Arizona republican., 1902-01-15
ARTICLES OF ACCOMMODATION
 OF THE INGLENOOK MINJNG COMPANY

of the Territory of Arizona and we hereby agree to acknowledge the fol- lowing articles of incorpora tion. to-wit:
 Article I. The names of the corpora tors are Jesse E. Carter, Earl l.. Bull lion, George N. Baker. Herman F. Gerdes and Lemuel J. Gerdes
 Article H. The name of this corpo ration is The 1nglenook Mining Com pany.
 Article III. The principal place at which the business of this corporation shall be transacted is the city of Phoe nix. in the county of Maricopa, in the territory of Arizona.
 Article ". The general nature of the business proposed to be transacted by this corporation is general mining, milling. smelting and reduction busi- ness: to purchase, lease, bond, locate or otherwise acquire. own. exchange. sell or otherwise dispose of real estate and any and all kinds of personal prop erty, mines, mining claims. oil lands. mineral lands. oil, gas. asphaltum. pc troleum, water, water-rights, nlill-sites and machinery; and to work. mine, ex- plore and develop the same; to do a general real estate. manufa curing and mercantile businesss: to own. handle and control letters patent, inventions and shares of capital stock of other corporations; to borrow money and execute notes. bonds, mortgages or deeds of trust to secure the same: and to exercise in respect to all such notes, bonds, mortgages deeds of trust shares of capital stock and other secur- ities and obligations, any and all rights. powers and privileges of indi- vidual owners thereof. including the right to vote upon any and all shares Of capital 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 the business of this corporation in the territory of Arizona, not inconsist ent with the laws of the United States and the territory of Arizona.
 Article V. The capital stock of this corpora ton shall be three million dol lars (s3. coo ,000), divided into three mil lion @, 3,000, ,0Oo) shares of the par value of one dollar (sl. .00) each. Said shares to be issued fully paid and non-assess- able. Such capital stock or any part thereof. may be issued in payment for property. rights or interests of any kind or nature. purchased or otherwisn acquired, and shall be issued in pay ment therefor upon such terms as the board of directors of the corporal tion shall determine. and in the absence of actual fraud the judgment of the di- rectors as to the value of the property. rights or interests, purchased or other wise acquired shall be conclusive.
 Article VI. The time of commence ment of this corporation shall be from the date of the filing of these articles of incorporation in the office of the Sec retary of the territory of Arizona. and the termination thereof shall be twenty-five years thereafter. Article VII. The management and control of the business. property and affairs of the corporation shall be vested in and conducted by a board of not less than three nor more than five directors. The directors shall be elect ed annually, the first Monday in Jan uary-
 Article VIII. The officers of this cor poration shall be d president, vice president, secretary. treasurer and such other officers and agents as the board of directors may deem necessary | for the proper transaction of its busi- ness. The president and the vice | president of this corporation shall be members of the board of directors. The secretary, the treasurer and all mem bers of the board of directors shall be stockholders of this corporation. Article TX. The highest amount of Indebtedness or liability, direct or con- tingent. to which this corporation is at any time subject shall be one million
 dollars (s1.000,e00).
 Article K The private property of the stockholders of this corporation shall be exempt from corporate debts l of any kind whatsoever.
 | Article XI. The board of directors of | this corporation shall have power to establish by-laws and make all rules
 and regulations deemed expedient for the management of the affairs of this corporation. Said bylaws. rules and
 regulations not to be inconsistent with
 the laws of the United States and the territory of Arizona.
 Article XII. These articles of incor- poration may be altered and amended
 at any regular meeting called expressly
 for that purpose. by the affirmative | vote of the holders of at least two
 thirds of the capital stock of this cor poration.
 In witness whereof we have hereunto
 set our hands and seals. this the 9th
 day of January. A. D. 1902
 ] JESSE E. CARTER. (Sealo HERMAN F.. GERDES. Seal) EARL L. BULLION. tSeal) GEORGE N. BAKER. (Seal0 L. J. GERDES. (Sea)
 Territory of Arizona, County of Mari | copa. ss.
 | Before me, J. Ernest Walker, No-
 tary Public in the county of Maricopa, Territory of Arizona. on this day per
 sonally appeared Jesse E. Garter. Her
 man F.. Gerdes. Earl L. Bullion. George
 N. Baker. l.. J. Gerdes. known to me to
 t- the persons whose names are sub
 scribed to the foregoing instrument.
 and acknowledged to me that they ex- ' ecuted the same for the purposes and | | Given under my hand and seal of of- flee this 9th day of January. A. D. 1902 | (Notary Seal)
 J. ERNEST WALKER. Notary Public l My commission expires April Is. 1905 | Territory of Arizona. County of Mari copa, sS.