Douglas daily dispatch., 1927-04-17
LEGAL NOTICES
ARTICLES OF INCORPORATION
OF THE

BEANNAIN- AL w fIlAE1IoJ IHC,
COMPANY.
KNOW ALL MEN BY THESE
PRESENTS:
That we, the undersigned subscrib-
ers, each and all of whom are residentsI
of the United States of America, do
hereby associate ourselves together
this day for the purpose of forming a
corporation under and by virtue of the
laws of the State of Arizona, United
States of America, and for that purpose
do hereby make, execute, adopt, sign
and acknowledge these Articles of In
corporation.
ARTICLE l.
The names Of the incorporators of
this corporation are b. l.. Brannan, of
Loveland, Colorado; r. l.. Hoya1, ofl
Douglas, Arizona and Wilma d. Hoyal,
of Douglas, Arizona.
ARTICLE II.
The name of this corporation shall
be and is -HOYAL JEWEL
ERS, INC.
The principal place of business of
this corporation shall be Douglas,
Cochise County, Arizona and this cor
poration may have and maintain such
other business places at such other
place or places within or without the
State of Arizona, as the Board of Di-
rectors of this corporation may see fit
to designate, and at which place or
places any or all meetings of the in
corporators, stockholders or directors
of this corporation may be held and
all business pertaining to said corpora
tion may be transacted or carried on
with the same force and effect as
though held and done at the City of
Douglas, withinvthe State of Arizona.
ARTICLE III.
That the general nature Of the busi-
ness to be transacted and carried on
and the purpose and object for which
this corporation is created and organ
lied are as follows:
1. To own, acquire, buy, sell, dispose
of and control mercantile establish
ments and stores and all rights, inter-
ests, privileges and franchises there
unto in any way appertaining.
2. To acquire, buy, sell, control,
lease mercantile establishments, stores,
Q6DOIS ana warehouses;.
g. To own, construct buildings, buy,
sell, rent and lease all structures,
buildings and erections necessary orl
proper for the business of the cor
poration.
4. To acquire, hold buy, sell, rent,
lease, mortgage, control and deal in
real property.
S. To acquire, hold, own, purchase
or sell the shares of other corporations
6. To issue, acquire, take, hold, pur-
chase, sell and deal in promissory notes,
bills of exchange and obligation of
every sort and character, provided no
obligation of any character shall be
issued by this corporation in excess ofl
the liability of company as hereinafter
set forth and as provided by law.
z. To enter into contracts of all
Sorts to lend and borrow money and to
take and give security therefor.
s. To do any and all things which a
natural person might or could do in
the matter of the transaction of the
business of the corporation and of the
promotion and management of it's in
terests.
ARTICLE Nv
The authorized amount of the Capital
Stock of this corporation shall be and
is the sum of Twenty five Thousand
and no-10O ($25, 100000 Dollars, di-
vded into Twenty-Five Hundred (2,5OO) !
shares, of the par value of Ten and
no-1OO $4,000 Dollars, each.
And said Capital Stock is hereby
made forever worcestershire by this
corporation, or the directors thereof, !
or at all, for any purpose whatsoever.
Said Capital Stock may be paid for
at the time of issuance of the same or
at such other. time and under such
other conditions as the Board of Di-
rectors Of this corporation may desig- |
nate, in money, property, or labor and
the judgment of the Board of Directors
of said corporation as to the value
thereof shall be conclusive.
ARTICLE V
The time of the commencement of
the existence of this corporation shall
be the date of the delivery of GER.
tificate of Incorporation to the COM
pany, at Douglas, Arizona, by the Cor
poration Commission of the State ofd
Arizona, and this corporation shall en-
dure and exist for Twenty-Five (25)
years thereafter
ARTICLE VI
The affairs and business of this cor
poration shall be conducted and con- |
trolled by a Board of not less than
Three CD nor more than Five (5) di- |
rectors, each and all of whom shall be |