Arizona state miner., 1927-02-05
ARTICLES OF INCORPORATION
OF
GENERAL AMUSEMENT COMPANY OF
ARIZ0NA

KNOW ALL MEN BY THESE PRESENTS,
That we. the undersigned, have this day asso-
ciated ourselves for the purpose of forming a
corporation, under the provisions of the laws
OF the State of Arizona, and for that purpose
do hereby adopt. sign and acknowledge the
following Articles of Incorporation:
Article 1.-The of the incorporators
of this corporation and their respective post
offices addresses and residence are:
Murray j. Moreley, Phoenix, Arizona
E. j. Moreley, Phoenix, Arizona
F. L. Zimmerman Phoenix, Arizona
C. R. Holton, Phoenix, Arizona
E. G. Scott, Phoenix, Arizona
B. White, Phoenix, Arizona
E. Tiller. Phoenix. Arizona
W. l., CrQssett, Phoenix. Arizona
Article 2,-The name of this corporation Is
and shall be General Amusement Company of
Arizona" and it's principal office and place
Of transRcting business is and shall be in the
City Of Phoenix, Maricopa County. State Of
Arizona, but this corporation may have such
other offices and places Of business within
and without the State of Arizona as the Board
OF Directors may from time to time designate.
Article S.-The general nature of the busi-
ness proposed to be transacted and carried on
by this corporation IL az follows:
To acquire, hold, sell or otherwise dispose
of any and all kinds of real and personal
property, including the shares of the capital
stock of this corporation and other corpor-
evidences of Indebtedness issued by other cor
porations, individuals and associations of per-
sons.
To acquire lease manage, conduct, engage
in and operate general amusement resort,
Fairgrounds and park theatrical enterprises
and displays of all sorts and descriptions, in
cluding the acquisition, lease management, en-
gagement in and operation of restaurants,
cafes, musical concerts and cabarets.
To own, conduct, SELL acquire lease, man
age or operate stores and places of business
for the carrying and disposing of any and
all kinds of merchandise and other personal
property.
TO vote such stock and shares and interests
in other corporations as it may from time to
time acquire the same as any individual hold
er owner thereof might or could do.
To exercise any of the rights, privileges and
powers and to carry on any of the activities,
enterprises or business, hereinabove stated and
referred to- within without the State of
Arizona but within the territorial limit of the
United States of America.
TO have authority and power to do every
and all things necessary and convenient for
the proper convenient carrying on Of any
or all of the businesses and activities of this
corporation contemplated
Article 4.-The authorized amount of capt.
tai stock of this corporation shall be five
thousand $4,000 shares of preferred stock of
the par value of Ten $4,000 Dollars per
share, and fifteen thousand Us OOO) shares OF
common stock of par value per share; the
said preferred stock to be entitled to prefer
ence not only to payment of dividend but
also as to disposition OF the assets of this
corporation. and to be issued as hereinafter
provided The said preferred stock may be
retired by this corporation at not less than it's
face value on any dividend paying date five
~ years after the 9Th day of January 1926,
at the option of this corporation or at the op-
tion of it's Board of Directors; and the said
preferred stock is hereby guaranteed to its
owners and holders to pay not less than 8 per
cent per annum dividends. Said guaranteed
dividend of per cent per annum said pre-
ferred stock shall be paid semi-annually, in
cash, aforesaid, at the office of this
poration at Phoenix, Arizona.
The times when and the conditions upon
which stock of this corporation may be issued
are as follows: On making subscription there
for the amount subscribed shall be paid either
in cash. or property. or thing of equivalent
cash value; and all stock issued in exchange
for property or thing of value or cash shall
h..R 10 i,.1,,
ment Of the Board Of Directors as to the value
Of the property or thing received for stock
shall be conclusive thereof. Both preferred
and common stock Of this corporation may be
voted at any and all meetings Of stockholders
either in person or by proxy.
Article 5.--The commencement of this cor
poration shall be the date of the filing Of
these Articles of Incorporation with the Cor
poration Commission of the State of Arizona
and the date of filing of certified copy
thereof with the County Recorder of the
County of Maricopa, State of Arizona; and
hte termination thereof shall be twenty-five
years thereafter unless renewed as provided
by law.
Article 6.--The affairs of this corporation
shall be conducted by Board of Directors
consisting of not less than three nor more than
nine directors, provided, however, that the
foregoing is subject to the provisions here
matter set forth relative to such Board Of
Directors.
The following named persons shall constitute
the Board of Directors and officers OF this
corporation until the first annual meeting of
the stockholders hereinafter provided for:
Murray r. Morley Sv president
F. L. Zimmerman, vice-president
E. J. Morley, Secretary and treasurer.
C. r. Holton, director
w. L. Crossett, sdirector
Provided however, that the Board of Di-
rectors in office prior to the first annual
stockholders meeting in June, 1927, shall have
the power and authority to increase or de-
crease the number of directors and to appoint
or elect such additional members to said Board
from among the stockholders provided furth-
er, that in event shall said Board of Di-
rectors have less than three nor more thirteen
members.
The directors of this corporation shall be
chosen from among the stockholders at the