Holbrook argus., 1912-12-10
Articles of Incorporation
OF THE NAVAJO GYPSUM AND
 FERTILIZER COMPANY.

laws Ot Arizona, hereby adopt the fol lowing Articles of incorporation
 ARTICLE 1. Inc name of the cor poration shall be FIFE NAVAJO GYP- SUM X FERTILIZER COMPANY and Its principal place of business shall be at Winslow, Arizona, but other offices may be established and maintained hin or outside of Arizona at such places as the Board of Directors may design ate, where meetings of stookhold CTS and directors may be held.
 ARTICLE II. The general nature oi the business proposed to be transacted is mining, milling. converting, prepar- ing for market and otherwise produc ing and dealing in gold, silver. cop per, lead, nc, brass, gypsum, gypsite. plaster, plaster paris, cement, iron. steel, and all kinds of ores. metals and minerals. oils, gas and coal. and the products and by-prodUCts thereof; to purchase or otherwise acquire, own. exchange, sell or otherwise dispose of. mortgage. hypothecate and deal iu mines and mineral lauds of all kiuds, oil, coal and timber lauds real and uersoual estate, water and water rights, to work. explore, operate and develop the same; to purchase or otherwise
 cpuire. erect, own, operate and dis. pose of smelting and ore reduction ly- ni1 power plants; to do d general manu featuring and mercantile business; to own. handle and control letters latent md inventions and shares of its own eapita al stock and that of other corpor- atlons, and to vote any shares of stock owned by it the same as natural per son might do; to issue bonds, notes. debentures, and other evidences of in debtedness and secure the payment oi the same by mortga age, deed of trust Or otherwise: to act as agent, trustee, broker, or in any other fiducisry cspa- city, and 10 borrow amp loan monev and in general to do and perform such acts aud things and transact such business in connection with the fore going objects, not inconsistent with
 law, i'll any part of the world, as the Board of Directors may deem to the advantage of the tporation.
 ARTICLE III. The capital stock of the corporation shall be One Hundred Thousand Dollars, (&1OO.00O. 00l, divid. cd into One Thousand shares of tue par value ol One Hundred Dollars,
 Sl000 % each. which shall be paid foI 4t such times and in suC,I mauner as the Board of Directors may designate. All or any portion of the capital stock may be issued in payment for real or ersona1 property, services, or any other right or thing of value, for ths uses and purposes of the corpor ation. and when 70 issued shall become and be full-paid, the game as though paid for in cash at par; and the directors shall be sole judges of the value of any property. right or thing acquired in exchange for capital stock No siIaret ot capital stock shall be iesued until fully paid for aud thereafter shall be nor sses sable.
 ARTICLE ". The commencement of the corporation shall be the day these Articles are fl ed in accord ance with law, and the termination thereof shall bs twenty-tive years thereafter, vi ith privilege of renewal as provided by statute.
 ARTICLE V. The atf airs f the cor. poration shall be conducted by Board said Directors may elect or appoint. Ghe number of directors shall be des- ignated by the stockholders and sbalI he elected from among the stockho1d- CTS at their annual nee ting to be he1o on the secoud Monday in January oi each year. Until the first anruui meet. ing of stock lolders and until their sue cessors have been elected and have qualified, the following named persons shall be ;ne directors: F. M. French, C. N. Cotton, NJ. w. Dadey, aud Leo D Daze
 ARTICLE VI The directors shall have the pow CT 'oadopt, end and re- scind Bylaws, to fill vacancies occur. ring in the board from any cause, and to appoint from their own number an executive committee and vest said com mitlee with all the powers granted the directors by these Articles.
 ARlICLE VII, The highest amount of indebtedness or liability to which the corporation is al any time to sub.