The Winslow mail., 1923-06-29
ARTICLES OF INCORPORATION.


KNOW ALL MEN BY THESE PRE-
SENTS: That we r. G. BazelI, G. G.
Hall and T. NJ. Quebedeaux, all res
idents of WinsloW, County Of Navajo,
state of Arizona, do hereby associate
ourselves together for the purpose
Of forming a corporation, under and
by virture of the laws of the State
of Arizona and we do hereby certify
and declare as follows towit;
ARTICLE 1
The names of the incorporators
are as follows, towit; r. G. Bazell,
G.. C. Hall and T. NJ. Quebedeaux;
that the name of the corporation shall
be, and is the STANDARD Lumber
Mills Inc;" and that the principal
place in which the business of said
corporation is to be transacted in
Arizona shall be, and is at it's lumber
mills near Pineda1e, with head Of
fee in the Town of Winsl0w, both in
Navajo County, State of Arizona.
ARTICLE II
The objects for which this corpor-
alton is formed and organized, and
the general nature Of the business
proposed to be transacted by this
corporation are as follows, towit; to
operate saw mills, manufacture all
classes of lumber and timber pro-
pOducts, to own, sell, raise, trade
and deal in all classes and kinds of
goods and merchandise, to acquire
by purchase or otherwise, and to
own, sell, buy convey, hold, lease,
mortgage or cucumber real estate
and other property, timber rights and
timber and mixed or personal prop
erty; to borrow money by mortgage
or other charge, to issue bonds or
other evidences Of indebtedness to sell
dispose, of, or cucumber, all, or any
part of the property of the company,
subject to the limitation hereinafter
prescribed; to make contracts, to
purchase lease, locate, or otherwise
acquire own, exchange, sell, pledge,
mortgage, hypothecate, and deal in
any all kinds of real estate and per-
sonal property; to own, buy sell and
handle shares of its own capital stock
| and that of other corporations; to
make all contracts and agreements
necessary or proper in the premises;
to act as holding company for stocks
or bonds or other evidences of indeb-
tedness of other companies; and, In
general, to do and perform such acts
and things and transact such busi-
| ness in connection with the fore
going objects, not inconsistant' with
law, in any part of the world, as the
Board~of Directors may deem to the
advantage to the company.
ARTICLE III
The Capital stock of the Corpora
ton shall be One hundred thousand
dollars ($1OO,O0O.O0), divided into one
hundred thousand shares Of the par
value of one dollar each, which shall
be paid. in, at such time as the board
of directors may designate, in cash,
real or personal property, services,
leases, timber rights, option to pur-
chase, or any other valuable right or
thing, for the uses and purpose of
the corporation. and all shares of the
capital stock when issued in exchan-
ge therefor, shall thereupOn and
thereby become and be fully paid
the same as if paid for in cash at
par, and shall be worcestershire
forever, and the judgment of the
Board of Directors as to value of
any property, right, or thing asqufr-
ed in exchange for capital stock shall
be conclusive in the absence of any
actual fraud in the transaction.
ARTICLE "
The commencement of the corpor-
alton shall be the date Of the is
suance to it of a certificate of incor-
poration by the Arizona Corporation
Commission, and it shall endure for
the full term of twenty five years
thereafter, with privilege of perpe-
tual succession as provided by
statute.
ARTICLE V
The affairs of the Corporation shall
be conducted by board Of Directors
and such officers as the said direc-
tors may elect or appoint; and the
number of directors shall be not less
than two or more than three, and
shall be elected from among the
stockholders at the annual meeting
to be held on the second Monday in
January Of each year, and until the
first annual meeting of the stock
holders, and until their successors
have elected and have qualified, the
following named persons shall be