Arizona republican., 1902-01-13
ARTICLES OF INCORPORATION
 OF THE
INGLENOOK MINING COMPANY.


 selves together for the purpose of forming a corporation under the laws Of the Territory of Arizona and We hereby agree to acknowledge the fol- lowing articles of incorporation to-wit:
 Article l. The names of the corpora tors are Jesse F.. Carter, Earl l.. Bull lion, George N. Baker. Herman F. Gerdes and Lemuel J. Gerdes. Article II. The name of this corpo- ration is The Inglenook Mining Com pany.
 Article III. The principal place at which the business of this corporation shall be transacted is the city of Phoe- nix, in the county of Maricopa, in the territory of Arizona
 Article ". The general nature of the business proposed to be transacted by this corporation is general mining, milling, s;nelting and reduction busi- ness; to purchase. lease, bond, locate or otherwise acquire, own, exchange, sell or otherwise dispose of real estate and any and all kinds of personal prop erty, mines, mining claims, oil lands mineral lands, oil, gas, asphaltum, pc troleum, water, water-rights, mill-sites and machinery; and to work mine, ex- plore and develop the same; to do a general real estate. manufacturing and mercantile businesss; to own handle and control letters patent. inventions 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 to all such notes. bonds, mortgages. deeds of trust. shares of capital stock and other secur- ities and obligations, any and all rights, powers and privileges of indi- vidual owners thereof, including the right to vote upon any and all shares of capital 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 of Arizona. not inconsist- ent with the laws of the United States and the territory of Arizona.
 Article V. The capital stock of this corporation shall be three million dol lars (S3, coo o0O), divided into three mil lion (3,OO0, ,00o, shares of the par value of one dollar (s1.OO) each. Said shares to be issued fully paid and non-assess- able. Such capital stock or any part thereof. may be issued in payment for property, rights or interests of any kind or nature, purchased or otherwjsr acquired, and shall be issued in pay ment therefor upon such terms as the board of directors of the corporation shall determine. and in the absence of actual fraud. the judgment of the di rectors as to the value of the property. rights or interests, purchased or other wise acquired shall be conclusive.
 Article VI. The time of commence ment of this corporation shall be from the date of the filing of these articles |of incorporation in the office of the Sec retary of the territory of Arizona, and the termination thereof shall be twenty-five years thereafter.
 Article VII. The management and control of the business, property and affairs of the corporation shall be vested in and conducted by board of net less than three nor more than five directors. The directors shall be elect ed annually. the first Monday in Jan uary.
 Article VIII. The officers of this cor poration shall be a president, a vice president a secretary. a treasurer aud such other officers and agents as the board of directors may deem necessary for the proper transaction of its busi- ness. Tine president and the vice president of this corporation shall be members of the board of directors. The secretary, the treasurer and all mem bers of the board of directors shall be stockholders of this corpora tion.
 Article TX. The highest amount of indebtedness or liability, direct or con tingent to which this corporation is at any time subject shall be one million dollars Cs1.QoO,eOO).
 Article x The private property of the stockholders of this corporation shall be exempt from corporate debts of any kind whatsoever
 Article XI. The board of directors of this corporation shall have power to establish bylaws and make all rules and regulations deemed expedient for the mana cement of the affairs of this corporation. Said bylaws. rules and regulations not to be inconsistent with the laws of the United States and the territory of Arizona.
 Article XII. These articles of incor- poration may be altered and amended at any regular meeting called expressly for that purpose. by the affirmative vote of the holders of at least two thirds of the capital stock of this cor poration.
 ! In witness whereof we have hereunto set our hands and seals, this the 9th day of January, A. D. 1902.
 JESSE F. CARTER. (Seal) l HERMAN F. GERDES. SealD EARL L. BULLION. (SealO | GEORGE N. BAKER. (Seal) LJ GERDES CSeaL) | Territory of Arizona, County of Mari | copa, ss.
 Before me. J. Ernest Walker, a No tary Public in the county of Maricopa. Territory of Arizona, on this day per sonally appeared Jesse F.. Carter. Her man E. Gerdes, Earl L. Bullion, George N. Baker, l.. J. Gerdes, known to me to te the persons whose names are sub scribed to the foregoing instrument. and acknowledged to me that they ex- ecuted the same for the purposes and consideration therein expressed. Given under nay hand and seal of of fee this 9th day of January, A. D. 1902 1 Notary Seal)
 l J. ERNEST WALKER. l Notary Dublic