Arizona republican., 1902-01-06

Territory of Arizona is to be trans acted in Phoenix, Maricopa County. 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 i 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 the Board of Directors.
 Second: The general nature of the business proposed to be transacted by
 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, pc | troleum, water and water rights and mac achinery, 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 corpora tionS; to borrow money and execute notes, bonds, mortgages. or deeds of trust to secure the same,
 
 bonds, mortgages. notes, shares of cap ital stock and other securities and obli- gallons any and all rights, powers and privileges of individual owners thereof. including the right to vote upon any shares of stock held by 1t 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- sistent with the laws of the United
 States and the Territory of Arizona. Third: The authorized amount of capital stock of this corporation shall
 be one million dollars (s1,000, ,000) 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 ton either in cash or by the sale and transfer to 1t of real or personal prop erty for the uses and purposes Of sald corporation, in payment for which shares of the capital stock of said cor
 ation 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 10 the value of the property purchased shall be conclusive.
 Fourth: The time of the commence ment of this corporation shall be the date of the filing of these Articles or 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 lx- hna r1 nf seven directors and the following names shall constitute the Board of Di- rectors until their successors are elect ed: Frank w. Hunt, Ralph D. Quareis' Frank Steunenberg, George A. Wh- liams J. Bushnell Sperry, Walter COX,
 Frederick Howell. Thereafter the Board of Directors shall be elected from among the stockholders as the Ry-I.aws of the corporation may pro- vide.
 Sixth The highest amount of in- debtedness or liability, direct or con i tingent, to which this corporation is at any time subject shall be six hundred l thousand dollars (s600,O00O Seventh: The private property Of the stockholders 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 eighteenth day of December. 1901 GEORGE A WILLIAMS, (SeaD J. BUSHNELL SHERRY, (SeaD FREDERICK HOWELL. CSeal) 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. Willams' J. Bushnell Sperry and Frederick Howeii known to me to be the persons oes- cribed in whose names are supscripeu +o and who executed the annexed ln- strument and they acknowledsed 10 me that they executed the same TOT the purposes and considerations thcrelh expressed.
 IN WITNESS WHEREOF. I have | hereunto set my hand and affixed my official seal at my office in the said state and county, the day and year last above written.
 (Notarial SeaD WALTER cox, Notary Public. N. Y. County
 My commission expires March s0th. | 1902
 | Territory of Arizona.
 County of MariCopa, ss: I, B. F. McFall, County Recorder Tn | and for the county and territory afore- said, hereby certify that l have com
 pared the foregoing copy with the orl- ginal Articles of Incorporation or lhe Idaho Mining and Exploration com pany filed and recorded in my ofhce on the 24th day of December, 1901, in Book No. s 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 B. F. M'FALL, | County Recorder.