Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1902-01-25

The principal place in which the bust
ness of said Cooperation within the Ter
ritory of Arizona is to be transacted is
Phoenix Maricopa County. Arizona.
and the principal place of business of
said Corporate outside the Territory
of Arizona shall be the city of Nome, T..
the District o. Alaska. at which meet
inSs OF the Board of Directors may be
held or at any OF its branch offices. and
tho Corporate may have such branch
Offices either within or without the Ter
ritory of Arizona. as may be estab-
lished by the Board of Directors.
Second:
The general nature Of the business
proposed % be transacted by this Cor
pora tioi. is as follows. to-wit:
To purchase, lease. bond, locate or
otherwise acquire, OWL, exchange. sell
CT otherwise dispose Of. pledge. mort
gage. hypothecate and deal in real es-
tate and any and all kinds OF persona;
property. mines. minirs claims. oil
lands. mineral lands. OIL gas, as
phaltuu. petroleum, water ana 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
bstiiuls anu NDtlllbi leIlbFS ana
inventions and shares of capital stock
of other corporations: to borrow money
and execute notes. bonds. mortgages or
dc eds 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 obliga-
tions any and ali 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 and in general to do all things
| necessary to the proper conduct OF the
| bushes. of this Corporation in the Ter
ritory and elsewhere not inconsistent
with the laws of the United States and
The Territory of Arizona.
Third:
Ths authorized amount of capital
| stock of this Corporation shall be Ter
Million Dollars $50, 900 OOO), divided into
ten million shares of the par value of
One Dollar (S1.00) 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 il of
real or personal property for the uses
and purposes of said Corporation. in
payment for which shares or the cap
ital stock OF said Corporation may be
issued, cnd the capital stock so issued
@hall 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 o. the prop
erty purchased shall be conclusive.
Fourth:
The time Of the commencement of
| this Corporation shall be the date OF
| the fling of these Articles Of Incorpora-
ton in the Office OF the Secretary of
Arizona. and the ter1nina ton thereof
| shall he twenty-five years thereafter.
Firth.
The affairs u this CORPORATION shall
he conducted By Il Board of fifteen Di-
| rectors and The following named shall
Constitute the Board Of Directors until
their successors are elected and vacan-
lies filed: =. Ogden Doremus. Z. Rob-
ert Steiner. Ira Mowery. Henry w. q.
Somborn. William s. Harlan, John L.
I-iederman, John F. Hoke. Jesse LARA
lee. John 4. l<raemer and Ernest T.
Brook. Thereafter the Board of Di-
"ectoTs shall be elected from among the
stockholders as the bylaws of the Cor
| roration may provide.
Sixth:
The hlghe.t amount of indebtedness
VI ildbllilE. ulfeCJ or contingent. to
I which this Corporation is al any time
subject shall he Three Hundred and
Fifty Thousand Dollars $3.50 0O).
| seventh:
The private property of the stock
holders of this Corporation shall be
exempt from corporate debts OF any
| kind whatsoever
| IN WlTNES WTIERE OF. We have
hereunto set our hands and seals this
eighteenth day of December 1901.
WILLIAM s. HARLAN, CSeaD
JOHN f. LIEDERMAN. CSeaD
| JOHN T. HOKE. CSeaD
| JESSE LARRABEE (SeaD
| ERNEST p. BROOK. (SeaD
| r. OGDEN DOREMUS (SeaD
| IRA MOWERY. CSeaD
HENRY w. G.. SOMBORN, (SeaD
L. ROBERT STEINER, CSeaD
| JOHN y. KRAEMER (Sean
| State OF New York.
| County of New York. IS.
| ON this 18th day of December. in the
year 1901, before me, William Kirk.
| Notary Public in and for the State
and County aforesaid residing therein.
| duly commissioned and sworn. per
sOnally appeared +. Ogden Doremus,
ira Mowery, Henry w. q. Somborn, L.
Robert Steiner. William $. Harlan