Arizona republican., 1902-05-13

mine explore. operate and develop the same: to do a general real estate. man. ufacturing and mercantile business; to IOWn. handle and control letters patent land inventions and shares of capital stock of other corporations: to borrow money and execute notes, bonds. mort gages. or deeds of trust to secure the same. and to exercise in respect of ail such bonds, mortgages, notes. shares of capital stock and other securities and obliSations any and all rights. pow CTS and privileges of individual owners thereof, including the right to vote upon any shares of stock held by it to the same extent that natural perscn might or could do; and in general to do all things necessary to the proper con duct of the business of this corpora- tion in the Territory and elsewhere. not inconsistent with the laws of the Unit ed States and the Territory of Ari- zona.
 Third:
 The authorized amount ot capital stock of this corporation shall be one million dollars (s1. 0OO) divided into one million shares of the par value of one dollar (S1.OO) each. At such time as the Board of Directors may by resolu- 
 paid into this corporation either in leash or by the sale and transfer to it of real or personal property for the uses and purposes of said corporation, in payment for which shares Of the capital stock of said corporation may be issued. and the capital stock so is sued shall thereupon and thereby be- come and be fully paid up and non assessa ble. and in the absence of ac tual fraud in the transaction the juds ment of the Directors as to the value of the property purchased shall be con- elusive.
 Fourth:
 The time of the commencement of this cooperation shall be the date of the filing of these Articles of IncoTpora ton in the office of the Secretary of Arizona, and the termination thereof shall be twenty-five years thereafter
 Fifth:
 The affairs of this corporation shall be conducted by q Board of seven Di- rectors and the following named shall constitute the Board of Directors un- til their successors are elected: Alfred P Hanan. Charles r. Lusch and J. F. Stevens of the City of New York; E. r. Hallet of Atlanta. Georgia: ]. II. Ed wards. C.IL. Emmons and c. H. GrU5p of Nalispell. Montana. Thereafter the Board of Directors shall be elected from among the stockholders as the bylaws of the corporation may provide.
 Sixth:
 The highest amount of indebtedness CT liability. direct or contingent to which this corporation is at any time subject shall he two hundred thOusanI dollars ($2O000G)
 Seventh:
 The private property of the stock holders Of this corporation shall be ey- empt from corporate debts of any kind what atsoever.
 IN WITNESS WHEREOF. We have hereuntO set our hands and seals this eight day of April, 1902.
 ALFRED r. HANAN. CSealD
 CHAS. r. LCSCH. CSean
 J. R. STEVENS. (SealD State of New York.
 County of Kings. ss.
 On this eighth day of April. in the year 1902, before me. Jean B. StouVene!. Notary Public in and for the State and County aforesaid. residing therein. duly commissioned and sworn. person. ally appeared Alfred p. Hanan, known 10 me to te the person described in. whose names are subscribed to and who executed the annexed instrument. and they acknowledged to me that they executed the same for the purposes and considerations therein expressed. IN WITNESS WHEREOF. I 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.
 (Nctalial Seall
 JEAN B. STOUVENEL.
 Notary Public. iJC3.
 State of Texas,
 County of Dallas, ss.
 On this twelfth day of April in the year 1902. before me. F. E. Gahogan. a Notary Public in and for the State and County aforesaid. residing therein, duly commissioned and sworn, person. ally appeared Chas. F. Lusch. Known to me to be the person described in. whose name is subscribed to- and who executed the annexed instrument. and he acknowledged to me that he exc cuted the same for the purposes and considerations therein expressed. IN WITNESS WHEREOF. I 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.
 (NOtarial Seal.)
 F. F. GAHOGAN.
 Notary Public.
 Dallas Co. Texas. My commission expires June 90th, 1909.
 State of New York
 County Of New York, ss.
 On this nineteenth day of April, ip the year 1902, before me. Owen Ward. a Notary Public fer Duchess County. New York. with certificate filed in New York County, residing in the City Of Poughkeepsie. County of Duchess. duly commissioned and sworn. person. ally appeared J. l.. Stevens, known to me 70 be the person described in. whose name is subscribed to and who exc cuted the annexed instrument. and he acknowledged to me that he executed the same for the purposes and consid- erations therein expressed.
 IN WITNESS WHEREOF. l have