Arizona state miner., 1925-05-16

al Kings buildings, machinery, de
vices and improvements for the min
ing OF materials, the manufacture and
sale OF brick, tile and other clay pro
ducts, and any and all necessary
proper or appropriate appurtenances
thereto; to buy, sell and generally
trade IN, store, carry, and transport
any and all kinds of goods, wares
and merchandise, provisions and sup
plies; to enter into, make, perform
and carry out contracts of every kind
and for any lawful purpose incidental
to It's operations and business: to
issue, protect, secure, redeem and pay
bonds, securities and other evidences
or Indebtedness OF this corporation
when deemed necessary, appropriate
or expedient by the Directors OF this
corporation; and in general to carry
on any other lawful business in con
nection with the foregoing which may
be necessary or incidental thereto or
calculated, directly or indirectly, 20
enhance the value of the companys
properties, right or stock, and to do
any and all things in the general man
ufacturing and sale OF brick, tile and
other clay products, at wholesale or
retail, which & natural person might
or could do.
Article w
THE AMOUNT OF THE CAPITAL.
STOCK of this corporation shall be
Fifty Thousand ($50,00000) Dollars
to be divided into Five Hundred (500)
shares OF the par value of One Hun
dred ($100.00) Dollars each, and said
capital stock shall be fully paid up.
at the date Of its issuance, in money,
property, services, labor or any other
valuable right or thing, in the Gliscre-
tion of the Board of Directors and the
judgment of said Board OF Directors,
rs to the value thereof, shall be con
elusive on this corporation and it's
stockholders. Said capital stock is
hereby made and shall forever remain
worcestershire. Said stock shall be
disposed of in the discretion Of, the
Board Of Directors, as said Board may
deem proper, and it's discretion shall
be final and binding.
Article v
The life of this corporation shall
commence on the day when certifi-
cate OF its incorporation is issued by
the Arizona Corporation Commission.
and shall terminate twenty-five (25l-
years thereafter.
Article VI.
The affairs OF this corporation shall
be conducted by oBard Of Directors
Of not less than three nor more than
five members, and such other officers,
and agents as they may appoint or
elect, and all directors shall be stock
holders; the following persons shall.
constitute the Directors and Officers
of this corporation, until their suc4
cessOrS shall have been elected and
qualified, to-wit:
Jack Davey, President and Director
Thomas E. Fitzsimmons, Secretary
Treasurer and Director. g.
VerniCe Pauline Davey, Director.
Dorothy ]. Fitzsimmons, Director.
Whereas, the oBard OF. Directors
shall be elected annually by the
from among their mum
ber at the annual meeting of the
to be held on the second
Tuesday Of January, each year, and
shall hold Office until their SUCCESSORS
are elected and qualified. The Board
Of Directors shall have the power to
fill vacancies occurring the offices or
in the Board, from any cause, for the
time.
Article VII. -.
The highest amount of indebted
ness, direct or contingent, to which
this corporation shall ever be sub
jected, shall be two-thirdg OF the total
par value Of the capital stock.
Article viii -
The private property OF the stock
holders and officers OF this corpora
ton shall be exempt from all corpor
ate debts and liabilities Of any kind
Article TX.
This corporation shall have power.
at any time, to sell, transfer and dis
pose Of all its assets upon. the writ
ten consent Of the owners .<of two
thirds Of the capital stock then out
Article x.
This corporation does hereby ap
point Harold J. Janson, of Phoenix.
Maricopa County, Arizona, who has
been q bona fide resident Of Phoenix
ior at least three years, its lawful
agent in and for the State of Arizona
'or and in behalf Of said corporatlon
@ accept and acknowledge service
of, and upon whom may he served
I'll necessary process or processes III
any action, suit or proceeding thai
may be brought against the said cor
poratiOn in any Of the courts OF said
State OF Arizona, such service Of pro
or notice Of tho acceptance
hereof by said agent endorsed there
III, to have tbs Same force and effect
as If served upon the president and
secretary OF said CORPORATION.