Arizona republican., 1901-12-11


 Legislative Assembly of the Territory 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 ton. and we do hereby adopt Articles Of Incorporation. to-wit: this instirI- ment and these Articles of Incorpora- ton hereinafter and hereinabove set forth. and do hereby certify:
 FIRST: That the names of the cor porators are as follows:
 ! M. DUKE,
 CHAS. WEBB HOWARD.
 c. BRIER,
 EDWARD MILLS ADAMS and
 NJ. B. KELLOGG.
 SECOND: That the name of the cor poration is and shall be the "PEE- CIOUS METALS RECOVERY COM PANY"
 THIRD: That the said corporation's 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-nine thousand one hundred. (6r9.10o). 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 misunderstanding, 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 perform all other acts and things whatsoever requisite, necessary, con venient and proper in conducting, car rying out and continuing any of the purposes or business above e-mentioned.
 FIFTH: That the amount of cspi- tai stock authorized is Ten thousand (s1o.0o0.0o) Dollars. divided into shares of the par value Of One (S1.0O) Dollar each. and that the same shall be paid in within three (3) months from the date of the incorporation of said cor poration. 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 corporation shall not commence the transaction of
 
 capital stock is paid in.
 SIXTH: That the time of the com rnencement 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 at the end of twenty-five (25) years there after. and that the said corpora ton shall endure for twenty-five (25) years Immediately following said commence raent.
 SEVENTH: That the affairs of the corporation shall be conducted by a board to be called "Board of Direct CTS" and to consist of five (5) persons. and that the officers of the corporation in addition to said Board, shall be a 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 corpora ton begins. and that all other officers, ex- 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 at any time to be subject. or is at any time to subject itself, is Five thousand ($5, ,O0O.O0) Dollars.
 NINTH: That private property of the members or stockholders shall be exempt from liability for corporate debt
 Directors. or Board of Directors, shall be five (S.
 ELEVENTH: That the corporation elects to commence the transaction of 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 certified copy thereof with the Secretary of the Territory and the full amount of said capitol stock is paid in. l IN WITNESS WHEREOF. The said corporators have hereunto set their hands and seals and acknowledged these { Articles of incorporation sas deeds are required to be acknowledged by the laws of said Territory. all on this the 18th cay of November, A. D. 1901. J. M. DUKE (Seal) ] CHAS. WEBB HOWARD. (Seal.) I C. BRIER, (Seal.) EDWARD MILLS ADAMS, Cs'eal) M. B. KELLOGG. (s,eal) ) In the presence off
 PELHAM W. AYES. | A. T. MARVIN.
 | State of California. City and County of l 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 h. | corporation, and they severally duly