Arizona republican., 1920-08-14
Legal Advertising

stock and that of other corporations, and to vote any shares of stock of other corporations owned by it the same as natural person might do; to borrow money and to issue bonds, notes, debentureS and other evidences of indebtedness and secure the pay ment of the same Dy mortgage, deed of trust or otherwise; to act as agent, trustee, broker, or in any other fidu- ciary capacity; and in general to do and perform such acts and things and transact such business in connection with the foregoing objects, not incon- sistent with law, in any part of the world, as the board of directors may deem to be to the advantage of the corporation.
 ARTICLE III
 The capital stock of the corporation shall be Ten Thousand Dollars (S10.- 00000), divided into one hundred shares of the par value of One Hundred Dollars (s100.00) each, which shall be paid in at such times as the Board of Directors may designate, in cash, real or personal property, services. lease, option to purchase. or any other val uable right or thing, for the uses and purposes of the corporation. and all shares. of capital stock, when issued ] in exchange thereof shall thereupon and thereby become fully paid the same as though paid TOT in cash at par, and shall be non -assessable forever, and the judgment of the directors as to the value of any property, right or thing acquired in exchange for capital stock be conclusive.
 ARTICLE w The commencement of the corpora tion shall be the date of the issuance to it of a certificate of incorporation by the Arizona Corporation Commits sion. and it shall endure for the full term of twenty five years thereafter. with privilege of perpetual succession as provided by statute.
 ARTICLE V. The affairs of the corporation shall | be conducted by a board of directors and such officers as the said directors may elect or appoint. The number of l bylaws and shall te elected from among the stockholders at their annual meeting to be held on the third Tues l day in July of each year. Until the first annual meeting of the stock 1 holders and until their successors have 1 been elected and have qualified, the following named personnel shall be the officers and directors: C. H. Jay, F. H. | Bowman and H. M. Myers.
 ARTICLE VI.
 The directors shall have power to adopt, amend and rescind bylaws, and fill vacancies occurring in the board from any cause, and to appoint from their own number an executive com mittee and vest said committee with may at any one time subject itself Is Six Thousand Dollars.
 ARTICLE VII
 | The highest amount of indebtedness or liability to which the corporation may at any time subject itself is Six Thousand Dollars.
 Il ARTICLE VIII T The private property of the stock holders shall be forever exempt from it's debts or obligations.
 ARTICLE K
 This corporation does hereby appoint Frank R. Stewart, IT West Adams Sstreet, Phoenix, Arizona, who has } been a bona fide resident of Arizona for at least three years, its lawfu agent in and for the State of Arizona i for and in behalf of said company, tC accept and acknowledge service of anC upon whom may be served, all neces sary process or processes in any action suit or proceeding that may be hat or brought against the said compan. in any of the courts of aaid State o . Arizona, such service of process O notice or the acceptance thereof b. said agent endorsed thereon, to hav' the same force and effect as if serve' upon the president and secretary o said company.
 IN WITNESS WHEREOF, We here f to affix our signatures and seals thi a Sd day of July, A. D. 1920. . c. H. JAY (SEAL F. H. BOWMAN (SEAL H. NJ. MYERS (SEAL I STATE OF OHIO,
 4 l COUNTY OF FRANKLIN-ss I Before me, s. s. Allen. Jr.. a notar
 public in and for the State and Count }. aforesaid, on thi- day personally ap f peared c. H Jay, F. H. Bowman an 2 H. NJ. Myers. known to me to be tn
 persons whose names are subscribe i. to the foregoing instrument, and ac # lxnowledged to me that they execute If the same for the purpose and consid = eration therein expressed.
 Given under my hand and seal of ot I. flee this 3rd day of July. A. D. 1920. s $. s. ALLEN, JR.,
 Notary Public. If My commission expires on the 22n = day of March, 1922.