The Arizona sentinel., 1902-07-02
ARTICLES OF INCORPORATION
 OF THE Hubbard Airship Company


 Know all men by these presents; That we, the undersigned, have this day voluntarily associated ourselves together for the purpose of forming q corporation under the laws of the Territory of Arizona; and We hereby certify.
 First.-That the name of said corporation shall be the Hubbard Airship Company
 Second.-That the names of the incorpora- tors are A. F. Hubbard, s. A. Hubbard H. H. Carpenter. F. H. Smith and T. c. Still.
 Third.-That the general nature of business proposed to be transacted and the purposes for which said corporation is formed are: To buy, sell. own and lease patents, patent rights and inventions on airShipS and flying machines or pertaining to the same. to borrow money and to buy sell, build, manufacture, construct equip and navigate airships and flying machines to perfect the same and to do any and all things and engage in any and all business necessary or useful to the principal purposes of the corporation.
 Fourth.-That the principal place of trans acting the business of said corporation shall be at Yuma. in Yuma County. Territory of Ari- zona. with a branch office at the City of San Louis ObispO. in the County of San Louis ObiSpo State of California, and with other
 
 of Directors of said corporation shall designate. and that all directors and stockholders meet ings annual or otherwise may be held ut said City of San Louis Obispo. in said County of San Louis Obispo State of California. or at such other place or places as may be designated and determined on by the Board of Directors of said corporation
 Fifth.-That the term for which said cOrpOr ation is to exist is twenty-five years from and after the date of it's incorporation.
 Sixth.-That the private property of the stockholders of said corporation shall not be liable for the corporate indebtedness.
 Seventh.-That the highest amount of in- debtednesS and liability. direct or contingent. which said corporation is at any time to sub ject itself to. is the sum of S1O,OOO.m.
 Eighth.-That no assessment shall be levied or charged against the stock of said corpor- ation for any purpose whatever.
 Ninth.-That payment shall be made inn mediately for all stock subscribed and stock to be issued from time to time in payment for patents. patent rights and inventions or other property. real and personal, for incorporating and other expenses.
 Tenth-That the business and affairs of said corporation shall be conducted by Board of Directors, consisting of five stockholders of said corporation. to be elected on the first Mon day of May of each year and to serve for the period of one year thereafter. and until their successors are elected, and the officers of said corporation shall be q president. Ivice president, secretary and treasurer. all to be elected by the Board of Directors, and the names and residences of the direc tors of said corporation who are appointed for the first year and to until the election of their successors are as follows to-wit Names Residences A. F. Hubbard Simmler, San Louis Obispo
 County, California.
 $. A. Hubbard, Simmler, San Louis Obispo County, California
 H. H. Carpenter, San Louis ObiSpo, San Louis Obispo County, California.
 F. H. Smith, Santa Margarita, San Louis Obis- DO County California.
 T. C. Still, La PanZa, San Louis ObiSpO County. California,
 Eleventh.-That the amount of the capital stock of said corporation is one hundred thOuS- and (Sl000 000.O0) dollars. and the number of shares into which it is divided is one hundred thousand of the par value of one dollar each. Twelth.-That the amount of said capital stock which has been actually subscribed. iS twenty CS25) dollars, and the following are the names of the persons by whom the same has been subscribed, to-wit: Names of No of Shares Amount 1 A F. Hubbard. S5 $. A. Hubbard H. II. Carpenter. 3 F. H. Smith T. C. Still. ; In witness whereof. we have hereunto set our hands this 10th day of May. A. D. 1902