The Arizona sentinel., 1910-05-05
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 corpti alton
under and pursuant to the laws of the
Territory OF Arizona, and for that pur-
pose do hereby adopt Articles OF Incor-
poration follows:
ARTICLE l.
The name OF this corporation shall be
the Arizona Asbestos Company
ARTICLE 2.
The principal place or transacting bus
mess OF this corporation within the terri
tory OF Arizona shall DE at Yuma, in the
Arizona, and the principal place or
places of transactng business outside of
Arizona, shall be at Chicago, state OF IL
| l1nois, where meetings OF stockholders
and directors may be held and all bust
ness transacted.
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
! hypothecate ana deal in mines, mining
T-"i!;ta, n'!ncral iAiiuS cU.'i nus. OF
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 ana deal in the products and
! y products thereof, to pur-
! chase, lease, or otherwise acquire, erect,
! own, operate, or sell smelling and ore re-
ductIon works, oil reflneries, saw-mills
estat tie, manufacturing and mercantile
business, to own, handle and control let
teIs patent and inventions, and shares of
5 o"Cn capital stock, and that of other
corporations, and devote any stock own
ed by 1T the same as natural person
might DO, to issue BOMBS, notes. deben-
lures, and other evidences Of indebted
ness and to secure the payment OF the
same by mortgage, deed OF trust, or 9TH
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 fT the corporation.
The authorized amount Of the capital
stock OF this corporation shall be one
million five hundred thousand ($1,5OO,-
five hundred thousand Q,500, 000) shares
of the par value of Of one (S1.00) each.
At such times as the board of directors
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-
bic right or thing for the uses and pur-
poses of said corporation, in payment for
which shares OF the capital stock of said
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 5.
The time of the commencement of this |
corporation shall be the date of the fill |
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 |
(25) 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 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 7.
The board of directors shall have power
TO adopt and amend bylaws for the gov
eminent of the corporation to fill vacan-
cles occurring in the board from any
cause, and to appoint an executive COM
such powers as they may determine
ARTICLE s.
me highest amount of Indebtedness, |
poration shall be subject at any one time
shall be $500, 100000 dollars.
ARTICLE 8.
The private property of the Stockhold-
erS 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. !
(SeaD H A. L;AIJRER
{Sea( HARRY c. ADAMS
(SeaD THOS. j. FISH
(SeaD BIRNEY H. FISH
(Seal( ADOLPH H. KRUSE
SSeaD w. a. HARRISON
state OF indiana, County of Knox, SIS:
Before me, the undersigned, notaryl
public in and for said county and state,
on tbs day personally appeared H. A.
M M;aurer, Harry c. Adams, Thos J. Fish,
w. a. HARRISON to me known to be the
persons who subscribed to the foregoing
instrument, and acknowledged to me
that they executed the same for the
pressed.
:. Given under my hand and seal of Of
flee this 18th day of April A. d., 1910.
da MY Of eq Mnn IG}a will expire on the 9TH
tSeaD A. LINCOLN HARRISON,
Notary Public
County of Yuma, s.:
L, j. NJ. 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
IN my office on the Goth cay of April
a. D., 1910, as appears of record n book
3 OF Articles of Incorporation at Page
Arizona Territory.
In witness whereof I have hereunto set
my hand and sea! Of office this goth day
Of Of April, a. D., 1910.
County Recorder.
First Publication, Thursday, April %.