Arizona republican., 1902-12-04


 and to exercise in respect of all such bonds. mortgages. notes, shares. of cap ital stock and other securities and ob- legations any and all rights, powers and privileges of individual owners there of, 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 corpo- ration in the. Territory and elsewhere not inconsistent with the laws of the United States and the Territory of Ari- zona.
 Third The authorized amount of capital stock of this corporation shall be One hundred thousand dollars ($100 G00), divided into ten thousand shares of the par value of Ten dollars (S10.00) 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 personal property for the uses and purposes of said corporation. in pay ment for which shares of the capital stock of said corporation may be is
 
 shall thereupon and thereby become and be fully paid up and non assess able, and in the absence of actual fraud in the transaction the judgment of the Directors as to the value of the prop erty 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 Sec retary of Arizona, and the termination thereof shall be twenty-five years thereafter.
 Fifth The affairs of this corpora tion shall be conducted by a Board of five Directors and the following named shall constitute the Board of Directors until their successors are elected: Will liam A. Simmons, Charles P. Simmons and A. E. Roeber. Thereafter the Board of Directors shall be elected from among the stockholders as the by laws of the corporation may provide. The officers of said corporation until their successors are elected shall be: William A. Simmons. President; A. F.. Roeber. Vice-President; Charles r.. Simmons. Secretary, and ---, Treasurer.
 Sixth: The highest amount of in- debtedness or liability, direct or con tingent, to which this corporation is at any time subject shall be Fifty thou sand dollars CS5O,0OO.-), which amount does not exceed two-t 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 whatever.
 In Witness Whereof, We have here unto set our hands and seals this 17th day of Nov. 1902.
 WILLIAM A. SIMMONS. (SeaD
 CHARLES P. SIMMONS. (SeaD
 M K COLD (SeaD State of New York.
 County of New York, ss.
 On this 17 day of Nov. in the year 1902, before me, Edw. Hotter Law, d Notary Public in and for the State anc County aforesaid, residing therein. duly commissioned and sworn, person. ally appeared William A. Simmons. Charles P Simmons and M. K. Gold, known to me to be the persons de- scribed in, whose names are subscribed to. and who executed the annexed in strument, and they acknowledged to me that they executed the same for the purposes and considerations therein eX- pressed.
 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.
 CNotary Scalp
 EDW. HOLTER LAW,
 Notary Public No. 95. My commission expires March 30, 1904. Territory of Arizona,
 County of Maricopa, ss.
 I. B.. F. McFall, County Recorder in and for the County and Territory aforesaid. hereby certify that I have compared the foregoing copy with the original Articles of Incorporation of the National Fuel Company, filed and recorded in my office on the 22nd day of November, 1902, in Book No. F 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 22nd day of November, 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 22nd day of November, A. D. 1902, at 2 D. m.
 ISAAC T. STODDARD,
 Secretary of Arizona First publication December 3.