Arizona silver belt., 1900-01-11
ARTICLES OF INCORPORATION
 OF THE Arizona Exploration COm'y.

We, James A. Fleming. Porter W. Elem | ing, Charl,s 5. Fleming, Richardson Elem.
 ing. Henry A. Fry, hafles E. Colnney and
 Ernest l.. Tus;in. desiring to il corporate our. selves, under the provisions of the ,aws of the | Territory ui Arizona, and especially under | Title X of the revised Statutes of the Ter
 ritury of Arizona, con aemins corporations approved March $. 1887, for the purpose of | engag ng in the lawful enterprises. business
 pursuit and nc upatinn hereinafter specihed l dn make subscribe and acknowledge accurd-
 ing tn law these Articles of lncnrpu: ati,n | ana declare:
 First The name assumed by this Corpora | tian, and by which iJ shall be known is the
 Arizona Exploration Comp ny" ami it's
 principal lace or transtcting business k in
 the City nf Philadelphia, County of philadel-
 pha, State ol Pennsylvania, and it -hall have l branch offices for the purpose of traHsacting
 any and all business of any kind an nature
 whatsoever in the town of Globe. and County 1 Of Gila, Territory Oi Arizona. and at such [ other places the sthckho ders may from 1 time tn time designate.
 Second The general nature of the business 1 proposed to be transacted k mining and as in- | Cidental thereto this Corporation proposes t. ! acquire hy lncari n, purchase IT otherwise
 mines of copper, gold, silver, lead. coal and mines of all other ki,.ds and nature whatsa- | eyer. and to operate, lease or sell the same: to erect and mtintain mills, re Iuctiun works, ' teaching pl nts, cuncentrators, concentrating works, and any and all kinds of mining and | milling machinery; to acquire, construct own | and operate railways, tramways, tuTnpikes canals tn lead from its principal works or place of business Co snme na, iualble stream. nr | to snue existing railroad, turnpike ur public | highway; to erect, operate and maintain | boarding houses. hotels; tn do general ruer- | chandise business; to acquire by purchase. b. | cation and in any other lawful manner real estate, lands and all other kinds ni property. real, per snnal an mixed; tO lay out, construct and acquire, by purchase nr in any other law ful manner and accept, hold, pnSsess, enjoy | operate Use franchises from any Sta c or Ter ritury of the United States or any county. municipal or private 60 puration. wagon roads, mills, factnries, houses, capital stock and bunls nf CnrTo, atinns. chAttes goods wares ant merchandise chosts in action; to huy manufacture, sell and deal in al kinds nf property, real personal and mixed. cleo trcal appliances fur driving machinery, motor power for prnl,rl ing any and all kinds uf mech tnics appliances where electricity is ap. plcahlr; teephuues and telegraph lines. elec. tric iigh s trtnsIC'iug any and all kinds of bG,inrss which may be trans ,cted lN a natural rson; tohnld cultivate prove up use and enjoy the sane, and ta alienate. sell leass.1i.. mise and dispose of the same, ar any part
 
 Corporation puSsessts he seized If or b. en. titled tn: tn borrow money and contract tu re. pay the same at such time ur tunes ani with such rate nr rates of inter st as its Rpard of Directors deem proper aud see ht and tn hypothec Co, mnrtgage or uieiee a!l or any part nf the property which this Corporation may hereafter acquire; t0 secure payment of such money yith interest, or ta secure tht. payment Df any Aeht bf th's Corporation with such interest thereon as it may he legally uhliged to pay.
 Thirl-rb amount of the capital stock of this Corporation shall be one rillieu and fen thousand dollars ,sl CI0,OO0I divided into one hundred an'l one thousa q shares 10I eco. of the par value uf ten dollars each, and the time when and the corditinns u,mn which it k tu he paid are aS fullaws tu-wi': i The whole 0f said capital stpcl, shall be D ii i in, in pruDerty necessary for the purl ose of 1 the Cprpnrati m upon resolution uf the BHaul l nf DirertGrs, and evidence ot title anl value satisfactory tn them.
 Fuurth-The time nf the commencement af | thi, Corporation shall be the day of the Sling 1 of these Articles fur record in the office of the l Cnunty Recorder of the County of Gih in | Che Territory of Arizona, snd the tsrmina. | tinn thereof shall be twenty-five yeurs there. 1 after
 Fifth The affairs of this Corporation are to | be and they shall he conducted by a Bnard of | Directors. consisting of seven (7) persons who | shall be elected annual on the fist Monday | after the first Tuesday in December pr as | som thereafter as practicable, hy the stock. | holders at such time and manner a shall he prescribed by the ny laws df this Corporation; and hereafter no person shall be eligible Co the office of Director un'e.s he ;s a stockhnlder in the Corporation; sail Boarl of Directors shall have f,lll p wer to till vacanci-z in their mum her and may elect such officers and appoint snch committee or committees from their nnn number tn aid in the management of Che husi ness, and in conducting of the affairs uf the said Corporation as they may se4 fit, and vest in su officers and in said committees al snch powers they may deem eypedient The following named persons. who are suhscrihers hereto, shall constitute the Board of Directors of this Corporation for the first year. and until their successors duly qualified shall he elected, to.w wit: James A. Fleming. Porter w. Fleming, Charles $ Fleming. Rch7rl-on Fle,ning. Henry \. Fry Charles r. Cnluney md Ernest J.. Tustin. and thereafter if any Director shal cease Co be a sthckholler he shall cease to be Director. Immadi tr'v or ns sRnn as practicable after the filing of these Articles in the office of the County Recorder of the County of Gila Territory of Arizona, the persons named herein ns Directors t6 serve for the first year. and untH their success ors dulYqualihed shall be elected, ,hall meet and organize as a Board of Directors, adont by-laws and urcscribe in said bylaws the method of calling meetings of the Board of Directors md stockholders
 Sixth h-Tho hi ,hest amount of Indebtedness or liability direct or contingent. to which this Corporation is at any time Ca be subject is the snm of ten thousand dollars lSl0,000l.
 Seventh The stockholders of this Corpora tion ano their private property shall he ex- emit from the Corporate debts of this Cor pprlton
 Eighth The Board of Directors nf this Cor poratior sha.l have power to establish bylaws and ma1e all rules and regulations deemed ex- pedient fnr the management of the affairs of this Corpnrati m and the officers thereof not inconsistent with the Constitution and laws of the United States and the laws of the Terri to"v Of Ariznna.
 Tn witness whereof. we have hereunto set our hands and seals this 12th day of Decen- hor. A.. D. 1899,
 fS,aD JAMES A. FLEMING. fSpnl) PORTER W. FLEMING. (Sesn CHAS. S. FLEMING. Seal RICHARDSON FLEMING. (Seall HENRY A. FRY. an