Arizona republican., 1902-01-29
ARTICLES OF INCORPORATION
OF THE
SOLAR FURNACE AND POWER
COMPANY"

PRESENTS: That we. whose hands
are hereunto affixed, do hereby assoc
late ourselves together for the prr
pose of forming corporation under
the laws of the Territory of Arizona,
and to that end make the following |
statement:
First: The names OF the corporators |
and amounts subscribed are: Albert |
Carter. Fifty Thousand Dollars ESQ., |
o0OO); o. o. Simpson, Ten Thousand |
Dollars, $4,000; NJ. J. Conner, Ten |
Thousand Dollars (s10,00O); and the |
name of the corporation shall be So |
LAR FURNACE AND POWER COM |
PANY. The principal place in which !
the business of said corporation within
the Territory of Arizona is to be trans
acted is Phoenix, Maricopa County,
Arizona, and the principal place of
business of said corporation outside
the Territory of Arizona shall be the
City of Los Angeles. in the State of
California, 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 of Arizona as may be estab-
iished by the Board of Directors.
Second: The general nature of the
business proposed to be transacted by
this corporation is as follows, to-wit:
States for Albert Carter's new inVen-
ton for generating heat from the SUMS
rays, to make improvements thereon
and to obtain L. s. patents for said
improvements, to develop and manu-
sacture the Solar Furnace and put it
on the market for smelling all kinds
of ores and minerals, for generating
steam and electricity to run pumping
plants and other machinery and for all
I r,-Hs fe le
adapted. to put up Solar shelters at
various mines for an interest in said
mines. to put up Solar pumping plants
| and develop water for irrigation pur-
poses. To purchase. lease. bond, locate
or otherwise acquire, own, exchange,
| sell or otherwise dispose of, pledge,
mortgage. hypothecate and deal in
| real estate and any and all kinds of
| personal property, mines, mining
claims. mineral lands. water and water
rights and machinery, and to woE K.
mine. explore, operate and develop the
same: TO do general real estate, man
| ufacturing and mercantile business; to
own, handle and control letters patent
and inventions and shares of capital
stock of other corporations; to borrow
| money and execute notes. bonds, mort
cages or deeds of trust to secure the
same. and TO exercise in respect of all
| SuCn bpIbS. mortgages HOlt,- s-idl g
of capital stock and other securities
and obligations any and all rights.
powers and privileges of Individual
owners thereof. including the right u
vote upon any shares of stock heli by
it 20 the same extent that natural
person might or could do; and in gen
eral to do all things necessary to the
proper conduct of the business OF this
corporation in the Territory and else
where, not inconsistent with the laws
of the United States and the Territory
of Arizona.
Third: The authorized GmO-Ht of
capital stock of this corporation shall
be Four Hundred Thousand Dollars
(SiOO, OO0) divided into Four Hundred
Thousand shares of the par value of
one dollar SD each. At such time as
the Board of Directors may ny reso-
luton direct, said capital stock snail
be paid into this corpora ton either in
cash or by sale and trans ~ to it OF
real or personal property for the uses
and purposes of said CORPORATION, in
payment for which shares OF the cap
ital stock of said corporation may he
issued, and the capital stock 50 issued
| shall theTeupoa and Thereby become
and be fully paid up ana non-assessa
BILE, 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
rotary of Arizona, and the termination
. thereof shall be twenty-five years
thereafter.
Fifth: The affairs of this corpora
, ton shall be conducted by a Board OF
Three Directors and the following
, named shall constitute the Board of Di-
, rectors until their successors are elect
ed: Albert Carter, o. o. Simpson, Nj.
Conner. Thereafter the Board of Di-
, rectors shall be elected from among
, the stockholders as the bylaws of the
corporation may provide.
Sixth: The highest amount of in
debtedness or liability, direct or con
tingent. to which this corporation i:
at any time subject shall be Thirty
Thousand Dollars (sS0,000)
Seventh The private property o.
: the stockholders of this corporation
shall be exempt from corporate debts
of any kind whatsoever.
IN WITNESS WHEREOF, We have
: thereunto set our hands and seals thi:
18th day of January, 1902.
ALBERT CARTER, (Seal
o. o. SIMPSON, (Seal
NJ J. CONNOR. (Seal
State of California.
County of Los Angeles. S.
On this 14th day of January in tn
l year 1902. before me. Marie II. Hueh
: ner. a Notary Public in and for tn
State and County aforesaid. residirt
therein, duly commissioned and sworn
personally appeared Albert Carter, Q
o. Simpson and NJ ]. Conner, KNOW
| to me to be the persons described in
whose names are subscribed to, am
I who executed the annexed instrument
and they acknowledge to me that the.
: executed the same for the purpose an