Arizona republican., 1903-03-15
LEezL ADVERTISEMENTS.
ARTICLES OF INCORPORATION OF THE
 


 THE ARCANUM MINING COMPANY KNOW ALL MEN BY THESE PRESENTS. That we, whose hands are hereunto affixed do hereby associate ourselves together for the purpose of forming a corporation under the laws Of the Territory of Arizona, and to that end make the following statement: FIRST. The names of the corporators ars: John r. Kidwell. Albert D. Broom, John B. Rodgers and Patrick B. Flan- agan. and the name of the Corporation shall be The Arcanum Mining Compa- ny The principal place in which the business of said Corporation within the 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 kinds 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, mortgages. or and all rights. powers and privileges of deeds of trust to secure the same, and to exercise in respect of all such bonds, mortgage notes. shares of capital stock and other securities and obligations 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 a natural person might or could do; and in general to do all things nec- essary to the proper conduct of the bus 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.O0000 )divided into one hundred and fifty thousand shares of the par value of one dollar (S1.00) each. At such time as the Board of Directors may by resolution direct, said capital stock shall be paid into this Corpora ton 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 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 fraud in the transaction the judgment of the Directors as to the value of the property purchased shall be conclusive.
 FOURTH: The time of the con- menccement of this Corporation shall be the date of the filing of these Arti cIas of Incorporation in the office of the Secretary of Arizona, and the termina- ton thereof shall be twenty-five years thereafter.
 FIFTH: The affairs of this Corpora ton shall be conducted by Board of seven Directors and the following named shall constitute the Board of Dl- rectors until their successors are elect ed: John F. Fidwell, Albert F. 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 F. Froom, President; John B. Rodgers. ce-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 (s5OOO.O0). which amount does not exceed tWO-thlrdS the amount of the capital stock.
 SEVENTH: The private property of the stockholders Of this corporation shall be exempt rom corporate oepe@ of any kind whatsoever.
 TN WITNESS WHEREOF, We have hereunto set our hands and seals this fourth day of March, 1903.
 JOHN F. KIDWELL, (SeaD
 ALBERT F. BROOM, (SeaD
 JOHN B. RODGERS (SeaD
 PATRICK B. FLANAGAN, (SeaD State of Illinois
 County of Cook, ss.
 On this 4th day of February, in the year 1903, before me. Henry M. Gold smith, a Notary Public in and for the State and County aforesaid, residing therein, duly commissioned and sworn, personally appeared John F. Kidwell, Albert E. Broom, John E. Rodgers ana 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- alterations therein expressed.
 IN WITNESS WHEREOF, have