Arizona state miner., 1925-09-05
business transacted.
Article III.


buying, selling and dealing in whole
sale and retail dress goods, dry goods,
notions, clothing, wearing apparel and
textile fabrics of every kind; mllii-
merry, hats, caps, boots and shoes, fur
nishing goods, fancy goods, toilet ar
ticles and all articles and merchandise
of like general character and descrlp-
ton; 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 store selling everything pertain
ing to goods, wares and merchandise
for personal, domestic, household or
general use, and to conduct the busi-
ness of clothing merchants, tallOrs,
drapers, 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 it's 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 ~.
The authorized amount of capital
stock of this corporation shall be
$50, 100000 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
poration, in payment for which, shares
of the capital stock of said Corpora
tiOn may be issued, and the capital
stock so issued shall thereupon 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 certified copy of these
Articles of Incorporation in the Of
fee of the Corporation Commission
of Arizona. and the termination there
OF shall be twenty-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 Directors,
and such officers as the Directors may
elect or appoint, and the following
named shall constitute tire Board of
Directors until their successors are.
elected and have qualified:
Charles Eyaer and Weldon ]. Bailey
Thereafter the Board Of Directors
stall 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
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 one time shall be $780,
10000.
Article TX.
The private property of the stock
holders and officers of this Corpora
tion shall be exempt from all corpor-
ate debts OF any kind whatsoever.
Article x.
The names, residences and post
office addresses of the corporators
are:
Names Residences p. o. Addresses
Charles Hyder, Wickenburg, ART
zona, Wickenburg, Arizona.
Weldon J. Bailey, 404 Home Build
ers Bldg, Phoenix, Arizona.
IN WITNESS WHEREOF, We have
hereunto set our hands and seals this
18th day of August, 1925.