Arizona state miner., 1925-05-23

all kinds buildings, machinery, dc
| 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
! of 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 cOmpany'a
| 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 a natural person might
Or could do.
Article ~
THE AMOUNT OF THE CAPITAL
STOCK of this corporation shall be
Fifty Thousand 1850, ,OOOO0) Dollars
to be divided into Five Hundred (500)
shares of the par value of One Hun
dred ($1O0.O0) Dollars each, and said
capital stock shall be fully paid up,
OF Co%o ~ re- icc11onco in I1Onav
property, services, labor or any other
valuable right or thing, in the discre
ton of the Board of Directors and the
judgment of said Board of Directors,
as to the value thereof, shall be con
elusive on this corporation and its
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 its discretion shall
be final and binding.
Article v
The life Of this corporation shall
commence on the day when Certifi
cate of it's incorporation is issued by
the Arizona Corporation Commission
and shall terminate twenty-five (25)
years Thereafter.
Article VI.
The affairs Of this corporation shall
be conducted by a. 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 Offlcers
of this corporation, until their sue
cessors shall have been elected and
qualified, tO-wit:
Jack Davey, President and Director
Thomas E. Fitzsimmons, Secretary,
Treasurer and Director.
Vernice Pauline Davey Director.
Dorothy J. Fitzsimmons, Director.
Whereas, the oBard of Directors
shall be elected annually by the
stockholders, from among their mum
Der. at the annual meeting Of the
stockholders 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
fiji vacancies occurring the Offices or
in the Board, from any cause, for the
unexpired time.
Article VII.
The highest amount of indebted
ness, direct or contingent, to which
this corporation shall ever be sub
lected, shall be two-thirds Of the total
par value Of the capital stock.
Article VIII
The private property of the stock
holders and officers OF this corpora
oI1an ho ovoY11 nj f1.CY11 a O0rnOr
ate debts and liabilities of any kind
whatsoever.
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
standing.
Article X.
This corporation does hereby ap
point Harold J. Janson, of Phoenix,
Maricopa County, Arizona, who has
been bona fide resident of Phoenix
for at least three years, its lawful
agent in and for the State Of Arizona
for and in behalf of said corporation
to accept and acknowledge service
of, and upon whom may be served
all necessary process or processes I'm
any action, suit or proceeding that
may be brought against the said cor
poration in any OF the courts Of said
State of Arizona, such service Of pro-
ceedings or notice of the acceptance
thereof by said agent endorsed there
on, to have the same force and effect
as if served upon the president aud
secretary Of said corporation.
-7Nr ynITNrIrGc UyIIEp pEOE VIZ hor.