The Arizona sentinel., 1910-07-21
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 a corpCi alton 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 tiie Arizona, and tle principal place or places of transacting business outside of Arizona, shall be at Chicago, state of H. linoS, 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 or otherwise dispose of, pledge, mortgage claims, mineral lands, coal lands, oil lands, timber lands, real estate water operate and develop the same, and to ex- tract any and all minerals, oils and gas therefrom and deal in the products and chase or 5heFe0 aco2e tG pu own, operate, or sell smelting and ore re- duction works, oil refineries, saw-mills and power plants, and do a general real estate, manufacturing and mercantile business, to own, handle and control let terS patent and inventions, and shares of o"sn capital stock, and that of other corporations, and devote any stock own ed by it the same as q 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- erWiSe, to act as agent, trustee, broker, or in any other fiduciary capacity, to hn 1I and in a,~11 to do and perform such acts and things and transact such business, not incon- sistent with law. in any part of the world the advantage of the corporation.
 ARTICLE I.
 The authorized amount of the capital million five hundred thousand (S1,500, 00000) dollars, divided into one million five hundred thousand Q,500,000) shares At such times as the board of directors may by resolution direct, said capital stock shall be paid into this corporation, fer to 1t of real or personal property contracts, services, or any other vaiu3- 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 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 fil- ing of certified copy of these articles of incorporation in the office of the auditor of the territory of Arizona, and the ter mination thereof shall be twenty-five renewal as provided by law.
 ARTICLE $.
 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 ar are elected: H. A. Maurer. of Chicago; 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.
 to adopt and amend bylaws for the gov ernment of the corporation to fill yacan- 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, ,00G00 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 (SeaD H. A. MAURER (SeaD HARRY c. ADAMS (SeaD THOS. I. FISH (SeaD BIRNEY H. FISH (Seal( ADOLPH IT. KRUSE (SeaD w. A. HARRISON State of Indiana, County of Knox, ss: Before me, the undersigned, a notary public, in and for said county and state, on ths day personally appeared H. A. Maurer, Harry c. Adams, Thos J. Fish, Birney II. Fish, AdolDh II. Kruse and 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 12th day of April, A. D., 1910 My c9mmissi0n will expire on the 9th (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 do hereby certify that the fOrego- ing is true, full and correct copy of the Articles of Incorporation of the Arizona Asbestos Company, as filed for record III my OlIlce on the ZOI1 Lay or April, A. D., 1910 as appears of record II book of Articles of Incorporation at Page 217 ct seq, records of Yuma county Arizona Territory.
 In witness whereof, I have hereunto set nay hand and seal of office this 20th day of April, A. D., 1910
 (SeaD J. M. POLI1AMUS,
 County Recorder. First Publication, Thursday, April 2S.