Arizona republican., 1902-08-11

place of business of said corpor- ation. outside of the Territory of Arizona shall be the city of which meetings of the board of direct ors may be held. and the corporation may have such branch offices either within or without the territory of Ari- zona 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-wii.
 To make contracts; to purchase. lease. bond, locate or otherwise ac- quire, own, exchange. sell or other wise dispose of, pledge, mort gage, hypothecate and deal in real estate and any and all kinds of personal property, mines. mining claims. oil lands, mineral lands. oil, gas. IaSphaltum, petroleum, asbestos, salt. water and water rights and machinery. and to work, m inc. explore, operate and develop the same: to do a general real estate. manufacturing and mercantile business; to own. handle and control letters patent and inventions and shares of capital stock of other corpor- lationS; to borrow money and execute notes. bonds, mortgages or deeds of trust to secure the same and to exer- else in respect of all such bonds, mort IgageS, notes, shares of capital stock and other securities and obligations any and all rights, powers and privi- leges of individual owners thereof, in cluding the right to vote upon any shares of stock held by it to the same extent that 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 Ter ritory and elsewhere. not inconsistent 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 (S1000, ,000). di- vided into ten thousand shares of the par value of one hundred dollars (S1OO) 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 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 fully paid up and non-assessab ble. and in 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 commence ment of this corporation shall be the date of the filing of these Articles Of Incorpora ton in the office of the Secre- tary of Arizona, and the termina tion thereof shall be twenty-five years thereafter.
 Fifth: The affairs Of this corpora ton shall be conducted by a board of ; five directors, and the following named shall constitute the Board of Directors until their successors are elected: Geo. w Marble, Harry G. Adams, Geo. P. Swift. Harry l.. Hollister. Herr l.. Q Thornburgh. Thereafter the Board of Directors shall be elected from among the stockholders as the Bylaws of the corporation may provide. The officers of said corpora tion until their success ors are elected shall be: Geo. w. Mar ble, President; Harry G. Adams, Vice President; Geo. P. Swift, Secretary and Treasurer.
 Sixth: The highest amount of indebt- edness or liability. direct or contingent. to which this corporation is at any time subject shall be three hundred thou sand dollars Cs3OO.OOO). which amount does not exceed two thirds the amount of the capital stock
 Seventh: The private property of the stockholders of this corporation shall be exempt from corporate debts of any kind whatsoever.
 , In witness whereof, we have here unto set our hands and seals this 2Sth day of July, 1902.
 (Seal) GEO. P. SWIFT,
 (Seal) HARRY G. ADAMS. State of Illinois.
 County of Cook, ss.
 On this 18th day of July, in the year A. D. 1902. before me, William B. Moore. a notary public in and for the state and county aforesaid. residing therein. duly commissioned and sworn prsonally appeared George P. Swift and Harry G. Adams, known to me tC f be the persons described in. whose l names are subscribed to, and who exc I cuted the annexed instrument, and they l acknowledged to me that they executed t the same for the purposes and consider . ations therein expressed.
 r In witness whereof, I have hereuntC = set my hand and affixed my officia r seal at my office in the said state ant r county. the day and year last above d written.
 y (Notary Seal)
 WILLIAM B. MOORE.
 Notary Pnblic