The copper era. (Clifton, Graham County, Ariz.) 1899-1911, 1901-07-04
Articles of Incorporation, Home
Copper Company.

We. John c. Molder y. L. Jenkins, II. A.
scheL, E F. Everhardy and J. W. Poor
man. have this day associated our
| selves together for the purpose Of forming q
| corporation under the provisions of the laws of
/ the Territory Of Arizona, and especially an Act
| of the Legislative assembly thereof, entitled
An Act Concerning Corporations approved
March 5, 1857, for the purpose of engaging in
and carrying on the lawful business, enterprises
and pursuits hereinafter named and specified;
And we do hereby make, subscribe and ac-
| knowledge according to law these Articles of
Incorporation. in trplicate, and certify and de-
clare:
The name assumed by this corporation and
by which il shall be known, is HOME
COPPER COMPANY" and its principal place of
! transacting business is in the town of Morenci,
| Graham County. Arizona, and the time of the
commencement Of ihis corporation shall be the
| day of filing ~ articlvs Of incorporation in
| the office of the County Recorder of the said
| County of Graham. and the termination thereof
| shall be twenty-five years thereafter
The general nature of the business proposed
| TO be transacted, is, mining and to acquir by
| location, purchase or otherwise, mines of cop
per gold and silver, and mines of all other
kinds and nature whatsoever and TO operate
the same; TO erect and maintain mills, reduc-
ton works, Concentrations, and any and all kinds
of mining and milling machinery; TO acquire,
cor struct, own and operate railways, tramways
and wagon roads: to erect operate and maintain
boarding houses, hotels, and to do general
merchandise business; to acquire by purchase,
location and in any other lawful manner, real
real, personal and mixed, electrical appliances
for driving machinery where electricity is
applicable, telephone and telegraph lines, cleo
trio lights to build, construct, own and control
water bitches, fumes and pipe lines, and reser-
voirs: and to ALLEVIATE sell, lease demise and dis
pose of the same, or any part thereof as well as
any other property this corporation posse sses,
be seized Of or be entitled to; 10 borrow money
and contract TO repay the same at such time or
times and with such rate of interest as its board
of Directors deem proper and see fit and. to
mortgage or pledge all or any part of the prop
,fsg, hnrn
quire, to secure payment OF such money with
interest. or to secure the payment of any debt of
it may legally be obliged to pay.
III.
The amount of the capital stock of this cor
poration shall be five hundred thousand dollars,
divided into five hundred thousand shares of
the par value of one dollar each, and the time
when, and the conditions upon which it is TO be
paid are as follows. to-wit The whole thereof,
Immediately upon making subscription there
for, and the said stock shall be fully paid before
issued and non assesSable thereafter.
The highest amount of Indebtedness TO which
this corporation is to subject itself, or become
liable for, is the sum of TWENTY-FIVE thousand
dollars.
The stockholders of this corporation and their
private property shall be exempt from the cor
pOr"te debts of this corporation
they shall be conducted by Board of Directors
consisting of five persons. who shall be elected
among their number, as shall be prescribed by
the bylaws of this corporation, and no person
shall be eligible to the Office of director unless
he is a stakeholder in this corporation.
The following named persons, who are sub
scribers to the capital stock of this corporation,
shall constitute the Board of Directors of this
corporation for the first year and until their
successors duly qualified, shall be elected, to-
wit John, G. Molder, n. L. jenkins,
II. A. Schell, f. F Everharty and J.
w. PoOrman. Any person ceasng to be
stakeholder shall cease to be a director and the
vacancies in the board of directors shall be filed
by the remaining members of the board. I'M
mediately, soon practicable. after the
filing of these articles in the Office of the County
Recorder, of the County of Graham, Territory
of Arizona, the persons herein named direc-
tors to serve for the first year. and until their
successors, duly qualified. shall be elected
shall meet and organize as Board of Directors,
adopt bylaws and prescribe in said bylaws the
method of calling meetings of the Board of
Directors and stockholders.
VII
The Board of Directors of this corporation
shall have power TO establish bylaws and make
all rules and regulations deemed expedient for
the management of the affairs of this corpora
ton and the officers thereof not inconsistent
with the Constitution and laws of the United
States aud the laws of this Territory.
In witness whereof, we have hereunto set our
hands and seals this 2Ith day of May, \. d.
1901.