Arizona republican., 1902-08-25
ARTICLES OF INCORPORATION
 OR THE HUB GOLD MINING AND MILLING
 COMPANY.

KNOW ALL MEN BY THESE PRESENTS, That we the undersigned. hereby associate ourselves together for the purpose of forming a corporation under the laws of the Territory of Ari- zona. and to that end adopt the fol- lowing Articles of Incorporation.
 Art. I.
 Sec. l. The names of the incorpora- tors are: w. E. Galpin, J. B. Flynn and P. G. Lowenberg and the name , of the corporation shall be the Hub Gold Mining aRf Milling Company.
 Sec. 9 The principal place of busi- ness of said corporation within the Territory of Arizona is Phoenix Mari copa County, Arizona, and the princi- pal place of business of said corpora tion outside of the Territory of Arizona shall be Des Moines, Polk County. Iowa. where meetings of the Board of Directors may be held, and the corpo- ration may have such branch offices either outside or within the Territory of Arizona as may be established by the Board of Directors.
 Art. II.
 Sec. 1. The objects and purposes for which this corporation is formed are to acquire mines and mining claims to prospect, develop and operate them It shall have power to make contracts for the purchase, leasing and selling of mineral claims and such lands and premises as are necessary to carry on the business of said corporation; to erect milling and smelting plants and such other structures, appliances and conveniences as may be necessary to develop and operate the mines and mineral lands of said corporation; to purchase. lease and contract for. and to hold and own water rights and tram ways; to own and hold such lands, tenements and franchises and the rights therein as may be required for such purposes and conveniences for carrying on the business of this corpo- ration and to enjoy all the powers. privileges and franchises granted to like corporations under the Constitu- tion and laws of the Territory of Ari- zona.
 Art. III.
 Sec l. The authorized capital stock of this corporation shall be Two Mill lion Five Hundred Thousand dollars ($2. 800. OOO) divided into Two Million Five Hundred Thousand shares of the par value of One Dollar ($1.O0) each. Sec. ?. At such time as the Board of Directors may by resolution direct, said capital stock shall be paid into this corporation either In cash CT by the sale and transfer to it of real or personal property for the uses and pur- poses of said corporation, in payment for which shares of the capital stock of said corporation may be issued, and the capital stock so issued shall there- upon and thereby become and be fully paid up and non- -assessable, and in the absence of actual fraud in the transac- tion the judgment of the Directors as to the value of the property purchased shall be conclusive.
 Art. ".
 | Sec. l. The time of the commence ment of this corporation shall be the l date of the filing of these articles of | incorporation in the office of the Secre- | tary of Arizona, and the termination thereof shall be twenty-five years thereafter unless sooner dissolved by mutual agreement. md it shall have | power of renewal.
 Art. V.
 l Sec. 1. The affairs of this corporation shall be conducted by a Board of five Directors and the following named shall constitute the board of Directors until their successors are elected: w. E. Galpin, P. c. Lowenberg, J. E. Flynn, R. Woolsey and M. B. LoWen- | berg.
 Thereafter the Board of Directors shall be elected from among the stock holders as the bylaws of the corpora tion may provide.
 Art. VI. Sec 1. The highest amount of in- debtedness or liability. direct or con tingent to which this corporation is at any time subject shall be One Hun- | dred Thousand dollars ($1OO.0OO0O).
 Sec. 2. The private proper'T ,i the stockholders of this corC-. -.ation shall be exempt from ccT .cJrate debts of any kind whatsoever.
 Art. VII.
 Sec. l. These articles may be amend