The Arizona sentinel., 1902-08-27
ARTICLES OF INCORPORATION
 OF THE Hubbard Airship Company

Know all men by these presents; That we, the undersigned, have this day voluntarily associated ourselves together for the purpose Of forming a corporation under the laws of the Territory of Arizona; and we hereby certify,
 FirSt.-That the name of said corporation shall be the Hubbard Airship Company.
 Second.-That the names of the incerpora- tors are A., F. Hubbard s. A. Hubbard, H. H. Carpenter, F. H.. Smith and T. c. Still.
 Third.-That the general nature of business proposed to be transacted and the purposes for which said corporation is formed are: To buy, sell, own and lease patents, patent rights and inventions on airShps and flying machines or pertaining to the same, to borrow money and to buy sell, build, manufacture, construct, equip and navigate airships and flying machines, to perfect the same and to do any and all things and engage in any and all business necessary or useful to the principal purposes of the corporation.
 Fourth-That the principal place of trans acting the business of said corporation shall be at Yuma, in Yuma County, Territory of Ari- zona, with branch office at the City Of San Luis Obispo in the County of San Luis Obispo, State of California, and with other branch offices at such other places as the Board of Directors of said corporation shall designate and that all directors and stockholders meet ingS, annual or otherwise may be held at said City of San Luis Obispo, in said County of San Luis Obispo, State of California, or at such other place or places as may be designated and determined on by the Board of Directors of said corporation.
 Fifth.-That the term for which said corpor- ation is to exist is twenty-five years from and after the date of its incorporation. | Sixth.-That the private property of the stockholders of. said corporation shall not be liable for the corporate indebtedness Seventh.-That the highest amount of in debtedness, and liability, direct or contingent which said corporation is at any time to sub ject itself to, is the sum of slO.OOOOO
 Eighth.-That no assessment shall be levied or charged against the stock of said corpor ation for any purpose whatever. Ninth.-That payment shall be made i'm mediately for all stock subscribed and stock to be issued from time to time in payment fol patents patent rights. and inventions, or other property real and personal, for incorporating and other expenses
 Tenth.-That the business and affairs of saic corporation shall be conducted by a Board o Directors, consisting of five stockholders o said corporation to be elected on the first Mon day of May of each year, and to serve for th' period of one year thereafter. and until theil successors are elected, and the officers O. said corporation shall be a president, iv1ce president, secretary and treasurer, all tC be elected by the Board of Directors and the names and residences of the direc tors of said corporation who are appointet for the first year and to serve until the election of their successors are as follows towit:
 Names Residence A. F. Hubbard Simmler, San Luis Obisp
 County, California.
 Is. A. Hubbard. Simmler, San Luis Obisp
 County, California,
 H. H. Carpenter. San Luis Obispo, San Loui
 Obispo County, California.
 F. H. Smith, Santa Margarita, San Luis OblS | DO County, California.
 T. c. Still. La PanZa San Luis OblSpo County
 California.
 Eleventh-That the amount of the capita stock of said corporation is one hundred thous and (S1O0OO0.O0) dollars. and the number o shares into which it is divided is one hundre thousand of the par value of one dollar each:
 Twelfth-That the amount of said capita stock which has been actually subscribed. twenty-five (S25 dollars. and the following are tn names of the persons by whom the same ha been subscribed, to-wlt: