Arizona republican., 1903-03-17
TAYLOR @ SON


l
 ars: John F. Kidwell. Albert E. Froom.
 John B. Rodgers and Patrick B. F'lan-
 agan, and the name of the Corporation shall be The Arcanum Mining Compa-
 ny. The principal place ip>vhich the | business of said Corporation within tho
 Territory of Arizona is to be transact
 ed is Phoenix, Maricopa County, Arizo-
 ma. and the principal place of business
 of said Corporation outside the Terri | tory of Arizona shall be the City of | Chicago in the State of Illinois. at
 which meetings of the Board of Direct | ors may be held. and the Corporation | may have such branch offices either with or without the Territory of Ari- Zona 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
 kinSs of personal property, mines. min-
 ing claims, oil lands, mineral lands, oil,
 gas, asphaltum, petroleum, asbestos, salt, water, and water rights and ma chinery, and to work, mine, explore, operate and develop the same; to do a
 general real estate, manufacturing and
 mercantile business; to own, handle and control letters patent and inventions and shares of capital stock of other corporations: to bond mortga ges, or
 and all rights, powers and privileges of deeds of trust to secure the same, and
 to exercise in respect of all such bonds, | mortSa Ses, notes. shares of capital stock and other securities and obligat tions any
 and all rights. powers nd privileges of
 individual owners thereof, including | the right to vote upon any shares of stock held by it to the same extent | that natural person might or could do; and in general to do all things nec- essary to the proper conduct of the bus l mess of this Corporation in the Terri tory 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 One Hundred and Fifty Thousand Dollars (s150,0G0.O0 )divided into one hundred and fifty thousand shares of the par value of one dollar (s1G0) 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 trans | fer to it of real or personal property for the uses and purposes of said corpora | tion, 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 be- come and be fully paid up and non-as- sessable, and in the absence of actual | fra ud in the transaction the judgment of | the Directors as to the value of the property purchased shall be conclusive. FOURTH: The time of the com- | menccement of this Corporation shall | be the date of the filing of these Arti- cles of Incorporation in the office of the Secretary of Arizona, and the terrnina- | tion thereof shall be twenty-five years thereafter.
 FIFTH: The affairs of this Corpora | tion shall be conducted by Board of seven Directors and the following | named shall constitute the Board of Di rectors until their successors are elect ed: John F. I<idwell, Albert E. Froom. John B. Rodgers, Patrick B. Flanagan. | Ernest w. Pitt, Michael J. Murphy, and Daniel J. Gawne. Thereafter the Board of Directors shall be elected from | among the stockholders as the bylaws
 of the Corporation may provide. The | officers of said corporation until their
 successors are elected shall be: Albert
 E. Froom, President: John B. Rodgers. | Vice President; Michael J. Murphy, | Secretary; John F. Kidwell, 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 Five Thous- and Dollars (s5,0O0.00), 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.
 IN WITNESS WHEREOF, We have l hereunto set our hands and seals this
 fourth day of March, 1903.
 | JOHN r. KIDWELL, (SeaD | ALBERT E. BROOM, (SeaD | JOHN B. RODGERS (SeaD | PATRICK B. FLANAGAN, (SeaD
 State of Illinois
 l County of Cook, ss. s On this 4th day of February, in fthe
 year 1903, before me. Henry M. Gold
 smith, a Notary Public in and for the l State and County aforesaid, residing
 therein, duly commissioned and sworn. personally appeared John F. Kidwel,
 Albert F. Broom, John B. Rodgers and
 Patrick B. Flanagan, known to me to
 be the persons described in, whose names are subscribed to, and who exc | cuted the annexed instrument, and they' | acknowledged to me that they eXecut-
 ed the same for the purposes and con- sidera tions therein expressed.
 l 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 bove written.
 l. HENRY M. GOLDSMITH, CNotarial SeaD Notary Public. My commission expires Dec 9th, 1903. Territory of Arizona,
 County of Maricopa, ss
 I, B. F. McFall, County Recorder in
 and for the County and Territory afore-