Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1902-01-26


The principal place in which the bust
ness of said Coporatio within the Ter
ritory of Arizona is to be transacted is
Phoenix Maricopa County, Arizona,
and the principal place of business of
said Corporation outside the Territory
of Arizona shall be the city of Nome IL,
the District o: Alaska, at which meet
ings of the Board of Directors may be
held or at any of its branch offices, and
the Corporation may have such branch
offices either within or without the Ter
rirory of Arizona. as may be estab-
lisked by the Board of Directors.
Second:
The general nature of the business
proposed to be transacted by this Cor
pOratioI, is as 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 real es-
tate and any and all kinds of persona;
property. mines. mining claims, oil
lands, mineral lands. oil, gas. as
phaltum. petroleum, water and water
rights and machinery, and to work.
mine, explore, operate and develop the
same: to do general real estate, trans
portatior, manufacturing and mercan-
tile businesses, respectively; to OWE
handle and control letters patent and
inventions 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 capital
stock and other securities and obIiga-
tions 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 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 Ter
ritory and elsewhere 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 Ten
Million Dollars $50, 600, OOO), divided into
ten million shares of the par value of
One Dollar C$1.OO each. At such time
as the Board of Directors may by reso-
luton direct, said capital stock shall be
paid into this Corporation either in
cash or by the sale and transfer to it of
real or personal property for the uses
ana purposes of said Corpora ton, in
payment for which shares OF the cap
ital stock of said Corporation may be
issued, and the capital stock so issued
shall thereupon and thereby become
and be fully paid up and non-assess-
able, and in the absence or actual fraud
in the transaction the Judgment of the
Directors as to the value or the prop
erty purchased shall be conclusive
Fourth:
The time of the commencement of
this Corporation shall be the date of
the filing of these Articles of Incorpora-
ton in the Office Of the Secretary Of
Arizona. and the termination thereof
shall he twenty-five years thereafter.
Fifth.
The affairs of this Corporation shall
be conducted by n Board of fifteen Di-
rectors and the following named shall
constitute the Board of Directors until
their SUCCESSORS are elected and vacan-
@ies filled: r. Ogden Doremus. F. Rob-
ert Steiner. Ira Mowery. Henry w. G.
Somborn. William S. Harlan. John E
Liederman, John F. HolIe. Jesse LARA
lee. John A Kraemer and Ernest p
Brook. Thereafter the Board of Di-
rectors shall be elected from among the
stockholders as the bylaws of the Cor
roration may provide.
Sixth:
The highest amount of Indebtedness
or liability, direct or contingent. to
which this Corporation is at any time
subject shall be Three Hundred and
Fifty Thousand Dollars (s35OOOO).
Seventh:
The private property of the stock
holders of this Corporation snail be
exempt from corporate debts of any
kind whatsoever.
IN WITNES WHEREOF We have
hereunto set our hands and seals this
eighteenth day of December. 1901
WILLIAM s. HARLAN, (SeaD
JOHN f. LIEDERMAN, (SeaD
JOHN f. HOKE, CSeaD
JESSE LARRABEE CSeaD
ERNEST p. BROOK. (SeaD
r. OGDEN DOREMUS. CSeaD
IRA MOWERY CSeaD
HENRY w. G. SOMBORN (SeaD
f. ROBERT STEINER. CSean
JOHN \. ERAEMER CSeaD
State of New York
County of New York. SIS.