Holbrook argus., 1912-12-17
Articles of Incorporation
OF THE NAVAJO GYPSUM AND
 FERTILIZER COMPANY.

1N SENTS, That we, A. G. Alsap and R. D. Hightower, both of Phoenix, Arizona, having associated ourselves together for the purpose of forming d co operation under and by virtue of the laws of Arizona, hereby adopt the fol- lowing Articles of Incorporation.
 ARTICLE l. The name of the cor poration shall be THE NAVAJO GYP- SUM & FERTILIZER COMPANY and It's principal place of business shall be at Winslow, Arizona, but other offices may be established and maintained within or outside of Arizona at such places as the Board of Directors may designate, where meetings of stockhold- CTS and directors may be held.
 ARTICLE II. The general nature of 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, zinc, brass, gypsum, gypsite, plaster, plaster paris, cement, iron. steel, and all kinds of ores, metals and minerals, oils, gals and coal, and the products and by-prodncts thereof; to purchase or otherwise acquire, own, exchange, sell or otherwise dispose of, mortgage, hypothecate and deal in mines and mineral lands of all lliud,, oil, coal and tim her lands real and persona! estate, water and water rights, to work, explore, operate and develop the same; to purchase or otherwise acquire, erect, own, operate and dis pose of smelling and ore reduction works, oil refneries, saw mills, and power plants; to do general man'- featuring and mercantile business; to own, handle and control letters Latent and inventions and shares of its own capital stock and that of other corpor- atiOns, and to vote any shares of siock owned by itt the same as natural per son might do; 10 issue bonds, notes, debentures, and other evidences of in- debtedness and secure the pay ment of the same by mortgage, deed of trust or 10 act as agent, trustee, broker, or ill any other fiduciary capa- city, and 10 borrow app loan money; 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, in any part of the world, as the Board of Directors may deem to the advantage of the corporation.
 ARTICLE III. The capital stock of the corporation shall be One Hundred Thousand Dollars, ($l00000 00), divid- ed into One Thousand shares of the par value of One Hundred Dollars, ($100 % each, which shall be paid for at such times and in sucL manner as the Board of Directors may designate All or any portion of the capital stock may be issued i'll payment for real or personal property, services, or any other right or thing of value, for the uses and purposes of the corporation, and when so issued shall become and be full-paid, the same as though paid for ill 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 shares of capital stock shall be issued until fully paid for and thereafter shall be non- ssessable.
 ARTICLE ". The commencement oe these Articles are ii ed in accord ance with law, and the termination thereof shall bs twenty years thereafter, with privilege of renewal as provided by statute.
 ARTICLE " The affairs # the cor poration shall be conducted by Board of Directors aEd such officers as the said Directors may elect ur appoint. The number of directors shall toe des- ignated by the stockholders and shall be elected from among the stOckhold- CTS at their annual meeting to be held on the second Monday in Jnnuary of each year. Until the first annuul meet ing of stock lolder5 and until their sue cess ors have been elected and have qualified, the following named persons shall be the directors: t. NJ. French, C. N. Cotton, M. w. Dddey, d Leo D. Ddze.
 ARTICLE VI. The directors shall have the power 'oadopt, amend and re- send 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 mittee with all the powers granted tue directors by these Articles.
 ARTICLE VII. The highest amount of inde btedness or liability to which the corporation is at any time to sub ject its If is Sixty five Thousand Dol lars ($65, coo 00).
 ARTICLE VIII. The private property of the stockholders of the corporation shall be foraver exempt from it's debts Ill .c,r,s,