Arizona state miner., 1925-04-18


/ into twenty-five hundred shares Of
One Hundred ($100.00) dollars each.
At such times as the Board of Direc-
tors may by resolution direct, said
capital stock shall be paid into this
Corporation, either in cash or by sale
and transfer to it or real or personal
property, contracts, services, or any
other valuable right or thing for the
use and purposes of said Corporation
in payment for which, shares of the
capital stock of said corporation may
be issued, and the capital stock so is
sued shall thereupon and thereby be-
come and be fully paid up and non
assessable forever, and in the absence
of actual fraud in the transaction the
judgment of the Directors as to the
value of the property purchased 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 Office
of the Corporation Commission of Ar
izona. and the termination thereof
shall be twenty-five years thereafter,
with the privilege of renewal as pro-
vided 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 the Board of
Directors until their successors are
elected and have qualified: F. A.
Jones, Chas G. Bower Chas. E. Mac
MILAN. Thereafter the Board of Di
rectors shall be elected from among
the stockholders at the annual meet
ing of the Stockholders to be held on
the first Tuesday of June of each
year. The names Of the officers who
shall have charge of the corporate af-
fairs are:
F. A. Jones, President, Chas. G,
Bower, Vice-president, Chas E. Mac
Millin, secretary and treasurer.
Article VII
The Board of Directors shall have
power to adopt and amend BY laws
for the government Of the Corpora
ton, to fill vacancies occurring in
the Board for any cause, and to ap-
point an Executive Committee and
as they may determine.
Article Viii
The highest amount of indebtedness
or liability, direct or contingent, to
which this corporation shall be sub
ject to at any one time shall be
Twelve Thousand Five Hundred Dol
lars.
Article TX
The private property of the stock
holders and officers of this corpora
ton shall be exempt from all corpor-
ate debts of any kind whatsoever.
Article K
The names, residences and post Of
fee addresses of the incorporators
are:
Names Residences p. o. Addresses
F. A. Jones, 127 N Central Avenue,
Phoenix, Arizona.
! Chas. G.. Bower, So So. Central Av-
enue, Phoenix, Arizona.
Chas. E. MacMillin, 127 N. Central
/ Avenue, Phoenix, Arizona.
IN WITNESS WHEREOF, we have
hereunto set our hands and seals this
91st day of March, 1925.
F. A. JONES,
CHAS. G. BOWER,
CHAS. e. MacMILLIN.
STATE OF ARIZONA
SIS.
| COUNTY OF MARICOPA
Before me, Weldon ]. Bailey, a No
tary Public in and for the State and
County aforesaid, on this day person
ally appeared F. A. Jones, Chas. G.
Bower, and Chas. e. MacMillin,
known to me to be the persons whose
names are subscribed to the forego-
ing instrument and acknowledged to
me that they executed the same for
the purpose and consideration therein
expressed.
Given under my hand and seal Of
office this 31st day of March, 1925.
WELDON ]. BAILEY,
Notary Public.
My Commission expires Sept. 1st
1928.
(NOTARY SEAL)