Arizona state miner., 1925-04-25

own shares OF its own capital stock
and that of other corporations, and 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 inconsist-
ent with law, in any part of the world,
as the Board of Directors may deem
to the advantage of the corporation
Article w
The authorized capital stock of this
Corporation shall be Twenty-Five
Thousand (S25, ,00O.00) dollars, divided
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
iona 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
tion, to fill vacancies occurring in
the Board for any cause, and to ap-
point 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 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 X
The names, residences and post of
flee addresses of the incorpOratOrs
are:
Names Residences p. o. Addresses
F. A Jones, 127 n Central Avenue.
Phoenix, Arizona
Chas G. Bower, 36 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
dow Of
r A JONES.
CHAS. G. BOWER.
CHAS. Il. MacMIII.IN.
STATE OF ARIZONA
SIS.