The Tucson citizen., 1902-07-26
ARTICLES OF INCORPORATION
- of the, Mo -t
GUYMAS SMELLING AND REIN
ING COMPANY.

Wilson, Frederick Is. Jones and Wal
liam f. Lown, propose TO form a cor
poraton under the revised statutes OF
the Territory of Arizona, and for thar
purpose do make, sign and acknowi-
edge according to law, and adopt the
following Articles of Incorporation.
ARTICLE ].
Tie name of this corporation shall
/ be C., ymas Smelling and Refining
Company, and its principal place for
transacting bushes shall be in the
City of Tucson. in the County of Pima.
Territory of Arizona, with a branch
office in the City Of New York, togeth-
er with a branch office in the City OF
Guaymas, Republic of Mexico. and
branch Offices also in any State or Ter
ritory of the United States of America
and elsewhere as the business OF the
Company may require.
ARTICLE II.
The general nature OF the business
proposed TO be transacted by the
said corporation is a general mining,
milling, smelling and reduction bus
mess: the buying. selling leasing
bonding and working of mines, or@s
and lu-lion: the building OF roads
anu IdInhdNS. llC puIIhlu6, OPNAt''hS
or leasing OF railways, telegraph. tel
ephone lines; the building and con-
tructing Of wharfs, lighters, and the
building, buying or leasing. and oper-
ating of vessels used for the carrying
of passengers, workmen, ores. bullion,
concentrates, etc; to acquire by pur-
chase or otherwise in the United
States or the Territories thereof, Re-
public OF Mexico. or elsewhere, real
estate and mining properties, tunnel
and mill sites and water wrights, and
work, mine, tunnel and otherwise
develop mines, erect necessary build
ings mills, smelters. red19Won plants,
machinery and appliances, and pur-
chase material for the same and for
the proper working thereof; to mine
for gold. silver. copper. lead, iron and
lother minerals: to sell. mill, melt re-
duce. refine or otherwise prepare the
Same for market; to export and i'm
port to. from, and In Mexico, United
States. the various countries OF
Europe and elsewhere: ores, bullion
copper matte and other products from
the works OF said company; to work,
handle and control inventions and let
tiers patent relating to and incident to
the mining milling, smelling of ores
to buy. sell. own. use and control real
estate. water rights. mill sites. machi-
merry, APPLIANCES. fixtures. b0ildings. let
ters patent and Inventions. to form
other corporations and own, buy or
sell stock and bonds or other secnri-
ties in them and various corporations
whether they may be mining. smelt-
: ing, milling. railway, telephone. tele-
graph or other business or industrial
corporations: to borrow money, Issue
bonds. and to mortgage. pledge or 9th
erwise dispose of any or all OF its cor
porate property for the security ant
, payment Of any OF its Indebtedness
and to do any and all things, and Il
acquire all property. real and personal
which may be requisite and necessary
' to carry into effect the objects fol
J which the said corporation, Is formed.
ARTICLE III.
The amount Of capital stock shall b,
the sum OF two million dollars $4,000.
000) divided into two hundred
thcasand (200,080) shares of the pll
value of ten dollars $4,000 each
which capital stock shall be paid In
upon the call Of the Board of Directors
of this corporation. and shall be for.
ever worcestershire, and each certif.
icate when issued shall state upon The
face the number of shares represented
thereby. and that the same Is full
paid and forever nonassessabIe. Tha,
100000 of the $2,000,000 authorized
capital stock OF this company, viz:
10000 shares of the par value OF 5000
per share or so much thereof as may
be sold from time to time. shall be
issued as preferred stock, upon and
subject to the following terms and
conditions. viz: Said preferred stock
shall entitle the holder thereof 10
receive out OF the net earnings. and
the company shaft be bound to pay
from the same, a. hxsd yearly dividend
of ten per centufn, but no more. pay
able semiannuafls, before any div
idend shall be set apart or paid on the
common stock. AN said stock. wheth-
er preferred or common, shall be is
sued paid up and nufl-assessable. in
exchange for cash. services or prop
erty. The company shall not do any
bushes apart from its own organiza-
tion until 10000 shares of the entire
issue have been subscribed for.
ARTICLE Nv.
The highest amount of Indebtedness
or liability. direct or contingent. to
which this corporation shall at any
time subject itself, shall be $1,000. 600,
or fifty per cent Of the entire captali-
zation.
ARTICLE V.
The private property OF the stock
holders of this corporation shall be
exempt from liability for its corporate
debts.
ARTICLE VI.
The time of the commencement of
this corporation shall be the day on
which these Articles shall be filed in
the office OF the County Recorder Of
Pima County. Arizona Territory, and
the corporation shall continue for the
term of twenty-five years thereafter.
ARTICLE VII.
The government of this corporation,
and the management and control of
its affairs and business. shall be con-
Quoted by Board of seven Directors.
to be elected at the anual meeting of
the stockholders, which shall be held
nf hn