Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1903-03-05


ritory of Arizona, and to that end make
the following statement:
First: The name of the corporators
are: Paul J. Somers, William Kurth
and John P Meehan, and the name of
the corporation shall be THE RIO
DOLORES MINING COMPANY" The
principal place in which the business OF
said corporation within the Territory
of Arizona is to be transacted is Phoe-
nix, Maricopa county. Arizona, and the
principal place of business of said COM
pany outside the Territory of Arizona
shall be the City of Milwaukee. in the
State of Wisconsin, at which meetings
of the board of directors may be held,
and the corpora ton may have such
branch offices either within or without
the Territory OF Arizona as may be es-
tablished 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 purcnese
lease bond, locate or otherwise acquire,
own. exchange. sell or otherwise dis
pose of. pledge. mortgage, hypothecate
and deal in real estate and any and all
kinds of personal property. mines, min
ms; claims, oil lands. coal lands, min
eral lands, oil. coal, gas, as
phaltum, petroleum, asbestos, salt.
water and water rights and ma
chinery, and to work, mine. ex-
plore, operate and develop the same.
to do a general real estate manufac-
turing and mercantile business: 20 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, and
to exercise in respect of all such bonds
mortgages notes, shares of capitai
stock and ether securities aud obliga-
tiOrs 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 conduct
OF the business of this corporation in
the territory and elsewhere. no; incon-
sistent with the laws of the United
States and the Territory of Arizona
Third: The authorized amount of
capital stock of this corporation shall
be five million dollars $4,000, 900 0O) di-
vided into 100000 shares of the par
value of one dollar (s100) 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
transfer to it of real or personal pror-
erty for the uses and purposes of said
corporation. in payment for which
shares of the capital stock of this cor
poration may be issued. and the cap
ital stock so issued shall thereupon and
thereby become and be fully paid up
and worcestershire. and In the absence
Of actual fraud in the transaction the
judgment of the board of 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
Incorporation in the office of the sec
rotary 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 eli.
rectors. and the following named shall
constitute the board of seven directors
L
]. Somers, William Kurth, John P Nee
han. Charles T. Petersen, Charles L.
Conroy, Thomas H. Dorr, and Harry
C. King.
Thereafter the board of director,
shall be elected from among the stock
holders as the bylaws of the corpora
ton may provide. The officers of said
corpora ton until their successors are
elected shall be: Paul ]. Somers, pre5-
ident; John P Meehan, vice-presiden,;
William Kurth, secretary; Charles T.
Petersen. treasurer.
Sixth: The highest amount of in
debtedness or liability, direct or con-
tingent. to which this corporation is a
any time subject, shall be five hundred
thousand dollars $500, OOO.O0). 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 here
unto set cur hands and seals this Thrift
eth day of January. A. D.. 1908.
PAUL J. SOMERS, (SeaL)
WILLIAM KURTH, (Seal)
JOHN p. MEEHAN, (Seal)
State of Wisconsin,,
County of Milwaukee, SIS.
On this thirtieth day of January. IN
the year nineteen hundred and three,
before me. Chas. T. Peterson, Il notary
public in and for the state and county
afoTesaid, residing therein, duly COM
miss:oned and sworn. personally ap-
peared Paul J. .Somers. William Kurtn
and John P. Meehan. known to me to
be the persons described in. whose
names are subscribed to, and who eX-
ecuted the annexed instrument, and
they acknowledged to me that they ex-
ecuted the same. for the purposes and
considerations therein expressed.
In witness whereof, [ have nereunto
set my hand and affixed my official seal,
at my office in the said state anG cour-
Is, the day and year last above written.
(Notarial Seal)
CHAS. T. PETERSON,
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