Douglas daily dispatch. [volume] (Douglas, Ariz.) 1903-1961, 1927-11-03
LEGAL NOTICES.
STATE OF ARIZONA

STATE OF ARIZONA
Arizona Corporation Commission
To all to Whom these Presents shall
Come, Greeting:
T, F. j. K Mcbride, Secretary. of the
Arizona Corporation Commission, do
hereby certify that the annexed is a
true and complete transcript of the
ARTICLES OF INCORPORATION I.
OF
''THE DOUGLAS REALTY
COMPANY" ,.s
which were filed in the office sof the
said Arizona Corporation Commission
on the 22nd day of October, A. D.
1927, at 1000 O'Clock A. M, as pro-
vided by law. m
IN WITNESS WHEREOF, I have
hereunto set my ha1Sa and affixed the,
Official Seal of the Arizona Corpora
ton Commission, att the Capitol, in
the City of Phoenix his 22nd day of
October, A. D. 1927,
F, -. MCBRIDE,
(SEALJ @ Secretary.
BY C. F. KING,
Assistant Secretary.
ARTICLES OF INCORPORATION
OF
THE DOUGLAS REALTY
COMPANY
DOUGLAS, ARIZONA
BE 1T KNOWN, That we, the under
signed, Russell Meadows, Frances O.
Meadows and Maud P. Hammill, all
residents and citizens of the City of
Douglas, County of Cochise and State
of Arizona, do hereby associate our
selves together and form corporation
under the Laws of the State Of Arr
iona and adopt the following articles
of Incorporation:
ARTICLE I. The name of the cor
poration is '"THE DOUGLAS REALTY
COMPANY" and its principal place of
transacting business is in Douglas,
Arizona 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 II. The general nature of
the business is to buy, lease, erect and
acquire, hold, own and manage real
estate and buildings; to make con-
tracts; to own, cancel and reissue
shares of it's own capital stock and
to own and to 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 as agent, trustee or broker, and
to borrow and loan money; and in
general to do and perform such acts
and things and transact such business
in connection with the foregoing OBJ
jects, not inconsistent with law in any
part of the world, as the board of
directors may deem to the advantage
of the corporation.
ARTICLE Ill The amount of
authorized Capital Stock of the Cor
poration is Fifty Thousand Dollars,
($5O,OOO) divided into shares of NO
Par Value, which shall be paid in, at
such time as the Board of Directors
may designate, in cash, real or per-
sonal property, services, lease, option
to purchase, or any other valuable
right or thing, for the uses and pur-
poses of the corporation, and all shares
of Capital Stock, when issued in ex-
change therefor, shall thereupon and
thereby become and be fully-paid the
same as though paid for in cash, and
shall be worcestershire 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 conclusive.
ARTICLE " The time of the
commencement of the corporation shall
be the day these articles are filed in
with law, and the termina-
ton thereof shall be twenty Live years |
with privilege of renewal
and right of perpetual succession as
now provided by law.
ARTICLE v. The affairs of this
shall be conducted by
Board of not less than three nor more
than five Directors, by whom Presi- !