Arizona republican., 1920-02-29
Legal Advertising

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 ARIZONA CORPORATION COM MISSION
 UNITED STATES OF AMERICA, 1 STATE OF ARIZONA-SS
 The Arizona Corporation Commis sion does hereby certify that the an- nexed is true and complete tram 1 script of the
 | ARTICLES OF INCORPORATION | DWIGHT B. HEARD INVESTMENT COMPANY
 which were filed in the office of said 1 Arizona Corporation Commission on i the 31st day of December A. D. 1919, at | 10 o'clock a. m.. as provided by law. Testimony Whereof. the Arizona l Corporation Commission. by its chair ] man. has hereunto set its hand and affixed it's Official Seal. Done at the City of Phoenix the Capitol, this Bis day of December. A. D. 1919. ARIZONA CORPORATION COM
 MISSION,
 AMOS A. BETTS. Attest: Chairman. A. E. STELZER.
 Secretary.
 ARTICLES OF INCORPORATION OF THE DWIGHT B. HEARD INVEST MENT COMPANY.
 KNOW ALL MEN BY THESE PRES
 ENTS:
 That we. whose names are hereunto subscribed, have this day associated ourselves together for the purpose of forming a corporation and becoming incorporated under the laws of the State of Arizona, and for such pur- pose do adopt, execute and acknowl- edge these Articles of Incorporation:
 ARTICLE I.
 The name of this corporation is DWIGHT B. HEARD INVESTMENT COMPANY.
 ARTICLE IT.
 The names, residences and post of flee addresses of the incorparators are as follows:
 Dwight B. Heard, residing at Phoe nix, Maricopa County, Arizona, and whose post office address is Phoenix Arizona.
 Geo E. Lilley, whose residence is Phoenix, Maricopa County, Arizona, and whose post office address is Phoe- nix. Arizona:
 M B. Heard whose residence is Phoenix. Maricopa County, Arizona. and whose post office address is Phoe- nix, Arizona.
 ARTICLE III.
 The principal place of business of this corporation shall be at the City of Phoenix, in the County of Mari copa, and State of Arizona. but branch offices may be established and maintained at such other place or places as the Board of Directors may from time to time determine or as needs of this corporation may re- quire.
 ARTICLE ".
 The general nature of the business proposed to be transacted by this cor poratiOn is buying, selling, leasing or otherwise dealing in real estate; oper- ati nd oeri,a fQ city and suburban property, stores. warehouses, office and other buildings; constructing and erecting dwellings, stores, warehouses and other buildings and structures, buying and selling, storing and dealing in merchandise, farm products and other property; operating and managing cattle and sheep ranches and ranges and the animals thereon. and feeding, shipping and marketing live stock; buying and selling notes, bonds. mortgages, deben lures and commercial paper, whether issued by itself or others; loaning money: carrying on a general insur- ance agency business; buying, selling or dealing in the capital stock of this and other corporations and holding and controlling the same; acquiring, con structing. owning, operating and con- trolling canals, plants and systems for the carrying or distributing of water for irrigating. domestic. light, heat or power purposes: telegaph and te1e- phone lines; owning and operating au- tomobiles, trucks and other freight and passenger carrying vehicles, and gen. erally making all contracts and the acquiring and the transferring of prop erty with the same powers in such respect as private individuals now en- joy and the doing of all of said things | either for itself, or as the agent, | broker. trustee or manager for others. l
 This corporation shall also have | power to act, and may act, as executor, | or guardian of persons. | property and estates.
 ARTICLE "
 The authorized amount of capital | stock of this corporation shall be Two | Hundred Fifty Thousand S25O.000) 1 Dollars, divided into Two Thousand | Five Hundred (2.500) shares of the par value of One Hundred ($1o0) Dol | lars each. The capital stock shall be | paid for at such times as the Board | of Directors may by resolution direct, 1 either in cash or by the sale and trans | fer to the corporation of real or per | sonaf property, contracts, services, good | will, or any other valua ble right or i thing; and the shares when so paid | for and issued shall thereupon become and be fully paid and non-assessable. The judgment of the Board of Direc- tors as to the value of the property | or good will purchased, or services rendered. or other valuable right or thing. transferred given for such capital stock, shall be conclusive.
 The holders of the stock of this shall be entitled to vote the same either in person or by proxy.
 (a) Stockholders in this corporation desiring to sell or transfer their stock shall first submit notice thereof in writing to the secretary of this cor poration. and the corporation shall then have the option for the period of thirty days to purchase such shares, pr such portion thereof as the corpo- ration may desire, at the value thereof IS fixed by the Board of Directors on he next preceding first day of Jan lary. together with s per cent interest )n such value from such date, to- yether with 10 per cent additional on such fixed value.
 (b) Shares of stock owned by off ,ers and employees of this corporation 'hall be purchaseable by the corpora ion at it's option for a period of thirty lays following the date upon which he officer shall resign or be removed rom office or the employee shall leave