The Arizona sentinel., 1910-06-16
ARTICLES OF INCORPORATION

ENTS, That we, the undersigned, have | this day associated ourselves together for, the purpose of forming a corporation 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 l.
 The name of this corporation shall be I the Arizona Asbestos Company ARTICLE Z.
 | 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 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- 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 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 pur chase lease or otherwise acquire erect own, operate, or sell smelling and ore re- ductiOn works, oil refineries, saw-mills and power plants, and do a general real
 
 business, to own, handle and control let ters patent and inventions, and shares of It's owen capital stock, and that of other corporations and devote any stock own ed by 1t 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- erWise, 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 law. in any part of the world as the board of directors may deem to the advantage of the corporation.
 ARTICLE f.
 The authorized amount of the capital stock of this corporation shall be one million five hundred thousand ($1,5OO,- 000.00) dollars divided into one million five hundred thousand Q,5OO,OOO) shares 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 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, 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 ter mination thereof shall be twenty-five l25l years thereafter; with privilege Of
 ARTICLE 6. The affairs of this corporation shall be f6ndHGfed con fnife by board 6 of directors, and board of directors until their seccessors are elected: H.. A. Maurer, of Chicago. III, Thos. J.. Fish, of Vincennes, Ind, and 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 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 pOrati3n shall be subject at any one time shall be $500, 100000 dollars.
 ARTICLE g. The private property of the StockhOld- CTS and officers of this corporation shall be exempt from all corporate debts of any kinc 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, in and for said county and state, on ths day personally appeared H. A. Maurer, Harry C.. Adams, Thos J. Fish, Birney H. Fish, AdolDh H. 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 commissio1 will expire on the 5th day of May, 1913;
 Notary Public Territory of Arizona,
 County of Yuma, ss:
 I, J. M. Polhamus, County Recorder in and for the county and territory afore- ing is a true, full and correct copy of the Articles of Incorporation of the Arizona Asbestos Company, as filed for record in my office on the 20th Lay of April, A. D., 1910. as appears of record n book of Articles of Incorporation at Page PIT ct seq, records Of Yuma county Arizona Territory.
 1n witness whereof, I.have hereunto set my hand and seal of office this goth day (SeaD J. N. POLHAMUs,
 County Recorder.