Articles of Incorporation
Know all men by these presents. That we, ________, ________, ________, ________, ________, ________, do associate ourselves together for the purpose of forming and becoming a corporation in the state of ________, for the transaction of the business hereinafter described.
1. The name of the corporation shall be (give name). The principal place of transacting its business shall be in the city of ________, county of ________, and state of ________.
2. The nature of the business to be transacted by said corporation shall be the (give name of business) and the erection and maintenance of such buildings and structures as may be deemed necessary, and to purchase real estate as a site therefor, and especially to ________.
3. The authorized capital stock of said corporation shall be (state amount) thousand dollars in shares of $________ each, to be subscribed and paid as requested by the board of directors.
4. The existence of this corporation shall commence on the first day of ________, A.D., 19__, and continue during the period of ________ years.
5. The business of said corporation shall be conducted by a board of directors not to exceed five in number, to be elected by the stockholders; such election to take place at such time and be conducted in such manner as shall be prescribed by the by-laws of said corporation.
6. The officers of said corporation shall be a president, secretary and treasurer, who shall be chosen by the board of directors, and shall hold their office for the period of one year, and until their successors shall be elected and qualified.
7. The highest amount of indebtedness to which said corporation shall at any time subject itself shall be not more than ________ thousand dollars.
8. The manner of holding the meetings of stockholders for the election of officers, and the method of conducting the business of the corporation, shall be as provided by the by-laws, adopted by the board of directors.