Arizona silver belt., 1900-01-04
ARTICLES OF INCORPORATION
OF THE Arizona Exploration COm'y.

We. James A. Fleming. Porter w. Flem- | ing, Charles S. Fleming, Richardson Elem.
 ing, Henry \. Fry, hailes F. Coloney and
 Eints, l.. Tustiu. desiring to il corI,nraSe onr.
 selves. under the prov lsiuns of the laws of the
 Territory ot Arizona, and especially under
 Title XII ot the i,ed Statutes of the Ter
 rtnry of Arizona. concerning corporations
 approved March s, lSS7 for the purpose of
 engag ng in the lawful enterprises, business.
 pursuit and oc upation hereinafter specified,
 dn make, subscribe and acknowledge accnrl-
 ing tu law these Articles of lnourlu. atiun
 and declare:
 First The name assumed by this Corpora.
 tim, and by which 1t shall be known is the
 "Arizma Exploration Comp ny" and it's
 principal p'ace ot traustcting business is in
 the City uf Philadelphia, County nf Philadei.
 phia, State nf Pennsylvania, and iJ shall have
 branch offices for the purpose of trausactiny,
 any and all husiuess nf any kind ant nature | whats teN CT, in tue town of Globe and County Y | of i'ila, Territory o' Arizona and at such other places as the stnckho ders may from tiae tn time designate.
 Second The general nature of the business
 proposed tn he transacted k mining and as n-
 oitental thereto this Corporation proposes to ! acquire by locaIi n, purchase or otherwisr
 mines of copper, gold, silver, lead, coal and
 mines nf all other kinds and nature whatso- l evAr and to operate, lease or sell the same: to | erect and mtintan mills. re iuction works teaching pl n.s, cnncentrators, concentrating works, and any and all kinds of mining aud l milling machinery; to acquire, construct own | and operate railways, tramways, turnpikes | canals to lead from it's principal works or l place uf business to some navigable stream, ar
 to some existing railroad, turnpike or public | highway; to erect. operate and maintain | boarding houses. hotels; tn do a general mer- | chandise business; to acquire by purchase, b. | cation and in any other lawful manner real
 estate, lands and all other kinds of property. real, pei snnal ani mixed; to lay out, construct | and acquire by purchase ar in any other law | ful lnanner, and accept, hold possess, enjoy, operate, use franchises from any Sta or Ter
 ritnry of the United States, or any county, municipal or private corporation, wagon
 roads, mills, factories. houses, capital stock and bonds of corro. atiuiis. chattels, goods wares and merchandise. chooses in action; to hny. manufacture, sell and deal in all kinds of property, real personal and mixed, cleo
 trcal appliances for driving machinery, motor power for prol,el ing any and all kinds of mechanical appliances where electricity is ap- picahle; telephones and telegraph lines, elec- tric lgh B. transacting any and all kinds of
 business which may be transacted hy natural
 D rsnn; to held, cultivate, prove up, use and enjoy the same, and to alenate, sell lease. de- mise and dispose of the same, or any part thereof, well as any other property this Corporation pnssesSes he seized of or be en. titled to: to borrow money and contract tn re.
 pay the same at such time ar times and with such rate ur rates of inter st as its Board of
 Directors deem proper and see fit. and to hypothec 'te, mortgage or pledge all or any part nf the property which this Corporation may hereafter acquire; t0 secure payment of snch money with interest, or tn secure the payment of any delt of this Corporation, with such interest thereon as it may be legally obliged to pay.
 Thiri-The amount of the capital stock of this Corporation shall be one million and ten thousand dollars tSl GIG, ,O00l divided into one hundred and one thousa shares nOl 0OOj, nf the par value nf ten dollars each, and the time when and the cordltions upon which it k to be paid are as follows tp-wit:
 The whole nf said capital stock shall be D il in, in property necessary for the purI ose of the Corporation npnn resolution nf the Board "f Dlreetcrs and evidence ot title and value satisfactory to them.
 Fnurth-The time of the commencement of this Corporation shall be the day of the filing 'f these Articles for record in the office nf the County Recorder of the County uf tiila. in the Territory of Arizona. and the trrrnina- tinn thereof shall be twenty-five years there. after
 Ffth--Thc affairs of this Corporation are to be and they shall be conducted by Board of Directors, consisting of seven t7l persons who hall be elected annual un the first Monday after the first Tuesday in December. or as soon thereafter as practicable, by the stock. holders at such time and manner as shall be | prescribed by the by. laws nf this Corporation: 1 and hereafter no person shall be eligible to the | n'Fice nf Director un'e.s he is 9 stnckhoder in the Corporation; >ai Board of Directors shall | have full ? wer tn hll vacanci's in their nnln. her and may elect snch officers and appoint SuGh committee or committees from their own | number tn aid in the management of the bHsi. | ness, and in conducting of the affairs uf the | sail Corporation they may seq 1t, and vest in su h officers and in said committees all such | bowers aS they may deem expedient The | following named persons. who are subscribers | hereto, shall constitute the Bnard of Directors | of this Corporation for the first year. and | un'il their successnTs duly qualified, shall he | elected. to wit: James A. Fleming Porter w, Fleming, Charles & Fleming Richarison | Fleming. Henry X. Fry, Charle~ F. Cnloney md Ernest l.. Tustn. and thereafter if any | Director shall cease to be a stnckhnlder he shall cease to he Director. Tmmedi ,elv or as snnn ns Tracticahle after the filing of these Articles in the office of the C,nntv Recorder af the County of Gila. Territory of Arizona, the persons named herein az Directors tn $ rye f'r the first ve'r and until their success p'S. uNN VNalHei. Nnali he elscfed. shall meet | and organize Board of Directors, adopt bv-laws and prescribe in said hv.laws the method of calling meetings of the Board of Directors and stockholders
 Sixth The hi sheSt amount nf Indebtedness or liability direct pr contingent, to which this Corporation is at any time to ha subject is the snm of ten thousand dollars tS10.0G0l.
 Seventh The stockholders of this Corpora ton ano their private property shall be ex- em t from the Corporate debts of this Cor ppration.
 Eighth h-The Board of Directors of this Cor poratinn shall have power to establish by-laws and make all rules and regulations deemed ex- pedient for thcmana cement of the affairs of this Corporat n and the officers thereof. not inconsistent with the Constitution and laws of the United States and the laws of the Terri to~v of Arizona.
 In witness whareof. we have hereunto set nur bands and seals this 12th day of Decenl. har, A. D. 1899
 'Saan LANES A. FLEMING. 'Sean PORTER w. FLEMING. SeaD CHAS. & FLEMING. Seal) RICHARDSON FLEMING. Seall HENRY 4 FpY.
 S-all CHAS E. COTONFY. Seall ERNEST l.. TUSTIN.