Arizona republican., 1902-01-01
ARTICLES OF INCORPORATION.
OF THE

|
OF THE
THE SKOOKUM GOLD MINING
COMPANY
| KNOW ALL MEN BY THESE
PRESENTS: That we. whose hands
are hereunto affixed, do hereby associ-
ate ourselves together for the purpose
of forming a corporation under the
laws of the Territory of Arizona, and
! to that end make the following state
| ment:
First. The named of corporators
are: Max I. Heldman. James S.
Shortle. r. ]. I-avery, and the name of
| the Corporation shall be The Skookum
Gold Mining Company. The principal
place in which the business of said
| Corporation within the Territory of
Arizona is to be transacted is Phoe-
nix. Maricopa County. Arizona, and
the principal place of business of said
| Corporation outside of the Territory of
| Arizona shall be the City of Chicago,
| in the State of Illinois. at which meet
| ings 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 established by the Board of
| Directors.
Second. The general nature of the
business proposed to be transacted by
1
| To purchase, lease. bond. locate or
otherwise acquire, own, exchange. sell.
or otherwise dispose of. pledge. mort
| gage. hypothecate and deal in real es-
| tate and any and all kinds of personal
property, mines. mining claims. oil
lands. mineral lands, oil. gas. asphalt
um petroleum. water and water rights
| and machinery, and to work. mine eX-
| plore. operate and develop the same;
| to IN q nla
turing and mercantile business: to
| own, handle and control letters patent
and inventions and shares of capital
| stock of other corporations; to borrow
| money and execute notes. bonds. mort
cages. 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.
powers and privileges of individual
| owners thereof. including the right to
| vote upon any shares of stock held by
| ii to the same extent that a 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.
L
capital stock of this Corporation shall
be One Million Five Hundred Thou
sand Dollars (S1 500 0.00) divided into
| one million five hundred thousand
shares of the par value of One Dollar
| ($1.0O) each. At such time the
| Board of Directors may by resolution
direct said capital stock shall be paid
into this Corporation either in cash or
by the sale and transfer to it of real
| or personal property for the uses and
purposes of said Corporation, in pay
ment for which shares of the capital
stock of said Corporation may be is
| sued and the capital stock so issued
shall thereupon and thereby become
and be fully paid up and non-assessa-
BILE. and in the absence of actual fraud
| in the transaction the judgment of the
Directors as to the value of the prop
| erty 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 termination
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 Directors
until their successors are elected
Lewis Loewenstien. Frank NJ. Cox,
julius N. Heldman. Gustav Loewen-
stien, and James S. Shortle. Thereaf-
after the Board of Directors shall be
elected from the stockholders as the
BYLAWS of the Corporation may pro-
vide.
| Sixth. The highest amount of in
ldebtedness or liability. direct or con-
tingent. to which this Corporation is
at any time subject shall be Five Hun
dred Thousand Dollars (5o0. 100000.
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
18th day of December. 1901
Max I. Heldman. (SeaD
James S. Shortle, (SeaD
| r. ]. Lavery, (SeaD
State of Illinois. County of Cook. IS.
On this 18th day of December, in the