The Arizona sentinel., 1910-11-17

m VT fiNSSiT KNOW AL MEN BY THESE PRES ENTS, That we, the undersigned, have this uay associated ourselves together Tor the purpose of forming corpC, ation Territory ot Arizona, and for that pur- pose do hereby adopt Articles of Incor-
 ARTICLE 1.
 The name or this corporation shall be the Arizona Asbestos Company
 ARTICLE 2.
 The principal place or transacting bus mess or this corporation within the terri tory of AIizona shall be at Yuma, in tlIe county of Yuma, and in the territory of Alizona, and the principal place or Arizona, shall be at Chicago, state Of H. linols, where meetings Of stockholders and directors may be held and all busi- ness transacted.
 ARTICLE 3.
 The general nature Of the business pro- posed to be transacted IS to make con- tracts, to purchase, lease, option, locate, vr otherwise acquire, own, exchange, sell or otherwise dispose Of, pledge, mortgage hypothecate and deal in Tllnes, inning claims, mineral, lands, coal lands, oil ana 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 pur- chase, lease, or otherwise acquire, erect, own, operate, or sell smelling and ore re-
  and power plants, and do a general real estate, manufacturing and mercantile business, to own, handle and control let telS patent and inventions, and shares or -ts 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 tures and other evidences of indebted ness and to secure the payment of the same by mortgage, deed of trust, or oth- erWise, to act as agent trustee, broker, in other fiHuciarV p1n1CjtV 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 1.
 stock of this corporation shall be one million five hundred thousand ($1,500, 00O.00) dollars, divided into one million five hundred thousand Q,500,000) shares of the par value of of one ($1.G0) 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 contracts, services, or any other valua- ble- right or thing for the uses and pur- 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 or the property purchased or services rendered
 ARTICLE 5.
 The time of the commencement of this corporation shall be the date of the fil ing of certified copy of these articles of incorporation in the office of the auditor Of the territory of Arizona, and the ter (25) years thereafter, with privilege Of renewal as provided by law. ARTICLE 6. The affairs of this corpora tion shall be conducted by a board of directors, and the following named shall constitute the board of directors until their seccessors III, 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 T.
 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 porati5n shall be subject at any one time shall be S500, 000.00 dollars.
 ARTICLE $.
 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: Before me, the undersigned, a notary public fn and for said county and state, on ths day personally appeared H.. A. n;a M;anrer' Harry Try, C. Adams, ThQs J. Fish; 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.
 z. Given under my hand and seal of of flee this 12th day of April, 4. D., 1910 My commission will expire on the oth (seaD A. LINCOLN HARRISON,
 Notary Public Territory of Arizona
 County Of Yuma, ss:
 1, J. M. Polhamus, County Recorder, in and for the county and territory afOre- said GO hereby certify that the forego- inS is true, full and correct copy of the As5estos Company, as filed for record in my office on the 20th Lay of April, A. D., 1910, as appears of record n book 5 or Articles of Incorporation at Page PIT ct seq, records of Yuma county, Arizona Territory.
 Tn witness whereof, have hereuntO set my hand and seal of office this 2Oth day Of April, A. D., 1910.