Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1901-12-24

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ARTICLES OF INCORPORATION
OF THE
INDEPENDENT SALT COMPANY"
KNOW ALL MEN BY THESE
PRESENTS: That we, the under
signed. have this day voluntarily asso-
ciated ourselves together for the pur-
pose of forming a corporation under
the DAVIS OF Arizona, and we hereby
certify and declare:
FIRST
That the name of said corporation
shall be INDEPENDENT SALT COM
PANY, and it's principal place of
transacting business Phoenix. Arizona.
SECOND.
That the purposes for (which the said
corporation is formed. and the general
nature of the business to be transacted.
are as follows:
/. To acquire by purchase or other
WISE and to SELL mortgage, lease or
otherwise dispose OF saline lands. salt
mines, or interests in said lands or
mines. to manufacture, refine. pur-
chase and sell salt, borax and kindred
products and chemicals.
2. To acquire by purchase, lease, ex-
change, or otherwise, in any part of
the world, and to hold, manage, oper-
ate, deal in or dispose Of personal. real
ana mixed property. including lands.
mines and mining claims, timber lands,
wharves, shipyards or docks, patents
franchises, wells, reservoirs, conduits
and bitches for water supply, and
rights Of way for same.
e. To engage in and carry on the
business of buying. selling and dealing
in Foods, wares and merchandise, and
property of every kind, including ma
chipery, and the erection thereof, also
tanks, reservoirs and pipe lines.
whether the same be for the storing of
OIL water or other commodity.
4. To buy and sell, and generally
to deal in bonds stocks and CONNER
cial paper. mortgages. notes and other
securities. of individuals. firms. associ-
atoms. CORPORATIONS or municipalities.
as principal or as broker or factor for
others. Including the right to subscribe
for, purchase. sell, hold, deal in or ex-
change its own stock or bonds
s. To act as trustee, agent or attor-
ney for individuals. firms, associations
or corporations. public. and private.
and to attend to any and all matters OF
trust, sies . saa os.--
: 6. To negotiate loans on real and
personal and mixed property, and to
0cQulTt. guy, Sell, lease. nOiQ, Uldudkt.
exchange. convey and hypothscate
rroperty. real. personal and mixed. and
wheresoeyer situated. for itself as we'll
as for others. and to buy. sell. lease and
convey such property as may be con-
veyed to IL in trust. or for its benefit,
or. for money loaned, or otherwise
=. To issue bonds of different
classes. maturing at different terms of
years. and drawing different rates of
interest, or to be non-interest bearing.
secured by such collateral as its Board
of Directors may deem proper and for
the best interests of the corporation.
8. And generally to do all such
things and acts necessary or apper-
tanning to the transaction of any and
all of said business.
SECOND.
That the amount of capital stock of
said corporation is one Million. one
Hundred Thousand ($f 100. OOO) dollars
and the number of shares into which ii
is divided is One Million One Hundred
Thousand q. 100. O0O) shares of the par
value of One (S1) dollar each: that the
said shares are to be subscribed for
and paid at such times and under such
conditions as the stockholders or the
Board of Directors may determine
THIRD.
That the term for which said corpo-
ration is to exist is twenty-five (25)
wears from and after the day of its in
CORPORATION.
FOURTH.
That the affairs Of the CORPORATION
are to be managed and conducted by
a BOARD NJ sever Directors elected. nv
ito stoctho,ders ar the f,rst meeting
thereof and each wear thereafter.
FIFTH
That tho highest amount of indebt-
ednass and uabiIitv TO which the cor
noration is ar anv time to subject itself
10 seven Hundred and Thirty-three
Thonsand Three Hundred and Thirty
thraa Ts7aa aaa, dollars
- SIXTH
That the nrivate nronertv of the
stockho,ders shall he exempt from COR
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