Arizona silver belt. [volume] (Globe City, Pinal County, Ariz.) 1878-19??, 1905-09-07
ARTICLES OF INCORPORATION
NJ Gibson Lumber Company.

to"' and Anton Trojanovich of the Tow
SGcinb, County of ella and Territory
q! ,rizoua. do hereby associate our
'l together for the purpose OF
S',,.,rc a corporation under the laws
I'm Territory of Arizona, and to this
Q, we do hereby declare and adopi
,br following articles OF incorporation
wv FrICLE |. The names of the incor
,,r,rors are $. l.. Gibson, VIM. Hen.
Io.son and Anton Trojanovich tn,
,,p. of this corporation shall be and Is
E,G.on Lumber CO., and the principal
'I,.,. of transacting the business OF
pa;l ,orporation shall be and is at the
T',,r of Globe, County of ella and
ryrritnry of Arizona. Provided how
'r... that branch offices may be estab-
E'E,I at such other places as may be
J.gmed necessary or convenient, at
,,birh branch offices, when so estab-
Tsbed. such business may be trans
arr,I by the officers, agents and en-
,f,,ss of this corporation as shall not
T., m conflict with the laws of the
Territory of Arizona or such bylaws
as NAV hereafter be adopted.
ARTICLE 1.-THE general nature OF
fine business proposed to be transacted
Shall be and is the establishment and
r,gintanance of a wholesale and retail
mmhtr business, and to this end to Sc
,ur,, bv purchase or otherwise and
hereafter own and hold any and all
land. and buildings necessary or con
yrnlrnt for the carrying on of whole
s,L, and retail lumber business, To ac-
,,llrr by purchase or otherwise, and
hereafter own and hold any and all
lands. growing timber, saw mills and
an appliances and machinery herewith
connected: to construct and lawfully
npcrate toll roads leading to and from
any lands or sawmills owned or oper-
atrd bv this corporations; to secure IN
manner provided by law, water and
water rights on the public lands OF the
limited 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 curl
ties as may be authorized at any r. sa-
lar or special meeting of the beard 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 a 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 (S25, 100000 divided into two hun
drcd and fifty shares of the par value
of one Hundred, (Sl000O 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-
yiied 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-
tisiOn in 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
ella County, Territory of Arizona, pro-
yided that certified copy thereof shall
be lied 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
p0ration shall be conducted by board
Of three directors elected annually by
and from among the stockholders here
ln The first annual meeting of stock
holders for this purpose and for the
transaction of such other business as
may properly come before it, 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
from among the members composing
such board president, a vice presl-
dent, secretary, a treasurer and a
general manager. Until such board of
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-
alton, viz: Anton Trojanovich, presi-
dent and general manager; 5. l.. Glib
SON, 5rcrctary and vice president; VIM.
Henderson, treasurer. Until their sue
&c 1rs 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
ers and duties while so acting as the
board of directors and officers of this
corporation shall include the adoption
OF corporate seal and the afiixing
thereof to any stock certificates or
other Instruments in writing, which
may bo issued by them under the pow
crs herein conferred, as well as the
adoption Of all necessary bylaws for
llo internal conduct and management
OIL lnn affairs of this corporation.
AETICLE Vl.-The highest amount of
md.1tedness or liability to which this
COR orallon shall at any time subject
itself is the sum of ten thousand dol
lar