Arizona republican., 1902-03-06
ARTICLES OF INCORPORATION

All MULES UT INCARCERATION KNOW ALL MEN BY THESE PRESENTS, That we. Sigmund B. Abeles and H. A. Kimball, both of Min neapolis, Minnesota, are desirous of forming a corporation under and pur- suant to the laws of the Territory of Arizona, and to that end, we do make and execute these articles of incorpo- ration.
 The name of this corporation is and shall be the OREGON DEVELOP MENT COMPANY.
 II.
 Its principal office and place of busi- ness within the Territory of Arizona shall be at Phoenix, Arizona. It shall also have and maintain an office and place of business at Minneapolis, Min nesota, where all meetings may, in the discretion of the Board of Directors, be held, and all necessary or convenient business transacted.
 III.
 The time of the commencement of this corporation shall be the date of the filing and recording of these articles as by law required. The corporation shall endure for the period of twenty five (25) years, with privilege of renewal and extension of corporate franoh hise from time to time thereafter as by law provided.
 ".
 This company may engage in and carry on mining, mercantile, trading, manufacturing or transportation busi- ness, or may buy, sell and deal in real estate, water rights and franchises. and in addition thereto may engage in each and every business for which a corporation may be formed under the laws of the Territory of Arizona, and it shall have power to do and perform each and every thing suitable, neces- sary or convenient to the execution of the foregoing powers, and in addition thereto shall have all the powers granted by law to such corporation.
 V.
 The capital stock of this corporation shall be one million five hundred thou sand dollars Cs1,50O,000), divided into 1.500.000 shares of the par value of one dollar (S10O each. All stock shall be issued fully paid up and non- assess able. The stockholders of this corpora tion and their private property shall be exempt from all liability for or on account of all debts or liability of this corporation.
 The highest amount of indebtedness or liability, direct or contingent, to which this corporation is at any time to be subject. shall not exceed the sum of two hundred fifty thousand dollars ($250 00O).
 The nagement of this corporation and it's business shall be vested in a Board of Five Directors, and in such agents, officers or committees as may be by such directors chosen or appoint ed. and said directors shall have power to select from their own number an executive committee of three, to which executive committee the Board of Df- rectors may. in their discretion, com init the management of the affairs of the corporation, and all things neces- sary or convenient to be done when the Board of Directors Is not in session. Directors shall be elected each year by the stockholders at the annual meet ing, and shall hold office until their successors are elected and qualified. The following shall act as directors un- til the first annual meeting of this cor poration, to-wit: Sigmund B. Abeles, A. S. Strauss. H. A. Kimball, Everett Brown, and Lee s. Ovitt.
 VIII.
 The annual meeting and all special meetings of stockholders of this corpo- ration shall be neld at such time and place, and such notice thereof given, as may be by the Board of Directors deemed proper.
 The Board of Directors shall have power to make and amend bylaws. These articles may be amended at any annual meeting of the members, by the affirmativ vote of a majority of the stockholders.
 WITNESS OUR HANDS AND SEALS this Fist day of February, 1902.
 SIGMUND B. ABELES. (Seal) H. A. KIdBALL (Seal) Signed in the presence of
 J. D. BRADFORD.
 G. F. MEIER.
 State of Minnesota,
 County of Hennepin, ss.
 Before me, a Notary Public within and for the County of Hennepin and State of Minnesota. on this day, per- sonalIy appeared Sigmund E. Abeles and H. A. Kimball. known to me to be the persons whose names are sub scribed to the foregoing instrument, and acknowledged to me that they and each of them executed the foregoing in- strument for the purposes and consid- erations therein expressed, and ac- knowledged the same to be their free act and deed, and the free act and deed of each of them.
 Given under my hand and seal of office this Fist day of February, 1902. (Seal) w. A. KERR, Notary Public. Hennepin Countys