Arizona republican., 1901-12-10

] 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 irstru- nent and these Articles of Incorpora- ton hereinafter and hcreinaboye set forth. and do hereby certify: FIRST: That the names of the cor porators are as follows:
 T. M. DUKE.
 CHAS WEBB HOWARD. C.. BRIE,R
 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 Msrieopa, 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 ratent issued by the United i States of America to the said C. T. Allen. numbered Six hundred and sev- enty- nine thousand one hundred (G79. 1OO). 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 sai1 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 ryinS out and continuing any of the purDo=es or business ve-mentioned. FIFTH: That the amount Of capi- | t"l stock authorized is Ten thousand 1 (S10,00 0.05) Dollars divided into shares of the par value or One CS1-OO) Dollar each. and that the same shall be paid | in within three (3) months from the 7 date of the incorporate of said cor i pors ton, 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 he issued until said capital is fully ps5d in. and that the corpora tion shah not commence the transaction of { business until the full amount of said I capitol stock is paid in.
 SIXTH: That the tirrr of the com ] rnenceTuent of the corporation shall be ' as soon ss the same Is organized accord ing to said laws. and that the termina- ! ton of said corporation shall be at the end of twenty-five C25) years there after and that the said corpora ton shall endure for twenty-five C25) years Immediately following said commence nlent.
 SEVENTH: That the affairs of the ! corpora ton shall be conducted by q hoard to be called a ''Roard of Direct crs'' and to consist of five C5) persons, [ end thet the officers Of the corpora tion in addition to said Board. shall be a President, Vice President. Secretary, Treasurer and General Manager, and that the said Directors. or Board oi Directors. shall be elected by the mem- bcrs or stockholders annually on tie same day and in the same month that 2 the ccrrmencement 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 or the Board, but rot longer in each instance than the term for which the Board is elected
 EIGHTH: That the highest amount Of indebtedness and liability. direct or ! at any time to be subject or is at any tis.le to subject itself. is Five thousand C$5.o0o.30) Dollars.
 ! NINTH: That private property oi 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 corporation ! elects to commence tEe transaction oi business as soon as these articles of as recitation are filed for record in the office of the County Recorder of said County of Maricop1 and certified copy thereof with the Secretary of the Territory and the full amount of said capital stccz is paid in.
 IN WITNESS WHEREOF, The said corporators have hereunto set their hands and seals and acknowledged thesc Articles Of incorporation as deeds arg required to be acknowledged by the laws Of said Territory, all on this the 18th Cay of November. A. D. 1901.
 J. M. DUKE. CSeaI)
 CIIAS. WEBB HOWARD. CSeal)
 c. BRIER. CSeal.)
 EDWARD MILLS ADAMS. (seaL)
 M B. KELLOGG. (SeaI.l
 In the presence of:-
 PELHAM w. AMES.
 A. T. MARVIN
 State Of California, City and County oi
 Ssn Francisco, ss.
 Before me, Geo. T. Knox, a Notary
 Public, in and for the said City and County of San Francisco, State of Cali
 forria. duly commissioned and sworr
 and therein residing. al my office ir said City and County. on this day. per
 scrally appeared J. M. DUKE. CHAS
 WEBB HOWARD, c. BRIER. ED
 WARD MILLS ADAMS and M. B
 KELLOGG respectively personally
 known to uie to be the respective per- sons whose names are subscribed to the foregoing instrument or Articles of In-
 cerporation. and they ssVerallY fiulN