Arizona state miner., 1925-08-22
ARTICLES OF INCORPORATION

GU, nave IHAo udy 1ooOC1dt0u Jul :
selves together for the purpose OF
forming corporation under and pur-
suant to the laws of the State Of
Arizona, and for that purpose do here
by adopt Articles of Incorporation as
follows:
Article /.
The name of this Corporation shall
be WATSON PUBLISHING COM
PANY.
Article II.
The principal place of business Of
this corporation within the State of
Arizona shall be at Phoenix, Mari
copa County, State of Arizona.
Article Ill.
| The general nature of the business
| proposed to be transacted is: To pur-
| chase, own and lease all kinds of
machinery used in the printing and
! publishing business; to edit, publish
and circulate newspapers and peri
odicals of every kind and to do a gen
eral printing business; to acquire and
own lands; to borrow money and to
issue notes, bonds, debentures and
other evidences of Indebtedness and
to secure the payment Of same by
mortgage, deed Of trust or otherwise;
to own, handle and control letters
J patent and inventions and shares of
it's own capital stock and that of
other corporations, and to vote any
shares Of stock of other corporations
owned by it the same as natural
person might do; to act as agent,
trustee, broker, or in any other fiduc-
iary capacity; to cancel and reissue
shares Of it's own capital stock; 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 Directors may deem to the advan
tage of the corporation.
Article ~.
The authorized capital stock of this
corporation shall be Fifty Thousand
($50, 0,00000) Dollars, divided into two
thousand shares of Twenty-Five Dol
lars ($2500) each. At such times
as the Board Of Directors may by
resolution direct, said capital stock
shall be paid into this Corporation,
either in cash or by sale and transfer
to it Of real or personal property,
contracts, services, or any other val
liable right or thing for the use and
purposes of said Corporation in pay
ment 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 certified copy Of these
Articles Of Incorporation in the of
flee of the Corporation Commission
of Arizona, and the termination there
Of shall be twnty-five years there
after, with the privilege of renewal
as provided by law.
Article VI.
The affairs of this Corporation
shall be conducted by Board of Di
rectors, and such officers as the Di |
rectors may elect or appoint, and the |
following named shall constitute tho
Board of Directors until their sue
fed: H. B. Watson and Hannah J |
Watson. 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 I'd Tuesday of June of each year
The names Of the officers who shall
have charge of the corporate affairs
are:
r
and Secretary.
Hannah ]. Watson, President |
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 for any cause, and to appoint
an Executive Committee and vest
said Committee with such powers as
they may determine.
Article Viii.
The highest amount of indebtedness
or liability, direct or contingent, to
which this corporation shall be sub.
ject at any time shall be Twenty-f
Thousand Dollars.
Article TX.
The private property of the stock |
holders and officers OF this corpora |
ton shall be exempt from all cor
porate debts of any kind whatsoever
Article K.
The names, residences and post Of
fee addresses of the incorporators
are
H. B. Watson, Phoenix, Arizona and
Hannah J. Watson Phoenix Arizona
IN WITNESS WHEREOF, we have
hereunto set our hands and seals this
o0+I, dow Of Tuna 1909