Arizona republican., 1902-01-29
ARTICLES OF INCORPORATION
OF THE
BAY STATE CHEMICAL COM
PANY."

KNOW ALL MEN BY THESE
PRESENTS; That we. whose hands
ere hereunto affixed. do hereby asso-
ca tie ourselves together for the pur-
pose of forming. a corporation under
TIE laws of the Territory of Arizona
and to that end make the following
statement:
First:
The names of the corporators are.
Allen d. Hammond, John H. McCleave,
Leslie T. Adams, and the name of the
corporation shall be BAY STATE
CHEMICAL COMPANY The princi-
ral place in which the business of said
corpora ton within the Territory of
Arizona is to be transacted is Phoenix,
Maricopa County. Arizona, and the
principal place of business OF said cor
pora ton outside the Territory OF Ari-
zc.na shall be the City of Brockton, in
the State of Massachusetts. at which
meetings of the Board of Directors may
be held, and the corporation may have
such branch offices either within or
without the Territory as may be estab-
liz he'd by the Board of Directors.
Second:
The general nature of the business
proposed to be transacted By this cor
poration is follows, to-wit:
To purchase, lease. bond. locate or
otherwise acquire, own, exchange, sell.
or otherwise dispose of. pledge. mort
gage. hypothecate and deal in any ard
ali kinds OF personal property; to do
general manufacturing ana mercantile
BIZ siness; to own, handle and control
letters patent and inventions; to Dor
row money and execute notes, bonds,
mortgages 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 secu-
rites and obligations any and all
rights, powers and privileges OF indi-
vidual owners thereof, including the
right to vote upon any shares of stock
held by II to the same extent that
natural person might or could do; ami
in general to do all things necessary
to the proper conduct of the business
of this corporation in the Territory and
elsewhere. not inconsistent with the
l:'ws Of the United States and the Ter
ritory of Arizona.
Third:
The authorized amount of capital
stock of this corporation shall be Three
Hundred Thousand dollars (S3OO, COO
divided into sixty thousand shares of
the par value of Five dollars CS5.O0)
each. two thousand shares of which
shall be known as preferred stock and
the remainder to be known common
sts elk. 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
tho sale and transfer to it of real or
Personal property for the uses and pur-
poses of said corporation, in payment
for which shares of the capital stock
of said corporation may be issued. and
TIE capital stock so issued shall there
upon and thereby become and be fully
paid up and non-assessa bic, and in the
| absence of actual fraud IN the TRANSACT
ton the Judgment of the Directors as
to the value of the property purchased
shall be conclusive.
Fourth:
| The time of the commencement of
this corporation shall be the date of the
| Ming of these articles OF Incorporation
III the office of the Secretary OF Ari-
zona, and the termination thereof shall
| be twenty-five years Thereafter
Fifth:
The affairs of this corporation shall
/ be conducted by Board Of Three Df-
re ctors and the following named shall
constitute the Board of Directors until
/ their successors are elected: Alien d.
! Hammond. John II. McCieave, ana
Leslie T. Adams. and said Board of
| Directors may be increased hereafter
! by the adoption or amendment of the
| bylaws of this corporation. There
after the Board of Directors shall be
! elected from among the stockholders as
the bylaws of the corporation may
provide.
Sixth:
The highest amount or indebtedness
1 a direct 20
| which this corporation is at any time
subject shall be TWENTY-FIVE Thousand
dollars ($25,ccO).
Seventh:
The private property OF the stock
holders of this corporation shall be ex-
eIT,pt from corporate debts of any kind
whatsoever.
IN WITNESS WHEREOF, We have
| hereunto set our hands and seals this
ninth day of January. 1902
ALLEN d. HAMMOND. (SeaD
JOHN H. McCLEAVE. (SeaD
LESLIE T. ADAMS. (SeaD
State of Massachusetts, County of Ply
mouth, IS.
year 1902. before me, Richard w. Nut
ter, a Notary Public in and for tbs
State and County aforesaid. residins
therein duly commissioned and sworn
personally appeared Allen D. Ham
nond, John II. McCleave and Leslie r
Adams, known to me to be the uerson:
described in, whose names are sub
scribed to. and who executed the an
rexed instrument, and they aclnowl
edged to me that they executed tn,
game for the purposes and considera
, tons therein expressed.
/ IN WITNESS WHEREOF, I hav,
| hereunto set my hand and affixed m,
official seal, at my office in the sal,
State and County, the day and yea
last above written.
| (Notarial Seal)