Arizona republican., 1920-03-01
Legal Advertising

. UNITED STATES OF AMERICA
 STATE OF ARIZONA-SS , The Arizona Corporation Commis
 sion does hereby certify that the an
 neyed is a true and complete tran !, script of the
 ARTICLES OF INCORPORATION DWIGHT B. HEARD INvEsTMENl . COMPANY
 which were filed in the office of sait
 Arizona Corporation Commission ol the 31st day of December .a. D. 1919, a
 10 o'clock a. m., as providEd by law.
 Testimony Whereof, tie Arizona man, has hereunto set it's hand an6 affixed it's Official Seal. Done at the
 City of Phoenix, the Capitol, this 31s day of December A. D. 1919.
 ARIZONA CORPORATION COM | MISSION,
 AMOS A. BETTS. Attest: Chairman. ! A. E. STELZER.
 Secretary.
 ARTICLES OF INCORPORATION OF l THE DWIGHT B. HEARD INVEST
 MENT COMPANY.
 KNOW ALL MEN BY THESE PRES ENTS:
 That we, whose names are hereunto l subscribed, have this day associated | ourselves together for the purpose oi | forming a Corporation and becoming l incorporated under the laws of the State of Arizona. and for such pur- l pose do adopt, execute and acknowl- edge these Articles of Incorporation: ARTICLE l. The name of this corporation is DWIGHT B. HEARD INVESTMENT l COMPANY.
 l ARTICLE II. The names, residences and post of 1 fico addraSSoS 0f he ra a TO as follows:
 Dwight B. Heard, residing at Phoe- l 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;
 NJ. 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
 
 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- ating and managing ranches, farms. 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; telegraph and tele- phone lines; owning and operating au- tomobiles. trucks and other freight and passenger carrying vehicles, and gen. orally making all contracts and the acquiring and the transferring of prop erty with the same powers in such l 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. |
 This corporation shall also have | power to act, and may act. as executor. l or guardian of persons, | and estates.
 ARTICLE V.
 of stock of this corporation shall be Two | Fifty Thousand S250.000) | Dollars, divided into Two Thousand l Five Hundred (2.500) shares of the par value of One Hundred (s100) Dol lars each. The capital stock shall be | paid for at such times as the Board of Directors may by resolution direct. either in cash or by the sale and trans fer to the corporation of real or per sonal property, contracts, services. good wiH or any other valuable right or 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 or given for such "a pital stock, shall be conclusive.
 The holders of the stock of this shall be entitled to vote me same eltner Tn person or by proxy.
 (a) Stockholders in this corporation lesiring to sell or transfer their stock shall first submit notice thereof in writing to the secretary of this cor ooration, and the corporation shall hen have the option for the period of hirty days to purchase such shares, ,r such portion thereof as the corpo- 'ation may desire. at the value thereof IS fixed by the Board of Directors on he next preceding first day of Jan- lary, together with 8 per cent interest ,n such value from such date, to- ;ether with 10 per cent additional on l, uch fixed value. (b) Shares of stock owned by off, . CTS 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 he service of the corporation or be | discharged therefrom, at price equal O the value thereof as fixed by the Board of Directors on the next pre- eding first day of January, together with per cent interest on such value rom such date. together with 10 per ent additional on such fixed value. Co In case of the death of any