Arizona republican., 1902-05-21
ARTICLES OF INCORPORATION
 OF THE DOMESTIC OIL BURNER COM-
 PANY"

KNOW ALL MEN BY THESE PRESENTS: That We whose hands are hereunto affixed, do hereby associ- ate ourselves together for the purpose of forming d corporation under the laws of the Territory of Arizona. and to that end make the following state ment:
 First: The names of the cOrporato"s are: Loephus T. Scherer, Peter $. Hairston and Edgar r. Ward and the name of the corporation shall be Do nestle Oil Burner Company. The principal place in which the business of said corporation, within the Terri tory of Arizona, is to be transacted is Phoenix. Maricopa County, Arizona, and the principal place of business of said corporation outside of the Terri tory of Arizona shall be the City of St Louis in the State of Missouri, at which place meetings of the Board of Directors and of the stockholders of the corporation may be held. and the corporation may have such branch of- fees either within or without the Ter ritory of Arizona as may be estab- lished by the Board of Directors
 
 business proposed to be transacted by this corpora tion is as follows. to-wit: To purchase or acquire the letters patent of the United States of America granted to Loephus T. Scherer and Howard C. Jones, dated Aug. 30th, 1S9S and numbered 609S3S covering the manufa cture of Hydrocarbon Burnefs: to own, handle and control letters pat ent and inventions and shares of cap ital stock of other corporations: to purchase, lease. bond. locate or other wise acquire, own, exchange, sell or otherwise dispose of, pledge, mortgage, | hypothecate and deal in real estate and any and all kinds of property whether i real personal or mixed. to do a gen eral real estate, manufacturing and | mercantile business; to borrow money 1 and execute notes, bonds, mOrtgag gaS, | 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 obligations any and all rights, powers, 1 and privileges of individual owners thereof, including the right to vote upon any shares of stock held by it 10 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 cor poration in the Territory and else where; not inconsistent With the laws of the United States of America or of the Territory of Arizona.
 Third: The authorized amount of capital stock of this corporati tion shall be One Hundred Thousand Dollars | ($10O. .OO0) divided into One Hundred Thousand shares of the par value of One Dollar CS1.00 each. At such time as the Board of Directors may by resp luton direct, said capital stock shall 1 be paid into this corporation either in cash or by the sale and transfer to it of real or personal property for the uses and purposes of said corporation, or by valuable services rendered to said corpora ton, in payment for which shares of the capital stock of said l corporation may be issued and the cap ital stock so issued shall thereupon and thereby become and be fully paid up and non n-assessable and in the absence oi actual fraud in the transaction the | judgment of the Directors as to the value of the property purchased and services rendered shall be conclusive. | Fourth: The time of the commence ment of this corporation shall De the date of the filing of these articles of in- cooperation in the office of the Secre- tary of Arizona. and the termination thereof shall be Twenty-Five years | thereafter.
 Fifth: The affairs of this corpdra- ton shall be conducted by a board of seven directors and the following named shall constitute the Board of n l,1i,. elected: L. T. Scherer Peter s. Hairs ton. F. P. Ward, T. P. Thue.. c. G. Will liam, F. A. Daemner and w. g. Bird song. Thereafter the Board of Direc- tors shall be elected from among the stockholders as the bylaws of the cor pora tion may provide.
 Sixth: The highest amount of ip- debtedness or liability. direct or con tingent, to which this corporation is at any time subject shall be Sixty Thousand Dollars ($60.000).
 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 hereunto set our hands and seals this 12th day of May, 1902.
 LOEPHUS T. SCHERER.
 PETER s. HAIRSTON.
 EDGAR P. WARD
 State of Missouri,
 City of St Louis ss.
 On this 12th day of May, in the year 1902. before me. Marie E. Des Ruis- seaux, notary public. in and for the State and City aforesaid residing therein, duly commissioned and sworn personally appeared Loephus T. Scher- CT, Peter S. Hairston. Edgar P. Ward known to me to be the persons de scribed in, whose names are subscribed to, and who executed the annexed lll- strument and they acknowledged tc me that they executed the same foi the purposes and considerations there
 in expressed.
 IN WITNESS WHEREOF, l have hereunto set my hand and affixed my official seal a my office in the saIC State and City, the day and year last above written.
 | (Seal)
 MARIE F. DIES RUISSEAUN.
 Notary Public