Arizona republican., 1903-01-20

FEN. s. HILDRETH,
 Register. ARTICLES OF INCORPORATION
 OF THE
 THE SAVANNA MINING COMPANY KNOW ALL MEN BY THESE PRESENTS, That we, whose hands are hereunto affixed, do hereby associate. ourselves together for the purpose of forming a corporation under the laws of the Territory of Arizona, and to that end make the following statement:
 FIRST: The names of the corpora tors are: HUBERT A. SHANKS, MARION D. MERRICK, JOHN J. GEGHAN and ALLEN SMALLEY, and the name of the corporation shall be THE SYLVANIA MINING COM PANY. The principal place in which the business of said corporation within the Territory of Arizona is to be trans acted is Phoenix, Maricopa County, Arizona, and the principal place of business of said corporation outside the Territory of Arizona shall be the City of Harrison, Boone County, in the State of Arkansas, at which meetings of the Board of Directors may be held. and the corporation may have sucli branch offices either within or without the Territory of Arizona as may be es tablished by the Beard of Directors.
 SECOND: Tne 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 O., 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, asbesto3, 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 mercantile business; to own, handle and control letters patent and inven- tions and shares of capital stock Of other corporations; to borrow money and execute notes, bonds, mortgages OF deeds of trust to secure the same, and to exercise 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 it to the same extent that d 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 Ter ritory 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 Two Hundred and Fifty Thousand dollars (s25O. 100000 divided into Two Hundred and Fifty Thousand shares of the par value of One Dollar ($1.0O each. At such time as the Board of Directors may by resolution direct, said capital stock shall be paid into this corpora tion either in cash or by the sale and transfer to it of real or personal prop erty for the uses and purposes of said corporation, in payment for which shares of the capital stock of said COG poration may be issued, and the capital stock so issued shall thereupon ana thereby become and be fully paid up and -assessable, and in the absence of actual fraud in the transaction the judgment of the Directors as to the value of the property purchased shall be conclusive.
 FOURTH. The time of the com mencement 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 terml- nation thereof shall be twenty-five years thereafter.
 FIFTH: The affairs of this corpn- ration shall be conducted by d Board of Four Directors and the following named shall constitute the Board of Directors until their successors are elected:
 Hubert A. Shanks. Marion D. Mer- rick, John J. Geghan and Aller Smalley.
 Thereafter the Board of Directors shall be elected from among the stock holders as the bylaws of the corpora ton may provide. The officers of said corporation until their successors are elected shall be:
 Allen Smalley, President; Marion D. Merrick, Vice-President; John J. Geghan, Secretary; Hubert A. Shanks, Treasurer.
 SIXTH: The highest amount of in- debtedness or liability, direct or contin- gent, to which this corporation is at any time subject shall be One Hundred and Sixty-six Thousand dollars CS166. O0O.OO). 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 hereunto set our hands and seals this 31st day of october, 1902.
 ALLEN SMALLEY. (SeaO
 MARION D. ,NERRICK. CSeaD
 JOHN J. GEGHAN. (SeaD
 HUBERT A. SHANKS. (SeaD State of Ohio.
 County of Lucas, ss.