Bisbee daily review., 1921-04-27

KNOW ALL MEN BY THESE PRESENTS:
 That we, the undersigned, have this day associated ourselves together for the purpose of forming corpora tion under the laws of the State of Arizona, and for that purpose do adopt, certify and acknowledge the following Articles of Incorporation: The name of this corporation shall be WARREN DISTRICT ATHLETIC CLUB; the name of the corpora tors, their residences and Post Office addresses are as follows: l.. A. Brown, Bisbee, Arizona. J. E. Morrison, Phoenix, Arizona, the principal place of business and of 1 flee of this company shall be Bisbee, Arizona, but the Board of Directors may establish such other offices in the State of Arizona or elsewhere, as they may deem appropriate or neces- sary.
 The general nature of the business | in which this corporation shall en- gage is as follows, to-wit: 1 To encourage and promote athletic sports both indoor and outdoor. ath- l letic events or performances includ- ing lawful pugilistic and wrestling matches and other similar events and performances either of a public or private nature and to these ends to maintain clubs. club apartments and quarters including gymnasiums, hand ball, courts, tennis grounds and other l similar places and things for other similar games and athletic sports and any and all appropriate equip ment thereof and therefor; to provide | for the sale of the privileges Of the club. so to be equipped and establish ed and hereby incorporated under the provisions of these articles at such reasonable rates of membership fees and initiation fees as shall be pre- scribed by the Board of Directors of 1 this corporation and to this end this | club so hereby incorporated shall have the power to buy. acquire, own. sell, mortgage, lease, rent. hypothe- cate and pledge any and all kind of real or personal property: to make all contracts; to issue bonds and other evidences of indebtedness and provide | for the payment of the same and in general to do any and all lawnll 1 things which may be necessary or in- 1 cidental to the success of the corpora tion that natural person Light or | lawfully could do in the premises. l III
 4 The capital stock of this corpora- | tion shall be Five t5l shares without | par value and shall be fully paid up at the date of issuance. in money. pro | perty, services. labor or any other valuable right or thing and said stock | is hereby made and shall forever re- main non-assessable. Said stock shall be disposed of in the discretion of the Board of Directors.
 "
 The life of this corporation shall | commence on the day when a certtfi- cate of it's incorporation is issued by | the Arizona Corporation Commission and shall terminate twenty-five years thereafter.
 The affairs of this corporation shall be conducted by a Board of Directors | of not less than three f3) nor more than Nine (9) members and such other officers and agents as they may appoint or elect and all Direc- ttors shall be stockholders: the fcl- 1 lowing named persons shall constitute the Directors and Officers of this cor poration until their successors shall have been elected and qualified to- lwit;
 !" L. A. Brown. President. Treasurer and Director:
 O. S. French, Vice President Secre- tary & Director;
 I. E. Morrison. Director. Hereafter the Board of Directors shall be elected annually by the stock holders from among their number at the annual meeting of the stockhold- CTS on the second Monday in March in each year and shall hold office until their successors are elected and qualified. The Board of Directors shall have the power to fill any va cancies occurring in the offices or in the Board from any cause, for the un- expired. term.
 The highest amount of indebtedness direct. or contingent. to which this corporation shall ever be subjected shall be the sum of Two Thousand Five Hundred (s2 50O.O0) Dollars.
 VII
  holders and officers of this corpora tion shall be and forever remain ex- empt from any and all corporate debts and liabilities of any kind what soever.
 VIII
 This corporation shall have power. at any time. to sell, transfer and dis pose of all of it's assets. upon the xxrrsiff of either or both. of the owners of Three-Fifths (S-5) of its capital stock then outstanding.
 IN WITNESS WHEREOF the cor porators have hereunto set their hands this 18th day of March. 1921.
 l.. A. BROWN.
 J. E. MORRISON. STATE OF ARIZONA
 COUNTY OF MARICOPA )
 Thia instrument WaS arknOWlodoad