Arizona silver belt. [volume] (Globe City, Pinal County, Ariz.) 1878-19??, 1905-08-31
ARTICLES OF INCORPORATION
of Gibson Lumber Company.

,f Globe. County OF ella and Territor,
,f Arizona. do hereby associate our
,shrs together for the purpose o
coming a corporation under the law,
,f fhe Territory of Arizona, and to thi,
.rg we do hereby declare and adop
,br following articles of incorporation
NRTlCLE The names of the incor
rorators are :. l.. Gibson, VIM. Hen
larson and Anton Trojanovich. tn,
name of this corporation shall be and is
Gibson Lumber Co., and the prlncipa
Mace of transacting the business OF
sa.I corporation shall be and is at the
Town of Globe, County of ella ana
Territory of Arizona. Provided how
ever that branch offices may be estab-
Isbrd at such other places as may be
deemed necessary or convenient, at
which branch offices, when SO estab-
Eshgl such business may be trans
,rfrl by the officers, agents and EN-
moves of this corporation as shall not
h. m conflict with the laws of the
Territory of Arizona or such bylaws
As may hereafter be adopted.
AgTICLE 1.-THE general nature of
the business proposed To be transacted
sAaI bc and is the establishment and
maintenance of wholesale and retail
mmber business, and to this end to Sc
cure by purchase or otherwise and
thereafter own and hold any and all
lands and buildings necessary or con-
yruI,nt for the carrying on of whole
sal. and retail lumber business: to ac-
gu.re by purchase or otherwise, and
thereafter own and hold any and all
lands. growing timber, saw mills and
AL auuiances and machinery Herewith
connected: to construct and lawfully
.npgra.e toll roads leading to and from
ans lands or sawmills owned or oper-
at,d Dy this corporation; to secure IN
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 urLaniZed; to borrow money and con-
usc. debts or other obligations within
the limits prescribed in these articles
u. corporation; in such manner and
upon such terms and upon such securi-
tbs as may be authorized at any regu-
lar ur 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
u1r 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
me sum of Twenty Five Thousand Dol
lars $50, OOO. O0) divided into two hun
Ir.t and fifty shares of the par value
of one Hundred, (SlOO COZ Dollars each
share. Each share of stock when is
sued shall be fully paid for in cash or
is Equivalent. and when so issued
shall. be thereafter non asSeSSable, pro
yrI.i 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-
gsUu in this respect shall be final.
ARTICLE IV-The time of commence
wng of this corporation shall be the
date when these articles shall be filed
.n the office of the County Recorder of
ella County, Territory of Arizona, pro-
vdad that u certified copy thereof shall
b. filed in the office of the Auditor of
said Territory and publication of said
ARTICLES had, and affidavit thereof filed
U manner required by law. The time
o. the termination of this corporation
sha0 De twenty-five years from and
after the date of filing of said articles
90 the office Of the Territorial Auditor
ARTICLE V-The affairs of this cor
p0ratlJn shall be conducted by board
VI three directors elected annually by
and rom among the stockholders here
10. The first annual meeting of stock
holders for this purpose and for the
Of such other business as
mas properly come before it, shall be
held Dn the second Monday of March,
.tl6. and such meetings shall thereaf-
ter Doe 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 Il president, a vice presi-
dent, q secretary, a treasurer and a
general manager. Until such board of
...An nilGlll litlNt bNNii NiNNNth bAit
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; S. l.. Glib
Son. secretary and vice president; VIM.
Henderson, treasurer Until their sue
ces-ors 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
.rs and duties while so acting as the
board Of directors and officers of this
corporation shall include the adoption
of q eorporate seal and the affixing
uer.p. to any stock certificates or
other Instruments in writing, which
may be issued by them under the pow
eH herein conferred, as well as the
adoption Of all necessary bylaws for
.1r internal conduct and management
OF the 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.
ATICLE VII.-Private property of
stockholders in this corporation shall be