The news-herald., 1903-04-04


Company. The principal place in which
the business 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 in the City
of Indianapolis, in the State of Indiana,
at which meetings of the Board of Di
rectOrs may be held, and the Corpora
ton may have such branch offices either
within 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
this Corporation is as follows, to-wit:
TO make contracts, to purchase, lease,
bond, locate or otherwise 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, mineral lands, oil, gas, asphal-
tum, petroleum, asbestos, salt, water
and water rights and machinery, and to
work, mine, explore, operate and de-
velop the same; to do a general real
estate, manufacturing. mercantile and
mining business to own, handle and
control letters patent and inventions
and shares of capital stock of other cor
porations; to borrow money and execute
notes, bonds, mortgages or deeds of
trust to secure the same, and to exer-
else in respect of all such bonds, mort
cages, notes, shares of capital stock and
other securities and obligations any and
all rights, powers and privileges OF in
diyidual 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 the business of
this Corporation in the Territory and
elsewhere, not inconsistent with the
laws Of the United States and the Terri
tory of Arizona
Third-The authorized amount of
capital stock of this Corporation shall
be one and onc-half million ($l 800 ,000)
dollars, divided into Que and Gnc-half
million I,500,000) shares of the par
value of one ($100) dollar each. At
such time as the Board of Directors may
by resolution direct, said capital stock
shall be paid into this Corporation either
iii cash or by the sale and transfer to it
OF real or personal property for the uses
and purposes of said Corporation, in
payment for which shares Of the capital
stock of said Corporation may be issued,
and the capital stock so issued shall
thereupon and thereby become and
be fully paid up and worcestershire,
and in the absence of actual fraud
in the transaction the judgment of the
Directors as to the value of the prop
erty purchased shall be conclusive.
Fourth-The time of the commence
ment of this Corporation shall be the
date of the filing of these Articles of
Incorporation in the Office of the Secre-
tary of Arizona, and the termination
thereof shall be twenty-five years there
after.
Fifth-The affairs of this Corporation
shall be conducted by a Board of seven
Directors and the folloWing-named shall
constitute the Board of Directors until
their successors are elected: Charles r.
Ball1e, James w. Foley, Frank NJ.
Fauvre, Louis H. Renkert, Henry G.
Brin1er, E. B. Owen and George R.
Wysong. Thereafter the Board of
Directors shall be elected from among
the stockholders as the bylaws of the
Corporation may provide. The officers
or SAID Corporation untll tnelf success
ors are elected shall be: Louis II.
Renl1ert, President; Frank NJ. Fauvre,
Vice President; George r. Wysong,
Secretary; Henry G. Brinker, Treas
urer.
Sixth-The highest amount of indebt-
edness or liability, direct or contingent,
to which this Corporation is at any time
subject, shall be one million ($l 900, ,000)
dollars, which amount does not exceed
two-thirds of the capital stock.
Seventh-The private property of the
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 - day |
of ---, 1908.
J. w. FOLEY, [Seal] |
CHARLES r. BALKE, [Seal] |
FRANK NJ FATTVRE TSe911 |