The Parker post., 1916-10-14

puluDCu ,CUuSuuCll Ll6ICduLllG, Hall
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 Of
Arizona.
To enjoy all the privileges and i'm
munities and to do all things permit
t d and to 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 eXpedlent
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-
vAsable 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
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
lied shall be One Million Dollars
($1, ,00O 000.00), divided into One Mil
| lion Q,000,000) shares Of the par val
lie of One Dollar ($1.0O) each, and
| the same when ISSUED shall be fully
paid and worcestershire. All or any
portion of the capital stock of this
| Corporation may be issued for cash
| CT in payment for real Or personal
property, services rendered, or for
any other right or thing CT 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
! be paid in and it's shares issued shall
be as the Board of Directors shall de
termine and require.
ARTICLE "
The time of the commencement of
| this Corporation shall be the date of
the filing 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
period Of not exceeding twenty-five
! (25) 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
no in1 nnf
ing duly called and legally conducted
for that purpose, if previous notice
to stockholders has been given for
that purpose at least thirty 900 days
previous to the holding of said meet
ing.
ARTICLE 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
not less than five (5) nor more than
nine CD directors, each of whom
shall be a stockholder. Any director
ceasing to be 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-
cemlber 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