Arizona silver belt., 1905-09-21
ARTICLES OF INCORPORATION
Of Gibson Lumber Company.

hat we. S l.. Gibson, Wm. Tender
 nn and Anton Trojanovich of the Towi af GIobe County of Gila and Territory
 ,f Arizona, do hereby associate our
 .alyes together for the purpose o
 forminp corporation under the law.
 ,f inc Territory of Arizona, and to this crd we do hereby declare and adopt ,bp following articles of incorporation
 ARTICLE I.-The names of the incor. rorators are s. l.. Gibson, Wm. Hen. IsrSon and Anton rrojanovich' tn, 19mc of this corporation shall be and is Gihson Lumber Co.,, and the principa rlgre of transacting the business of sad corporation shall be and is at the Town of Globe, County of Gila and Territory of Arizona. Provided how ever that branch offices may be estab- Eshed at such other places as may be deemed necessary or convenient, at ,ybich branch offices. when so estab- bsned, such business may be trans acted by the officers, agents and em- rlpyes of this corporation as shall not 5e in conflict with the laws of the Territory of Arizona or such bylaws AS may hereafter be adopted.
 ARTICLE II. The general nature of the business proposed to be transacted shall be and is the establishment and maintenance of wholesale and retail hmber business. and to this end to se- cure by purchase or otherwise and thereafter own and hold any and all lands and buildings necessary or con yenient for the carrying on of whole sale and retail lumber business; to ac- pIire by purchase or otherwise, and thereafter own and hold any and all lands, growing timber, saw mills and all appliances and machinery herewith connected; to construct and lawfully operate toll roads leading to and from any lands or sawmills owned or oper- ated by this corporation: to secure m manner provided by law, water and water rights on the public lands of the United States, and conserve and use the same for any purpose necessary or convenient in the furtherance of any of the purposes for which this corporation is organized; to borrow money and con tract debts or other obligations within the limits prescribed in these articles of incorporation; in such manner and upon such terms and upon such sgeurl- ties as may be authorized at any rsgu- lar or special meeting of the board of directors; to deal in and acquire by purchase or otherwise, the stocks, bonds, debentures property and assets issued or owned by any other corpora ton or individual, and in general to do and perform any and all acts and things necessary or convenient to be done or performed in and about the business of carrying on wholesale and retail lumber business.
 ARTICLE III. The authorized capital stock of this corporation shall be and is the sum of Twenty Five Thousand Dol lars 1925, GOO. 00) divided into two hun dred and fifty shares of the par value of One Hundred, (Sl00.00 Dollars each share. Each share of stock when is- sued shall be fully paid for in cash or its equivalent, and when so issued shall be thereafter non assessable, pro yided that the board of directors shall have the power to fix the value of all property which may be exchanged for stock in this corporation, and its de cision m this respect shall be final.
 ARTICLE IV-The time of commence ment of this corporation shall be the date when these articles shall be filed in the office of the County Recorder of Gila County. Territory of Arizona, pro yided that a certified copy thereof shall be filed in the office of the Auditor of said Territory and publication of said articles had, and affidavit thereof filed in manner required by law. The time of the termination of this corporation shall be twenty-five years from and after the date of filing of said articles in the office of the Territorial Auditor
 ARTICLE V-The affairs of this cor poration shall be conducted by board of three directors elected annually by and from among the stockholders here n. The first annual meeting of stock holders for this purpose and for the transaction of such other business as may properly come before 1t, shall be held on the second Monday of March, 1906, and such meetings shall thereaf- ter be held on the same day of each succeeding year. The affairs of this corporation shall be conducted by a board of three directors who shall elect from among the members composing such board a president, a vice presi- dent, a secretary, a treasurer and general manager. OIlu SuCl Dpdiu VI directors shall have been elected the following named persons, who are also herein designated as the following nam ed officers, shall constitute the board of directors and officers of this corpor- atioH, viz: Anton Trojanovich, presi- dent and general manager; $. l.. Glib son, secretary and vice president; Wm. Henderson, treasurer. Until their sue ccssors shall have been elected and qualified, such officers shall have and they are hereby given full power to do and perform any and all duties usually connected with like offices, which pow CTS and duties while so acting as the board of directors and officers of this corporation shall include the adoption of a corporate seal and the afIixing thereof to any stock certificates or other instruments in writing, which may be issued by them under the pow CTS herein conferred, as well as the adoption of all necessary bylaws for the internal conduct and management of Jne affairs of this corporation.
 ARTICLE VI. The highest amount of indebtedness or liability to which this corporation shall at any time subject itself IS the sum of ten thousand dol lars.