Bisbee daily review., 1922-08-27

ARTICLES OF INCORPORATION
 Know all men by these presents: That we, the undersigned have this day asso- ciated ourselves together for the purpose Of forming a corporation under the laws of the State of Arizona and for that pur- pose do hereby adopt Articles of Incor- poration as follows:
 Article i.
 The name of this corporation shall be Lowell Cooperative Store.
 Article II.
 That the principal place of business within the State of Arizona, shall be at Lowell. Cochise County. Arizona, but that other offices may be established and maintained without the State of Arizona at such places the Board of Directors may designate, where meetings of mem bers and directors may be held and any and all corporate business transacted
 Article III.
 That the purposes for which it Is formed are to carry on, engage in n gen eral retail and wholesale mercantile and merchandise business. and to purchase. manufacture, sell and deal in goods, wares and merchandise and to buy. hold and own such real property as may Dc necessary for conduct of its business; and to hold. own. sell. mortgage and convey real and personal property: and to bor- TOW and loan money, and to issue bonds, notes, debentures and other evidences of indebtedness; and in general to do and perform such acts and things and trans act such business not inconsistent with law in any part of the world as the Board of Directors may deem to the ad- vantage of the corporations; and to fur ther conduct and carry on said business for the promotion Of the industrial inter ests Of the members of the corporation.
 ArticIe w.
 That this corporation shall have no capital stock: and that the amount which each member of said corporation is 10 pay upon admission as a membership fec. is the sum of Two (S2.0O) Dollars, and that each of the persons signing these articles has actually paid in the sum of Two (S2OO) Dollars to said cor poration; that the interest and right of each member in said corporation is to be equal
 The commencement of the corporation shall he the date of the issuance to it of a certificate of incorporation hy the Ari- zona Corporation, and it shall endure for the full term of twenty-five years there l after, with the privilege Of renewal as ! provided by law. The affairs of this corporation shall be conducted by Board of Directors. and such officers as the Board of Directors may elect or appoint, and the following rectors until their successors are elected and have qualified: Mrs. L. l.. Postert David Armit Phil J. Donohue J. Fred Johnson
 
 That the number of the directors shall | be directed by the bylaws. but in no case shall be less than five nor more than nine; that thereafter the Board of Direc- i tors shall be elected from among the members at the annual members meet ] ing to be held on the first Monday in August of each !.ia,. year n, That the highest amount of indebted | ness or liability. direct or contingent to which this corporation shall he subject at 1 any one time shall be S12.000.00. Article VlII. The private property of the members and officers of-the corporation shall be exempt from all corporate debts Of any Article TX. The names, residences and postoffice addresses of the incorporators are Mrs. l.. l.. Postert, Lowell, Arizona. P. O. Address. Lowell. Arizona. David Armit Lowell. Arizona. r. O. Address. Warren, Arizona. Phil J. Donohue, Lowell Arizona F. O. Address. Lowell Arizona. J. Fred Johnson. Lowell. Arizona. r. O. Address. Lowell. Arizona. Dan Thompson. Bisbee. Arizona. r. O. Address, Bisbee. Arizona. In Witness Whereof. we have hereunto set our hands this 18th day of August. 1922.
 MRS. L. l.. POSTERT DAVID ARMIT PHIL J. DONOHUE J. FRED JOHNSON DAN THOMPSON State of Arizona ) County of Cochise)ss Before me. George L. Taylor. a Notary PL blic in and for the state and county afi resaid. on this day personally appear ed Mrs. l.. L. Postert. David Armit Phil J. DonOhue. J. Fred Johnson and Dan Thompson, personally known to me to , be the persons whose names sub scrihed to the foregoing instrument. and acknowledged to me that they executed the same for the purposes and considera- tion therein expressed.
 Given under my hand and seal of of flee this 18th day of August 1922
 GEORGE l.. TAYLOR,
 Notary Public.