Arizona republican., 1903-01-29
ARTICLES or INCORPORATION
 OF THE INDIAN TERRITORY MINING COM
 Il A

hnOW All Men DN lHtSt IItS'ilts' That we. whose hands are hereunto affixed, do hereby associate ourselves together for the purpose of forming 2, corporation under the laws of the Ter ritory of Arizona, and to that end make the following statement:
 First: The names of the corporators are JACOB GUTHRIE. HENRY C.. LINN and DWIGHT w. FUTILE, and the name of the corporation shall be INDIAN TERRITORY MINING COM PANY. The principal place in which the business of said corporation within the Territory of Arizona Is to ba tran sacted is Phoenix, Maricopa county. Arizona, and the principal place ot business of said corporation outside the Territory of Arizona shall be tue town of Wyandotte in the Indian Terr.- tory. at which meetings of the board Of directors may be held. and the cor poration may have such branch off, ces either within or without the Terri tory of Arizona as may be established by the board of directors.
 !. SeconG: 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 n general real estate, manufacturing and I , control letters patent and inventions and shares of capital stock of othc~ corporations; to borrow money and ex- ecute notes, bonds. mortgages or deeds Of trust to secure the same, and 70 eX- ercise in respect of all such bonds. l mortgages, notes. shares of capital stock and other securities and obliSa- tions 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 q 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, not incon- sistent with the laws of the United States and the Territory of Arizona
 Third: The authorized amount nf capital stock of this corporation shall be two hundred thousand dollars (S2OO 000.00). divided into two hundred thou sand shares Of the par value of one dollar (s1.00) each. At such time as the board of directors may by resolttiou direct, said capital stock shall be paid Into this corporation either Tn cash or by the sale and transfer to it or real or personal property for the uses and ; purposes of said corporation, in pay ment for which shares of the capital stock of said corporation may be is- sued and the capital stock so issued [ shall thereupon and thereby become ; and be fully paid up and nOn-assessa- , ble. and in the absence of actual fraud in the transaction the Judgment of .ha directors as to the value of the prop , erty purchased shall be conclusive Fourth: The time of the commence ment of this corporation shall be the r date of the filing of these articles of . incorporation in the office of the Sec retary of Arizona, and the termination thereof shall be twenty-five years thereafter.
 Fifth: The affairs of this corporation , shall be conducted by a board Of three 5 directors. and the following name l shall constitute the board of directors until their successors are elected Jacob Guthrie, Henry C. Linn and r Dwight W. Futile. 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: Dwight w. Futile. president; -- ! - vice president; Henry C. I Linn, secretary; Jacob Guthrie treas urer.
 Sixth: The highest amount of in- debtedness or liability, direct on con- tingent to which this corporation is at , any time subject shall be fifty-thou- . sand dollars ($5O,OOO). which amount does not exceed two-thirds the amount of the capital stock.
 , Seventh: The private property of the l stockholders of this corporation shall be exempt from corporate debts of any kind whatsoever.
 In witness whereof. we have here unto set our hands and seals this 18th day of December 1902.
 DWIGHT w. FUTILE. (SeaI)
 HENRY c. LINN. (Se2l1
 JACOB GUTHRIE. (Seal)
 Indian Territory.
 Western District, ss
 On this 18th day of December. in the , year 1902, before me, a notary public in and for the ter 9 ritOry and district aforesaid, residing therein. duly commissioned and sworn. personally appeared Henry C. Linn and Dwight W. Futile and Jacob Guthrie known to me to be the persons de- . scribed in, whose names are subscribed . to. and who executed the annexed in- strument, and they acknowledged to me I that they executed the same. for the purposes and considerations therein I expressed.
 In witness whereof, I have hereunto , set my hand and affixed my official seal, at my office in the said territory and district, the day and year last above written.
 (Notary Seal)
 WALTER A. SAUNDERS. r Notary Public
 My commission expires August 1. 1906 Territory of Arizona,
 County of Maricopa, ss.
 l I, B. F. McFan. county recorder in