The Parker post., 1916-10-07

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 ito 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 OF
| Arizona.
To enjoy all the privileges and i'm
munities and to do all things permit
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 hereinbefore
enumerated, or which at any time
may be conducive, eXpedient or ad-
visable for the benefit or protection
/ of this Corporation and in general to
engage in any and all kinds Of law
full busin ess 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
Iperson 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
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
LIKED shall be One Million Dollars
($1 900, 100000, divided into One Mil
lion Q,0OO,00O) shares Of the par val
ue OF One Dollar ($1.OO) each, and
the same when Issued shall be fully
paid and non-asse sessable. 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 80 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
IacQuired and rendered shah 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 non1asses-
sable for any purpose whatsoever.
The time when and the condition up
on which said capital stock shall
4 be paid in and it's shares issued shall
be as the Board of Directors shall de
termine and require.
ARTICLE w.
a The time of the commencement of
this Corporation shall be the date of
the filling of these Articles of mcor-
pOration in the office of the Corpor-
alton Commission of the state Of Ar
izona and the filling of 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 Of not exceeding twenty-five
(25) years at any one time, perpetu-
ally when three-fourths (3-4) of the
votes cast at any stockholders meet
ing duly called and legally conducted
for that purpose shall be i'm 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
10 oh M al d0f
ing duly called and legally conducted
J for that purpose, If previous notice
to stockholders has been given for
that purpose at least thirty 900 days
J previous to the holding of said meet
ing.
ARTICLE V.
The affairs of the Corporation are
} to be conducted by a Board of Direc-
tors and such officers as such board
} shall create, elect and appoint. The
Board of Directors shall consist of
not less than five (5) nor more than
nine 90 directors, each of whom
shall be stOckholder. Any director
ceasing to be stockholder, there
upon Immediately ceases to be 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-
cemlber in each year in the manner
y 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 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
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