The Arizona sentinel., 1910-07-14
ARTICLES OF INCORPORATION

ARTICLES OF INCARCERATION
 KNOW ALL MEN BY THESE PRES ENTS, That we, the undersigned, have this day associated ourselves together for the purpose of forming a corpOI ltion 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:
 The name of this corporation shall be the Arizona Asbestos 9t;S3f9 9;1 < Company
 The principal place of transacting bus mess of this corporation within the terri tory of Arizona shall be at Yuma, in tlle county of Yuma, and in the territory of Arizona, and the principal place or places of tranSactnS business outside of Arizona shall be at Chicago, state Of H. linOis, where meetings or stockholders and directors may be held and all busi- ness transacted;
 The general nature Of the business pro- posed to be transacted is to make con- tracts, to purchase, lease, option, locate, Ur otherwise acquire, own, exchange, sell or otherwise dispose of, pledge, mortgage hypothecate and deal in 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 products thereof, to pur- chase lease, or otherwise acquire, erect, own operate or sell smelting and ore re- duction works, oil retineries, 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 i,s OWCn 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 tuIeS, and other evidences of indebted ness and to secure the payment of thes same by mortgage, deed Of trust, or oth- erWise, to act as agent, trustee, broker, CT in any other tiduclary capacity, to borrow and loan money, and III general to do and perform such acts and things and transact such business, not incon- siStent with law in any part O. the world as the board of directors may deem to the advantage of the corporation.
 ARTICLE 4.
 stock of this corporation shall be ons million five hundred thousand ($1,5O0,- 000.00) dollars, divided into one millioT of the par value of of one ($1.G0) 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- 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 corpora ton 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 fnination thereof shall be twenty-five (25) years thereafter, with privilege of renewal as provided by law
 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 are elected: IT.. A. Maurer, of Chicago, H., Thos. J. Fish of Vihcennes, Ind, and w. A. Harbisons of Robinson, Illinois,
 Thereafter the board of directors shall at the annual stockholders meeting to be held on the first day of July of each year.
 The board of directors shall have power to adopt and amend bylaws for the gov | ernment of the corporation to fill Eacan- 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 l snail De S0UO, dOl1rS-
 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 18th day of April, 1910.
 l (SeaD H. A. MAURER 1 (SeaD HARRY c. ADAMS | (SeaD THOS. J. FISH
 (SeaD BIRNEY- II. FISH. 1 (Seal( ADOLPT II. 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 Il; 1,,4 A. Ra1rer Harry C. ddb Adams ThqS rIse E FiSmd and W. A. Harbison to me known to be the persons who subscribed to the foregoing instrument and acknowledged to me me that they executed the same for the purposes and considerations, therein eX-
 Given under my hand and seal of of flee this 18th day of April A. D., 1910.
 My commission will expire on the 5tE (SeaD A. LINCOLN HARRISON, Territory of Arizona,
 County of Yuma, ss:
 I, J. NJ. POlhamus, County Recorder, 1T and for the county and territory afore said do hereby certify that the forego- ing is a true, full and correct copy of the Articles of Incorporation of the Arizona Asbestos Company, as filed for recort in my office on the 10th cay of April A D., 191O as appears of record Il bool 3 of Articles of Incorporation at Pagt .of7 ct seq, records of Yuma county Arizona Territory.
 In witness whereof, I have hereunto SC my hand and seal of office this 20th da. I, of April, A. D., 1910
 (SeaD J. NJ POLHAMUS, County Recorder First Publication, Thursday, April 2S.