Arizona republican., 1902-01-04

acted in Phoenix. Maricopa Cui,n,v, Arizona, and the principal place Of business of said corporation outside the Territory of Ari2anA shall be the City of New York in the State of New York at which meetings of the Board Of Directors may be leld, and the cor poration may have s1ch branch offices either within or without the Territory of Arizona as may be established by the Board of Directors
 Second: The general nature of inc 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, mortgage. hypothecate and deal in real estate and any and all kinds of personal prop erty. mines, mining claims, oil lands. mineral lands, oil, gas. asphaltum, pe- troleun, water and water rights and machinery. and to work, mine, explore. operate and develop the same: to do a general real estate, manufacturing and mercantile business; to own, handle and control letters patent and inven- tions and shares of capital stock ot other corporations; to borrow mopey and execute notes. bonds, mortgages, or deeds of trust to secure the same.
 
 bonds, mortgages. notes, shares of cap ital stock and other securities and obli- gations 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; and in general to do all things necessary to the proper conduct of the business of this corporation in the Territory and elsewhere. not incon- sistent with the laws of the United States and the Territory of Arizona.
 Third: The authorized amount of capital stock of this corporation shall be one million dollars (s1.00e. ooO divid- ed into one million shares of the par value of one dollar (s1.OO) each. At such time as the Board of Directors may by resolution direct. said capital stock shall be paid into this corpora tion either in cash or by the sale and transfer to it of real or personal prop erty for the uses and purposes of said corpora ton, in payment for which shares of the capital stock of said cor poration may be issued and the capital stock so issued shall thereupon and thereby become and be fully paid up and 7nunassessable, and in the absence of actual fraud in the transaction the judgment of the directors as 10 the value of the property purchased shall be conclusive.
 Fourth: The time of the commence rnent of this corporation shall be the date of the filing of these Articles of in the office of the Secre- tary of Arizona, and the termination thereof shall be twenty-five years 
 Fifth: The affairs of this corpora ton shall be conducted by a board of seven directors and the following names shall constitute the Board of Di- rectors until their successors are elect ed: Frank w Hunt. Ralph D. Quarels, Frank Steunenberg, George A. Will iams, J. Bushnell Sperry, Walter Cox, Frederick Howell Thereafter the Board of Directors shall be elected from among the stockholders as the Bylaws of the corporation may pro vide.
 Sixth :. The highest amount of in or liability. direct or con- .ingent. to which this corporation is at any time subject shall be six hundred thousand dollars (s600.00o
 Seventh: The private property of the of this corporation shall pc exempt from corporate debts Of any kind whatsoever.
 IN WITNESS WHEREOF, We have lereunto set our hands and seals this eighteenth day of December. 1901
 GEORGE A WILLIAMS, (SeaD
 J. BUSHNELL SHERRY, (SeaD
 FREDERICK HOWELL, (SeaD State of New York.
 County of New York, ss: On this eighteenth day of December, n the year 1901 before me, Walter COX . Notary Public, in and for the state md county aforesaid, residing therein July commissioned and sworn. person ,uv appeared George A. Williams, J. Bushnell Sperry and Frederick Howell lnown to me to be the persons des- .ribed in, whose names are subscribed Q. and who executed the annexed in- and they acknowledged to ne that they executed the same Tor he purposes and considerations therein  IN WITNESS WHEREOF, I have ,ereunto set my hand and affixed my official seal. at my office in the said tate and county, the day and year last .bove written. fNotarial SeaD WALTER COX.
 Notary Public.
 N. Y. County. My commission expires March 3oth' 902 Territory of Arizona.
 County of Maricopa, ss:
 I. B. F. McFall, County Recorder m nd for the county and territory afore- aid, hereby certify that l have com ,ared the foregoing copy with the ori- ,inal Articles of Incorporation of the daho Mining and Exploration com ,any filed and recorded in my office on he 24th day of December, 1901, in Book So. 8 of Interpretations at Page - and hat the same is full, true and correct opy of such original and of the whole hereof. WITNESS my hand and seal of office. his 24th day of December. 1901. (SeaD B. F. MFALL,
 County Recorder. By A. $. ARTHUR, Deputy.