Arizona republican., 1902-05-14

 sonal property. mines, mining claims oil lands, mineral lands. oil. gas, as phaltum, petroleum. water and water rights and machinery. and to work. lmine, explore, operate and develop the same: to do a general real estate, man. ufacturing and mercantile business: to Iown. handle and control letters patent land inventions and shares of capital stock of other corporations: to borrow money and execute notes. bonds. mort gageS or deeds of trust to secure the same. and to exercise in respect of all lSuch bonds. mortgages, notes. shares of capital stock and other securities and obligations any and all rights, pow CTS and privileges of individual owners thereof. including the right to vote upon any shares of stock held by it ta the same extent that 2 natural persol might or could do; and in general to do all things necessary to the proper con- duct of the business of this corpora tion in the Territory and elsewhere. not inconsistent with the laws of the Unit ed States and the Territory of Ari- ZOna.
 Third:
 The authorized amount of capital stock of this corporation shall be one
 
 one million shares of the par value of one dollar ($1.O0) each. At such time as the Board of Directors may by resolu- tion direct, said capital stock shall be paid into this corporation either in cash or by the sale and transfer to it of real or personal property for the uses and purposes of said corporation. in payment for which shares of the capital stock of said corporation may be issued. and the capital stock so is sued shall thereupon and thereby be- come and be fully paid up and non inaccessible, and in the absence of ac- Itual fraud in the transaction the judg ment of the Directors as to the value of the property purchased shall be con- elusive.
 Fourth: | The time of the commencement of this corporation shall be the date of the filing of these Articles of IncorpOra- tion in the office of the Secretary of Arizona. and the termination thereof shall be twenty-five years thereafter. Fifth:
 The affairs of this corporation shall be conducted by a Board of seven Di rectors and the following named shall constitute the Board of Directors un
  P Hanan. Charles F. Lusch and J. R. Stevens of the City of New York; B. F. Hallet of Atlanta. Georgia; J. H. Ed wards. C. L. Emmons and G. H. Grubp of Kahspell. Montana. Thereafter the Board of Directors shall be elected from among the stockholders as the bylaws of the corporation may provide. Sixth: The highest amount of indebtedness or liability, direct or contingent, to which this corporation is at any time subject shall be two hundred thousanr. dollars ($20O,00W.
 Seventh:
 The private property of the stock holders of this corporation shall be ey- empt from corporate debts of any kind wha tsoever.
 | IN WITNESS WHEREOF. We have hereuntO set our hands and seals this eight day of April. 1902. ALFRED P. HANAN. (Seal) CHAS. r. LUSCH. (Seall J. R. STEVENS. (SeaID State of New York.
 County of Kings. ss. On this eighth day of April. in the year 1902, before me. Jean E. Stouvenel. Notary Public in and fer the State and County aforesaid. residing therein, duly commissioned and sworn, person. ally appeared Alfred P. Hanan. known ! to me to be the person described in. whose names are subscribed to and who executed the annexed instrument. and they acknowledged to me that they executed the same for the purposes and considerations therein expressed. IN WITNESS WHEREOF, I have | official seal. at my office in the said State and County, the day and year last above written.
 (Notarial Seal)
 JEAN E. STOJJVENEL. Notary Public.
 My commission expires March goth. 1903,
 State of Texas,
 County of Dallas, ss. On this twelfth day of April in the year 1902, before me. R. E. Gahogan, q Notary Public in and for the State and County aforesaid, residing therein duly commissioned and sworn, person. ally appeared Chas. r. Lusch. Known to me to be the person described in whose name is subscribed to, and who executed the annexed instrument. and he acknowledged to me that he exc cuted the same for the purposes and considerations therein expressed. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal. at my office in the said State and County. the day and year last above written.
 (Notarial Seal
 R. F. GAHOGAN. Notary Public. Dallas O.. Texas.
 My commission expires June 20th 1903
 State Of New York, County of New York, ss.
 On this nineteenth day of April, iD the year 1902, before me, Owen Ward. a Notary Public fer Duchess County New York. with certificate filed in New York County. residing in the City of Poughkeepsie. County Of Duchess, duly commissioned and sworn, person. ally appeared J. R. Stevens. known to