Arizona state miner., 1927-03-12
Ar1cLEs OF INCORPORATION

BE TT KNOWN. That we, the under
signed. residents of and whose postoffice
addresses 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 or outside of Arizona as the
Bylaws of the Company shall provide
Article 1.-The general nature of the
make contracts; to purchase lease. option,
locate, otherwise acquire, own, exchange,
sell, or otherwise dispose of, pledge, mort
claims, mineral lands, coal lands, oil lands.
timber lands. clay land. water and water
rights and other property. both real and
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
reduction works, oil refineries, saw mills,
clay works, power plants, railroads and
tramways to lead from the company's 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 it's
capital stock, and to 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 otherwise; to
act agent, trustee, broker, 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
ticipating stock of par value OF ten
dollars a share and seventy-five thousand
shares of common stock of no par value.
The preferred stock shall be paid for at
common stock at such price as may be
from time to time decided upon by the
Board of Directors. Payment shall be made
at such time the Board of Directors may
designate, in cash, real or personal prop
erty, services, lease, option to purchase
any other valuable right or thing, for the
all shares of Capital Stock, when issued in
exchange therefor, shall thereupon and
thereby become and be full paid the same
though paid for in cash at par, and
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
to receive seventy cents share out of any
after which both the preferred and common
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 (S11.00)
a share and accrued dividends at the option
of the Board of Directors at any time after
January first, 1882.
Article IV.-The time of the commence
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
of renewal and right of perpetual success
sion as 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 Di-
rectors by whom a President and Vice
President shall be elected and Secretary
shall be elected bye and from among the
Stockholders on the last Monday in Janu-
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; ?. c: Grover;
Secretary; j. B. Lasster, Director, and
T. T. Oster, Director; all of Birmingham,
Alabama.
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 by the said Bylaws, shall
have and exercise the powers granted the
Directors by these Articles
Article VII.-The highest amount of in
debtedness liability, direct or contin-
gent to which the corporation is at any
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 +.
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
ton, 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 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 31st day of January, 1927.
J. w AKERS (SeaD
HARLOW AKERs (seaD
State of Arizona,
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 anu dchilOWleGgeu 70
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,
(SeaN Notary Public
ENDORSEMENT
Arizona Corporation Commission 1ncor-
porating Department - Filed February 1.
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 S-2-1927: last 4-6-1927.