The copper era., 1901-12-26
ARTICLES OF INCORPORATION
OF THE
CLIFTON HEIGHTS LAND AND
 POWER COMPANY.

POWER COMPANY. KNOW ALI MEN By THESE PEEsESrs:-That We, the undersigned have this day voluntarily associated ourSclvc, together for the purpose of forming a corporation under nni by virtue of Title XII. Chapter . entitled ''Corporations in General Of the Revised Statutes of Arizona of 1901. for the objects and purposes hereinafter set forth. The names of the incorporstor> arC A. C. Den man. jr., Joseph Schodcr. F.. r. Evcrhardy. Ben NJ. Crawford. and Hcury Lsub. and the corpor- ate name os said corporation Is the clifton Heights Land and Power Company. and the principal place of business of said corporation shall be at Clifton. Graham county, Arizons Territory.
 That the general nature or the business pro posed 10 be transacted by said corporation is the buying. leasing. selling and improving of real estate buying building. selling and leasing houses and tencments. and generally thc doing and transacting of a general real estate business and everything that is necessary and identical 70 such business; also, tl own. operate and con- trol any electrical or gas plant or plants or ap- pliances for generating. developing and convey ng gas or electricity for power, hest or heht md to buy and sell or otherwise obtain or dis pose of such electrical and gas plants, appli- ,nces, power, heat and light. and to own. opcr- .te and control telegraph and telephone lines, water works electric, steam or cable railways. md tramways.
 The capital stock of said corporation shall be Three Hundred Thousand Dollars 10 be divided ,.N 1.a omiuation of one do'lir each and the time when and the conditions upon which it is to be ,,id are as follows to-wit; The whole of said apita! stock shall be paid in. in property or cash necessary for the purposes of the corpora ton. upon resolution ot the Board of Directors, and evidence of title and value satisfactory to it, md the shares of stock of this corporation shall be fully paid up and forever non asscssable for any purpose whatever.
 The time of the commencement of this corpor- ation. shall be the day of the fling of these ar tices of incorporation for record in the office of the county recorder of said Graham county, and thc filing for record Of certified copy of the same in the office of the Secretary of Arizona, and its termination shall be twenty-fivc years thereafter. Tie afa rs of said corporation shall be con ductcd by board of five directors. The first board of directors shall consist of A. C. Den man, ir., Joseph schoder. l.. F. Everhardy, Ben NJ Crawford and Henry Lsub the undersigned ncorporators, who shall hold office until their successors are elected and qualified; thereafter said board of directors shall he elected by the stockholders of this corporation on the first Wednesday in December or each year.
  The officers of said corporation shall consist of q president. vice e-president secretary and treasurer. The president, vicc-president and treasurer shall be members of the board of di- rectorS and shall be elected by the said board at the first meeting held by said board after its appointment or election. Any director may hold more than one office The highest amount of indebtedness which said corporation may al any time subject itself to shall not exceed fifty thousand dollars.
 VIU. That the private property of the stockholders Of this corporation shall be exempt from liabil- ity for the corporate debts IN WITNESS WHEREOF we have hcrcunto set our hands and seals this 9th day of December, A. D. 1901 A. c. DENMAN, JE. ISenlI
 JOSEPH SCHoDER. Scall
 F. F. EvERHAEDY. I5eall
 BEN NJ. CRAWFORD. lScall
 HENEY IAUB. iSeal Territory of Arzona,l ,.