Arizona republican., 1901-12-08

of Arizona and entitled: An Act to revise and codify the laws of Arizona" and that we do hereby form such cor poration and do hereby become incor- porated under said laws as a corpora tion, and we do hereby adopt Articles of Incorporation, to-wit: this instru- ment and these Articles of Incorpora- tion hereinafter and hereinabove set forth. and do hereby certify:
 FIRST: That the names of the cor porators are as follows:
 J. M. DUKE,
 CHAS. WEBB HOWARD,
 c. BRIER,
 EDWARD MILLS ADAMS and
 M. B. KELLOGG.
 SECOND: That the name of the cor poration is and shall be the PRE- CIOUS METALS RECOVERY COM PANY.'
 THIRD: That the said corporations principal place of transacting business Is the City of Phoenix. in the County of Maricopa. Territory of Arizona. FOURTH: That the general nature of the business proposed to be transact ed by the corporation Is the purchase by the corporation of and from c. T. Allen of all his rights under certain letters patent issued by the United States of America to the said C. T. Allen, numbered Six hundred and sev- enty- thousand one hundred 61s.1O0). for that certain device cov- cred by said letters patent and as the same Is described in said letters pat ent. and the conduct of the business of manufacturing, handling, dealing in. leasing and operating said device and machines therefor. and of selling rights under said letters patent or or dispos- ing of the same. and also to do and a natC whatsoever requisite. necessary, con- venient and proper in conducting, car rying out and continuing any of the purposes or business ve-mentioned. FIFTH: That the amount of capi- tai stock authorized is Ten thousand
 Gl0,00000) Dollars, divided into shares of the par value of One CS1 .OO) Dollar each, and that the same shall be paid in within three C3) months from the date of the incorporation of said cor poratio and that the conditions upon which the same is to be paid in are that the same may be called in by the Di- rectors or Board of Directors of the Corporation, and that no certificates shall be issued until said capital is fully paid in. and that the corpora ton shall not commence the transaction of business until the full amount of said capital stock is paid in. SIXTH: That the time of the com. mencement of the corporation shall be as soon as the same is organized accord ing to said laws and that the termina- tion Of said corporation shall be a the end of twenty-five (25) years there after. and that the said corporation shall endure for twenty-five (25) years immediately following said commence ment.
 SEVENTH: That the affairs of the corporation shall be conducted by q board to be called Board of Direct ors" and to consist of five (5) persons and that the officers of the corporation in addition to said Board, shall be President, Vice President, Secretary. Treasurer and General Manager. and that the said Directors, or Board of Directors, shall be elected by the mem- bers or stockholders annually on the same day and in the same month that the commencement of the corporation ! begins. and that all other officers. eX- 1 cept the Directors. shall be elected by the Board of Directors. to hold office during the pleasure of the Board, but not longer in each instance than the term for which the Board is elected.
 EIGHTH: That the highest amount of indebtedness and liability, direct or | contingent. to which the corporation is
 
 time to subject itself. is Five thousand Cs5.OO0.OO) Dollars.
 NINTH: That private property of the members or stockholders shall be exempt from liability for corporate debt
 TENTH: That the number of said Directors. or Board of Directors, shall be five (5).
 ELEVENTH: That the corpora ton NEI.. business as soon as these articles of as- sociation are filed for record in the office of the County Recorder of said County of Maricopa and q certified copy thereof with the Secretary of the Territory and the full amount of said capital stock Is paid in. IN WITNESS WHEREOF, The said corporators have hereunto set their hands and seals and acknowledged these Articles of incorporation as deeds are required to be acknowledged by the laws of said Territory. all on this the 18th day of November. A. D. 1901. J. M DUKE. (Seal) CHAS. WEBB HOWARD. (SeaI) C. BRIER, (Seal)
 EDWARD MILLS ADAMS. (seaI) M. B. KELLOGG (Seal.) In the presence off
 PELHAM w. AYES. A. T. MARVIN.
 State of California. City and County of San Francisco. ss.
 Before me, Geo. T. Knox, a Notary Public. in and for the said City and County of San Francisco, State of Cali fornia, duly commissioned and sworn and therein residing, at my office in said City and County. on this day. per sonally appeared J. M. DUKE, CHAS. WEBB HOWARD. c. BRIER, ED WARD MILLS ADAMS and NJ B. KELLOGG respectively personally known to me to be the respective per sons whose names are subscribed to the foregoing instrument or Articles of In- corporation, and they sevcralIy duly and respectively acknowledged to nc that each SoyeraIIv and