The Arizona sentinel., 1903-05-27
Articles Of Incorporation
 OF THE ALBERT CHAPELLE AND COMPANY,
LIMITED.

l Know all men by these presents: That we. whose hands are hereunto affixed. do hereby associate ourselves together for the purpose of forming corporation under the laws of the Territory of Arizona, and to that end we certify as follows. to-wit:
 First-The names of the incorporators are: Charles T. Parsons Albert Chapelle, George c. Haldeman.
 Second-The name of said corporation shall be: Albert Chapelle and Company, Limited.
 The principal place of business of the corpo- ration within the Territory of Arizona shall be at the town of Yuma, Yuma county. where the annual meeting shall be held. The directors may meet and do business in the city of Los Angeles California, or in such other place in this or any other country as they may from time to time determine.
 Third-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 or otherwise acquire or exchange, sell or other wise dispose of, pledge mortgage and deal in all kinds of mines and mining stock, mining claims. mineral lands water rights, pumping plants, and own. buy and sell any and all kinds of mining machinery. or inventions or patents referring to or in any way connected with the production of ores and the extraction of the values thercfron; and to work hines, explore operate and develop the sam. either in the Territory of Arizona or elsewhere. To own, buy and sell capital stock of other cOrDorationS and to exchange the capital stock of this cor pOration for that of other corporations, to consolidate with other corporations upon such terms and conditions as the board of directors may decide; to own and op- crate stores for the sale of merchandise of every name and description, to loan money and borrow upon such security as the directors may decide; to own and operate saw mills, stamp mills, cyanide plants or such other mechanical appliances as may be necessary, and to do any and all things that may be necessary or requi- site to conduct q general mining. merchandise ing and financial business. as well as to con struct and operate railroads to facilitate min ing operations and to stock and bond the same aS the directors may determine.
 FoUrth--Tne authorized amount of capital stock of this corporation shall be Fi.y ThOu>- and Dollars C$J9O0O, divided into Tive ThouS- and (5.00O) shares of par value cf Ten Dollars (SIO) each. Said capital stock shall be paid in this corporation either in cash or by the sale and transfer to it of any mine or mining prop erty, lands, patents or the stock Of other com panies, for the uses and purposes of the corpO- ration in payment therefor. and the shares oi the capital stock of this corporation may be iS- sued in payment Of such property, money or stock or other corporations and become thereby paid up and inaccessible and the judgment Of the directors as to the valued of such property SC bought shall be conclusive
 Fifth-The time of the con -mencemcnt of this corporation shall be the date of the fling of these Articles of Incorporation in the o'fice of the county recorder Of the county of Yuma. Ari- Zona. and the termination thereof shall be twen- ty-fiVe C35l years.
 SiXth-'The affairs of the corporation shall be conducted by board of five I5l directors and the following names shall constitute the board of directors until their successors are duly elected and qualified: Stephen w. Dorsey Al bert Chapelle. Charles T. ParSolS, George C. E&ldcman and George w. TibbittS
 SeVenth-The highest amounl of indebtedness or liability direct contingent to which this corporation shall at any time be subject shall not exceed fifteen thousand dollars (Sl50G0).
 Eighth-The private property of the stock holders of this corporation shall be exempt from corporate debts Of any kind whatsoever.
 IN WITNESS WHEREOF. the incOrpOratorS have hereuntO set their hands and seals this llth day of April, 1903
 CHARLES T. PARSONS,
 ALBERT CHAPELLE.