The Arizona sentinel., 1911-02-16
ARTICLES or INCORPORATION

KNOW AL MEN BY THESE PRES
ENTS, That we, the undersigned, nave
TINS day associated ourselves IOgetner
tor the purpose Vi forming a corpCI alton
under anu pursuant to the laws OF the
territory OIL Arizona, anu for that puT-
pose do hereby ADOPT articles OF IncCr-
pOratIUn as 1OIi0Ws:
AITiCLE l.
The name OF this corporati ton shall be
the Arizona Asbestos Company
ARTICLE :.
The principal place q trauSacting bus
mess or TINS corpora ton within the terri
tory Of Arizona snail De at Iuna, in the
county OF Yuma, and III the territory Of
Arizona, and the principal place or
places of tranSacting business outside uf
AriZOna, snail be at Chicago, state OF IL
nnOlS, where meetings oi stockholders
and directors may be held and all bust
ARTICLE 3.
The general nature OF the business pro-
posed TO be transacted is to make con-
tracts, TO purchase, lease, option, lJcate,
" Otnerw!se acquire, own, exchange, sell
or otherwise dispose OF, pledge, L,JtJSaSe
hypotnecate ana deal IL rIli}es, mining
CLAIMS, mineral lanus, coal lanQS, oil
lands, timber lands. real estate, water
anu water rights, ana 10 work, explore,
operate and develop the same, and to eX-
tract any ana all minerals, oils anu gas
tneI efrOm and deal in the products and
plUddcus thereof, to. pur-
chase, lease, or otherwise acquire, erect,
own, operate, or sell smelling and ore re-
ductlOn works, OIL retiner.eS, SaW-TniliS
and power plants, and do a general real
estate, manuIaclu rlnS anu mercaE lie
business, 10 own, handle and control let
terS patent and Inventions and shares OF
a.; O..~ii capIt.t! stock, ana that OI other
corporations, and devote any STOCK own
ed by It the same as a natural person
might do to issue bonds, notes, deDen-
tunes, and other evidences Oi indebted
ness and to secure the payment OF the
same by mortgage deed OF trust, or 9TH
erWlSe, To act as agent, trUS tee, broker,
Or in any other f.dLcIary capacity, 10
borrow and loan money, and i'll general
and transact such business, not incOn-
sistent with law in any part OF the world
as the board of directors may deem tn
the advantage OF the corporation.
ARTICLE /.
The authorized amount Of the capital
stock OF this corporation snail be one
million five hundred Thousand (S1, $780,
O00C0) dollars, divided into one million
of the par value OF of enc (s1.O0) eacn.
At such times 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 to it of real or personal property
contfaC IS, services, or any other valua-
BILE 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 CAPT.
tai stock so issued shall theTeupon and
thereby become and be fully paid up and
non -aSsesSable, and in the absence of ac-
tual fraud in transaction, the judgment
or 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 a certified copy of these articles of
incorporation in the office of the auditor
OF the territory of Arizona, and the ter