Arizona republican., 1902-02-20

or person for services rendered or to be rendered in placing or assisting to place, or guaranteeing the placing of 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 it's 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 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 it's debentures or bonds, or shares of it's capital stock
 r. 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-
 
 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, proper, or convenient. and to acquire. 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 sas4V- rIa i'd nr16 h jects above specified in their fullest and broadest sense.
 THIRD: The authorized amount of capital stock of this corpora tion shall be One Million Dollars (S1. 900 000) di- vided into one hundred thousand shares of the par value of Ten Dollars (S10.O0) 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 per sonal 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 thereupon and thereby become and be fully paid up and non-assessable, and in the ab sence of actual fraud in the transac- tion the judgment of the Directors as 10 the value or the property purcnaSed shall be conclusive.
 FOUHTH: The time of the com rnencemes9S of this corpora ton shall be the date of the filing of these articles of incorporation in the office of the Secretary of Arizona, and the terrnina- 1 tion thereof shall be twenty-five years thereafter. FIFTH: The affairs of this corpora tion shall be conducted by q Board of l Directors. and the following | named shall constitute the Board of | Directors until their successors are elected: Charles w. White, Axel c. | Hornborg. John F. Lowther Edward :. | 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 al | any time subject shall be Five Hun dred Thousand dollars (SJ00. O0O).
 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 hereunto set our hands and seals this - day of -, 190-.
 CHAS. w. WHITE. CSeaD
 JNO. R. LOWTHER. (SeaD
 JOHN>A. BRADLEY. (SeaD
 AXEL c. HORNBORG. CSeaD
 WALTER CHURCH. (SeaD
 EDWARD s. CHURCHILL. (SeaD State of New York,
 County of New York. ss.
 On this Twenty ninth day of Fcbrd- ary. in the year 1902. before me. No tary Public in and for the State and County aforesaid, residing therein. duly commissioned and sworn. person. ally appeared Charles w. White, Axel G. Hornborg. John R. Lowther. Edward s. Churchill. John A. Bradley. Walter Church. known to me to be the persons described in, whose names are sub scribed to, and who executed the an nexed instrument, and they acknowl- edged to me that they executed the same for the purposes and considera- tions therein expressed.
 IN WITNESS WHEREOF. have hereunto set my hand and affixed my official seal. at my office in the said State and County, the day and year last above written.
 (Notary SeaL)
 F.. F. CHERRY,
 Notary Public No. 158.
 My commission expires 1903. March 31st.
 Territory of Arizona,
 County of Maricopa, ss.
 I. B. F. McFall. County Recorder in and for the County and Territory | aforesaid. hereby certify that l have compared the foregoing copy with the original articles of incorpora ton Of the Alaska Colony Company. filed and re- corded in my office on the 10th day or Feby, 1902 in Book No. of lncorpora- tions at Page -, and that the same lS a full. true and correct copy Of such original and of the whole thereof.
 WITNESS my hand and seal of office | this 10th day of Feb'y. 1902.
 (SeaIl B. F. McFALL,
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