Arizona republican., 1905-11-08
ARTICLES OF INCORPORATION Of the Southwestern Shelter Go.

We, whose hands are hereunto affixed hereby associate ourselves together for the purpose of forming a corporation under the laws of the territory of Arizona:
 First: The names of the incorporators and Randolph R. Beam. and the name of the corporation shall be the South western Shelter Co.
 The principal place within the terri tory. of Arizona in which the business of the said corporation is to be trans acted is Phoenix, and the. principal place New York. state of New York. where business may be transacted and where meetings of stockholders and directors Second: The general nature of the business proposed to be transacted is to make contracts. purchase, lease, bond or otherwise acquire, own. exchange, sell or otherwise dispose of, pledge, mortgage, hypothecate and deal in any and ali kinds of real and personal property, in- cludlng bonds and shares of capital stock of other corporations, mines mining claims. oil lands, coal lands mineral lands. oil, gas. coal. shale. petroleum. as bestos. salt, water, water rights and machinery, to erect and operate smelters ana to work, mine. explore, operate and develop the same; to borrow money exc cute notes, bonds, mortgages or deeds of trust to secure the same, and to exercise in respect thereof and of all shares of capital stock and other securities and oblsations any and all rights, powers and privileges of individual owners in- cluding the right to vote any shares of stock held by it to the same extent that natural person might or could do: and Tn general to do all things necessary to the proper conduct of the business of Third: The authorized amount of cap- ltal stock shall be three million G3OoO. O6O dollars, divided into 5000 shares of the par value of one hundred S1OO) dollars each. At such time as the board of directors may by resolution direct, said capital stock shall be paid in, either in 1 hn 1n nra1 or personal property te the said corpora ton for it's uses and purposes. in pay ment for which the shares of the capi- tal stock may be issued and the stock so issued shall thereupon and thereby become and be fully paid and non-assess- aple, ana the Judgment of the directors as TO She value of the property purchased shall be conclusive.
 Fourth: The time of the commence day of October. 1905. and the termination thereof shall be twenty-five years there Fifth: The affairs of this corporation shall be conducted by a board or nor more than three directors for the pres- ent' with the, right to increase the num- ing named shall constitute such board and the officers of the corporation until their successors are elected and quaii- lied: s. l.. Bean. president; Randolph R Beam, Vice-president; Charles F. Preston secretary; Charles F. Preston treasurer Thereafter the board of directors shali
 
 on the 4th day of January in each year sixth: The highest amount of indebt- edness or liability to which this corDora- ton is at any time subject shall be two million (S2OCO.000.) dollars.
 seventh: The private property of the stockholders of this corporation shall be exempt from corporate debts of any kind IN WITNESS WHEREOF. We have hereunto set our hands and seals on this Fist day of Sept, 19O5
 SAMUEL l.. BEAN. (SeaD
 CHARLES F. PRESTON (SeaD
 RANDOLPH R. BEAM (SeaD State of New York.
 County of New York,-ss
 Before me, Cecilia Berstein, a notary public in and for the state and county aforesaid. on this day personally appear ed Samuel l.. Bean, Charles F. Preston. Randolph R. Beam, known to me to be the persons whose names are sub scrfbed to the foregoing instrument and acknowledged to me that they executed the same for this purpose and consider ation therein expressed.
 Given under my hand and seal of office this Fist day of Sept. 1905.
 (SeaD CECILIA BERNSTEIN
 Notary Public.
 County of New York March, 1907
 Filed according to law, Oct. g. 1905.