Arizona republican., 1902-05-20
ARTICLES OF INCORPORATION
 OF THE DOMESTIC OIL BURNER COM
PANY."

are hereuntO affixed, do hereby aSSocl- ate ourselves together for the purpose of forming q corporation under tn" laws oi the Territory of Arizona, and to that end make the following state ment:
 First: The names of the corporato"s are: Loephus T. Scherer, Peter $. Hairston and Edgar P Ward and the name of the corporation shall be Do- nestle Oil Burner Company. The principal place in which the business of said corporation, within the Terri tory of Arizona. is to be transacted is Phoenix, Maricopa County, Arizona, and the principal place of business of said corporation outside of the Terri tory of Arizona shall be the City of 1 St. Louis in the State of Missouri. at which place meetings of the Board Of Directors and of the stockholders of the corporation may be held, and the corporation may have such branch of | fees either within or without the Ter | ritory of Arizona as may be eStab- lished by the Board of Directors
 Second: The general nature of the business proposed to be transacted by this corpora ton is as follows, .towit: l To purchase or acquire the lett arS patent of the United States of America granted to Loephus T. Scherer and Howard C. Jones. dated Aug. 30th, 1S9S. and numbered 609SSS covering the manufacture of Hydrocarbon Burne,S: | to own handle and control letters pat ent and inventions and shares of cap l ital stock of other corporations: to purchase lease. bond, locate or other | wise acquire, own. exchange. sell CT | otherwise dispose of. pledge. mortgage. hypothecate and deal in real estate and any and all kinds of property whether | real personal or mixed. to do gen | eraI real estate. manufacturing and mercantile business; to borrow money and execute notes, bonds, mortgages. or deeds of trust to secure the same. and to exercise in respect of all such bonds. mortgages, notes, shares of capital stock and other securities and obligations any and all rights, powers, and privileges of individual owners thereof, including the right to vote upon any shares of stock held by it 10 the same extent that a natural person might or could do; and in general to do all things necessary to the proper conduct oi the business of this cor poration in the Territory and else where; not inconsistent with the laws of the United States of America or of the Territory of Arizona.
 | Third: The authorized amount of capital stock of this corporation shall be One Hundred Thousand Dollars C100.OG0) divided into One Hundred Thousand shares of the par value of One Dollar (S1.00O each. At such time as the Board of Directors may by resp luton direct. said capital stock shall be paid into this corporation either in cash CT by the sale and transfer to it of real or personal property for the uses and purposes of said corporation, CT by valuable services rendered to said corporation in payment for Whi:,h shares of the capital stock of sail corpora tion may be issued and the cap ital stock so issued shall thereupon and thereby become and be fully paid up and non-as -assessable and in the absence O. actual fraud in the transaction the judgment of the Directors to the value of the property purchased and services rendered shall be conclusive.
 Fourth: The time of the commence ment of this corporation shall De the date of the filing of these articles of in corporation in the office of the Secre- tary Of Arizona, and the termination thereof shall be Twenty-Five years thereafter.
 Fifth: The affairs of this corporal tion shall be conducted by a board of seven directors and the following named shall constitute the Board Of Directors until their successors are elected: L. Y Scherer, Peter s. Hairs ton. F. P. Ward, T. P. Thue. C. G. Will liam. F. A. Daemner and w. s. Bird- song Thereafter the Board of Direc- tors shall be elected from among the stockholders as the bylaws of the cor poration may provide
 Sixth: The highest amount of in- debtedncss or liability. direct or con- tingent, to which this corporation is at any time subject shall be Sixty Thousand Dollars ($6O.OOO).
 Seventh: The private property of the stockholders of this corporation shall be exempt from corporate debts ,, of any kind whatsoever.
 IN WITNESS WHEREOF, We have hereunto set our hands and seals this , 12th day of May. 1902.
 , LOEPHUS T. SCHERE2. PETER s. HAIRSTON. EDGAR P. WARD
 State of Missouri,
 City of St. Louis. ss.
 , On this 12th day of May. in the ynal
 1902. before me. Marie E. Des ltulS-
 seaux. notary public. in and for the State and City aforesaid residing therein, duly commissioned and sworn . personally appeared Loephus T. Sch"r- = CT. Peter s. Hairston. Edgar P: Ward
 known to me to be the persons de-
 Scribed in. whose names are subscrib ac |, to, and who executed the annexed in-
 strument, and they acknowledged t. . me that they executed the same fol
 the purposes and considerations there in expressed.
 I IN WITNESS WHEREOF. l have |, hereunto set my hand and affixed m! !, official seal at my office in the s;tit c State and City. the day and year las above written.
 (SealO
 3 MARIE F. DIES RUISSEAUN.
 Notary Public
 My commission expires June 4th. 1905 . Territory of Arizona,
 County of Maricopa, ss