Arizona republican., 1902-02-16
debentures and every other form of
 

15. To enter into, make, perform ane carry. out contracts of every kind fol any lawful purpose with any person firm. association !or corporation.
 16. To remunerate any corporation or person for services rendered or to be rendered in placing or assisting to place, or guaranteeing the placing ot any shares of stock or any debentures or other securities of this corporation or doing anything with respect to the formation or promotion of this corpo- ration. or with respect to the conduct of its business. except that this para graph shall not be construed as au- thorizing the corporation to engage in any business of the character and na- ture of a title, trust or banking com pany or other company doing business under special law. subject to the pro- visions of law to purchase, hold and reissue its debentures or bonds. or shares of its capital stock.
 T.. To purchase. hold, own, manu- fracture. sell. let. lease. exchange. mortgage and hypothecate any and all kinds of timber. logs. lumber. shingles. and to buy. hold. own, lease. sell, mortgage and exchange timber claims. timber lands. timber rights. standing or fallen trees. and to acquire mill sites. and to erect and operate saw mills, blaming mills. dry sheds. and box fac tories. coal bunkers, and to deal in all manufactured products of lumber. To engage in erection. completion and construction of houses, dwellings. resi- dences. stores and store buildings, wharves. docks and fumes. To buy, sell exchange and mortgage, any and all of said structures. or dwellings. and to do any and everything necessary, rNr-S own, develop. and dispose of buildings, lots and town sites. and generally to have, enjoy. possess all and every of the powers. rights and privileges herein set forth and to fully and completely carry out the said purposes and ob- 5ects above specified in their fullest and broadest sense
 THIRD: The authorized amount of capital stock of this corporation shall be One Million Dollars (S1 900, ,OOO) di- vided into one hundred thousand shares of the par value of Ten Dollars (S1O. .OO) 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 1t of real or per sonal property for the uses and pur- poses of said corporation. in payment
 
 said corporation may be issued. and the capital stock so issued shall thereupon and thereby become and be fully pal up and non-assessa ble. and fin the ab- sence of actual fraud in the transac- ton the judgment of the Directors as to the value of the property purchased shall be conclusive.
 FOURTH: The time of the com mencement of this corporation shall be the date of the filing of these articles of incorpora ton in the office of the Secretary of Arizona. and the termina- tion thereof shall be twenty-five years 
 FIFTH: The affairs of this corpora tion shall be conducted byea Board of
 Directors, and the following named shall constitute the Board of Directors until their successors are elected: Charles w. White, AxeI G. Hornborg, John F. Lowther, Edward S. Churchill. John A. Bradley. Walter Church. Thereafter the Board of Di- rectors shall be elected from among the stockholders as the bylaws of the may provide.
 SIXTH: The highest amount of in- debtedness or liability. direct or con tingent, to which this corporation is at any time subject shall be Five Hun 1red Thousand dollars (s5OO. 000).
 SEVENTH: The private property of the stockholders of this corporation shall be exempt from corporate debts 1f any kind whatsoever.
 IN WITNESS WHEREOF, We have nereunto set our hands and seals this - day of -. 19O-.
 CHAS. W. WHITE. (SeaD
 JNO. R. LOWTHER. (SeaD
 JOHN A. BRADLEY. (SeaD
 AXEL G. HORNBORG. (SeaD
 WALTER CHURCH. (SeaD
 EDWARD S. CHURCHILL. (SeaD State of New York.
 County of New York, ss On this Twenty-ninth day of Febru- try. in the year 1902, before me. a No ary Public in and for the State and County aforesaid. residing therein l July commissioned and sworn, person. lily appeared Charles W. White, Axel | !. Hornborg. John R. Lowther. Edward | }. Churchill, John A. Bradley. Walter | known to me to be the persons | described in. whose names are sub | cribed to. and who executed the an lexed instrument, and they acknowl- | dged to me that they executed the anne for the purposes and considera- ions therein expressed. IN WITNESS WHEREOF, I have ereunto set my hand and affixed my ficial seal. at my office in the said tate and County, the day and year ast above written.
 (Notary Seal)
 F. F. CHERRY.
 Notary Public No. 15s. My commission expires 1903. March lst.
 'erritory of Arizona,
 County of Maricopa, ss.
 I. B. F. McFall. County Recorder in nd for the County and Territory foresaid, hereby certify that I have the foregoing copy with the riginal articles of incorporation of the -laska Colony Company, filed and re- orded in my office on the 10th day of 'eb'y, 1902, in Book No. of Incorpora- ons at Page -. and that the same is full, true and correct copy of such ,-ir.ii,al a nd of ti,c ,,.tIalo thcrcaf