The Arizona sentinel., 1910-06-02
ARTICLES OF INCORPORATION

KNOW ALL MEN BY THESE PRES | ENTS, That we, the undersigned, have this day associated ourselves together for the purpose of forming cooperation Territory of Arizona, and for that pur- pose do hereby adopt Articles of lncor- poration as follows:
 ARTICLE I.
 The name of this corporation shall be | the Arizona Asbestos Company
 ARTICLE 2. The Drincipal place of tranSacting bus mess or this corporation within the terri tory of Arizona shall be at Yuma, in the | county of Yuma, and in the territory of l Arizona, and the principal place or Arizona, shall be at Chicago, state of H. 1 linoiS, where meetings or stockholders and directors may be held and all busi-
 ARTICLE 3. The general nature of the business pro- | posed to be transacted is to make con- tracts, to purchase, lease, option, locate, or otherwise acquire, own, exchange, sell l or otherwise dispose Of, pledge, mortgage hypothecate and deal in mines, mining lands, timber lands, real estate, water and water rights, and to work, explore, operate and develop the same and to eX- tract any and all minerals, oils and gas therefrom and deal in the products and " plOdGctS thereof, to pur- chase, lease, or otherwise acquire erect, | own, operate, or sell smelling and ore re- duction works, oil refinereS, mills and power plants, and do a general real esua te, manufacturing and mercantile business, to OWn, handle and control let terS patent and inventions, and shares of Us owen capital stock, and that of other corporations, and devote any stock own ed by 1t the same as natural person might do, to issue bonds, notes, deben- lures, and other evidences of indebted ness and to secure the payment of the same by mortgage, deed of trust or Oth- erwSe, to act as agent, trustee, broker, or in any other fiduciary capacity, to borrow and loan money, and in general to do and perform such acts and things and transact such business, not incon- sistent with law in any part of the world as the board of directors may deem to the advantage of the corporation.
 ARTICLE 4.
 The authorized amount of the capital stock of this corporation shall be one million five hundred thousand ($1, 5O0,- 000.00) dollars, divided into one million five hundred thousand Q,500,000) shares of the par value of of one ($1.00) each. At such times as the board of directors may by resolution direct. said capital stock shall be paid into this corporation, either in cash or by the sale and trans fer to it of real or personal property ble right or thing for the uses and pur- poses of said corporation, in payment for which shares of the capital stock Of said corporation may be issued and the capi- tai stock so issued shall thereupon and thereby become and be fully paid up and non -assesSable, and in the absence of ac- LOaI 1rauQ Tn tranSactlOn, the Judgment of the directors as to the value of the property purchased or services rendered shall be conclusive.
 ARTICLE }.
 The time of the commencement of this corporation shall be the date of the fil ing of a certified copy of these articles of incorporation iii the office of the auditor of the territory of Arizona. and the ter imitation thereof shall be twenty-five (25) years thereafter, with privilege Of renewal as provided by law.
 IIN z
 The affairs of this corporation shall be conducted by a board of directors, and the following named shall constitute the board of directors until their seccessors are elected: H. A. Maurer, of Chicago, III, Thos. J. Fish, of Vincennes, Ind, and W. A. Harbison, of Robinson, Illinois, be elected from among the stockholders at the annual stockholders meeting to be held on the first day of July of each year.
 ARTICLE '.
 The board of directors shall have power to adopt and amend bylaws for the gov ernment of the corporation to fill vacan- cies occurring in the board from any cause, and to appoint an executive com mittee and vest said committee with such powers as they may determine.
 ARTICLE s.
 The highest. amount of indebtedness, direct or contingent, to which the cor poration shall be subject at any one time shall be $500 000.00 dollars.
 ARTICLE 9.
 The private property of the stockhold- CTS and officers of this corporation shall be exempt from all corporate debts of any kind and character whatsoever.
 In Witness whereof, We have hereun- to set our hands and seals this 12th day of April, 1910.
 (SeaD H. A. MAURER (SeaD HARRY C. ADAMS -(SeaD THOS. J. FISH (SeaD BIRNEY H. FISH (Seal( ADOLPH H. KRUSE (SeaD. W A. HARRISON State of Indiana, County of Knox, ss: public, in and for said county and state, on ths day personally appeared H. A. Maurer, Harry c. Adams, Thos J. Fish, Birney H. Fish, AdolDh H. KruSe and W A. Harbison to me known to be the persons who subscribed to the foregoing instrument, and acknowledged to me that they executed the same for the purposes and considerations, therein eX pressed.
 Given under my hand and seal of of flee this 18th day of April, A. D., 1910 qse {seeaS 5 A"g A. l1lfi IfNcoLN HARRISON,
 Notary Public Territory of Arizona,
 County of Yuma, ss:
 ], J. M. Polhamus, County Recorder, in and for the county and territory afore- ing is a true, full and correct copy of the Articles of Incorporation of the Arizona Asbestos Company, as filed for. record 3 of Articles of Incorporation at Page PIT ct seq, records of Yuma county, Arizona Territory.
 In witness whereof, I have hereunto set my hand and seal of office this 20th day (SeaD J. NJ. POLHAMUS,
 County Recorder. First Publication, Thursday, April 28.