Arizona republican., 1902-09-20
States and the laws Of the Territory of

States and the laws oi the Territory of Arizona.
 Fourth: The authorized amount Of capital stock in this corporation shall be Three Hundred Thousand ($30O .OOO) Dollars, divided into Three Hundred Thousand (5OOOOO) shares of the par value of One C1OC) Dollar each
 At such time as the Board Of Direct CTS may by resolution direct, the stocl, shoH be pcid into this corporation either in cash, services, property, trademarks, trade-namcs, contracts, processes, naterts or inventions. and the capital stock so issued shall there upon and thereby become and be full paid and -assessable. and in the ab- selce of actual fraud in the transac- ton. the judgment of the Directors as to the value of the property thus pur- chased. shall he conclusive.
 Fifth: The time of the commence ment of this corporation shall be the date of the filing of these articles Cf incorporation in the office O; the See rctavy of Arizona, and the termination thereof shall be twenty-five years thereafter.
 Sixth: The affairs of this corpora tion shou be conducted by a Board Of Five Directors. who shall be elected annually by the stockholders cf the corporation.
 seventh. The highest amount of in- debtedness or liability direct or con tngent, to which this corporation is at any time subject shall he One Hundred Thousand ($10o.OOO) Dollars
 Eighth: The private property cf the stockholders of this corporation shall be exempt from corporate debts of any kind whatsoever.
 Tn Witness Whereof. We have here unto set our hands and seals this 5th day of August. A. D. 1902. JOSEPH R. WICKERSHAM (SeaD WILLIAM A. RUSHWORTH CSeaD ERNIE G. GREY (SeaD WILLIAM R. OWEN (saaD FREDERICK c. SMITH (SeaD State of Illinois,
 County of Cook. ss.
 On this 9th day oi August. in the year 1902. before me. Gustaf w Hall hom. a Notary Public in and for the State and County aforesaid, residing therein. duly commissioned and sworn, personally appeared Joseph R. Wicker sham. William A. Rushworth. Ernie G. Grey. William F. Owen and Frederick c. Smith. known to me to be the per sons described in. whose names are subscribed to, and who executed the annexed instrument. and they ac- knowledged to me that they executed the same for the purpose and consider atiOns therein expressed.
 Tn Witness Whereof I have hereunto set my hand and affixed my official seal al my office in the said State and County the day and year last above written
 (Seal) GUSTAF w. HALLBOM. Notary Public in and for the County
 of Cook and State of Illinois.
 My commission expires Dec. 9, 19O3 Territory cf Arizona,
 County of Maricopa. ss
 I. E. r. McFaIl. County Recorder in and for the County ard Territory aforesaid. hereby certify that I have compared the foregoing copy with the original Articles of Incorporation of the American Hide Process Company filed and recorded in my office on the 18th day of September. 1902. in Book No. 12 of Interpretations at Page -, and that the same is a full, true and correct copy of such original and of the whole thereof.
 Witness my hand and seal of office, this 11th day of Sept. 1902.
 (Seal) B. F. McFALL.
 County Recorder By A. s. ARTHUR, Deputy
 Filed and recorded in the office of the Secretary of the Territory of Arizona this 12th day of September, A. D. 1902. at 2:50 D: m.
 ISAAC T. STODDARD.
 Secretary of Arizona First publication September Is,