Arizona republican., 1903-01-23


 which meetings of the Board of Directors may be held and the corpo- ration may have such branch offices either within or without the Territory of Arizona as may be established by the Board of Directors.
 Second The general nature of the busienss proposed to be transacted by this corporation is as follows, to-wit:
 To make contracts, to purchase, lease, bond, locate or otherwise ac- quire, own. exchange. sell or otherwise dispose of, pledge. mortgage, hypothe- cate and deal in real estate and any and all kinds of personal property, mines, mining claims. oil lands, mineral lands, oil, gas, asphaltum, petroleum, asbestos. salt, water and water rights and machinery, and to work, mine, explore operate and develop the same: to do e general real estate, manufac- turing and mercantile business; to 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 or trust to secure the sam P, and to exercise in respect of all such bonds. mortgag ges, notes, shares of cap ital stock and other securities and oD- legations 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 per son might or could do. and in general to do all things necessary to the proper conduct of the business of this cOrpo- ration in the Territory and elsewhere, not inconsistent with the laws of the United States and the Territory of Arizona.
 Third: The authorized amount of capital stock of this corporation shall be Three Million dollars (S3,OO0.OOOOO divided into three million (3.OOOOOO shares of the par value or One Dollar (S1.OO) 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 or by the sale and transfer to 1t of 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-asscss- | able, and in the absence or actual | fraud in the transaction the judgment ! of the Directors as to the value of the property purchased shall be conclu- sive.
 Fourth: The time Of the commence ment of this corporation shall b. the i date of the filing of these Articles of ! Incorporation in the office or the Sec 1 retary Of Arizona. and the ternina- | tiOn thereof shall be twenty-five years ! thereafter.
 Fifth: The affairs of this corpora i ton shall be conducted by a Board 1i | nine Directors and the following named | shall constitute the Board of Directors | until their successors are elected: Will | liam Herrick. William C. Thorne. Will | liam S Mason, Ben NJ. smith. Eugene | II. Clarke. Otto II. l.. Wernicke. Irwin ! K. Rockwell William H. Watt, ana ] Charles R. Carpenter. Therea fter the | Board of Directors shall be clectel | from among the stockholders as the ! bylaws Of the corporation may pro 1 vide. The officers Of said corporation | until their successors are elected shan ! be: William Herrick President: Will ! liam z. Mason. Vice President: Eugene ! 1. Clarke. Secretary; Charles E. Car ! penter. Treasurer.
 Sixth: The highest amount of in- ] debtedness or liability. direct or con- ! tinSent, to which this corporation is at 1 any time subject shall be Two Mill.Cr dollars (s2, coo. .OOOOO). which amount does not exceed two-thirds the amount ! of the capital stock
 Seventh: The private property Of tn, stockholders Of this corporation shaI be exempt from corporate debts of any kind whatsoever.
 IN WITNESS WHEREOF. We have hereunto set our hands and seals thi. 27th day of December. 1902
 WILLIAM 6 MASON. CSea!I
 FEN NJ. SMITH. (Seal,
 EUGENE II. CLARKE. (Seau
 IRWIN E. ROCKWELL. Cseal
 w. HERRICK CSeaI State Of Illinois
 County Of Cook. ss.
 On this Z7th day of December in tn. year 1902 before me. Arista F. Williams q Notary Public In and for the Stat. and County aforesaid. residing therein duly commissioned and sworn. person. ally appeared William Herrick, Eugen, l II. Clarke, Irwin F.. Rockwell. William ! g. Mason and Ben M. Smith, known {, me to be the persons described ir 1 whose names are subscribed to. ant | who executed the annexed instrument and they acknowledged to me that they executed the same for the purposes anC ] considerations therein expressed.
 IN WITNESS WHEREOF. I hay. hereunto set my hand and affixed my official seal. at my office in the sai, State and County, the day and yea last above written.
 ARISTA B. WILLIAMS. CNotarial Seal) Notary Public.
 Notary Public My commission expires Nov. 7th, 1906 Territory of Arizona,
 County of Maricopa, ss.
 I. B. r. McFall, County Recorder II and for the County and Territor! aforesaid, hereby certify that I hay compared the foregoing copy with tn original Articles of Incorporation O the IDAHO CONSOLIDATED MINE! |. COMPANY LIMITED. filed and re corded in my office on the 31st day O December, 1902, in book No. 12 of Tn corporations. at page -. and that tn same is a full. true and correct cop. of such original and of the whol