Arizona republican., 1903-10-09

III tHe Sldle Ol MlcHlSdn, al WHICH place meetings of the Board of Direc- tors may be held. and the corporation may have such branch offices either within or without the Territory of Ari- zona as may be established by the Board of Directors.
 Second The general nature of the business proposed to be transacted by the corporation is as follows, to-wit: To purchase. lease, bond, locate or otherwise acquire, own. exchange, sell or otherwise dispose of. pledge, mort gage, hypothecate and deal in any and all kinds of personal property. mines, mining claims, oil lands, min eral lands, oil, gas, asphaltum, petroleum. water and water rights and machinery, and to work, mine. explore. operate and de- velop the same. To do general merchantile business; to own. handle and control letters patent and inven- tions and shares of stock of other cor porations: to borrow money and exc cute notes, bonds, mortgages or deed of trust to other securities and obli- cations, and any and all rights. powers, and privileges oi individual owners thereof, including the right to [ vote upon any shares of stock held by 1t to the same SXtGHl lUdl d person could or might do; and in gen eral to do all things necessary to the proper conduct of this corporation in the Territory and elsewhere, not in- consistent with the laws of the United States or the Territory of Arizona.
 Third The authorized amount Of capital stock of this corporation shall be one million dollars $1,000, ,0OO) divid- ed into shares of the par value of one dollar ($1.) each. At such time as the Board of Directors shall by resolution direct, said capital shall be paid into this corporation, either in cash or by the sale and transfer to it. for the use and purpose Of said corporation, of such real or personal property and at such valuation as the Board of Di- rectors may determine; whereupon cer- | tificates of stock may be issued, and l the capital stock so issued shall there upon and thereby become and be fully paid and non-assessa ble, and in the absence of actual fraud in the trans action the judgment of the Board of | Directors as to the value of the property so purchased shall be con- elusive.
 Fourth. The time of the commence | ment of this corpora tion shall be the
  1 poration in the office of the auditor of l Arizona, and the termination thereof shall be twenty-five years thereafter.
 Fifth. The affairs of this corpora tion shall be conducted by board of not less than five or more than ten di-
 rectors who shall be elected at the annual stockholders meeting to be held
 the second Monday in January of each | year and in such manner shall be prescribed by the Bylaws, and when
 elected they shall hold office until their l successors are elected. Jonathan A. Zahn. William Johnston, Jay J. Del-
 bridge Luther P. Holt and Wm. J. R. 1 Johnston shall constitute said board of | dire ctors from date hereof and shall , constitute said board until the next ] annual meeting of stockholders or until l their successors are elected and quali- | fled.
 | Sixth. The highest amount of in | debtedness CT liability direct or contin- gent to which this corporation shall
 at any time subject itself is two hun dred thousand dollars ($20O.00O). | Seventh. The private property of the | stockholders of this corporation shall l be exempt from corporate debts of any 1 kind whatsoever.
 | In witness whereof, we have here 1 unto set our hands and seals this tenth day of September A. D., 1903 Jonathan A. Zahn, (SeaD
 William Johnston. (Seal) Jay J. Delbridge, (SealC | Luther F. Holt (Seal) Wm. J. R. Johnston. (Seal) i State of Michigan,
 l County of Wayne. ss: i On this tenth day of September, A. | D., 1903, before me, Adolphus w. Wier. | a Notary Public in and for the State and County aforesaid, residing therein. duly commissioned and sworn, person. ally appeared Jonathan A. Zahn. Will | liam Johnston, Luther P. Holt Jay J. Delbridge, and William J. R. Johnston. 1 known to me to be the persons whose | names are subscribed to the within in strument and who severally acknowl-
 edged that they signed and executed l the foregoing Articles Of Incorporation 1 for the uses and purposes therein ex- pressed.
 In witness whereof I have hereunto | set my hand and affixed my official seal, at my office in the State and
 County aforesaid. the day and year l last above written.
 1 (Notary Seal.)
 ADOLPHUS w. WEIR, l Notary Public. Wayne Co.. Mich. l Commission expires July 10. 1906. | State of Michigan,
 l County of Wayne, ss: NOTARIAL JURAT. | I. William H. McGregor. Clerk of said County, and Clerk of the Circuit l Court for the County of Wayne, which is court of record having a seal. do hereby certify, that Adolph W. Wier
 whose name is subscribed to the Jurat
 of the annexed instrument, and there 1 in written, was. at the time of taking l such Jurat, a Notary Public in and for | said County, duly commissioned and
 qualified, and duly authorized to take