The Arizona sentinel., 1910-08-04
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 cooperation 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 I.
 The name of this corporation shall be the Arizona Asbestos Company ARTICLE 2.
 The principal place of transactipg bus mess of this corporation within the terri tory of Arizona shall be at luna, in tlte 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. hnoiS 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 smeting and ore re- duction works, oil refineries, saw-mills and power plants, and do general real estate, manufacturing and mercantile business, to own, handle and control let terS patent and inventions, and shares of ,, oven capital stock, and that of other corporations, and devote any stock own ed by it 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 sarNI loon 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 I.
 The authorized amount of the capital stock of this corporation shall be one million five hundred thousand $1,500,- 100000 dollars, divided into one million five hundred thousand Q,500,00G) shares of the par value of of one ($1.0O each. At such times as the board of directors may by resolution direct, said capital stock shall be paid into this corporation, fer to it of real or personal property 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 &C., 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- ing of d 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 a 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
 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 nittee 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 porati5n shall be subject at any one time shall be $500 000.00 dollars.
 ARTICLE 9.
 The private property of the stockhold:., CTS and officers of this corporation shaft 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 +. A: AAURER
 (SeaD HARRY c. ADAMS (SeaD THOS. J. FISH
 (SeaD BIRNEY II. FISH (ScaI( ADOLPH II. KRUSE lSeaD W. A. HARRISON fD4o Df Tt,,1 TC
 Before me, the undersigned 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 ". 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- pressed
 flee this I3th day of April, A. D., 1910.
 My commission will expire on the oth (SeaD 4. LINCOLN HARRISON, Notary Public Territory of Arizona,
 County of Yuma, ss:
 l, J. M. PolhamuS, County Recorder, in | and for the county and territory afOre- l 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 20th cay of April, A. D., 1910. as appears of record II book | 3 of Articles of Incorporation at Page | 2l7 ct seq, records of Yuma county, | Arizona Territory.
 In witness whereof I have hereunto set my hand and seal of office this 20th day (sea6 J. N. POLHAMUs, | County Recorder First Publication, Thursday, April 2S.