The Coconino sun., 1913-08-15
ARTICLES OF INCORPORATION OF COrONINO LUMBER X
 TIMBER COMPANY

visions of chapter 49 of the session laws of the regular session of the first legislature of the State of Ari- zona for the year 1912 and the Acts amendatory thereto and thereof and for that purpose do hereby agree upon and adopt the following Articles of Interpretations:
 Article [.
 The name of this corporation shall be Coconino Lumber X Timber Com pany.
 Article II.
 The names and residences and post office addresses of the incorporators are as follows:
 F.. l.. Beutke, the town of Flagstaff, in the State of Arizona; P. k. Beutke, the town of Flagstaff, in the State of Arizona; F. O. Pride, the town of Flagstaff, in the State of Arizona.
 ARTICLE III.
 The principal place of business and the principal office of this corporation shah be at the railroad station of Riordan, in the County of Coconino, State of Arizona, Branch office or offices may be established by the board of directors at any other place in the State of Arizona.
 Article ".
 The general nature of the business to be transacted and carried on by this corporation is to acquire, hold, lease and sell timberand timber lands, to build, construct and operate saw mills, blaming mills and other plants for the manufacture of lumber. The manufacture of lumber, boxes, doors, sash, blinds and to deal in and buy and sell wood, lumber, or anything manufactured therefrom. To buy, sell, own and operate plants for the manufacture of wood products and any and all by-products of wood. To acquire, construct, and operate electric light plants, telephone and telegraph lines, water rights, reservoirs, fumes, ditch and acqueducts; so far as same may be deemed, by its Board of Direc- tors, necessary or desirable for the carrying on and maintenance of it's general business. To construct, ac- quire. own and operate logging rail roads, but not as common carrier !, and other roadways deemed necessary or proper by its Board of Directors for the carrying on of its principal business. To buy, lease, or other wise acquire, own, and control any and all real or personal property, which in the judgment of its Board of Directors may be necessary or de- sirable in the conduct of its business. To mortgage or pledge any or all of its property to such extent, and at such times, as its stockholders may see fit. And to do all and everything necessary or proper for the accom- plishment of any of the purposes or the furtherance of any of the powers herein before set forth.
 ARTICLE V.
 The time of the commencement of this corporation shall be the date of the filing of certified copy of these Articles with the county recorder of the County of Coconino, in the State of Arizona, and shall terminate twenty-five years thereafter.
 ARTICLE VI. The amount of capital stock of this corporation shall be One Hundred Thousand Dollars (Sl00, GOO. 00) divided into shares of the par value of One Hundred Dollars (S10000) each. Such stock shall be issued under the direc- ton of the Board of Directors and shall be fully paid for at the time of delivery. The Board of Directors may authorize and cause the stock of the corporation to be issued in exchange for real or personal property, and the judgment of the Board of Directors, as to the full value of such property shall, in the absence of fraud, be conclusive.
 ARTICLE VII.
 The prudential and business affairs of this corporation shall be conducted by the Board of Directors, consisting of three persons who shall be elected at a meeting of the stockholders held on the first Tuesday in the month of January of each year, beginning with the year 1914.
 ARTICLE VIII.
 The private property of the stock holders shall be forever exempt from corporate debts of any kind, whatso- ever.
 ARTICLE Tx.
 The officers of this corporation shall be a President, General Manager, a Secretary and Treasurer. The same person may be chosen to fill two or more of said offices.
 ARTICLE x.
 The following named persons have been selected and shall constitute the Board of Directors until the first an- nual election: E. l.. Beutke, P. E. Beutke, r. o. Pride. The officers of said corporation who have been selec- ted and shall serve until their success ors are duly elected, are as follows: President and General Manager, P. F. Beutke; Vice-President, Secretary and Treasurer, E, l.. Beutke.
 The Board of Directors shall have the power to fill vacancies in it's mem- bership and in the offices of the incor- poration. The Board of Directors may adopt a common seal, and shall adopt bylaws and may amend or repeal the same, and shall have power and