Daily Arizona silver belt., 1907-10-23

day voluntary associated ourselves to- gether for the purpose of forming a corporation under the laws of the Ter. ritory of Arizona, and for that purpose do hereby adopt the following Articles of Incorporation:
 ARTICLE I.
 The names of the corporators are: Anton Trojanovich, R. J. Devine and J. D. Wick, Jr., all residents of Gila County, Arizona. The name of this corporation is and shall be: THE GLOBE LUMBER COMPANY. The location of the principal place of bus. mess shall be in the City of Globe, Gila County, Arizona.
 ARTICLE II.
 The general nature of the business to be transacted by this corporation is as follows: To do q general wholesale and retail lumber business; to deal in, buy, sell, or otherwise acquire bonds and stocks of this or other corporations; to own, buy, sell or otherwise acquire real estate and personal property; to issue bonds, mortgages, or other obli- gations and secure the same by mort gages or lien on the property of this corporation; and to do and perform all other acts or things necessary or in- cident to the purposes hereinabove set forth.
 ARTICLE III.
 The amount of the capital stock of this corporation shall be One Hundred and Fifty Thousand ($l50, 0,000,00) Dol lars, divided into fifteen hundred (1500) shares of the par value of One Hundred ($l0000) Dollars each, and when issued shall be fully paid in cash, or property of an equivalent cash value, and said stock when issued shall thereafter be non n-assessable.
 ARTICLE ".
 The corporate existence of this cor poration shall commence on the day of the filing of these Articles of Ineorpor- ation in the office of the County Re. eorder of Gila County, Arizona, and a certified copy thereof with the Auditor of this Territory, and shall continue for a period of twenty years thereafter, but its charter rights may be renewed before this charter expires, from time to tmie.
 ARTICLE V.
 The business of this corporation shall be conducted by Board of Directors consisting of not less than three (3) nor more than seven CD, who shall be stockholders in this corporation, to be elected annually at the annual meetings of the stockholders, and the number de. cided upon and elected at any annual election shall constitute the number of Directors for that year. The first an. nual meeting of the stockholders of this corporation shall be on the second Tuesday in January, 1908, and annually thereafter; said meetings shall be held in the City of Globe, Gila County, Ari zona. The Directors and officers named in this charter shall hold their offices until the second Tuesday in January 1908, or until their successors are duly elected and qualified. The following named persons shall be the directors of this corporation until said second Tues day in January, 1908: Anton Trojano vich, R. J. Devine and E. NJ. Hurd The officers of this corporation shall be President, President, Secre tary and Treasurer. All of said officers shall be elected from the Board of Di rectors annually, and the following per sons shall hold their offices respectively until the said second Tuesday in Jan uary, 1908: Anton Trojanovich, Presi dent; R. J. Devine, President; E M. Hurd, Secretary and Treasurer. The incorporators herein named, who are stockholders of this corporation, shall meet as soon as possible and adopt By. Laws for this corporation.
 ARTICLE VT.
 The highest amount of indebtedness direct or contingent, to which this cor. poration shall at any time be subject shall in no case exceed two-thirds" of the amount of its capital stock.
 ARTICLE VII.
 The private property of the stock holders of this corporation shall be ex. empt from all liability for corporate debts of any kind.
 IN WITNESS WHEREOF, we, and each of us. have hereunto set our hands this 18th day of October, A. D. 1907.
 ANTON TROJANOVICH (Seal)
 R. J. DEVINE (Seal)
 J. D. WICK, JR. (Seal)