Arizona republican., 1902-11-10
ARTICLES OF INCORPORATION
 OF THE NEW YORK. AND WESTERN MINES
 COMPANY

<AlN l4E-o Of' lNOORBORATlON
 OF THE
 NEW YORK.AND WESTERN MINES
 COMPANY.
 Know all men by these presents. that We, whose hands are hereunto af- fixed, do hereby associate ourselves to- Sether for the purpose of forming a corporation under the laws of the Ter ritory of Arizona, and to that end make the following statement:
 First: The names of the corporators are: w. Fenton Myers, Richard Mur phy, Dr. A. V. H. Smyth, Ava H. Gum mell, Frank E. Kolb Clarence Earns worth. Emmanuel l.. Dreibelbis William H. Turner, Howard B. Spencer. Casper Wells and John J. Gregg. and the name of the corporation shall be New York and Western Mines Company. The principal place in which the business of said corporation within the Territory of Arizona is to be transacted is Phoe nix, MaricOpa county, Arizona, and the principal place of business outside the territory of Arizona shall be the City of Amsterdam. in the State of New York, at which meetings of the board of directors may be held, and the cor poration may have such branch offices
 
 of Arizona as may be established by the board of directors.
 Second: The general nature of the business proposed to be transacted by this corporation is as follows, to-wit:
 To make contracts; to purchase, lease, bond or otherwise acquire. own, exchange, sell or otherwise dispose of, pledge. mortgage, hypothecate and deal in real estate and any and all kinds or personal property, mines, mining claims, oil lands. mineral lands, oil, gas, asphaltum, petroleum. asbestos, salt, water and water rights and ma chinery, and to work. mine, explore, operate and develop the same; to do a general real estate. manufacturing and mercantile business: to own, han dle and control letters patent and in- Venttons and shares of capital stock of other corporations; 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 cap ital stock and other securities and obli- gations any and all rights, powers and privileges of individual owners thereof, including the right to vote upon any share of stock held by it to the same extent that natural person might or could do; and in general to do all things necessary to the proper conduct of the business of this corporation in the territory and elsewhere. not incon- sistent with the laws of the United States and the Territory of Arizona.
 Third: The authorized amount oi capital stock of this corporation shall be one million five hundred thousand dollars ($1,500,0 ,000), divided into one million, five hundred thousand shares of the par value of one dollar (S1.00) each. At such time as the board of directors may by resolution direct, said capital stock shall be paid into this corporation either in cash or by the sale and transfer to it of real or per sonal property for the uses and pur- poses of said corporation, in payment for which shares of the capital stock of said corporation may be issued. ard the capital stock so issued shall there upon and thereby become and be fully paid up and non -assessable, and in the absence of actual fraud in the tran saction the judgment Of the directors as to the value of the property pur- ..has-,i shall be conclusive.
 Fourth: The time of the commence ntent of this corporation shall be the date of the filing of these Articles of Incorporation in the office of the Sec re;ary 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 eleven directors, and the following named shall constitute the board of directors until their successors are elected: w. Fenton Myers, Richard Murphy, Dr. A V. H. Smyth, Ava H. GummeI, Frank F. Kolb, Clarence Farnsworth, Elm manuel H. Dreibelbis, William H. TNur- ner, Howard B. Spencer, Casper Wells and John J. Gregg. Thereafter, the board of directors shall be elected from among the stockholders as the bylaws of the corporation may provide. The officers of said corporation until thelr successors are elected shall be: w.. Fenton Myers, president; Clarence Farnsworth, vice president; Richard Murphy, secretary; Dr. A. V. Il. Smyth, treasurer.
 . Sixth. The highest amount of indebt- edness or liability, direct or conten- gent. to which this corporation IS al any time subject shall be one million dollars (s1. 900, ,OO0). which amount does not exceed two-thirds the amount or the capital stock.
 Seventh: The private property of the stockholders of this corporation small he exempt from corporate debts of any kind whatsoever.
 In witness whereof, we have hereunto set our hands and seals this lIth day of October. 1902. w. BENTON MYERS, (Seal) RICHARD MURPHY, (Seal.( ARTHUR V. H. SMITH, CSeai') ALVA H. GUMMELL, (Seal.) FRANK E. KOLB, (oeai'l HOWARD B. SPENCER, CSeaI.l CLARENCE FARNSWORTH, (Seal. ) EMMANUEL l.. DREIBELBlS, CSealJ WILLIAM H. TURNER, tSeaI) CASPER WELLS, (oeai') JOHN J. GREGG, (Seal' Territory of Arizona,
 County of Maricopa. S>'
 L B. F. McFall, county recorder Tn and for the county and territory afore- said. do hereby certify that l nave compared the foregoing copy with the original Articles of Incorporation or the NEW YORK AND WESTERN NJTNrES COMPANY filed and recorded