Arizona republican., 1902-08-02
ARTICLES OF INCORPORATION
 OF THE THE GRAND PIERRE LEAD &. ZINC MINING COMPANY


 ZINC MINING COMPANY.''
 Know All Men By These Presents ! That we. whose hands are hereunto affixed. do hereby associate ourselves | together for the purpose 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 are: s. N. Hecht, Tony R. Kerr Hen ry B. Pierce. Frank Staubitz. Walter R. Pierce, Ernest Laclley. and D. G. Thompson, and the name of the corpo- ration shall be Tine Grand Pierre Lead & Zine Mining Company. The princi- pal place in which the business of said corporation within the Territory of Arizona is to be transacted is Phoenix, Maricopa County. Arizona, and the principal place of business of said cor poration outside the Territory of Ari- zona shall be the City of Golconda in the State of Illinois. al which meetings of the Beard of Directors may be held. and the corporation may have such branch offices either within or without the Territory of Arizona as may be established by the Board of Di- rectors.
 Second: The general nature of the l business proposed to be transa cted by i this corporation is as follows, to-Wit: l To make contracts, to purchase i lease, bond, locate or otherwise ac- 1 quire, own, exchange, sell or otherwise i dispose of, pledge, mortgage, hypothe- | cate, and deal in real estate and any and all kinds of personal property. mines. mining claims. oil lands, min | eTal lands, oil. gas, asphaltum, petro- | leUm, asbestos, salt. water and water ] rights and machinery, and to work, | mlne. explore, operate and develop the l same; to do q general real estate, man 1 ufacturing and mercantile business; to | own, handle and control letters patent | and inventions and shares of capital stock O. other corporations; to borrow | money and execute notes bonds, mort 1 gages, or deeds of trust to secure the i same, and to exercise in respect of all such bonds, mortgages, notes, shares of capital stock and other securities and obligations any and all rights, powers and privileges of individual | owners thereof, including the right to vote upon any shares of stock held by it to the same extent that a natural person might CT could do; and in gen. eral to do all things necessary to the
 
 corporation in the Territory and else where, not inconsistent with the laws of the United States and the Territory | of Arizona.
 Third: The authorized amount of capital stock of this corporation shall be seven Hundred and Fifty Thousand dollars ($750.000.0O Gi.-ided into Seven Hundred and fifty thousand shares of ] he Va1I1a n 1n11orc each. At such time as the Board of Directors may by resolution direct, said capital stock shall be paid into this corpora tion either in cash or by | the sale and transfer to it of real or ! personal property for the uses and pur- i poses of said corporation, in payment for which shares of the capital stock Of said corporation may be issued and the capital stock so issued shall there upon and thereby become and be fully paid up and n-assessabe, and in the absence of actual fraud in the trans action, the judgment of the Directors as to the value of the property pur- chased 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 Secre- l ttiN Ol AIlZONd, ana the IeFn1lndll llOn thereof shall be twenty-five years thereafter,
 Fifth: The affairs of this corpora tion shall be conducted by a Board of seven directors and the following named shall constitute the Beard of Directors until their successors are elected: s. \. Hecht, Tony R. Kerr Henry B. Pierce. Frank Staubitz, Walter R. Pierce Ernest Lackey. D. c. Thomp- son. Thereafter the Board of Direct ors shall be elected from among the stockholders as the bylaws of the cor poration may provide. The officers of said corporation until their successors are elected shall be: s. N. Hecht, President; Tony R. Kerr. Vice-P Presi- dent Frank Staubitz, Secretary; Wal ter R. Pierce, Treasurer.
 , Sixth: The high est amount of in debtedness or liability, direct or con- tinsent, to which this corpora ton is at any time subject shall be Five Hun dred Thousand Dollars ($50O. GOO OO) which amount does not exceed two 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 whatsoever.
 In Witness Whereof, We have here , unto set our hands and seals this Eff teenth day nf July 1G02.
 : s. N. HEIGHT tSeaD
 TONY E. KERR (SeaD
 HENRY B. PIERCE (SeeD WzLTCR R. PTERCE (SeaD