Arizona republican., 1916-12-08

Trustees foi all of the Preferred Stock, or one or more Trustees for each
 Series, may be appointed and there
 may be different Trustees for the sev- eral Series. or the same Trustee for all of the Series, as the Board of Directors shall decide All Preferred Stock.
 whether as a whole or in Series, shall
 be the same. excepting that, if issued in Series, the certificates for each Series shall show the whole amount of | Preferred Stock authorized and the amount and serial number of the ! Series.
 1 ,. After three years from and after | the date Of the Certificate of Incorpor- | alton of this corporation, said corpora 1 ton, by resolution of it's Board of Di
 rectors. may, al any dividend paying I period call in pay off, cancel and re-
 tire said Preferred Stock. or any part
 thereof, out of the net profits or sur | plus of said Corporation then on hand. paying, at any time after that date, the full face value of said Preferred Stock ! md all unpaid dividends up to time of 1 payment. and if said Corporation shall
 not have sufficient net profits or sur
 plus to pay all of said outsta ndinS Pre-
 ferred Stock, and unpaid dividends, but
 shall, at any time after said date have
 sufficient net profits or surplus to pay
 a portion thereof then said corporation
 may call in, pay and retire such portion
 of said outstanding Preferred Stock
 and unpaid dividends as it may from
 net earnings and surplus on hand, and
 the right so to do shall be reserved in the Certificates for said Preferred Stock.
 G. Whenever preferred stock shall be
 paid and retired the Certificates there
 for shall be cancelled and the amount
 of the capital stock of said Corporation
 shall thereupon be reduced by an
 amount equal to the face value of the
 Preferred Stock so paid and retired.
 [. All Certificates and Preferred Stock shall have the words Preferred Stock" made to plainly appear upon the face thereof. and. if issued in , Series. the number of the Series. and preferences hereby created shall be printed upon the face or endorsed upon or attached to all said Certifi-
 ,ates and shall be referred to upon the l face thereof
 g. All Certificates for common stock shall have the words Common Stock [ appear upon the face thereof. g. All outstanding Preferred and
 Common Stock for the time be7ng,
 shall have equal voting rights.
 ARTICLE N The commencement
 of the Corporation shall be the date of issuance. to wit; of a Certificate of In corporation b. the Arizona Corporation
 Commission, and 1t shall endure for he full term of twenty-five (25) years
 therefrom. with privileges of perpetual
 succession. as provided by Statute
 ARTICLE Y. The affairs of the Cor poration shall be conducted by Board
 of Directors, and such officers as the said Directors may elect or appoint
 The number of Directors shall be de-
 signated by the Bylaws. and shall be
 elected from among the stockholders at . their annual meeting. to be held on the , first Monday. at the hour of one QD o'clock in the afternoon of that day, in the month of January. of each and every year from and after the year of
 i9i7 Until the first annual meeting of ] the stockholders and until their sue q cessors shall have been elected and f qualified. the following named persons B. shall he officers and Directors, to wit: . DIRECTORS:
 d Robert E. Daniels, P. O. address, e Washington. D. C.. F. E. Shaver. r. t o. address, Washington D. C.; Frank r lin l.. Fletcher. P O. address, Washing
 ton. D. C.. P. B. Murphy, P. O. address, |. Washington. D C.: David S Rose, r. - V. dAGitSN. VI aSllllit Ath. IL V. ) GENERAL OFFICERS: d President. Robert E. Daniels; Vice - President. E. Shaver; General Man. e ager. Richard Chicott; Resident Sec
 retary. Vic l.. Hanny: Secretary. P. B. k Murphy; Treasurer. Franklin F.. . Fletcher, General Counsel. David $.
 Rose
 t ARTICLE VI The Directors shall d have power to adopt, amend and re- To scind Bylaws. to fill vacancies occur ]. ring in the Board from any cause. and n io appoint from their own number an h Executive Committee and to vest said e committee with all the powers granted
 the Directors by these articles. - ARTICI F VII. The highest amount e of indebtedness or liability to which the o corporation may at any time subject Y itself is Threc Million Three Hundred n Thousand Dollars. (s3.3 300.000.00). n ARTICLE VIII. The private prop . erty of the stockholders O. the corpora II ton shall be forever exempt from it's e debts or obligations.
 2 ARTICLE K. This corporation does - hereby appoint Vic F. Hanny, of Phoe- e nix. Arizona, who has been bona fide Q resident If Arizona for at least three
 tS) years, it's lawful Agent in and for l. the State of Arizona for and in behalf oi ostlQ AOiiiluiNs ip dNNNRN p.tN' - acknowledge services and upon whom V may be served the necessary process d or processes in any action. suit or pro c ceedlng that may be had or brought n against said Company in any of the - courts of said State of Arizona, said e service of process or notice of the ac- d ceptance thereof by said Agent en- . dor sed thereon to have the same force h and effect as though served upon the l. President and Secretary of said Com !: pany.
 e IN WITNESS WHEREOF. we here V unto affix our signatures and seals this n Fist day of November, A. D., 1916. l. The word steamship" in the 12th n .ine was erased and the word "Navi-
 gation" was substituted in place there q of before this instrument was exc Q cutod.
 Q ROBERT E. DANIELS, (SEAL) = DAVID $. ROSE, (SEAL) if P B. MURPHY. (SEAL) h 1 UNITED STATES OF AMERICA Q DISTRICT OF COLUMBIA, ss & CITY OF WASHINGTON
 h Before me, N. NJ. L. Jenkins. notary = public in and for tbe said District of l. Columbia, on this day, personally ap- f peared Robert F. Daniels David $. . Rose and r. B. Murphy, known to me f to he the persons whose names are sub O scribed to the foregoing instrument. e and acknowledged to me that they eX- F ecuted the same for the purposes and x consideration therein expressed. Given a under my hand and seal of office at the