The Arizona sentinel., 1910-09-08
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 corpC, ation ! under and pursuant to the laws of the | Territory of Arizona, and for that pur- ! pose do hereby adopt Articles Of Incor- i pOration as follows:
 ARTICLE 1. | The name of this corporation shall be the Arizona Asbestos Company
 ARTICLE Z. The principal place of tranSacting bus 1 mess oI this corporation within the terri i tory of Arizona shall be at Yuma, in the county of Yuma. and in the territory cf 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- '0> N ARTICLE 3. The general nature or the business pro- posed to be transacted IS to make con- tracts, to purchase, lease, option, locate, CT otherwise acquire, own, exchange, sell or otherwise dispose of, pledge, mortgage hypothecate and deal i'll 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 rr5ducts thereof, to pur- chase, lease, or otherwise acquire, erect, own, operate, or sell smelting and ore re- duction works, oil refireries, saw-mils and power plants, and do general real cSta te, manufacturing and mercantile business, to own, handle and control let terS patent and inventions, and shares of .,s v"cn capItal stock, and that of other corporations, and devote any stock own ed by it the same as a 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 erWlSe, to act as agent, trustee, broker, or in any other tiduciary capacity to horn rDd 3sll 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.
 The authorized amount of the capital million five hundred thousand ($1,500, 000.00) dollars, divided into one million five hundred thousand Q,500, 0,000) shares of the par value of of one ($i.00) each. 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 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 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,s 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 in the office of the auditor of the territory of Arizona, and the ter imitation thereof shall be twenty-five (25l years thereafter, with privilege Of renewal as provided by law.
 ARTICLE 6.
 The affairs of this corporation shall be conducted by board, of directors, and the following named shall constitute the board Of directors until their secccssors are elected H.. A. Maurer, of Chicago w. A. IIarbison 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 i'll 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 pOrati0n shah be subject at any one time shall be $500, ,000.0O 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 Ti1, l, and character ", wha tsoever. to set our hands aid seals this 12th day (Sea6 II. A. MAURER (SeaD HARRY c. ADAMS (ScaD TIOS J. FISH (SeaD BIRNEY H. FISH, (Seal( ApOLPH H; KRUSE State of Indiana, County of Knox ss:
 Before me, the undersigned, notary on ths day personally appeared H.. A. Maurer, Harry C. Adams, ThOs J. Fish. Birney H. Fish, ,AdolDh II. 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 12th day of April. A. D., 1910. My a cqmmisSi2n HIaI 561 will expire on the oth (SeaD A. LINCOLN HARRISON, Territory of Arizona,
 County of Yuma, ss:
 I, J. M. Polhamus, County Recorder, in and for the county and territory afore- 5d & w d0 t hereby & cey d at the f0fe0 f f6o Articles Of Incorporation of the Arizona Asbestos Company, as filed for record in my office on the 2oth Uay of April A. D., 1910. as appears of record n book 3 of Articles of Incorporation at Page 217 ct seq, records of Yuma county, Arizona Territory.
 In witness whereof, have hereunto set my hand and seal of office this 20th day of April, A. D., 1910.
 (SeaD J. M POLHAMUS,
 County Recorder. First Publication, Thursday, April 2S.