Arizona republican., 1902-01-05

V, Arizona. and the principal place of business of said corporation outside the Territory of Arizona shall be the City of New York in the State of New York at which meetings of the Board of Directors may be held, and the cor poration may have such branch offices either within or without the Territory of Arizona as may be established by 1 the Board of Directors.
 Second: The general nature of the business proposed to be transacted by 1 this corporation is as follows, to-wit: 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 prop erty. mines, mining claims. oil lands. mineral lands, oil, gas, asphaltum, pe- troleum, water and water rights and machinery. and to work, mine. explore. | operate and develop the same; to do a general real estate, manufacturing and mercantile business; to own. handle and control letters patent and inven- tions and shares of capital stock of other corporations; to borrow 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 cap 1 ital stock and other securities and obli- gations 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 or could do; and in general to do all things necessary to the proper conduct of the business of this corporation in the Territory and elsewhere. not incon- | NF -In Unit tod States and the Territory of Arizona.
 Third: The authorized amount of capital stock of this corporation shall be one million dollars (S100O. .0O0) divid- ed into one million shares of the par value of one dollar (S1.00) 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 il of real or personal prop erty for the uses and purposes of said corporation. in payment for whlch shares of the capital stock of said cor poration may be issued and the capital stock SO issued shall thereupon and thereby become and be fully paid up and nonassessable. and in the absence of actual fraud in the transaction the judgment of the directors as 10 the value. of the property purchased shall be conclusive.
 Fourth: The time of the commence rnent of this corporation shall be the date of the filing of these Articles of Incorporation in the office of-the Secre- tary of Arizona. and the termination thereof shall be twenty-five years thereafter.
 Fifth: The affairs of this corpora ton shall be conducted by board of following names shall constitute the Board of Di- rectors until their successors are elect ed: Frank W. Hunt. Ralph D. Quarels, Frank Steunenberg. George A Will Hams, J. Bushnell Sperry, Walter Cox. Frederick Howell. Thereafter the Board of Directors shall be elected from among the stockholders as the Bylaws of the corporation may pro vide.
 Sixth The highest amount of in debtedness or liability, direct or con tingent to which this corporation Is at any time subject shall be six hundred thousand dollars (S600, ,0o0)
 Seventh: The private property of the of this corporation shall be exempt from corporate debts or any kind whatsoever.
 IN WITNESS WHEREOF. We have hereunto set our hands and seals this day of December. 1901.
 GEORGE A WILLIAMS. (SeaD
 J. BUSHNELL SHERRY, (SeaD
 FREDERICK HOWELL. (SeaD State of New York.
 County of New York, ss: On this eighteenth day of December in the year 1901 before me. Walter Cox a Notary Public. in and for the state and county aforesaid, residing therein, duly commissioned and sworn. person. ally appeared George A. Williams. J. Bushnell Sperry and Frederick Howell known to me to be the persons des- cribed 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 expressed IN WITNESS WHEREOF. l have hereunto set my hand and affixed my official seal. at my office in the said state and county. the day and year last a bove written. CNotarial SeaD WALTER COX.
 Notary Public.
 N Y. County My commission expires March 3oth. 1902
 Territory of Arizona.
 County of MariCopa, ss: I, B. r. McFall, County Recorder m | and for the county and territory atore- said hereby certify that l have com | pared the foregoing copy with the orl- ] ginaI Articles of Incorporation of the | Idaho Mining and Exploration com | pany filed and recorded in my office on | the 24th day of December, 1901, in Book | No. 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 24th day of December. 1901. (SeaD E. F. M'FALL,
 County Recorder. | By A s. ARTHUR. Deputy.
 Filed in the office of the Secretary of |