Arizona state miner., 1927-04-02

is K. G. Manufacturing Company, and
its principal place of transacting business
in Arizona is Phoenix Offices may be
established, business transacted and meetings
of stockholders and directors held at such
places within or outside of Arizona as the
Bylaws of the Company shall provide.
Article 1.-THE general nature of the
business proposed to be transacted is to
make contracts; to purchase lease, option,
| locate, otherwise acquire, own exchange,
| sell, or otherwise dispose of, pledge, mort
gage hypothecate and deal in mines, mining
claims, mineral lands, coal lands oil lands.
| timber lands, clay land water and water
| personal and to work, explore, operate and
develop the same and to deal in the prod
| ucts and by products thereof; to purchase,
| lease, or otherwise acquire, erect, own
operate and sell smelling and other ore
reduction works, oil refineries, saw mills,
clay works, power plants, railroads and
| tran1ways to lead from the company's prin-
| cipal works; to do a general manufacturing
and mercantile business; to own, handle
| and control letters patent and inventions
| to own, cancel and reissue shares of its
| own capital stock, and to own and vote
| shares of other corporations; to issue bonds.
| notes and other evidences of Indebtedness
and to secure the payment OF the same by
mortgage, deed OF trust or otherwise; to
act agent, trustee, broker, or in any
other fiduciary capacity, and 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, the Board of
| Directors may deem to the advantage OF
the corporation.
Article III-The authorized Capital Stock
of the corporation is hundred thousand
shares, divided into twenty-five thousand
shares of seven per cent, cumulative, par
dollars a share and seventy-five thousand
shares of common stock of no par value.
The preferred stock shall be paid for at
the rate of ten dollars per share and the
common stock at such price may be
| from time to time decided upon by the
Board of Directors. Payment shall be made
IF may
designate, in cash, real personal prop
erty services, lease, option to purchase or
any other valuable right or thing. for the
uses and purposes of the corporation, and
F, all shares of Capital Stock, when issued in
exchange therefor, shall thereupon and
thereby become and be full paid the same
| as though paid for in cash at par, and
| shall be non -assessable forever, and the
| judgment of the Directors as to the value
| of any property. right or thing acquired IN
exchange for Capital Stock shall be con-
elusive. After the preferred shares have
| received all the dividends to which they are
entitled the common shares shall be entitled
net earnings available for this purpose,
| after which both the preferred and common
shares shall participate equally in T, any fur
| ferred shares shall be subject to call, IN
whole or in part, at Eleven Dollars ($11.o0)
| a share and accrued dividends at the option
| January first, 1882
| Article IV-The time of the commence
|
these Articles filed in accordance with
| law and the termination thereof shall be
twenty-five years thereafter, with privilege
of renewal and right OF perpetual success
| sion as now provided by law.
Article V-The affairs of this corpora
ton shall be conducted by Board of not
less than three nor more than fifteen vi d.
President shall be elected and Secretary
and Treasurer appointed. The Directors
shall be elected by and and 11., trUm among 40 tine the
| ary of each year. Until their successors
are elected and qualified, the following
Officers: A. R. Croft, President; c. M. King
| Vice-President and Treasurer; P. G. Grover.
! Secretary J. B. Lassiter, Director, and
| T. T. Oster, Director; all of Birmingham,
Article VI-The Directors shall adopt By
| Laws for the government OF the corpora
ton and may amend the same. They shall
| have power to fill vacancies occurring IN
| the Board from any cause, and to appoint
from among their number an Executive
Committee which, to the extent provided
| by resolution by the said Bylaws, shall
have and exercise the powers granted the
Directors by these Articles
Article VII.-The highest amount of in
debtedness or liability, direct or contin-
gent, to which the corporation is at any
time to subject itself, must in no. case
exceed two-thirds of the amount of the
Article VIII-The private property of the
Stockholders of the corporation shall be
forever exempt from corporate debts OF any
kind whatsoever.
| Article IX-This corporation hereby ap-
points, authorizes and empowers H. r..
Tritle, of Phoenix who IS and for more
than three years last past has been a bona
fide resident of Arizona, its agent, who
may accept and acknowledge service of all
! necessary process or processes In any ac-
tion suit or proceeding that may be had
or brought against this company in any of
the Courts of said State of Arizona, such
service of process or notice, or. the accept
ance thereof by said agent endorsed there
on, to have the force and effect as
if served upon the President and Secretary
of said Company
In Witness Whereof, we hereto affix our
HARLOW AKERs (seaD
State of Arizona IS
County of Maricopa,
Before me. Olive M. Fogle, Notary
aforesaid, on this day personally appeared
J. w. Akers and Harlow Akers, known to
me to be the same persons who signed the
foregoing instrument and acknowledged to
me that they executed the same for the
uses and purposes therein mentioned.
Given under my hand and seal of office
/ this 31st day of January, 1927
My commission will xpire on the 5th day
of June, 1927
(SeaD Notary Public.
i ENDORSEMENT
Arizona Corporation Commission Incor-
porating Department = Filed February. l..
1927, at 1000 a. m. at request of Akers
! incorporating Trust Company, whose ad-
dress is Phoenix, Arizona.
F. j. K. MCBRIDE Secretary.
By Pearl Jones.