Arizona state miner., 1925-09-26

Arizona, shall be at Tempe, Arizona,
and at such places outside of thf
State of Arizona, as the Board of Di-
rectors may determine, where meet
ings of directors may be held and all
business transacted.
Article III.
The general nature of the business
proposed to be transacted is to carry
on a general merchandise and mer-
camille business by manufacturing,
buying, selling and dealing in whole
sale and retail dress goods, dry goods,
notions, clothing, wearing apparel and
textile fabrics of every kind; milli-
merry, hats, caps, boots and shoes, fur
nishing goods, fancy goods, toilet ar
ticles and all articles and merchandise
of like general character and descrip.
Ition; furniture, carpets, mating, china
and glass ware, gold and silver ware,
stoves, heaters, ranges, coal and other
kinds of fuel; groceries and such
other merchandise ordinarily dealt In
by a store selling everything pertain
ing to goods, wares and merchandise
for personal, domestic, household or
general use, and to conduct the bust
ness of clothing merchants, tailOrs,
ldrapers, haberdashers, milliners, dress
makers, and general outfitterS; to
make contracts to purchase, lease,
option or otherwise acquire or ex-
change, sell, sublet or otherwise dis
pose of, pledge, mortgage, hypOthe-
cate and deal in real and personal es
tate water and water rights, to own,
handle and control letters patent and
inventions, and shares of its own cap
ital stock, and that of other corpora
tions; and to cancel and reissue
shares of it's own capital stock, to
issue bonds, notes, debentures, and
other evidences of Indebtedness, and
to secure the payment Of the same
by mortgage, deed Of trust or other.
wise; to act as agent, trustee, broker
or in any other fiduciary capacity;
to borrow and loan money; and in
general to do and perform such acts
and things and transact such business,
not inconsistent with law, in any part
of the world as the Board of Direct
ors may deem to the advantage of
the corporation.
Article w.
stock of this corporation shall be
$50,000.00 divided into 500 shares of
the par value Of $4,000 per share.
At such times as the Board of Di-
rectors may by resolution direct, said
capital stock shall be paid into this
Corporation either in cash or by the
sale and transfer to it of real or
personal property, contracts, services,
or any other valuable right or thing
for the use and purpose of said Cor
lporation, in payment for which, shares
of the capital stock of said Corpora
ton may be issued, and the capital
stock so issued shah tnereupon and
thereby become and be fully paid up
and worcestershire forever, and in the
absence of actual fraud in the tran
saction the judgment of the Directors
as to the value of the property pur-
chased shall be conclusive.
Article v.
The time of the commencement OF
this corporation shall be the date Of
the filing of a certified copy Of these
Articles of Incorporation in the Of
flee of the Corporation Commission
of Arizona, and the termination there
OIL snail D0 twenty-five yedrS .IleEG-
after, with the privilege of renewal as
provided by law.
Article vi.
The affairs of this Corporation shall
be conducted by Board of Directors,
and such officers as the Directors may
elect or appoint, and the following
named shall constitute tte Board Of
Directors until their successors are
elected ana have qualified:
CHARLES Hyder and Weldon ]. Bailey.
Thereafter the Board of Directors
shall be elected from among the
stockholders at the annual Stockhold-
ers' meeting to be held on the 4th
Monday in May of each year. The
names of the officers who shall have
charge of the corporate affairs are:
Charles Hyder, President and Treas
urer, and Weldon j. Bailey, Vice.
President and Secretary.
Article VII.
The Board of Directors shall have
power to adopt and amend Bylaws
! for the government of the corpora
ton, to fill vacancies occurring in the
Board from any cause, and to appoint
an executive committee and vest said