Arizona republican., 1902-10-06
ARTICLES OF INCORPORATION
 
LASALLE LAND COMPANY.

KNOW ALL MEN BY THESE PRESENTS: That we, whose hands are hereunto affixed do hereby associate ourselves together for the purpose of forming a corpora tion under the laws of the Territory of Arizona, and to that end make the following statement:
 FIRST: The names of the corpora tors are, George G. Metzger. William w. Jones. Edward Wisner and O'Brien O'DOnneil. and the name of the cor poratiOn shall be LASALLE LAND co. The principal place in which the busi- ness of said corporation, within the Territory of Arizona is to be trans acted is Phoenix, Maricopa County. Arizona, and the principal place of business of said corporation, outside the Territory Of Arizona, shall be the City of Toledo. County of Lucas, in the State of Ohio. at which meetings of the Board of Directors may be held and the corporation may have such branch offices. either within or without the Territory of Arizona. as may be estab- lished by the Board of Directors.
 SECOND. The general nature of the business proposed to be transacted by this corporation, is as follows, to-wit:
 To purchase. lease or otherwise ac- quire; to own. bond. mortgage, ex- change or otherwise dispose of; to pledge, mortgage, hypOthecate or deal in, and improve. reclaim. cultivate or otherwise develop real estate and per sonal property; to establish drainage and irrigation plants and operate the same; to construct mills, refineries, rail- roads. canals and to operate the same to explore for oil, gas. salt. sulphur or other minerals, and to produce, buy and sell mineral products, and to engage in and conduct a mercantile business; to own. handle and control letters of capi- tai stock of other corporations. to bor- TOW money, execute notes, bonds, mort gages. or deeds of trust to secure the same and to exercise in respect of all such bonds, mortgages, notes, shares of capital stock and other securities and obligations, any and all rights, power and privileges of individual owners thereof. including the right to vote on any shares of stock held by it. in the same extent that any natural person might or could do, and In gen. eral to do all things necessary to the proper conduct of the business of this corporation. in the Territory and else where, not inconsistent with the laws of the United States and the Territory of Arizona.
 THIRD. The capital stock of said corporation shall be Two Hundred Thousand ($2OO. .OOO) Dollars. divided into Two Thousand shares of the par value of One Hundred GOO Dollars each, which stock shall be issued paid up and non-assessable in exchange for cash, services or property, and the cap ital stock so issued. in exchange for cash. services or property, shall there upon and thereby become and be fully paid up and non-assessable: and in the absence of actual fraud in the judg- ment of the Directors as to the value of the services rendered or 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 incorporat ton in the office Of the Secretary of Arizona, and the termina- tion thereof shall be twenty-five years thereafter.
 FIFTH. The affairs of this corpora ton shall be conducted by Board of Directors, and the following names shall constitute the Board of Directors until their successors are elected: George G. Metzger, William w. Jones, O'Brien O'Donnell and Edward Wisner; thereafter the Board of Directors shall be elected from among the stockhold- CTS as the bylaws of the corporation may provide.
 SIXTH. The highest amount of in- debtedness or liability, direct or contin- gent to which this corporation is al any time subject shall be One Hundred and twenty-five thousand S125,0OO) dol lars.
 SEVENTH. The private property oi the stockholders of this corporation shall be exempt from corporate debts of any kind whatever.
 IN WITNESS WHEREOF. We have hereunto set our names this 10th day of September. 1902.
 GEO. c. METZGER (Seal,
 WILLIAM w. JONES (seal, EDWARD D. WISNER (Seal O'BRIEN O'DONNELL (Seal, State of Ohio,
 County of Lucas, ss.
 On this 18th day of September, in tho year 1902 before me, Harry LevisOn, . notary public, in and for the County aforesaid, residing therein, duly com missioned and sworn, personally ap | peared George G. MetZger, William w l Jones, O.Brien Donnell and Edward l Wisner, known to me to be the person! described in, whose names are sub scribed to and who executed the an nexed instrument, and they acknowl edge to me that they executed the same for the purposes and considera tions therein expressed.
 IN WITNESS WHEREOF, I have hereuntO set my hand and affixed my official seal the day and year last above mentioned.
 (Seal) HARRY LEVlSON, Notary Public, Lucas Co.,, Ohio My commission expires Nov. 13, 1902 Territory of Arizona,
 County of Maricopa ss.
 l. E. r. McFaIl, County Recorder il and for the County and Territory aforesaid, hereby certify that I have compared the foregoing copy with th' original Articles of Incorporation O | the LASALLE LAND co. filed and re corded in my office on the 24th day o