The Arizona sentinel., 1910-07-28
ARTICLES OF INCORPORATION

KNOW AL MEN BY THESE PRES ENTS, That we, the undersigned have } this day associated ourselves together ' for the purpose of forming corpcT atiou under and pursuant to the laws of the Territory of Arizona, and for that pur- pose do hereby adopt Articles of Incor- poration as follows:
 ARTICLE I.
 The name of this corporation shall be the Arizona Asbestos Company
 The principal place of transacting bus mess of 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 of Arizona, shall be at Chicago, state of H. linois, where meetings of 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- 1 tracts to purchase lease, option, locate or otherwise acquire, own, exchange, sell l or otherwise dispose of, pledge, mortgage l lypothecate and deal in mlneS mining i claims mineral lands, coal lands, oil | lands, timber lands, real estate water l operate and develop the same, and to cX- 1 tract any and all minerals, oils and gas there1rom ana zeal m the products and
 products thereof, to pul i chase, lease, or otherwise acquire, erect, own, operate, or sell snelting and ore re- GuctiOn works, oil refineiies saW-miIls l and power plants, and do general real 1 estate manufacturing and mercantile ] business, to own, handle and control let 1 terS patent and inventions, and shares of | IS o"cn capital stock, and that of other corporations, and devote any stock own 1 ed by It the same as a natural person might do, to issue bondS notes, deben- ! tuIeS and other evidences of indebted ness and to secure the payment of the same by mortgage, deed of trust. oth- erWlSe, 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 jaw 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,- 000.0Ql dollars, divided into one million i've hundred thousand U,500 000) shares or the par value of of one (S1.00) 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 contracts, services. or any other valua- 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 cap- tai stock so issued shall thereupon and thereby become and be fully paid up and non-assesSable, and in the absence of ac- tuat fraud Tn 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 fil- Incorporation in the office of the auditor of the territory of Arizona; and the ter2 imitation mn thereof shall be twenty-five (25l- years thereafter, with privilege of renewal as provided by law.
 ARTICLE 6.
 The affairs of this corpora ton shall be conducted by board Of directors, and the following named shall constitute the board of directors until their successors are elected: H.. A. Maurer, of Chicago, l H., 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.
 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 ill the board from any 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 poratf5n shall be subject at any one time l shall be $500, 000.00 dollars
 ARTICLE 9. The private property of the Stockhold- l CTS and officers of this corporation shall l be exempt from all corporate debts of | any kind and character Wha atsoever. In Witness whereof, We have hereun- to set our hands and seals this 12th day 1 of April, 1910.
 (SeaD H. A. MAURER (SeaD HARRY C. ADAMS (SeaD THOS l. FISH
 (SeaD BlRNEY H FISH. (Seai( ADOLPH IT. KRUSE ISeaD w. A. HARRISON State of Indiana, County of Knox, ss:
 Before me, the undersigned, a notary public, in and for said county and state, Maurer, Harry c. Adams, Thos J. Fish, l Birney Fl. Fish, Adolph H. Kruse and l 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 and considerations, therein ex- pressed. Given under my hand and seal of of- flee this 12th day of April, A. D., 1910.
 My c0mmission will expire on the 9th dsy dsyof of May; 19l2 $,,co, .
 u Notary Public 1
 County of Yuma,
 l, J: NJ Polhamus. County Recorder, in and for the county and territory afore- said do hereby certify that the forego- 1 ing is a true, full and correct copy of the Articles of Incorporation of the Arizona Asbestos Company, as filed for record fin my office or the goth ,ay of April A. D., 1910 as appears of record book , of Articles of Incorporation at Page 2ll ct seq: records of Yuma county, In witness whereof. have hereunto set my hand and seal of office this goth day l 9f 9faARP April A. D. 1910.
 First Publication, Thursday, April 28.