Bisbee daily review., 1917-09-04
LEGAL NOTICES
ARTICLES OF INCORPORATION.
Know All Men by These Presents

Know All Men by These Presents
 That we, the undersigned, having associated ourselves together for the purpose of forming a corporation un- der the laws of Arizona, do hereby adopt the following ARTICLES OF INCORPORATION:
 ARTICLE l.
 The incorporators are:
 J. w. F. Smith, whose postoffice ad- dress is Bisbee, Arizona, and
 R. E. Hines, whose postoffice ad- dress is 213 Lawton street, Fl Paso, Texas. and
 D. E. Gibson, whose post office ad- dress is Canon City, Colo, and the name of the corporation shall be:
 THE GIBSON-HINES LUMBER
 COMPANY"
 Its principal place of business with in Arizona, shall be BISBEE, ARIZO- NO, but other offices may be estab- lished and maintained within or out side of Arizona, at such places as the Board of Directors may designate, where meetings of stockholders and directors may be held and any and all corpofate business transacted.
 ARTICLE II.
 The general nature of the business proposed to be transacted is buying and selling of lumber, at wholesale or retail, and such other goods, wares and merchandise as are usually kept by retail lumber dealers, including coal and hardware, to own, handle and control letters patent and inventions and shares of its own capital stock and that of other corporations and to vote any shares of stock of other corporations owned by 1t the same as a natural per son might do, to borrow money and to issue bonds, notes, debentures and other evidences of indebtedness and secure the payment of the same by mortgage, deed of trust, or other. wise; to act as agent, trustee, broker, or in any other fiduciary capacity; and in general to perform such acts and things and transact such business in connection with the foregoing o5- jects, mot inconsistent with the law, in any part of the world, as the board of directors may deem to the advan- tage of the corporation.
 ARTICLE III.
 The capital stock of said corpora tion shall be FIFTY THOUSAND DOLLARS (s5O,GOO) divided into 5O,. 900 shares, par value of ONE DOL LAR EACH, which shall be paid in, at such time as the board of directors may designate, in cash, real or per sonal property, services, lease, option to purchase, Or any other valuable right or thing, for the uses and pur- poses of the corporation, and all shares of capital stock, when issued in exchange therefor. shall thereupon and thereby become and be full-paid the same as though paid for in cash at par, and shall be nOn-assessable for. ever, and the judgment of the direc. tors as to the value of any property, right or thing acquired in exchange for capital stock shall be conclusive.
 ARTICLE ".
 The commencement of the corpora ton shall be the date of the issuance to it of a certificate of incorporation by the Arizona Corporation Commis- sion, and it shall endure for the full term of twenty-five years thereafter with privilege of perpetual succession as provided by statute.
 ARTICLE V.
 The affairs of the corporation shall be conducted by a board of directors and such officers as the said directors may elect Or appoint. The number of directors shall be designated by the bylaws, and shall be elected from among the stock holders at their an nual meeting to be held on the second Monday in June of each year. conven- ing at 10 o'clock A. NJ. Until the first annual meeting of the stock holders and until their successors have been elected and have qualified, the follow ing named persons shall be the off cers and directors:
 D. E. GIBSON, F. G. HINES and R. E. HINES.
 ARTICLE VI.
 The directors shall have power to adopt, amend and rescind bylaws, to fill vacancies occurring in the board from any cause. and to appoint from their own number an executive com mittee and vest said committee with all the powers granted the directors by these articles.
 ARTICLE VII.
 The highest amount of indebtedness or liability to which. the corporation may at any one time subject itself is THIRTY-THREE THOUSAND DOL LARS (S33, 3,0O0).