Arizona state miner., 1927-03-05
ATIcLEs OF INCORPORATION


signed, residents of and whose postoffice
addresses are Phoenix, Arizona, do hereby
associate ourselves together and form
corporation under the Laws of the State of
Arizona, and adopt the following Articles
Of Incorporation:
Article 1.-The name of the corporation
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 outside of Arizona 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, or otherwise acquire, own, exchange,
sell, or otherwise dispose of, pledge, mort
gage, hypothecate and deal in mines, mining
timber lands, clay land, water and water
| rights and other property, both real 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, mills
clay works, power plants, railroads and
tramways to lead from the companys prin-
cipal works; to do 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, as the Board of
Directors may deem to the advantage OF
the corporation.
Article III-The authorized Capital Stock
of the corporation is one 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 par value.
The preferred stock shall be paid for at
the rate of ten dollars per share and the
from time to time decided upon by the
Board of Directors. Payment shall be made
at such time as the Board of Directors may
designate, in cash, real or personal prop
erty, services lease, option to purchase or
any other valuable right or thing, for the
uses and purposes of the corporation, and
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 worcestershire forever, and the
judgment of the Directors 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
| to receive seventy cents share out of any
net earnings available for this purpose,
| shares shall participate equally in any fur
| ther distribution of dividends. The pre-
ferred shares shall be subject to CALL in
whole in part at Eleven Dollars ($11.00j
| a share and accrued dividends at the option
of the Board of Directors at any time after
January first, 1882
ment of the corporation shall be the day
| these Articles filed in accordance with
law, and the termination thereof shall be
| twenty-five years thereafter, with privilege
n rlOhf nQrnQfn9I
| sion provided by law.
Article V-The affairs of this corpora
less than three nor more than fifteen Di-
rectors by whom a President and Vice
President shall be elected and Secretary
and Treasurer appointed. The Directors
| shall be elected by and from among the
| Stockholders on the last Monday in Janu-
ary of each year. Until their successors
| are elected and qualified, the following
named persons shall be the Directors and
Officers: A. R. Croft, President; C. M. King
Vice. President and Treasurer; P. C. 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
tion 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 or 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
capital stock.
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 bona
fide resident of Arizona, its agent, who
may accept and acknowledge service of all
necessary aprocess or processes in any ac-
ton, suit or proceeding that may be had
or brought against this company in any gof
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 same force and effect as
if served upon the President and Secretary
of said Company.
In Witness Whereof. we hereto affix our
signatures this s1St day hKres Of january sod 1877
HARLOW AKERS (SeaD
State of Arizona
County Of Maricona S.
Before me- Olive M Fogle, Notary
Public in and for the County and State
aforesaid, 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 the 9Th day
of June, 1927.
OLIVE M FOGLE,
(SeaD Notary Public.
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.
Star-First 3-2-1927; last 4-6-1927.