Arizona republican., 1901-12-09


 Legislative Assembly of the Territory of Arizona and entitled: An Act to revise and codiiy the laws of AriZona." and that we do hereby form such cor poratiOn and do hereby become incor- porated under said laws as corpora ton. and we do hereby adopt Articles of Incorporation. to-wit: this instru- 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:
 J. M. DUKE,
 CHAS. WEBB HOWARD. C. BRIER.
 EDWARD MILLS ADAMS and
 M. E. KELLOGG.
 SECOND: That the name of the cor pora ton is and shall be the "PRE- CIOUS METALS RECOVERY COM PANY.''
 THIRD: That the said corporation's principal place of transacting business i is the City e Phoenix, in the County of Maricopa, Territory of Arizona FOURTH: That the general na ture 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 t- IT. Allen. numbered Six hundred and sev- enty-nine thousand one hundred l (679. 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 manufacturing handling. dealing in 1 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 i whatsoever requisite, necessary, con- venient and proper in conducting. car rying out and continuing any of the purposes or business ove-mentioned. ] FIFTH; That the amount of capi- | t9l stock authorized is Ten thousand ! (S10.O00.O0) Dollars. divided into shares | Of the par value of One (s1.00) Dollar l each. and that the same shall be paid
 in within three (3) months from the date of the incorporation of said cor | pcra tion. and that the conditions upon ] which the same is 10 be paid in are tna the same may be called in by the Di-
 rectors or Board Of Directors of the oorporation. and that no certificates shall be issued until said capital is fully paid in. and that the corporation
 shail not commence the transaction of
 business until the full amount of said
 capital stock is paid in.
 SIXTH: That the time Sf the com
 meIiCement of the corpora ton shall be
 as soon as 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 (25) years there
 after. and that the said corpora tior
 shall endure for twenty-five C25) years ? immediately following said commence
 ment
 SEVENTH; That the affairs of the
 corpora tion shall be conducted by g
 board to be called a "Board of Direct
 ors" and to consist of five C5) persons
 and that the officers of the corpora tioT in addition to said Board, shall be President. Vice President, Secretary
 Treasurer and General Manager, ana
 that the said Directors. or Board O Directors. shall be elected by the mem
 bers or stockholders annually on thi
 same day and in the same month that the commencement of the corporation
 begins. and that all other officers, ex cept the Directors, shall be elected b! the Board Of Directors. to hold offic' during the pleasure of the Board, bu not longer in each instance than thu term for which the Board is elected. EIGHTH: That the highest amour } of indebtedness and liability, direct o
 
 1 at any time % be subject. or is at an,
 tine to subject itself, is Five thousanC (S5. 5.0O0.OO) Dollars.
 ) NINTH: That private property O ? the members or stockholders shall b. exempt from liability for corporat
 debt.
 TENTH: That the number of sai- : Directors, or Board of Directors, shal be five (5).
 ELEVENTH: That the corporation
 elects to commence the. transaction O business as soon as these articles of as sociation are filed for record in tn
 office of the County Recorder of sai County sf Maricopa and a certifie' copy thereof with the Secretary of tn ? Territory and the full amount of sai
 capital stock is paid in. ? IN WITNESS WHEREOF, The sai , corpcrators have hereunto set thei ( hands and seals and acknowledge thes 3 Articles of incorporation as deeds ar ! required to be acknowledged by the law n of said TerPitory, all on this the 19t Q Gay of November, A. D. 1901 p J. Nj. DUKE CSea1. CHAS. WEBB HOWARD, (Seal. c. BRIER, (Seal. EDWARD MILLS ADAMS. Seal q NJ. B. KELLOGG. (Seal
 In the presence off
 Q PELHAM w. AMES y A T. MARVIN. q State of California, City and County C I San Francisco, ss.
 Before me, Geo. T. Knox, a. Notar
 Public, in and for the said City an
 County of San Francisco, State of Cali > fornia, duly commissioned and swor ). and therein residing, at my office i
 said City and County. this day, per [. sonally appeared J. M. DUKE, CHA:
 WEBB HOWARD, c. BRIER, EI
 WARD MILLS ADAMS and M. l II x EELLOGG respectively personal y known to me to be the respective pel '" sons whose na mes are subscribed to t: Q foregoing instrument or Articles of IT a corporation, and they severally dul