Arizona republican., 1902-12-02

gether 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: O. A. Pease, Solomon w. Pease, John Rogers, Alfred T. Rogers, and the name of the corporation shall be THE WISCONSIN, ARIZONA MINING and DEVELOPMENT 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 of said cor poration outside the territory of Ari- zona shall be the city of Madison, in the State of Wisconsin. at which meet ings of the board of directors may be held. and the corporation may have such branch offices either within or without the Territory of Arizona as may be established by the board of di- rectors.
 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. locate or otherwise ac- quire, own, exchange, sell or otherwise dispose of. pledge, mortgage. hypothe- cate and deal in real estate and any and all kinds of personal property. mines, mining claims, oil lands. min eral lands, oil. gas, asphaltum, petrole- um, asbestos, salt, water and water rights and machinery. and to work, mine. explore, operate and develop the e fn do al fnt ta ufacturing and mercantile business to own, handle and control letters patent an 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 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 to might or could do; and in general to do all things necessary-to the proper conduct of the business of this corpor- ation in the territory and elsewhere not inconsistent with the laws of the
 
 zona.
 Third: The authorized amount of capital stock of this corporation shall be three million dollars (s3,000 000) di- vided into three million 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 corpora tion either in cash or by the sale and transfer to it or 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 non-assessable, and in the absence of actual fraud in the transaction the judgment of the directors as to the 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 there of shall be twenty-five years thereafter.
 Fifth: The affairs of this corporation shall be conducted by a board of four directors, and the following named shall constitute the board of directors until their successors are elected: O.. A Pease. Solomon w. Pease. John Rogers, Alfred T. Rogers. Thereafter the board of directors shall be elected from among the stockholders as the bylaws of the corporation may pro- T until their successors are elected shall be: O. A. Pease. president; John Rogers. vice-president; Alfred T. Rogers. secretary; Alfred T. Rogers, treasurer.
 Sixth: The highest amount of in debtedness or liability, direct or con tingent. to which this corporation is al any time subject shall be one mil lion dollars ($1 ,OOO. .O0O). which amount does not exceed two thirds the amount of the capital stock.
 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 here unto set our hands and seals this 18th day of November. 1902:
 O. A. PEASE. (SeaL)
 SOLOMON w. PEASE, (Seal)
 JOHN ROGERS. (SeaI)
 ALFRED T. ROGERS, (Seal) Territory of Arizona,
 County of Yuma, ss.
 On this 18th day of November, in the year 1902. before me. w. E. Scott, a notary public in and for the territory and county aforesaid. residing therein, duly commissioned and sworn, person ally appeared O. A. Pease, Solomon w. Pease, John Rogers and Alfred T Rogers, known to me to be the persons described in, whose names are sub- scribed to-. and who executed the an nexed instrument, and they acknowl- edged to me that they executed the ! same for the purposes and considera- tions therein expressed.
 In witness whereof, I have hereuntC set my hand and affixed my official seal, at my office in the said territory and county, the day and year last above written.
 (SeaD w. F. SCOTT.
 My commission expires Mar 16, 1905 Territory of Arizona