The news-herald., 1903-06-20
ARTICLES OF INCORPORATION
OF
The Chicago Mountain Aiming and Tvn-
nelinS Company.


KNOW ALL MEN BY THESE PRESENTS,
That we, the undersigned, do hereby associate
ourselves together for the purpose of forming Il
Corporation under the laws of the Territory of
Arizona, and to that end do certify and de-
clare
The names of the corporat0rs are s. B. Ed
wards, f. J. Greer and NJ. E. StinSon, and the
name OF the Corporation shall be The Chicago
Noun tain Mining and Tunneling Company.
! The principal place of business and registered
Office of the Corporation in Arizona shall be at
| Phoenix, Arizona, and the Corporation may
have such other offices either within or with
out the Territory of Arizona as may be estab-
l1shed by the Board OF Directors a which Off
ces meetings OF the Board OF Directors may be
held
ARTICLE II.
The general nature of the business proposed
TO be transacted by this Corporation is as fol-
lows, to-Wit: TO purchase, lease, bond or other
wise acquire; own, exchange, sell or otherwise
dispose OF; pledge, mortgage, hypOthecate and
deal in mines, mining claims oil lands, oil, gas,
aSphaltum, petroleum. water and water rights
and to work the same; to do q general real
estate and mercantile business, ana, in general
to do all things necessary to the proper conduct
of the business of the Corporation in the Terri
tory and elsewhere, not inconsistent with the
laws OF the United States and the Territory OF
Arizona.
ARTICLE III.
The authorized amount of capital stock OF
this Corporation shall be one million five hun
dred thousand dollars Isl ,5G0,000) divided into
one million five hundred thousand shares OF
the par value of one dollars ($100) 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. ser
vices, by the sale and transfer to it of real
personal property for the uses and purposes of
said Corporation, in payment Tor which shares
of the capital stock OF said Corporation may be
issued, and the capital 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 judg-
ment OF the Directors as to the value OF the
property purchased shall be conclusive.
ARTICLE "
The time of the commencement Of this Cor
pOration shall be the date OF the filing OF these
Articles of Incorporation in the office Of the
Auditor Of Arizona, and the termination there
of shall be twenty-five years thereafter.
ARTICLE V.
The affairs of this corporation shall be con-
Quoted by Board of three Directors, and the
following named shall constitute the Board OF
Directors until their successors are elected:
s. B. Edwards, L. J. Greer and NJ. +. Stinson.
The Board OF Directors shall be elected annU-
ally from among the stockholders on the first
Monday OF August, 1904. The officers Of said
shall be: S. B. Edwards, President; f. j.
Greer Vice-President; NJ. L. StnSon, Secretary;
NJ. E. Stinson, Treasurer.
ARTICLE VI.
c. H. Akers, bona fde resident of Arizona
for over three years, is the agent OF the Cor
poraton upon whom may be served au notices
and processes including service OF summons.
ARTICLE VII.
The highest amount OF Indebtedness or liza
bility, direct or contingent. To which this Cor
poration is t any time subject shall be twenty
five thousand dollars ($25,000), which amount
does not exceed tWo-thirds the amount of the
capital stock
ARTICLE VIII.
The private property of the stockholders OF
this Corporation shall be exempt from its cor
porate debts Of any kind whatsoever.
In Witness Whereof, We have hereunto set
our hands and seals this 18th day OF May, 1903.
(Seal S. B. EDWARDS,
Seal L. j. GREER,
[Seal] NJ. Il. STlNSON