The Arizona sentinel., 1911-06-22
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 corporation 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 l.
 The name of this corporation shall be the Arizona Asbestos Company ARTICLE 2.
 The principal place of transacting bus mess of this corporation within the terri tory of Arizona shall be at Yuma, in the Arizona, and the principal place or places of transacting business outside of Arizona, shall be at Chicago, state of H. | linois, where meetings of stockholders | and directors may be held and all busi- l ness transacted.
 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 | hypothecate and deal in mines, mining claims, mineral lands, coal lands. oil | and water rights, and to work, explore, l operate and develop the same, and to ex- | therefrom and deal in the products and | Dy products thereof, to pur- | chase, lease, or otherwise acquire, erect, auction works, > oil refineries, saw-miils I and power plants, and do a general real estate, manufacturing and mercantile l business, to own, handle and control let ters patent and inventions, and shares of | its owen capital stock, and that of other | corporations, and devote any stock own might do, to issue bonds, notes, deben- lures, and other evidences of indebted ness and to secure the payment of the erwise, to act as agent, trustee, broker, or in any other fiduefary capacity, to 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 f.
 | The authorized amount of the capital l stock of this corporation shall be one million five hundred thousand (S1, 500,- 00O.00) dollars, divided into one million of the par value of of one ($100) each. At such times as the board of directors stock sEa be paid 6to this sar either in cash or by the sale and trans fer to it of real or personal property ble right or thing for the useseand 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 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 fil- | 9 certified nf thaSa Of incorporation in the office of 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 corpora tion shall be conducted by board of directors, and the following named shall constitute the | are elected: H. A. Maurer of Chicago, III, Thos. J. Fish, of Vincennes Ind, and w: A. Harbison, of Robinson, Illinois.
 Thereaf CT the board of directors shall | be elected rom among the stockholders 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 vacan- cies occurring in the board from any cause, and to appoint an executive com mittee and vest said committee with l
 ARTICLE 8.
 The highest amount of indebtedness direct or contingent. to which the cor ] porati0n shall be subject at any one time shall be $500, ,G00.00 dollars.
 ARTICLE g.
 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 12th day (seaD H. A. MAURER (SeaD HARRY c. ADAMS | (SeaD THOS. J. FISH | (SeaD BIRNEY H. FISH, (Seal( ADOLPH H. KRUSE l (SeaD W. A. HARRISON State of Indiana, County of Knox, ss: 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, Adolph 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.
 :. Given under my hand and seal of of flee this 18th day of April, A. D., 1910. My e9mmissi9n % 6}9 will expire on the 9th (seaD A. LINCOLN HARRISON.
 Notary Public Territory of Arizona,
 l I, J. M. 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 | Asbestos Company, as filed for record in my office on the 20th oay of April, A. D., 1910, as appears of record n book 3 of Articles of Incorporation at Page | PIT ct Seo records of Yuma county.