The Arizona sentinel., 1902-12-03
ARTICLES OF INCORPORATION
OF THE Arizona Smelling and Reduction Company.

Company.
 Know all men by these presents That we whose hands are hereunto affixed. do hereby aS sociate ourselves together for the purpose of forming a corporation under the laws of the Territory of Arizona, and to that end make the following statement:
 F'irst--That the names of the corporators are: James Rice, of Los Angeles, Cal; Frank N. Rust, of Los Angeles, Cal; Lee Chambcrlin, of Los Angeles, Cal; and the name of the corpora tion shall be The Arizona Smeltng and Rcduc- tion Company. The principal place in which the business of said corporation, within the Ter ritory of Arizona, is to be transacted is Yuma, Yuma county, Arizona, and the principal place of business of said corporation outside of the Territory of Arizona shall be the City of Los i Angeles, Los Angeles county, State of Califor- nia, at which place meetings of the board of di- rectors may be held, and the corporation may have such branch offices either within or with out the Territory of Arizona, may be estab- lshed by the board of directors.
 Second-The general nature of the business proposed to be transacted by this corporation | is as follows. to-wit The Smelting, refining, sampling and reduction of any and all ores; to l bullion; to purchase, lease bond, locate, or otherwise acquire, own exchange sell or other wise dispose of, pledge, mortgage hypothecate, and deal in real estate and any and all kinds of personal property, mines. mining claims, oil lands, mineral lands, oil, gas, asphaltum, petro- leum, water and water rights, and machinery, and to work mine, explore, operate and develop the same; to do general real estate, manufac- l and control letters patent and inventions and shares of capital stock of other corporations; to acquire by purchase or in any lawful manner, and to possess, enjoy, operate and use, grants, franchises and concessions from any territory or state of the United States, or from any other state or country of the world. lands, steamships. steamship lines, railroads (other than the rail roads in the Territory of Arizona), wagon roads, canals, mills, factories houses capital i stock and bonds of corporations, public or prf- vatc, chattels. goods, wares and merchandise and choses in action, and to buy and to own, control, deal in or dispose of the same or any part thereof and to enter into contracts, for the construction and operation of any such enter prise or corporation, to borrow money and exc cute notes. bonds, mortgages. or deeds of trust to secure the same, and to exercise in respect of all such bonds, mortgages, notes, shares of capi- tal stock and other securities and obligations any and all rights, powers and privileges of in dividual 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 neces- | Sary to the proper conduct of the business of this corporation in the Territory of Arizona and elsewhere not inconsistent with the laws of the United States aud the Territory of Arizona. Third-The authorized amount of capital stock of this corporation shall be One Million Dollars (fI, ,0O00 0OO), divided into one million shares of the par value of ono dollar each.
 At such time as the board of directors may, by resolution. 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 and purposes of said cor poration in payment for which shares of the capital stock of said corporation may be issucd and the capital stock so issued shall thereupoa and thereby become and be fully paid up and non-assessable and in the absence of actual fraud in the transaction the judgment of the di- rectors as to the value of the property pur- chased shall be conclusive.
 | Fourth-The time of the commencement of this corporation shall be the date of the filing of these Articles of Incorporation in the office of the Secretary of Arizona, and the termina- tion thereof shall be twenty-five (25) years thereafter.
 Fifth-The affairs of this corporation shall be conducted by board of three directors which may be increased to seven at the option of this board and the following named shall constitute the board of directors until their successors or others are elected: James Rice, of Los An gelcs, Cal; Frank N. Rust of Los Angeles, Cal; Lee Chamberlin, of Los Angeles Cal. Thereafter the board of directors shall be elect cd from among the stockholders as the bylaws of the corporation may provide.
 Sixth-The highest amount of indebtedness or liability direct or contingent to which this corporation is at any Liule subject shall be two hundred and fifty thousand dollars (S25O, ,OO00OO).
 Seventh-The private property of the stock holders of this corporation shall be exempt from corporation debts of any kind whatsoever.
 In witness whereof, we have hereunto set our hands and seals this 3d day of October, A. D. 1902.
 James Rice, (SeaD