Williams news., 1911-12-16
ARTICLES OF INCORPORATION
 -oF THE Arizona Timber, Lime and Ce- ment Company

[ KNOW ALL MEN BY THESE PRESENTS: That we, whose hands are hereunto affixed do hereby associate ourselves together for the purpose of forming a corporation under the laws of the Territory of Arizona. and to that end do adopt the following Articles of Incor. poration.
 | The name of the corporators are: Lilo M Perrin, Jr.. Lilo M. Perrin, and Robert Perrin and the name of the corporation shall be
 ARIZONA TIMBER. LIME AND CEMENT COMPANY.
 The principal place in which the business of said corporation, within the Territory of Arii zona, is to be transacted is Williams, Coconino County, Arizona. and the corporation may have such other offices, either within or with. out the Territory of Arizona. as may be estab. lished by the Board of Directors
 ARTICLE II.
 The general nature of the business proposed to be transacted by the corporation is as fol- lows, to-wit:
 To manufacture, buy. sell and otherwise dis. pose of lime and cement. To acquire by pur. chase, lease or otherwise, timber and timber lands and dispose of them. To cut wood for fuel and dispose of the same. To manufacture, sell and deal in lumber. To buy or otherwise
 
 pose of agricultural and grazing lands and to cultivate the same and for that purpose to pro vide irrigation works and water: to buy grow, graze and deal in and sell cattle ard sheep and other live stock; to grow, deal in and sell wool; to make contracts; to purchase, lease, bond option, locate, or otherwise acquire, own, ex- change. sell or otherwise dispose of the same :; pledge, mortgage, hypothecate and deal in mines and mining claims and all kinds of ores, metals and minerals. .oils,gas and coal, mineral lands,ooal lands. oil lands, timber lands water and water rights, and all other property both real and personal, and to work, explore, oper- ate. mine and develop the same; and to manu- lecture and deal in the products and by-prod- ucfs thereof; to purchase. lease or otherwise acquire. erect own, operate, and dispose of, smelting and ore reduction works, oil refiner. les, saw mills and power plants; to do a gen. eral manufacturing and mercantile business; to engage in the banking business; to publish newspapers; to develop water and electric power and transmit the same and use, lease or sell the same; to construct or otherwise ac. quire electric and other light plants and to po- crate the same. and supply others with light and power; to make commercial fertilizers by means of electric power and line or otherwise; to transmit and ship the same by means of rail or ship to any and all places in the United states or in foreign lands: to own handle and control letters patent, inventions and fran chises; to purchase, own, hold, cancel and re- issue shares of.its own capital stock and to own shares of the capital stock of other corpora- tions; to issue bonds, notes, debentures, and other evidences of indebtedness and to secure the payment of the same by mortgage, deed of trust or otherwise and to exercise in respect thereto and to all shares of capital stock and other securities and obligations, any and all the rights, powers and privileges of a natural person; to act as agent, trustee. broker. or in any other fiduciary capacity; to borrow and loan money. and in general to do all things necessary or convenient to the proper conduct of the business of the corporation in any part of the world.
 ARTICLE III. {. The authorized amount of capital stock of the corporation is Two Million Dollars fs2. .ooo. DOO.0O) divided into Two Hundred Thousand shares of the par value of Ten Dollars (sl0 00) each, which shall be paid in at such times and 'i Tn such manner as the Board of Directors may designate, in cash, real or personal property. | services option to purchase, LOT any other yalu- able right or thing, for the uses and purposes oi the corporation, and all shares of capital | 'tock. when issued in exchange therefor, shall | 'hereupon and thereby be and become full ! paid, the same as though paid for in cash, at | par, and shall be and become forever uon.as 'essable for any purpose whatsoever, and the | judgment of the Board of Directors as to the | 'alue or such property, services. right or thing a acquired in exchange for Capital Stock, shall f 'e conclusive. F
 ARTICLE ".
 The,time of the Commencement of the cor fl 'oration shallb be the day these Articles of Tn. M corporation are filed in accordance with law. ind the termination thereof shall be twenty i've years thereafter, with privilege of renewal Il or like periods, as provided by law
 ARTICLE ". The affairs of the corporation shall he con. ueted by Board of Three Directors. Va ancies occurring In the Board may be filled y the remaining members. The Board f Directors shall be elected from among nd by the stockholders on the second Monday November in each year and until the first tt nnual meeting, and until their successors are uly elected and have qualified the following amed persons shall constitute the Board of directors: Lilo M Perrin, Jr., Lilo M. Per. in, and Robert Perrin. The stockholders of the corporation may. by y-laws, increase the number of Directors to | ot more than nine (9).
 The stockholders may adopt bylaws for the !. oyernment of the corporation not inconsistent 7 itN law or with these Articles.
 ARTICLE VI
 The highest amount of indebtedness of lia- l ll1ty, direct or contingent, to which the cor { oration is at any time subject. shall be Six Thrtrc nd 1r11o