Arizona republican., 1902-01-06
ARTICLES OF INCORPORATION
 OF THE SONORA MINING AND DEVEI- OPMENT COMPANY OF PHOE-
 NIX, ARIZONA"

PRESENTS: That we. the under signed, have this day voluntarily asso- ciated ourselves together for the pur- pose of forming a Corporation under the laws of the Territory of Arizona. and do hereby certify as follows, to- wit:
 ARTICLE I.
 The name of said Corporation shall be Sonora Mining and Development Company, and its principal place of transacting business shall be at Phoe- nix. Maricopa County. Arizona. with branch office at the City of Toledo, State of Ohio, and at such other places as may be determined by the Board of Directors.
 The names of the Incorporates of said Corporation are: Arthur F.. Klauser, F.. w. Tolerton.
 ARTICLE II.
 The general nature of the different kinds Of business proposed to be trans acted by this Corporation is as follows, to-wit:
 To purchase, lease, bond or otherwise acquire. own. exchange, sell or other wise dispose of, pledge, mortgage, hy- pothecate and deal in mines. mining claims, oil lands, mineral lands, oil. gas. water rights. and to work, mine. explore and develop the same.
 To do a general real estate and mer- cantile business.
 To own and carry on a milling and smelting works.
 To borrow money, execute mort gages or deeds of trust to secure the same. and in general to do all things necessary to the proper conduct of the business of this Corporation, not in consistent with the laws of the United Ctatas and the Territory of Arizona.
 ARTICLE III.
 Among the powers of this body corp crate shall be: To have perpetual sue cession; to sue and be sued by its cor porate name; to have a common seal and alter the same at pleasure; to prescribe the mode of making trans fers Of stock or interests of it's stock holders; to make contracts; to ac- quire and transfer property of every kind and description, both real and personal, and to possess the same pow CTS in such respects as private indi- viduals now enjoy; to establish by laws and make all rules and regula- tions deemed expedient for the man. agement of its affairs, not inconsist- ent with the laws and Constitution of the United States and the laws of the Territory of Arizona.
 ARTICLE ".
 The amount of the capital stock of the Corporation shall be One Million Dollars Cs1, ,OOo. .0O0.OO), divided into one million Q.O00 O00 shares, of the par value of One Dollar 91.OO) each. fully paid up and forever non- assessable-
 ARTICLE V.
 The time of the commencement of this Corporation shall be the date of the filing of these Articles of Incorpo- ration in the office of the Secretary of Arizona, and the termination thereof shall be twenty five years thereafter
 ARTICLE VI.
 The affairs of this Corporation shall be conducted by a Board of seven Di- rectors, who shall be elected annually by the Stockholders of the Corpora tion.
 ARTICLE VII.
 The highest amount of indebtedness or liability, direct or contingent. to which this Corporation shall subject itself at any time is Fifty Thousand Dollars (s50, 100000.
 ARTICLE VIII. The private property of the stock holders of this Corporation shall be ex- empt from all corporate debts.
 IN WITNESS WHEREOF, We have hereunto set our hands and seals this day of December, 1901
 
 Arthur E. Klauser, tSeaD
 F. W. Tolerton. (SeaD State of Ohio, County of Lucas, ss. On this - day of December, in the year 1901, before me. R. w. kirkley, a notary public in and for the State ana County aforesaid, residing therein, duly commissioned and sworn, person. ally appeared Herman R. Klauser, Ar thur W. Klauser, and E. w. Toierton' known to me to be the persons de- scribed in. whose names are subscribed to, and who executed the annexed m strument, and they acknowledged to me that they executed the same for the purposes and considerations there in expressed.
 IN WITNESS WHEREOF, l have hereunto set my hand and affixed my Official Seal at my office in the said State and County, the day and year last above written.
 R. W. Kirkley,
 (Notarial SeaD Notary Public. Nv commission expires Feb. II, 1902.
 Territory of Arizona, County of Mari copa, ss.
 I R. F. McFan, County Recorder in and for the County and Territory aforesaid, hereby certify that l have compared the foregoing copy with the original Articles of Incorporation ot the Sonora Mining and Development Company of Phoenix, Arizona, hied and recorded in my office on the 2S day of December, 1901. in Book NO. ol Incorporations, at Page -, and that the same is a full, true and correct copy of such original and Of the whole thereof.
 WITNESS my hand and seal or oi- fce this 23 day of December, 1901.
 B. F. McFall.
 fSeaO County Recorder By A. S. Arthur, Deputy
 Filed in the office of the Secretary
 nf Ariz this 23rt