Arizona republican., 1902-01-02

acted in Phoenix, Maricopa County, Arizona, and the principal place or business of said corporation outside the Territory of Arizona shall be the City of New York 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 either within or without the Territory of Arizona as may be esta plished 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 purchase, lease. bond, locate or otherwise acquire, own, exchange, sell or otherwise dispose of, pledge. mortgage. hypothecate and deal in real estate and any and all kinds of personal prop erty, mines, mining claims, oil lands, mineral lands, oil, gas, asphaltum, pe- troleum, water and water rights and machinery. and to work. mine. explore, operate and develop the same: to do general real estate, manufacturing and mercantile business; to own, handle and control letters patent and inven- tions and shares of capital stock of other eorporati tions; 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 shares of stock held by it to the same extent that a 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 of capital stock of this corporation shall be one million dollars (sl,00o. .O00) divid- ed into one million shares of the par value of one dollar (si.00) each. At such time as the Board of Directors may by resolution direct, said capital stock shall be paid into this corpora tion either in cash or by the sale and transfer to it of real or personal prop erty for the uses and purposes of said corporation, in payment for which shares of the capital stock of said cor poration may be issued and the capital stock so issued shall thereupon and thereby become and be fully paid up and mona ssessable, and in the absence of actual fraud in the transaction the Judgment of the directors as 10 tae value of the property purchased shall be conclusive.
 Fourth: The time of the commence ment of this corporation shall be the date of the filing Of these Articles of Incorporation in the office of the Secre- | tary of Arizona, and the termination thereof shall be twenty-five years thereafter.
 Fifth: The affairs Of this corpora l ton shall be conducted by a board Of seven directors and the following names shall constitute the Board of Di- l rectors until their successors are elect ed: Frank w. Hunt Ralph D. Quarels, Frank Steunenberg, George A VII Hams, J. Bushnell Sperry Walter Cox Frederick Howell. Thereafter the Board of Directors shall be elected from among the stockholders as the By-Laws of the corporation may pro- vide.
 Sixth The highest amount of in debtedness or liability. direct or con- tingent. to which this corporal ton is at any time subject shall be six hundred thousand dollars ($6ooO00 | 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 l set OuI iie1IA'a7 HAAhA ''S~--- N eighteenth day of December. 1901. GEORGE A. WILLIAMS, (SeaD
 J. BUSHNELL SHERRY, (SeaD | FREDERICK HOWELL. (SeaD State of New York.
 County of New York. ss:
 On this eighteenth day of December, l in the year 1901 before me. Walter COX a Notary Public. in and for the state and county aforesaid, residing therein duly commissioned and sworn. person | ally appeared George A. Williams, d. Bushnell Sperry and Frederick Howell known to me to be the persons des- | cribed h. whose names are subscribed to. and who executed the annexed in- strument, and they acknowledged to me that they executed the same for the pI,rposes 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
 l CNotarial SeaD WALTER CON:
 Notary Public N Y County.
 My commission expires March Both 1902
 Territory of Arizona.
 County of MariCopa. ss:
 E. F. NcFan, County Recorder ir and for the county and territory afore- said, hereby certify that l have com pared the foregoing copy with the ori- ginaI Articles of Incorporat ton Of the Idaho Mining and Exploration com pany filed and recorded in my office or the 24th day of December, 1901, in Bool No. of Interpretations at Page = anc that the same is a full, true and correct copy of such original and of the whoi' thereof.
 WITNESS my hand and seal Of once this 24th day of December. 1901. (SeaD E. F. M FALL, 1 County Recorder
 By A S. ARTHUR, Deputy.
 Filed in the office of the Secretary O the Territory of Arizona this 24th da! of December, A. D., 1901. at ? p. m.
 WILLIAM ENGLISH.