Arizona republican., 1903-02-03
ARTICLES OF INCORPORATION
 OF THE INDIAN TERRITORY MINING COM
 DANNY


 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 be tran sacted is Phoenix, Maricopa county, Arizona. and the principal place ot business of said corporation outside the Territory of Arizona shall be tn. town of Wyandotte in the Indian Terri 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 tie Terri tory of Arizona as may be established 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 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 general real estate. manufacturing and mo mt To ht1G tn har Ia q control letters patent and inventions and shares of capital stock of other corporations; to borrow money and ex- ecute notes, bonds, mortgages or deeds of trust to secure the same and to ex- ercise in respect of all such bonds mortgages, notes, shares of capital stock and other securities and obliga- tions any and all rights, powers and privileges of individual owners thereof including the right to vote upon any shares of stock held by 1t 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, 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 (s200. 0OOO0). divided into two hundred thou sand shares of the par value of one dollar (S1OO) 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 ] lr,rry ,F .rf.4 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 Tn the absence of actual fraui in the transaction the Judgment of .he 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 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 , directors, and the following named shall constitute the board of directors until their successors are elected:
 Jacob Guthrie. Henry c. Linn and |. Dwight W. Futile. Thereafter the board of directors shall be elected from among the stockholders, as the bylaw g 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. Linn. secretary; Jacob Guthrie treas urer.
 Sixth. The highest amount of in- debtedness or liability. direct on COL tingent, to which this corporation is Ut any time subject shall be fifty-thou- sand dollars CS50.OOO). 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 our hands and seals this 18th day of December. 1902
 DWIGHT w. FUTILE, CSeal)
 HENRY c. LINN, (Seal)
 JACOB GUTHRIE, (Seal) Indian Territory.
 
 On this 18th day Of December, in the , year 1902, before me, a notary public in and for the ter . 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 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 terr~itorv and district, the day and year last above written.
 (Notary Seal)
 WALTER A SAUNDERS. F Notary Public.
 My commission expires August 1, 1906 Territory of Arizona.
 County of MariCODa sS