Arizona state miner., 1925-05-02
ARTICLES OF INCORPORATION

PRESENTS, That we, the under
signed, have this day associated our
selves together for the purpose OF
forming corporation under and pur-
suant to the laws of the State of Ari-
zona, and for that purpose do hereby
adopt Articles of Incorporation as fol
lows:
Article
The name of this Corporation shall
be COMMERCIAL INSURANCE SER
VICE.
Article IL
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 act
as agent and general agent of insur
ance companies; to make contracts
with insurance and bonding compan-
les; to- solicit and write all kinds OF
insurance; to buy and sell real and
personal property; to own securities
to act as fiduciary agent; to borrow
money and secure the payment Of
same by mortgage or otherwise; to
own shares of it's 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 ~
The authorized capital stock of this
Corporation shall be twenty-five
Thousand ($25, 100000 dollars, divided
into twenty-five hundred shares OF
One Hundred ($1OO.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 tbs
value of the property purchased shall
be conclusive.
Article v
The time of the commencement o.
this Corporation shall be the date OF
the filing of 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 Director
and such officers as the Directors may
elect or appoint, and the fOllowing
named shall constitute the Board Of
Directors until their successors ara
elected and have qualified: F. a
Jones, Chase 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 al
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-
fn YrriY iy,
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 SUBJ
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
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
31st day of March, 1925.
F. A. JONES,
CHAS. G. BOWER,
CHAS, e. MacMILLIN.