shall be
determined within the limits herein
prescribed by the stockholders hold
Ing the majority of issued stock at
any meeting OF stockholders or any
special meeting legally called and