Arizona silver belt., 1900-01-18
ARTICLES OF INCORPORATION
OF THE Arizona Exploration COm'y.

We. James A tlemin.. Porter w. Elem. ] ing, Charl,s .. rlenlnS, H!cnarisun Fhm-
 Ing, Henry A. Fry, narles E. Loruney amt
 Ernest l.. Tus;in desiring II cor "raie our | selves, under the proN lsIulIs ut ihe aws of the
 Territory "i .Aril"na, and especially under Title XII of the re, Ised Statutes of the Ter
 ritury uf Arizona, non ernns corporations i approved March $, 1857, tol the purpose Of
 engag ng in the lawful enterprises, business pursuit and nc upati 'n hereinafter specified,
 d. mdke, subscribe and acknowledge Icc ,ri- ing tn law the Articles of mUurlu, utiun
 and declare:
 First The name ascumed by this Corpora. | tirn, and by which it shall he known Is the l Arizona EXuluration Comp ny, and it's
 principal r ac. or trans Ictns business is in
 the City of Philadelphia County of Philadel.
 phia, State of Pennsylvania, and it -hall have
 branch office, for the purpose oi trausacting
 any an all huSiuess nf any kinl an nature | whatsueN CT, in the town of tilube and County ] of tiila, Ter tnry o Arizona. and at such |! other places aS the stnckho ders may from time tn time designate.
 Secnni-The general nature of the business 1 proposed to he transacted is mining and as in- | Ciien'al thereto this Corporation proposes tn ! acquire hy locali n, purchase otherwise, | mines ui copper, gold. silver lead, Cual and mines of all other kinds and nature whats,,.
 
 erect and mtintain mills re uctinn works,
 teaching pl n's, concentrators, concentrating
 works, and any and all kinds uf mining aui ! milling machinery; to acquire, construct own | and npera'e railways, tramways, turnpikes canals to lead from it's prin ipa works or | place of business tn sGHe na, iQlhe dream. or l tp some existing railroad, turnpike OF public highway; t0 erect. operate and maintain boarding houSes. hotels: to do general mer- plunHisp hugnRga. f, agyt,ipa l,Nrt, t,tpal,nsa 1,
 cation an in any other lawful manner real
 estate, lands and all other kinds ut property.
 real, per sunal ab mixed: tO lay put, construct and acquire. by purchase ar in any other law iul manner and accept hold, possess, enjoy. operate, use fp,nchisrs from any Sta e or 1 err ritnry of the United States, uT any county,
 m nicipal ur private Gp pnratnn wagon roads, mills, factories. houses, capital stock and honIs of corr o.ations. chdttels. goods
 wares and merchandise. chos,s in action: tp buy, manufacture, sell and teal in all kinds nf property. real personal and mixed. cleo trical appliances for driving machi, cry, iuntnr power for prnpel ing any and all kinds of mechanical appliances where elect icity is ap. plicahle; telephones and telegraph lines, cleo. tric liGh transgcting any and all kinds of business which may he transacted hN a natural D rsnn; to hold cultivate. prnye up, use and enjoy the same, and to alienate, sell lease, de. mise and diSpose ui the same, or any part thereof. as well as any other property this Corporation pnSSessss l'e seized Of or b, en- titled tn: tn borrow money and contract tn re pay the same al such time or times and with such rate nr rates of inter st as its Buarh of Directors de III proper and see ft, and tn hyputhec tc, mortgage oT pledge dll or any p,rt of the property which this Corporation may hereafter acquire; to secure payment nf Snch money with interest. or to secnrc the payment of any @eht nf th's Corporation. with such in crest thereon a. it may be legally obliged tD pay.
 ThirI-The amount of tho capital stock of this Corporation shqll he one million and ten thousand dollars tSl Gl0,0GOl divided in'o one hundred ani une thousa shares lOl .OOOl. of the par value nf ten dollars each. and the time when and the corditiuus urnn which 1t i, tn he paid are as follows, t,.wi': The whole of said capi'al stock shall Le ii in in property necessary fo" the purl ose of thr Cnrunratim upun resolution uf the Board oi Directors. and evidence of title ant value satisfactory tn them.
 Fourth The time of the commencement of this Corporation shall be the day of the filing of these Articles far reeorl in the office of the County Recorder nf the County of Gila. in Che Territory of Arizona, and the termina- tim thereof shall be twenty-five years there after
 Fifth The affairs of this Corporation are to | be and they shall he conducted by a Board of Directors, consisting of SC, en t7) persons who 1 shall be elected annual on the first Monday | after the first Tuesday in December, or as 1 soon thereafter as practicable, by the stock | holders at such time and manner as shall he | prescribed by the by laws If this Corporation; | ond hereafter no person shall be eligible to the | office of Director unless he is n stnckholder in | the Corporation; -aid Board of Directors shall | have full n 'wer t0 hll vacancia in their mum. | Der and may elect snch officers and appoint | such committee ar committees from their own | number tn aid nthe management of the busi. | mess, and in condnc'ing of the affairs Of the | said Corporation as they may see fit, and vest in su h officers and in said committee. al such | powers as they may deem expedient The named persons. who are subscribers hereto shall constitute the Board of Directors nf this Corporation for the first year. and until their successors duly qualified shall be l elected. to wit: James A. Fleming Porter w. Fleming. Charles & Fleming. Richarlson Fleming, Henry \. Fry. Cnarle, F. Cnloney and Ernest l.. Tustin and thereafter if any Director shall cease to be a ssnckholder he shall cease to be a Director Tmmedi ielv or as soon as practicable after the filing of these Articles in the office of the Canntv Recorder of the County of Gila, Territory of Arizona, the persons named herein as Directors tn serve fhr the first yenr and until their success. DTS duly qualified. shall be elected. shall meet and organize as Board of Directors, adont bv-laws and rrcscrihe in said hy-lsws the method of, calling meetings of the Board of Directors and stoclholdeS.
 Sixth The hi ,hest anfbEnt of indebtedness nr liability direct ar continent. tp which this Corporation is at any tiuelto he subject is the snm of ten thousand dollars (Sl0 0G0l.
 Seventh storkhoIdarsYif this Corpora. tion ano their? private pr6perty shall he ex- emit from the Corporate debts of this Cor poration.
 Eighth The Board of Directors of this Cor. poration shall have power to establish by.laws and ma1e all rules and regulations deemed ex- incident for the management of the fffairs of this Corporati n and the officers thereof. not with the Constitution and lave of the United States and the laws of the Terri to"v of Arizona.
 In witness whereof. we have hereunto set ,ur hands and seals this 12th day of Decem. her, A. h. 1899.
 Saall JAMES A. FLEMING Sean POTTER W. FLEMING. Seal CHAS. s. FLEMING. Seal) RICHARDSON FLEMING. Sean 'i HENRY A FpY