Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1901-12-23
ARTICLES OF INCORPORATION
OF THE
SALT COMPANY

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 laws of Arizona, and we hereby
certify and declare:
FIRST.
That the name of said corporation
shall be INDEPENDENT SALT COM
PANY, and its 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:
1. To acquire by purchase or other
wise. and to sell. mortgage, lease or
otherwise dispose of saline lands. salt
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
and 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
3. To engage in and carry on the
business of buying. selling and dealing
in goods. wares and merchandise. and
property of every kind, including ma
chinery, 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.
5. 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
6. To negotiate loans on real and
personal and mixed property. and to
acquire. buy. sell. lease. hold. manage.
exchange. convey and hypothscate
property, real. personal and mixed. and
wheresoever situated. for itself as we'll
as for others. and to buy. sell. lease and
convey such property as may be con-
veyed to it in trust, or for its benefit.
or for money loaned, or otherwise.
Z. 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 (s1. 100. 0O0) dollars
and the number of shares into which 1t
is divided is One Million One Hundred
Thousand Q.100.O00) shares OF the par
value OF One (SD 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)
years from and after the day of it's in
corporation.
FOURTH
That the affairs of the corporation
are to be managed and conducted by
Board of seven Directors. elected by
it's stockholders at the first meeting
thereof, and each year thereafter
FIFTH.
That the highest amount of indebt-
edness and liability to which the cor
poration is at any time to subject itself
is Seven Hundred and Thirty-three
Thousand Three Hundred and Thirty
three (s733. $3.50 dollars.
SIXTH.
That the private property of the
stockholders shall be exempt from cor
porate debts.
SEVENTH.
That the Board of Directors may es-
tablish offices or agencies in any part
of the world. and may hold it's general
meetings, and the meetings of its
stockholders at such place and at
such time as it's Board of Directors or
its stockholders may select and may
keep the books of the corporation out
side the Territory of Arizona.
IN WITNESS WHEREOF We have
hereunto set our hands and seals this
sOth day of November. A. D.. 1901
II. A. KELLER.
Z. S. VALENTINE.
w. o. MOHLER.
JOHN w. KING.
c. w. KINNEY.
F. S. HAMMOND.
State of California. City and County of
San Francisco. IS.
On the 30th day of November. in the
year Nineteen Hundred and One. be-
fore me, II. B. Treat. a Notary Public
in and for the said City and County.
residing therein, duly commissioned
and sworn. personally appeared HI. A.
Keller, f. S. Valentine, w. o. Mother.
John w. King. c. w. Kinney and +. >.
Hammond, known to me to be the per-
sons described in. whose names are
subscribed to and who executed the
annexed instrument, and they ac-
knowledged that they executed the
same.
IN xUIrrNIrSs. WHER ZOE have