The Arizona sentinel., 1903-05-06
Articles Of Incorporation
OF THE
ALBERT CHApELLE AND COMPANY,
LIMITED.

Know all men by these presents: That we, whose hands are hereunto affixed, do hereby associate ourselves together for the purpose of forming 8 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. Hademan.
 Second-The name Of said corporation shall be: Albert ClapeIlc and Company. Limited.
 The principal place Of business of the corpo- ration within the Territory of Arizona shall be at the town ef Yuma. Yuma county. where the al1ual meeting shail be held The directors may meet and do business in the city of Los Angeles California. CT in such other place in this or any othc: country 2s tncy may from time to JiEe determine.
 Third-The general nature Of the business proposed to be tranSaejed by thi5 corporation is a. follows. tC-yyi.:
 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. CT inventions or patents referring to or in any way connected with the production of ores and the extraction Of the values thcrefrom: anl to work mines explore operate and develop the sam. either ia the Territory of Arizona or elsewhere. To own. bur and sell capital stock Of other corporatiOns and to exchange the capital stock of u 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 tho directors may decide; to oun 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 general mining, mercha2dis- 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-Thc authorized amount of capital stock of this corporation shall be Fity Thous- azd Dollars C5o,OOO), divided into Five Thous- and (5.OC0} shares of par value cf Ten Dollars G1O 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 .crty, lands patents or the stock of other con- panies, for the uses and puIposCS of the corpo- ration in payment therefor, and the shares of the capital stOcl. of this corporation may be is sued in payment of such property, money CT stock or other corporations and become thereby paid up and unasscssablc and the judgment of the directors as to the value Of such property so bought shall be conclusive.
 Fifth-The time of the commencement of this corporation snail be the date of the filing of these Articles of Incorporation in the office of the county recorder of the county of Yuma, Ari- Zona, and the termination thereof shall be twcn- ty-fivC (25) years.
 SiXth-rhe 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 clccted and qualified: Stephen ". Dorsey. Al bert Chapelle. Charles T. Parsons, George C. HalGeman and George ". TibbittS.
 SCVCnth-The highest amOUnl Of indebtedness or liability direct or contingent to which this corporation shall at any time be subject shall not exceed fifteen thousand dollars (Tl500O.
 EiEhth-'Ihc private property of the stock holders Of this corporation shall he exempt from corporate debts of any kind whatsoever.
 IN WITNESS WHEREOF the ncOrpOratorS have hereuntO set their hands and seals this llth day of April 1908.