The Arizona sentinel., 1910-07-07
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 corpCi 1tion under and pursuant to the laws of the Territory ot Arizona, and for that pur- pose do hereby adopt Articles Of IncoT- poration as folloWSi B1;icI r
 The name of this corporation shall be the Arizona Asbestos Company
 ARTICLE 2
 The principal place of transactng bus mess or this corporation within the terri tory of Arizona shall be at Yuma, in tlte i county of Yuma, and in the territory of Arizona, and the principal place CT | places of tranSacting business outside of Arizona, shall be at Chicago, state of IT. ] linois, where meetings of stockholders and directors may be held and all busi- ness transacted.
 ARTICLE 3.
 The general nature of the business pro- | posed to be transacted is to make con- tracts, to purchase, lease, option, locates Or otherwise acquire own, exchange sell 1 or otherwise dispose Of, pledge, mortgage | hypOthecate and deal in mines, mining claims, mineral lands, coal lands, oil | lands, timber lands, real estate, water 1operate and develop the same, and to eX tract any and all minerals, oils and gas | therefrom and deal in the products and l plUuuctS thereof, to pun chase, lease, or otherwise acquire, erect, i own, operate, or sell smelting and ore re- | ductiOn works, oil IeilnerIes, saW-mills l | estate. manufacturing and mercantile | business, to own, handle and control let | ters patent and inventions, and shares of ] .ts, O.:On capital stock, and that Of other corporations, and devote any stock own 1 cd by 1t the same as natural person might dO, tO issue bonds notes, deben- l tunes. and other evidences of indebted ness ana tO secure the payment of the ! same by mortgage, deed of trust, or Oth- eTwise, t. act as agent, trustee, broker, or m any other 1duclary capacity, to borrow and loan money, and i'll general to GO anu 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 I. stock Of this corporation shall be one million five hundred thousand (S1,500, five hundred thousand q 59o 600l lsiil,e shnTes of the par value of of one (S1.G0) 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, CT any other valua- ble right or thing for the uses and pur- poses or 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 g.
 The time of the commencement of this corporation shall be the date of the fil- ing of 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 tZ5) years thereafter, with privilege of renewal as provided by law.
 ARTICLE G.
 The affairs of this corporation shall be conducted by board of directors, and the following named shal constitute the 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
 ARTICLE '.
 The board Of directors shall have power 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.
 Tie highest amount of indebtedness, poration shall be subject at any one time shall be S5G3 co dollars
 ARTICLE 9.
 The private property of the StOckhOld-
 
 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 12th day Of April, 1910
 (SeaD 1T. A. MAURER (SeaD HARRY c. ADAMS (Se3D THOS y-TEIIccsTTI- ccsTTI-----~- (SeaD BIRNEY H. FISH. (SeaI( ADOLPH II. KRUSE {SeaD ". A. HARRISON State of Indiana, County of Knox, ss: Before me- the undersigned, a notary public, in and for said county and states on ths day personally appeared II. A. Maurer, Harry c. Adams, Thos J. Fish. 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- Given under my hand and seal of of- flee this 18th day of April, 4. D., 1910 My commission will expire on the 9th (SeaD A. LINCOLN HARRISON,
 Notary Public Territory of Arizona,
 County of Yuma, ss:
 l, J. Nj. POlhamuS, County Recorder, in 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 IncOrDOration of the Arizona Asbestos Company, as filed for record in my office on the 20th cay of April, A. D., 1910, as appears of record II book 3 of Articles of Incorporation at Page PIT ct sea-, 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. N. POLHAMUS,
 County Recorder. First Publication, Thursday, April 2S