Arizona republican., 1902-09-10
ARTICLES OF INCORPORATION
 OF THE INDUSTRIAL TRUST AND SECURE TIES COMPANY.

TIES COMPANY.
 Know All Men By These Presents, That we whose hands are hereunto af- fixed, do here associate ourselves to- gether for the purpose of forming q corporation under the laws of the Ter ritory of Arizona, and to that end make the following statement
 First: The names of the corporators are: Wm. R. Drake, Thos. c. Brink ley. John Whitehead and Clark s. Ed wards, and the name of the corporation shall be the Industrial Trust and Se- curities Company. The principal place in which the business of said corpora ton within the Territory of Arizona is to be transacted is Phoenix, Maricopa County, Arizona. and the principal place of business of said corporation outside of 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 corporation 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, mort gage, hypothecate and deal in real es- tate and any and all kinds of personal property. mines. mining claims, oil lands, mineral lands, coal lands. timber lands, oil. gas, asphaltum. petroleum, water and water rights. develop the same; to do a general vessel, real es- tate, manufacturing and mercantile business; to own, handle and control letters patent and inventions and shares of capital stock of other corpo- rations; to borrow money and execute notes, bonds. mortgages or deeds oe trust to secure the same, and to exer- else in respect of all such bonds, mort gages, notes. shares of capital stock and other securities and obligations 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.
 This corporation shall also have power to transact a general Trust Com- pany business; to transfer, register and !, receipts or other evidences of indebt- edness, and to act as the agent of any corporation. foreign or domestic; for any purpose now or hereafter required by statute or otherwise; to act as trus- tee under any deed of trust or other wise, mortgage, bond or other instru- ment issued by any municipality, body polite corporation, person or associa- | tion, and to accept and execute any other municipal or corporate trust. and | to transact any business in relation thereto; to act as registrar of stocks, | bonds, certificates and debentures, and as transfer agent thereof for corpora tions or individuals; to act as the trus tees for the holders of or otherwise in relation to any bonds. stocks or deben- lures issued or to be issued by any State municipality, body polite or cor 1 poration. To buy, sell, deal in bonds, stocks and securities of all kinds, to loan money on real estate, stocks, bonds, or other collateral securities, and in general to do all things necessary to | the proper conduct of the business of this corporation Tn the Territory and elsewhere, not inconsistent with the laws of the United States and the Ter. ritory of Arizona.
 Third: The authorized amount of capital stock of this corporation shall be One Million Q.OOO,OOO) dollars 'divid- ed into Ten Thousand 100000 shares oi the par value of One Hundred Q00) Dollars each. At such times as ths Board of Directors may by resolution direct, said capital stock shall be paid into this corporation, either in cash ol by the sale and transfer to it of req or personal property, for the uses and purposes of said corporation, in pay ment for which shares of the capita stock of said corporation may be is sued, and the capital stock so issued shall thereupon and thereby become and be fully paid up and non-assess able, and in the absence of actual fraud in the transaction the judgment of th' Directors as to the value of the prop erty purchased shall be conclusive.
 Fourth: The time of the commence ment of this corporation shall be thu date of the filing of these Articles O Incorporation in the office of the Sec retary of Arizona, and the termination thereof shall be twenty-five year thereafter.
 Fifth The affairs of this corpora tion shall be conducted by a Board c not exceeding nine Directors and tn following named shall constitute tn Board of Directors until their success sors are elected: w. R. Drake, B. M Barnes, T. C. Brinkley. A. L. Austin John N. Glidden, G. s. Edwards, , Whitehead, and
 Thereafter the Board of Director shall be elected from among the stock , holders as the bylaws of the corpora ton may provide.
 . Sixth: The highest amount of in debtedness or liability direct or con 7 tingent to which this corporation is 2 any time subject shall be Six Hundre , Fifty Thousand (650OOO) Dollars. Seventh: The private property of tn : stockholders of this corporation sha be exempt from corporate debts of an kind whatsoever.
 In Witness Whereof, We have here
 unto set our hands and seals this 29t
 day of Aug dst, 1902.
 VIM. R. DRAKE (L. $
 THOS. c. BRINKLEY O. s " JOHN WHITEHEAD N. s