Arizona republican., 1903-01-25

pOIdtiOn OutS1Qe the IerlltOIy or Arizona shall be the City of Chi cago in the State of Illinois. at which meetings of the Board of Directors may be held and the cOrpo- ration 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 busienss proposed to be transacted by this corporation is as follows, to-wit: To make contracts. to purchase, lease, bond, locate or otherwise ac- quire, own, exchange, sell or otherwise dispose Of. pledge, mortgage. hypothe- cate and deal in real estate and any and all kinds of personal property, mines, mining claims, oil lands, mineral lands, oil, gas, asphaltum, petroleum, asbestos, salt. water and water rights and machinery, and to work, mine, explore, operate and develop the same; to do a general real estate, manufac- | 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, mortgages, | or deeds of trust to secure the same,
 
 | bonds mortgages, notes, shares of cap ital stock and other securities and ob- | legations any and all rights, powers | and privileges of individual owners | thereof. including the right to vote upon any shares of stock held by it to the same extent that a natural per son might or could do; and in general | to do all things necessary to the proper conduct of the business of this corpo- ration in the Territory and elsewhere, not inconsistent with the laws of the United States and the Territory of Arizona.
 Third: The authorized amount of capital stock of this corporation shall be Three Million dollars (s3.OO0 OO0. .00) ] divided into three million (3O0O. 0OO) shares of the par value of One Dollar | ($1.OO) each. At such time as 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 corpora ton, 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-assess-
 able, and in the absence of actual | fraud in the transaction the judgment | of the Directors as to the value of the property purchased shall be conclu- | sive
 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
 retary of Arizona. and the terminal
 ton thereof shall be twenty-five years | thereafter
 ! Fifth: The affairs of this corpora
 tion shall be conducted by a Board of
 nine Directors and the following named l shall constitute the Board of Directors
 until their successors are elected: Will
 liam Herrick, William C. Thorne, Will liam s. Mason, Ben M. Smith, Eugene
 Fl. Clarke, Otto II. l.. Wernicke Irwin | F. Rockwell, William II. Watt, ana ! Charles F. Carpenter Thereafter the l Board of Directors shall be elected | from among the stockholders as the l bylaws of the corporation may pro- | vide. The officers of said corporation until their successors are elected shall | be: William Herrick. President; Will
 liam s. Mason, Vice-President: Eugene | H. Clarke, Secretary; Charles R. Car
 penter. Treasurer.
 Sixth: The highest amount of in-
 debtedness or liability, direct or con-
 tingent, to which this corporation is al l any time subject shall be Two Million
 dollars (S2,000. 0000O, which amount
 does not exceed two-thirds the amount
 of the capital stock.
 Seventh: The private property of the
 stockholders of this corporation shall
 be exempt from corporate debts of any ! kind whatsoever.
 1 IN WITNESS WHEREOF, we have
 hereunto set our hands and seals this
 2Ith day of December, 1902
 WILLIAM s. MASON. (SeaD REIN M. SMITH. CSeaD EUGENE H. CLARKE. (SeaD IRWIN F. ROCKWELL. CSea)
 w. HERRICK. (SeaD l State of Illinois,
 County of Cook, ss
 On this 27th day of December. in the
 year 1902 before me, Arista B. Williams
 Q Notary Public In and for the State
 and County aforesaid, residing therein
 duly commissioned and sworn, person
 ally appeared William Herrick, Eugene
 H. Clarke. Irwin F.. Rockwell, William
 s. Mason and Ben NJ. Smith. 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.
 ARISTA B. WILLIAMS, l CNCtarial Seal) Notary Public. Notary Public | My commission expires Nov. 7th, 1906 | Territory of Arizona,
 l County of Maricopa, ss.
 I, B. F. McFall, 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 l the IDAHO CONSOLIDATED MINES | COMPANY LIMITED, filed and re-
 corded in my office on the 31st day of | December, 1902, in book No. 13 of In- l corporations, at page -, and that the