The Arizona sentinel., 1910-06-23
ARTICLES OF INCORPORATION


 KNOW ALL MEN BY THESE PRES ENTS, That we, the undersigned, have this day associated ourselves together 1 for the purpose of forming a corpCi ation | under and pursuant to the laws of the Territory of Arizona, and for that pur- pose do hereby adopt Articles of Incor-
 ARTICLE I.
 The name of this corporation shall be the Arizona Asbestos Company
 ARTICLE 2.
 The principal 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 | Arizona, and the principal place or places of transacting business outside uf Arizona, shall be at Chicago, state of H. | linOis, where meetings Of stockholders and directors may be held and all busi-
 ARTICLE B. 1 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 | hypothecate and deal in mines, mining | claims, mineral lands, coal lands, oil | 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 products thereof, to pun | chase, lease, or otherwise acquire, erect, own, operate, or sell smelling and ore re- ] QuCtiOn WOlkS, oil reIl0eflGS, SaW-m1llS and power plants, and do a. general real | estate, manufacturing and mercantile | business, to own, handle and control let 1 terS patent and inventions, and shares of Ls owen capital stock, and that of other | corporations, and devote any stock own | ed by 1t the same as natural person might ao, to issue DonQs, notes, d9ben- lures, and other evidences of indebted ness and to secure the payment of the same by mortgage, deed Of trust, or oth- elNNiSe, to act as agent, trustee, broker, | nT fO borrow and loan money, and Tn 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 i. The authorized amount of the capital stock Of this corporation shall be one million five hundred thousand ($1,500, five hundred thousand Q,50O,000 shares of the par value Of of one ($1.60) each. At such times as the board of directors may by resolution direct, said capital 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 fer 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- tual fraud in transaction, 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 fiI- ing of certified copy of these articles of incorporation in the office of the auditor of the territory of Arizona, and the ter imitation thereof shall be twenty-five (z5) years thereafter, with privilege Of renewal as provided by law.
 I.EN e
 The affairs of this corporation shall be conducted by board of directors, and the following named shall constitute the board of directors until their seccessors are elected: H. A. Maurer, of Chicago, Ill., ThOs. J. Fish, of Vincennes, Ind and w. A. Harbison, of Robinson, Illinois, Thereafter the board of directors shall be elected from among the stockholders at the annual stockholders meeting to be held on the first day of July of each year.
 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 porati on shall be subject at any one time shall be $500, 00000 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- of April, 1910.
 | (SeaD H. A. MAURER (SeaD HARRY c; ADAMS (SeaD TEIOS. J. FISH (SeaD BIRNEY II. FISH (SeaI( ATOLPH H. KRUSE lSeaD W. A. HARRISON State of Indiana, County of Knox, ss:
 Before me- the undersigned, a notary public, in and for saiidscounty and state, Maurer, Harry C. Adkins, Thos J. Fish, | Birney H. Fish, AdOlDh H. Kruse and w. A. Harbison to me known to be the l instrument and acknowledged to me 1 that they executed the same for the purposes and considerations, therein ex- Given under my hand and seal of of | flee this 12th day of April A. D., 1910. My commission will expire on the 5th (SeaD A. LINCOLN HARRISON, l Notary Public 1 Territory of Arizona,
 County of Yuma, SS:
 I, J. M. Polhamus County Recorder, in and for the county and territory afOrc- said do hereby certify that the forego- Articles of Incorporation of the Arizona | Asbestos Company, as filed for record in my office on the goth cay of April, A. D., 1910, as appears of record II book 3 of Articles of Incorporation at Page PIT ct sea-, records of Yuma county Arizona Territory.
 | In witness whereof, I have hereunto set my hand and seal of office this 20th day 1 of April, A. D., 1910.
 | (SeaD J. NJ. POLHAMJS l County Recorder. First Publication, Thursday, April 2S.