Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-03-05
ARTICLES OF INCORPORATION.
al me
Pioneer Lumber Company.


Pioneer Lumber Company.
Know all men by these presents:
That we, the undersigned have this
day voluntarily associated ourselves
together for the purpose of forming
corporation under the laws of the Ter
ritory OF Arizona and we hereby certi-
fy:
Article |.
The names of the incorporators are
l.. j. Overlook, Fred Colman and J.
r. Henderson, all or Bi5bee, Arizona;
the name of the corporation shall be
the Pioneer Lumber Company and
the principal place for the transaction
of it's corporate business shall be at
Bisbee, Arizona.
Article II.
The general nature of the business
proposed TO be transacted by the cor
poration is as follows: to buy, sell
and deal in timber, lumber, brick,
stone and building material of every
kind and description; to buy, sell
and deal in merchandise and
personal property Of all kinds;
to purchase, lease OF other
wise acquire real estate, timber
rights, water rights and deposits of
gypsum and clay; to purchase, lease
or otherwise acquire and operate
plants, machinery and appliances in
cident to the business sfo-esaid; tC
subscribe for, purchase, hold, sell, as
sign or otherwise dispose of the
shares OF stock of other corporations;
to construct buildings and improve
81 oil Ii d@ INxr
otherwise, and in general tosdo ana
perform all acts and things necessary
or incidentto the business aforesaid.
TO- Article III.
The amount of the capital stock of
this corporation shall be One Hun
bred Thousand Dollars (S100, G00.00)
divided into one thousand q 000'
shares of the par value of One nun
bred Dollars ($1O000) each, witch
capital stock shall be paid in and is
sued under the direction of the Board
of Directors, and shall be payable in
money, labor, property, services or
any other valuable right or thing UP
on call OF the Board of Directors and
the judgment of the board of directors
as to the value of such property, labor
and services shall, in the absence OF
fraud, be conclusive.
Article w.
The time of the commencement of
said corporation shall be Immediately
upon the filing of certified copy Of
these articles in the Office OF the
auditor of the, Territory OF Arizoua
and such existence shall continue for
a period of twenty-five (25) years
thereafter.
Article ".
The affairs of said CORPORATION shall
be conducted by board Of not less
than three and no more. than five az
rectors who shall be elected at the
annual meeting of the stockholders
on the second Tuesday of January in
each year, and the members If the
Board of Directors for the ensuing
year and until their successors are
elected are L. j. Overlook, Fred Col
man and J. r. Henderson. AT any an
nuaI meeting OK the stockholders or
special meeting called for that pur-
pose the number of directors may be
increased to five, and two additional
directors Shall thereupon be elected
at such meeting. The officers of said
corporation shall be President,
Vice-President, Secretary, Treasurer
and Business Manager; provided,
however, that one person may hold
any two of said offices. Every direc-
tor shall be a stockholoer, and any
director ceasing to be a stakeholder
shall cease to be a director, and the
Board Of Directors shall have power
to fill vacancies therein.
Article VI.
The Board OF Directors snail have
the power to adopt, alter and amend
the bylaws Of the corporation.
Article VII.
Tie highest Amount of indebted
ness or liability to which the corpora
ton at any time is to subject Itself
is Fifty Thousand Dollars (S50, 00e.00)
and at no time shall exceed two
thirds OF the capital stock issued and
outstanding.
Article VIII.
The private property Of the stock
holders of the corporation shall be
cxampt from liability for corporate
debts.
IN witness whereof: We have here
unto set our hands and seals the 18th
day Of February, 1908.
LIZ. OVERLOOK, (SeaD
FRED COLMAN, (SeaD
J. r. HENDERSON, (SeaD
Territory of Arizona,
County of Cochise IS.
Before me. Charles r. Morfoot,
Notary Public in and Tor the County
of. Cochise, Territory Of Arizona, on
this day personally appeared J.. J.
Overlook, Fred Colman and ]. r. Hen
derson. known to me to be the per-
sons whose names are subscribed to
the foregoing Instrument, and ac-
kpowledged to me that they executed
the same for the purpose and CONSTR
GRAFTON therein expressed.
Given under my hand and seal of
office. this 18th day Of February.
1908.
My commission expires, January
10th, 1912.
(seal9 CHARLES R. MoRFooT,
Notary Public.
Filed and recorded in tae Office OF
the county recorder of Cochise Coun-
ty, Territory of Arizona, on the 18th
day of February, 1908, and in the
Office of the territorial auditor at
Phoenix Arizona. on the 24th day Of
February, 1908
First publication March 3, 1908.