Arizona republican., 1902-07-29


 arc hcrcunto affixed. do hereby Hs:'Cc- ate ourselves together fc1 tho purpose of torming q corporation under the laws of the Territory of Arizana. and {" that end ke the following stItc- mcnl:
 First: The names of the c"rrordt0rs are Daniel H. Haync, William IT. Erooke. J. O. Johnston. and the name of tn. corporation shall be THE BAL TIMnijF; AND SONORA GOLD AND COPPER COMPANY. The principal place in which tho business cf said cor poration within the Territory of Eri zona is tC be traraacted is Phoenix. Maricopa County. Arizona. and the principal place of business Of said cor poration outside the Territory of Ari- zona shall be the City O; Baltimore, in the State of Maryland. at which meet ings of the stockholders and Board of Directors may be held. and the corpO- ration may have such branch offices either within or without the Territory of Arizona as may be established by the Board of Directors.
 Second: The general nature of the business proposed to be transacted by this corporation is as follows. tO-Wit:
 To make contracts; to purchase, lease bond. locate. or otherwise ac- quire. own, exchange. sell or otherwise dispose of. pledge. mortgage, hypothe- cate and deal in real estate and any and all kinds of personal property, mines mining claims. oil lands, min eral lands oil. gas. asphaltum. petro- leum. asbestos. salt. water and water rights and machinery, and to work mine. explore. operate. and de vel0p the same; to do d general real estate, manufacturing and mercantile business: to own. handle and control letters patent and inventions and shares of capital stock of other cor pcrations: to bCrrCw money and exc cute notes. bonds. mortgages. or deeds If trust to secure the same, and to cN- crcisc in respect of all such bonds, mortgages. notes. shares Cf capital stock and other securities and obliEH- tions any and all rights, powers and privileges of individual owners thereof, including the right to vote upon any shares of stock held by it to the same extent that q natural person might or could de: and in general to do all things necessary to the proper conduct nf the business of this corporation i'll the Territory and elsewhere. not iu- consistent with the laws of the United States and the Territory of Arizona.
 Third: The authorized amount of capital stock of this Corporation shall he Five Million dollars ($5.oo0,G00 dt- vidcd into five hundred thousand shares of the par value Of ten dollars C$10.OG) each. At sIch time as the Eoard of Directors may hy resolution direct said capital stock shall be paid into this corporation either in cash or by the sale and transfer to il of r"2l or personal property for the uses and uurpnScS Cf said corpora tion. in pay In"ut fur which shHrcs of the capital stock of said corporation may br iS- sued. and the capital stock su issued shall thcrcupon and thereby become aud br fully p@id up and n"n-asscss- able. and in thc Absence of actual fraud in tn" transaction the judgment of the Directors as t0 the value of the property purchased shall h. conclusive.
 Fourth. The time of th" commerce. mont uf this corporation shall be the date of the filing of these Articles "i incorporation in tn" office of the Sec rrtary of Arizona. and tn" termination thereof shall be twenty five years thereafter.
 Fifth: The affairs of t.,is Corpora- tion shall he conducted by a Board of seven and not more than eleven Di- rectors and the following named shall constitute the Board of Directors until | their successors are elected: Daniel H. Aayre. William II. Brooke. J. ..