The Arizona sentinel. [volume] (Arizona City [Yuma], Yuma County, A.T. [Ariz.]) 1872-1911, 1911-03-09
ARTICLES OF INCORPORATION

KNOW AL MEN BY THESE PRES
ENTS, That we, the undersigned, have
this Gay associated ourselves together
for the purpose of forming a corpL4 y ton
under ana pursuant to the laws OF the
Territory OF Arizona, and for that pur
pose do hereby adopt Articles OF Incor-
poration as follows:
ARTICLE /.
=, The name OF this corporation shall be
the Arizona Asbestos Company
ARTICLE 2.
Inc principal place OF tranSacting bus
mess of this corporation within the terri
tory of Arizona shall be at Yuma, in the
county OF Yuma, and in the territory Of
Arizona, and the principal place or
Arizona, shall be at Chicago, state of IL
Hnois, where meetings of stOckholde IS
and directors may be held and ali bust
ARTICLE 3.
The general nature OF the business pro-
posed to be transacted is to make con-
tracts, to purchase, lease, option, locate,
Of otherwise acquire, own, exchange, sell
or otherwise dispose OF, pledge, mortgage
bypothecate and deal in rlines, mining
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 smelling and ore re-
and power plants, and do general real
estate, manufacturing and mercantile
business. to own, handle and control let
tiers patent ana inventions, and shares of
Us owen capital stock, and that of other
corporations, and devote any stock own
ed by 1T the same as a natural person
might do, to issue bonds, notes, oeben-
lures and other evidences of indebted
ness and to secure the payment of the
same by mortgage, deed of trust, or 9TH
erW1Se, 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 tn
the advantage Of the corporation.
ARTICLE 4.
The authorized amount of the capital
stock OF this corporation shall be one
million five hundred thousand $780,
00000) dollars, divided into one million
five hundred thousand d, 500, OOO) shares
Of the par value of OF one (S1.00) EACH
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,
Ter to 1T of real or personal property
contracts, services, or any other valua-
bic right or thing for the uses anG 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 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
snail be conci1s5y T;c
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