The Arizona sentinel., 1903-01-07
ARTICLES OF INCORPORATION
OF THE
OF THE Arizona Smelling and Reduction Company.

Arizona Smelling and Reduction
 Company.
 Know all men by these presents: That we, whose hands are hereunto affixed, do hereby as sociate ourselves together for the purpose of forming corporation under the laws of the Territory of Arizona, and to that end make the following statement:
 FirSt-That the names of the corporators are: James Rice, of Los Angeles, Cal; Frank N. Rust, of Los Angeles. Cal; Lee Chamberlin, of Los Angeles, Cal; and the name of the corpora tion shall be The Arizona Smelling and Reduc- tion Company. The principal place in which the business of said corporation, within the Ter ritory of Arizona. is to be transacted is Yuma Yuma county, Arizona, and the principal place of business of said corporation outside of the Territory of Arizona shall be the City of Los Angeles Los Angeles county, State of Califor- nia at which place meetings of the board Of d. rectors may be held, and the corporation may have such branch offices, either within or with out the Territory of Arizona, as may be estab- lished by the board of directors
 Second-The general nature of the business proDosed to be transacted by this corporation is as follows to-wit: The sme,ting. refining. sampling and reduction of any and Gll ores, to purchase and sell any and all ores. 1uxes and bullion; to purchase, lease, bond, locate, or otherwise acquire own, exchange, sell or other wise dispose of, pledge, mortgage, hypothecate' and deal in real estate and any and all kinds Of personal property, mines, mining claims, oil lands, mineral lands, oil gas, asphaltum, petro- leun water and water rights, and machinery, and to work, mine, explore operate and develop the same; to do 6 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 acquire by purchase, or in any lawful manner and to possess enjoy. operate anu use, grants, franchises and concessions from any territory or state of the United States. or from any other state or country of the world. lands, steamships, steamship lines, railroads (other than the rail roads in the Territory of Arizona), wagon roads, canals, mills, factories, houses, capital stock and bonds of corporations, public or pri- vste chattels, goods, wares and merchandise and ehoSeS in action and to buy and to OWE, control deal in or dispose of the same, or any part thereof, and to enter into contracts for the construction and operation of any such enter prise or corporation, to borrow money and exc cute notes, bonds, mortgages, or deeds of trust to secure the same and to exercise in respect of all such bonds mortgages, notes. shares of capi- tai stock and other securities and obligations any and all rights, powers and privileges of in dividual owners thereof, including the right to vote upon any shares of stock held by it. to the same extent that a natural person might or could do; and in geueral to do all things neces- sary to the proper conduct of the business of A-;.r md 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 One Million Dollars (sl, 600 0OO), divided into one million shares of the par value of one dollar each.
 At such time as the board of direotorssmay, by resolution. direct, said capital stock shall be paid into this corporation either in cash or by the sale and transfer to it of real or personal property for the uses and purposes of said cor poration, in payment for 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 non-assessable, and in the absence of actual fraud in the transaction the judgment of the di- rectors as to the value of the property pur- chased shall be conclusive.
 Fourth-The time of the commencement of this corporation shall be the date of the filing of these Articles of Incorporation in the office of the Secretary of Arizona, and the termina- tion thereof shall be twenty-five (2O years thereafter.
 Fifth-T'he affairs of this corporation shall be conducted by a board Of three directors, which may be increased to seven at the option of this board, and the following named shall constitute the board of directors until their successors or others are elected: James Rice, of Los An geles, Cal; Frank N, Rust. of Los Angeles, Cal; Lee Chamberlin, of Los Angeles, Cal. Thereafter the board of directors shall be elect ed from among the stockholders as the bylaws of the corporation may provide.
 Sixth-The highest amount Of indebtedness or liability direct or contingent to which this corporation is at any time subject shall be two hundred and fifty thousand dollars (Sa50, 900 0oO)
 Seventh-The private property of the stock holders of this corporation shall be exempt from corporation debts of any kind whatsoever.
 In witness whereof, we have hereunto set our hands and seals this Sd day of October, A. D. l9o9