The Coconino sun., 1925-07-17

1Ipu
ural persons might or could do, and in
any part of the world, having and
exercising in such respects, all of the
powers conferred upon corporations
of this class by the laws of the State
of Arizona.
ARTICLE III
The authorized capital stock of the
corporation shall be One Hundred
Thousand Dollars ($100,00000), di-
vided into one thousand 10000 shares
of common stockof the par value of
One Hundred Dollars ($100.00) each;
which shares shall be issued and paid
for upon such terms and conditions,
and at such times, as the Board Of
Directors shall designate, in cash,
real or personal property, or any
other valuable right or thing, for the
uses and purposes of the corporation;
and all shares of stock, when issued
in exchange therefor, shall thereupon
become and be fully paid and non-as-
sessable forever; and the judgment of
the Board of Directors as to the value
of any property, right or thing ac-
quired in exchange for capital stock
shall be conclusive.
ARTICLE w
The time of the commencement of
the corporation shall be the date of
the issuance to it by the Corporation
Commission of the State of Arizona
of a Certificate of Incorporation; and
unless renewed, the corporation shall
terminate twenty-five (25) years
thereafter, but the same may be re-
newed from time to time as provided
by law, so as to make the same per-
petual.
ARTICLE V
The affairs of the corporation shall
be conducted by Board of Three (3)
Directors, who shall be elected from
among the stockholders at their an
nual meeting to be held on the first
Monday of January in each year I'm
til their successors shall have been
elected and qualified, the following
named persons shall constitute the
Board of Directors: T. A. Riordan, NJ.
j.. Riordan and G. T. Harrington.
The officers Of the corporation shall
be such as the Board of Directors may
elect or appoint; and until their sue
cessors shall have been elected and
qualified, the following named per-
sons shall be the officers:
President, T. A. Riordan.
Vice-President, G. T. Harrington.
/ Secretary and Treasurer, NJ. j.
Riordan.
ARTICLE VI
The highest amount Of indebtedness
or liability to which the corporation
may at any one time subject itself is
Sixty-six Thousand Dollars 1885,
000.00).
ARTICLE VII
The private property of the stock
holders and officers of the corpora
tion shall be forever exempt from
any and all liability for its corporate
debts.
IN WITNESS WHEREOF, the cor
porators herein named have executed
these presents this Both day of June,
1926.
T. A. RIORDAN,
M. J. RIORDAN,
G. T. HERRINGTON
State of Arizona, County of Coco
nino, SIS:
The foregoing Articles of Incorpora-
tion were acknowledged before me
this Both day of June, 1925, by T. A.
Riordan, NJ. J. Riordan and G. T. Her
rington, therein named as corporators.
BLAINE B. SHIMMEL,
Notary Public in and for the County
Of Coconino, State of Arizona
(NOTARIAL SEAL)
My commission expires June 10, 1928.
Arizona Corporation Commission,
Incorporating Department. Filed July
2, 1926 at 2 p. m. at request of Mau-
rice Blumenthal, whose address is
Phoenix, Arizona.
F. j. X. MCBRIDE,
By Mary Maddox Secretary
Recorded at request of B. B. Shin
mel, July A. D. 1925 at 10, o'clock
a. m. in book 8 Articles of Incorpora-
tion, page 209. Records of Coconino
County, Arizona.
r. H. MARINE,
County Recorder
First publication July 10.
Last publication August IA