Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1903-03-07

gas, asphaltum, petroleum. asbestos,
salt, water and water rights ana ma
chinery. and to work, mine, explore
operate and develop the same: to do
general real estate, manufacturing and
mercantile business own. handle and
control letters patent and inventions
and shares of capital stock of other
corpora tons; to borrow money and exc
cute notes, bonds mortgages, or deeds
of trust to secure the same. and to ex-
ercise in respect of all such bonds.
mortgages. notes. shares of capital
stock and other securities and oDllga-
tions 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 person might or
could do: and in general to do all things
necessary to the proper corcLct of the
business of this corporation in the ter
ritory and elsewhere. not inconsistent
with the laws of the United States AMI
the Territory of Arizona.
Third: The authorized amount of
capital stock of this corporation shall
be five million dollars $4,000, 000O0), di-
value of one dollar Cs1.0O dollars
(s1.00) each. At such time as the board
of directors may by resolution Greet,
said capital stock shall be paid into
this corporation either in cash or by
the sale and transfer to it of real and
personal property for the uses end pur
poses of said corporation, in paymen:
for which shares of the capital stock
of this corporation may be issued, and
the capital stock so issued shall there
upon and thereby become and he fully
paid UP and worcestershire. and il; the
absence of actual fraud in the trarsac-
ton the judgment of the directors as
to the value of the property 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
incorporate in the office of the sec
retary 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: Will
liam c. Wright. LeaVenworth X. Davis,
NJ. II. Burt Arthur p. Gutter and Louis
Grollman. Thereafter the board of di-
rectors shall be elected from among the
stockholders as the bylaws of the cor
poration may provide. The officers of
said corporation until their successors
are elected shall be: Leavenworth K.
Davis. PRESIDENT William C. Wright
vice president: NJ. H. Burt. secretary
and treasurer.
Sixth: The highest amount of in
debtedness or liability. direct or con-
tingent. to which this corporation is at
any time subject shall be two million
five hundred thousand dollars s2.5O0.-
100000. which amount does not exceed
thirds of the amount of the capital
stock.
Seventh: The private property of the
stockholders of this corpora ton shall be
exempt from corporate debts Of any
kind whatsoever.
In witness whereof, we have here
unto set our hands and seals this 31st
day of January, 1908.
WILLIAM c. WRIGHT. (SeaD
LEAVENWORTH X. DAVIS. (Seal)
ARTHUR P. CUTTER, (Sea1)
State of Illinois,
County of Cook, SIS.
On this 31st day of January, in the
year 1908, before me, Louis Grollman,
a notary public in and for the state
and county aforesaid, residing therein,
duly commissioned and sworn, person
ally appeared William C. Wright,
7 nd Arfh D
Cutter, known to me to be the persons
described in. whose names are SUD-
scribed to. and who executed the an
neXed instrument. and they acknow.-
edged to me that they executed the
same for the purposes and consldera-
lions 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.
(Notarial Seal) LOUIS GROLLMAN
Notary Public.
My commission expires January 2sth,
1907.
Territory of Arizona,
County of Maricopa, SIS.
/, B. F. McFall, county recorder IN
and for the county and territory afore-
said, hereby certify that l have COM
pared the foregoing copy with the Or
iginal articles of incorporation OF
MERCHANTS AND MANUFACTURE
Frs COAL COMPANY. filed and re-
corded in my office on the 9Th day of
February. 1908. in Book No. 13 of In
corpora tons. al page --. and that the
same is a full true and correct copy
of such original. and of the Whole
thereof.
Witness my hand and seal of Office,
this 5th day of February, 1908.
Recorder's SealD Is. F. MCCALL,
County Recorder
BY A. s. ARTHUR, Deputy.
Filed and recorded in the office of the
Secretary of the Territory of Arizona
this 5th day of February, y. D., 1908
at , p. m.
ISAAC T. STODDARD,
Secretary of Arizona.
First pub March 8, 1903.
ARTICLES OF INCORPORATION
OF