The Arizona sentinel., 1910-08-25
ARTICLES OF INCORPORATION

KNOW AL MEN BY THESE PRES ENTS, That we, the undersigned, have this day associated ourselves together for the purpose of forming a corpl} ation tnler and nlirsilant to tie laws of inc l Territory of Arizona, and for that pur- pose do hereby adopt Articles or Incor- p0lat'o" as f0lloETii HFTicLE
 Tine name Cf this corporal ton shall be the Arizona Asbestos Company
 ARTICLE ,.
 The principal place oI transacting bus | mess CI th4S corporation within the terri tory of Arizona shall be at Yuma, i'll the l county of Yuma, and ill the territory of | Arizona, and tile principal place or i places of tranSacting business outside of 1 Arlzona shall be at Chicago, state of H. 1 lnois, Where meetings or stockholders i and directors may be held and all bus1-
 ARTICLE 3.
 The general nature Of the business pro- 1 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 | hypothecate and deal in mlnes, mining l 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 | pfUuu.tS thereof, to pun ! chase, lease, or otherwise acquire, erect, | own, operate, or sell smelting and ore re- 1 duction works, oil refIuerIeS saW-mills 1 and power plants, and do a general real estate. manufacturing and mercantile 1 business, to own, handle and control let 1 teIs patent and inventions, and shares of 1 ,,s p",A capital stock, and that of other ! Corporations, and devote any stock own 1 ed by It the same as a natural person | might do, to issue bonds, notes, deben- tues, aTd other evidences of indebted hess and to secure the payment of the same by mortgage, deed of trust, or oth- erwisc, to act as agent, trustee broker, CT in any other fiduciary capacity, to borrow and loan money, and III general 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 CT the corporation.
 ARTICLE l.
 The authorized amount of the capital stock of this corporation shall be one 000.G0) dollars, divided into one million five hundred thousand Q,500, 000) shares of the par value of of one (S1.00) each. At such timess 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 10 1t Of real or personal property contracts, services, or any other valua- ble right or thing for the uses and pur- poses ot 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
 
 shall be conclusive.
 ARTICLE ,. The time Of the commencement of this corporation shall be the date of the fii- ing Of a certified copy Of these articles of incorporation in the office or 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 corporation shall be | COnIUCta1 hoard directors the following named shall constitute the | board of directors until their seccessors l are elected: IT. A. Maurer, of Chicago. l III, Thos. J. Fish, of Fincennes, Ind. and w. A. IIarDisOn, of Robinson, Illinois, l Theroafter the board of directors shall be elected from among the stockholders at the annual stockholders meeting to be held OH 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 vacan- cies occurring in the board from any cause, and to appoint an executive com mittee and vest said committee with 1 such powers as they may determine.
 ARTICLE 8. The highest amount of indebtedness, direct or contingent, to which the cor pOration shall be subject at any one tine shall be $500. GG000 dollars.
 ARTICLE 9. The prNatc property of the stockholi- 1 CTS and officers of this corporation shall
 
 any kind and character whatsoever. In Witness whereof, We have hereun- to set our hands and seals this 18th day of April, 1910. (SeaD HARRY c ADAMS (SaaD THOS J. FISH {seaI( AbotPH IT. II. KRusE (Se2D w. A. FIARpISON 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, l Birney IT. 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. flee this 13th day of April, A. D., 1910 Ely c9m1missi0n ann b,5 will expire on the oth dSy dSyyof of May, 1913 gg1T3;,co1r ,,,Dn,oo>, Territory of Arizona,
 County of Yuma, ss: l, J. N. Polhamus, County Recorder in and for the county and territory akore- said do hereby certify that the fore@o- ng is a true, full and correct copy of the Articles of Incorporation of the Arizona Asbestos Company. as filed fer record A. D., 1910, as appears of record II book 3 Of Articles of Incorporation at Page PIT ct seq, records of Yuma county, In witness whereof, I have hereunto set my hand and seal of office this 2Gth day of April, A D., 1910.
 (ScaD J. N POLHAMUS, First Publication, Thursday, April 28