Bisbee daily review., 1908-03-03
ARTICLES OF INCORPORATION.
of the
Pioneer Lumber Company.

uf Inc
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 a
corporation under the laws of the Ter
ritory of Arizona and we hereby certi-
fly:
Article !.
The names of the incorporators are
L. ]. Overlook, Fred Colman and j.
Z. Henderson, all OF Bisbee, Arizona;
| the name of tne corporation shall be
the Pioneer Lumber Company and
the principal place for the transaction
of its 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 or 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 aforesaid; to
subscribe for, purchase, hold, sell, as
sign or otherwise dispose of the
shares OF stock of other corporations.
to construct buildings and improve
melts of all kinds by contract or
otherwise, and in general to do ana
perform all acts and things necessary
or incident to the business aforesaid.
Article I'll.
The amount of the capital stock Of
this corporation shall be One Hum
dred Thousand Dollars (S100,0 00.00)
divided into one thousand (l,00jl
| shares of the par value of One nun,
bred Dollars (S1O000) each, wlicn
| 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 W.
on call or 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 ~.
The time of the commencement Of
said corporation shall be Immediately
upon the filing of a certified copy nf
these articles ip the office of the
auditor of the Territory of Arizoua
and such existence shall continue for
period of twenty-five (25) years
| thereafter.
Article v.
The affairs of said CORPORATION shall
be conducted by a board Of not less
than three and no more than five d.
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 tia ensuing
year and until thei- successors are
elected are L. J. Overlook, Fred Col
man and J. r. Henderson. at any an
nual meeting OF 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 a 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 stakeholder, and any
| director ceasing to be a stockholder
shall cease to be a director. and the
Board of Directors shall have power
to i'll 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 $3.50, 000.00)
and at no time shall exceed two
thirds OF the capital stock issued snd
outstanding.
Article VII.
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, 1905.
L. ]. OVERLOOK, (Seall
FRED GOLDMAN, (SeaD
]. r. HENDERSON, (SeaD
Territory of Arizona,
County of Cochise Iss.
, Before me, Charles r. Morfoot, a
Notary Public in and for the Cousty
OF Cochise, Territory Of Arizona, on
this day personally appeared L. ].
Overlook, Fred Colman and ]. r. Hen
de-son, known to me to be the per-
sons whose names are subscribed to
the foregoing instrument. and ac-
knowledged 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
/ fSeaI.p CHARLES R. MORFooT.
Notary Pubic.
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 tha
Office of the territorial auditor at
Phoenix Arizona. on the oath day u
February, 1908.
First publication March 8. 1908.
| a1t., S~.,,,,. haIa1ce