The Holbrook news., 1920-02-06
Articles of Incorporation
THE HALL LUMBER COMPANY

KNOW ALL MEN By THESE PRES
 ENTS:
 That we, the undersigned, dC hereby associate ourselves to. gether for the purpose of form ing a corporation under and pur. suant to the laws of the State o1 Arizona. and for that purpose dc hereby adopt articles of Incor. poration as follows:
 ARTICLE I.
 The name of the corporation shall be THE HALL LUMBEF COMPANY.
 ARTICLE II.
 The principal place of business of this corporation within the State of Arizona shall be at Hol- brook, Navajo county, Arizona, and at such other places as the Board of Directors may deter mine. where meetings of direct ors may be held and all business transacted.
 ARTICLE III.
 The general nature of the bus- mess proposed to be transacted, is to make contracts. to pur- chase, lease, option, locate and otherwise acquire, own, ex- change. sell or otherwise dispose of. pledge. mortgage, hypothe- cate and deal in real estate, lum- Der. shingles, coal, paint, lead, oil. building paper, roofing, roof ing paper, hard ware, finish ma- terial of all kinds, and each, all and everything usually kept in a lumber yard; to buy. sell. own, hold, lease. mortgage and gen. orally to deal in real estate of every kind and character; to own, handle or control letters patent and inventions; to do a general manufacturing and mer- cantile business; to hold, buy, sell and generally deal, in, own operate in pipe lines and electri- cal plants. to issue bonds, notes and other evidences of indebted ness, and to secure payment of the same by mortgage, deed of trust or otherwise; to act as agent, trustee. broker or other iduciary capacity. and to borrow and loan money; and to do and perform acts and things, and transact such business not in- consistent with law, as the board of directors may deem to the ad- vantage of the corporation.
 ARTICLE ". /
 The authorized amount of cap- ital stock of this corporation shall be Thirty thousand ($30.- Dollars, divided into Three hundred (300) shares of the par value of One Hundred ($100.00) Dollars each, which shall be paid at such time as the board of directors may desig- nate, in cash, real or personal property, service, lease. option to purchase, or any valuable right or thing. for the uses of the corporation; and all shares of capital stock when issued in exchange thereafter, shall there upon and thereby become and be fully paid. the same as though paid for in cash at par, and shall be non-asesssable forever, and the judgment of the directors as to the value of any property, right or thing acquired. in ex- change for capital stock shall be conclusive.
 ARTICLE V.
 The time of the commence ment of this corporation shall be the date of the filing of the certi- fled copy of these articles of in- corporation in the office of the office of the Corporation Com mission, and the termination thereof shall be twenty-five (25) years thereafter. with the privil- eges of renewal, as provided by law.
 ARTICLE VI.
 The affairs of this corporation shall be conducted by board of directors of three (3) members, and such officers as the directors may elect or appoint, and the following names shall constitute the board of directors until their successors are elected and have been qualified.
 G. c. HALL. w. H. CHAM BERLAIN and D. J. THOMAS, of residents of Holbrook. Navajo