Arizona republican., 1902-10-02
ARTICLES OF INCORPORATION
 OF
LAsALLE LAND COMPANY

| PRESENTS: That we, whose handS lare hereunto affixed do hereby associate ourselves together for the purpose of forming a corporation 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 OBrien O'Donnell. 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 l 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- l 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 Isame; 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 1 sell mineral nrOHtfrtS and n sa in and conduct a mercantile business; to own. handle and control letters of capi- 1 tai stock of other corporations. to bor- row money. execute notes. bonds, mort 1 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, i 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 l proper conduct of the business of this corporation. in the Territory and else where. not inconsistent with the laws of i the United States and the Territory of Arizona.
 THIRD. The capital stock of said corporation shall be Two Hundred Thousand C$20O, ,00O Dollars. divided into i Two Thousand shares of the par value of One Hundred 0OO) 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-assessa bIe: 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. 1 FOURTH: The time of the com mencement of this corporation shall be the date of the filing of these articles | of incorporation 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 a Board of Directors, and the following names shall constitute the Board of Directors until their successors are elected: ! George c. Metzger. William w. Jones' ! O'Brien O'Donnell and Edward Wisner: thereafter the Board of Directors shall be elected from among the stockhoId- CTS as the bylaws of the corporation may provide.
 i SIXTH. The highest amount of in debtedness or liability. direct or contin- gent to which this corporation is at any time subject shall be One Hundred and twenty-five thousand s125. GOOD dol lars.
 SEVENTH. The private property of 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 18th day of September. 1902.
 GEO. G. METZGER (SeaD WILLIAM w. JONES (SeaD
 EDWARD D. WISNER (SeaD
 O'BRIEN O'DONNELL (SeaD State of Ohio,
 County of Lucas, ss.
 On this 18th day of September. in the year 1902 before me, Harry Levison, a notary public, in and for the County aforesaid, residing therein, duly com missioned and sworn, personally ap- peared George G. MetzCer William w. Jones, O.Brien O'Donnell and Edward l described in. whose names are sub Scribed to and who executed the an ncxod instrument, and they ac<nowl- edge to me that they executed the same for the purposes and COnsidcra- tions therein expressed.
 IN WITNESS VII ItREOF, | have
 hcrcunto set my hand and affixed my official seal the day and year last above mentioned.
 CSeal) HARRY LENISON.
 Notary Public, Lucas Co.,. Ohio
 My commission expires Nov. 13, 1902 Territory of Arizona,
 County of Maricopa, ss.
 I. B. F. McFall, County Recorder ir
 and for the County and Territory
 aforesaid, hereby certify that I have
 compared the foregoing copy with the original Articles of Incorporation oi
 the LASALL.E LAND co. filed and re-
 corded in my office on the 24th day of
 September, 1902. in Book No. F of In corporations, at Page -, and that the
 same is a full. true and correct copy
 of such original and of the whole there