Williams news., 1909-01-30
ARTICLES OF INCORPORATION
The Pacific Italian Marble
 Company

KNOW ALL MEN BY THESE PRESENTS: That we, whose hands are hereuntO affixed, do hereby associate ourselves together for the purpose of forming corporation under the laws of the Territory of Arizona, and, for that purpose, do adopt the following charter: First-The name of the corporation shall be THE PACIFIC ITALIAN MARBLE COMPANY.
 Second-The names of the incorporators are
 H. P. Durrell, E. P Dargin and Alfred R. White.
 Third-The place in which the business of the corporation within the Territory of Ari- zona is to be transacted is Flagstaff, Coconino County, Arizona, and the principal places of business outside of the Territory of Arizona are: Cincinnati, State of Ohio; and Los Angeles, State of California, and in such other places and in such states as the board of directors may establish, at which place or places all incor-
 porators stockholders and directors meetings may be held and all corporate business trans acted; and the corporation may have such
 branch offices in the Territory of Arizona and ill such other states and territories and in Amer ican possessions and foreign countries may
 be established by the Board of Directors
 Fourth-The objects for which the corpora tor is formed are:
 To explore, develop and work marble, onyx,
 mica and other deposits of stone or ores To acquire, own, lease. occupy, or devel- op any lands containing marble, onyx, mica, oil coal, iron, copper, or other ores, and any wood or agricultural lands for the of the company.
 i To quarry, mine, or otherwise to extract or
 remove, stone, coal, oil, iron. copper other
 ores and timber from any lands owned, i quired, leased or occupied by the company. or 1 from any other lands.
 1 To buy sell, or otherwise to deal in or traffic
 in marble, onyx. mica and stone, coal wood, agricultural products or ores and other ma 1 terials and in any of the products thereof. To build, purchase, or otherwise acquire and
 operate, mills or finishing plants for saving, i shaping and polishing marble, onyx, or other ! stone.
 | In general, to purchase, lease, bond. locate or | otherwise acquire, own, exchange, sell or ! otherwise dispose of, pledge mortgage, hypoth-
 ecate and deal in real estate, and in any and
 all kinds of personal property mines, mining
 claims, oil lands, mineral lands, oil. gas, coal
 and coal lands, asphaltum, petroleum, marble,
 onyx, stone and quarres of any and all kinds, water and water rights: to establish electric | power plants and transmission lines, telephone | lines, wharves, breakwaters, docks and dock
 privileges and for the use of the company to
 build and operate railroads, tramways, wagon
 roads and rights-of-way from the points of work | to nearest common shipping points; to build
 machinery, to own and operate steamships,
 sailing vessels, tugs lighters and boats of all classes.
 To do general real estate, manufacturing
 and mercantile business; to own, handle and
 control letters patent and Inventions, and
 shares of capital stock bonds in other cor | porations, to borrow money and execute notes,
 bonds, mortgages deeds of trust to secure
 same, and to exercise in respect of all such | bonds, mortgages, notes, shares of capital stock
 and other securities and obligations and all rights, powers and privileges of individual
 owners thereof, including the right to vote
 upon any shares of stock held by it to the same extent that natural person might or could do:
 and in general to do all things necessary to the proper conduct of the business of this corpora
 tion in the Territory of Arizona and elsewhere,
 not inconsistent with the laws of the United
 States and the Territory of Arizona, Fifth The authorized amount of capital
 stock of this corporation shall be Two Million Dollars (s2,0OO0O0) divided into Twenty Thou
 sand (20,000) shares of par value of One Hun dred (S100) Dollars each.
 The Board of Directors may cause such capi-
 tai stock or any part thereof to be subscribed or paid for in cash in the purchase or exchange
 or transfer of real or personal property, or for services rendered. and issue, or cause to be
 issued, any part or all of the capital stock as required, at any time from time to time, and
 when so issued it shall be fully paid and non- assessable, and in the absence of fraud in the ! transa cton, the judgment of the Board of
 Directors as to the value of the property pur- chased or transferred, or exchanged, or serv ices rendered shall be conclusive.
 Sixth-The time of the commencement of this corporation shall be the date of the filing of these Articles of Incorporation in the office of the County Recorder of Coconino County, Ter rtory of Arizona, and the termination thereof shall be twenty-five years thereafter. Seventh-The affairs of this corporation shall be conducted by a Board of seven Directors who shall be elected annually by the stock holders and the following named shall consti- ute the Board of Directors until their success ors are elected:
 H: P. Durrell E. P. Dargin, Alfred R. White, Philip McDonough, w. c. Hattersley, c. c. Weber and S. s. Kingery
 Eighth-The first annual meeting of the stockholders shall be held the third Monday in February, 1909, at Cincinnati, Ohio, and on such dates and at such places as may be decided on by the Board of Directors for each succeed ! ing year thereafter. Ninth-The highest amount of indebtedness, | or liability, direct or contingent, to which this 1 corporation is at any time subject, shall not be to exceed two-thirds of its capital stock. Tenth-Fhe private property of the stock | holders of this corporation shall be exempt 1, from corporate debts Of any kind whatsoever.
 Eleventh-Among the powers of this corpora | tion shall be: (a) To have perpetual success 7 sion. (b) To sue and be sued by the corporate ! name. (cl To have common seal and alter same at pleasure. (d) To render shares or in- | terests of stockholders transferable and pre- scribe the mode of making such transfers. l te) To exempt the private property of members | from liability for corporate debts. D To make contracts acquire and transfer property pos sessing the powers in such respects | private individuals now enjoy. (g) To | mortgage all or any part of it's property and | other evidences of indebtedness. (h) To estab- fish bylaws and make rules and regulations