Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1902-03-30

erWiSe acquire, own, exchange, sell or
otherwise dispose of. pledge, mortgage,
hypothecate and deal in real estate and
any and all kinds of personal property.
mines, mining claims, oil lands, min
eral lands, oil, gas. asphaltum. petro-
leum, water and water rights and ma
chincry, and to work. mine, explore,
operate and develop the So me- mill and
otherwise treat ores; to do n general
real estate, manufacturing and mer-
camille business: to own, handle and
control letters patent and inventions
and shares of capitaI stock of other
corporations to borrow money and
execute notes, bonds, mortgaE es, 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 Sc
curities and obligations: any and all
rights, powers and privileges of indi-
vidual owners thereof, including the
right to vote upon any shares of stock
held by it to the same extent that a
natural person might or could do; and
in general to do all things necessary to
the proper conduct of thu business of
this corporation in the Territory and
elsewhere. not inconsistent with the
1
ritory of Arizona.
Third: The authorized amount of
capital stock of this corporation shall
be Six Million dollars CSC. 200, 00G, divid-
ed into Two Million shares of the par
value of Three dollars $4,000 each. At
such time or times as the Board of Di-
rectors may by resolution direct, said
capital stock shall be paid into this
M, - ion, ait1 oel,
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 shalt thereupon
and thereby become and be fully paid
up and non assessabIe land in the alb
sence of actual fraud in the transa ction
the judgment of the Directors as to the
value of the property purchased shall
be conclusive.
Fourth: The time of the commence
ment of this corporation shall be the
date of the filing of these Articles of
Incorporation in the office of the Sec
rotary of Arizona, and the termina ton
thereof shall be twenty-five years
thereafter.
Fifth: The affairs of this corpora
ton shall be conducted by a Board of
five Directors and the following named
shall constitute the Board of Direc-
tors until. their successors are elected:
William j. Arson, James E. Arson.
John W. Carlson, David F. Arson and
Floyd Arson. 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 in
dehtedness or liability direct or con-
tingent, to which this corporation is a t
any time subject shall be Fifty Thou
sand dollars (s50,000
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 here
unto set our hands ard seals this Fiji
teenth day of March. 1902
WILLIAM J. ANSON. (SeaD
JENNIE z. ANSON. (SeaD
JOHN W. CARLSON. (SeaD
DAVID +. ANSON. (SeaD
FLOYD ANSON. (SeaD
State of Montana,
County of Lewis and Clarke IS.
On this Fifteenth day of March. in
the year 1902 before me- Walter Mathe-
son, a Notary Public in and for the
State and County aforesaid. residing
therein, duly commissioned and sworn,
personally appeared William J. Arson.
Jennie f. Arson. John w. Carlson. Da-
vid F. Arson and Floyd Arson. known
to me to be the persons 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.
(Notarial SealD
WALTER MATHESON.
Notary Public.
My commission expires November ,,
1902
Territory of Arizona,
County of Maricopa. IS.
I. B. F. McFan. County Recorder in
and for the County and Territory
aforesaid. hereby certify that I have
compared the foregoing copy with the
original Articles of Incorporation of
veloping Company, fled and recorded
in my office on the 22nd day of March.
1902 in Book No. of Interpretations at
Page -. and that the same IS full.
true and correct copy of such original
and of the whole thereof.
Witness my hand and seal of office
this 22nd day of March, 1902.
(Seal.) 3. F. MCCALL.
County Recorder.
BY A. 5. ARTHUR, Deputy.
Filed and recorded in the office of
the Secretary of the Territory of Ari-
IONA this 22nd day OF March, A d.
1902, at . p. m.
ISAAC T. STODDARD.
Secretary of Arizona.
First publication March &c.
ARTICJ E,S OF INCORDOp ALTON