Arizona silver belt., 1903-03-12
ARTICLES OF INCORPORATION
Of the Globe Mining Company.

" '''" 'i' DNNblb NCblbC is i'tdcu anu r T h' Wright, of the County of Cook and the State of Illinois, and l., E. West, of the County Of Rock Island, and state of Illinois all citizens Of the United States, do hereby associate our selves together as and into body corporate under and by virtue of the provisions of the laws of the Territory of Arizona for the pur- pose of engaging in the lawful enterprises business pursuits and occupations hereinafter specified, and do hereby adopt the following Articles of Incorporation. and declare:
 ARTICLE l.
 The name of such corporation shall be and is, the Globe Mining Company. The principal place of business Of said corporation shall be in the town of Globe, county of Ga and ter ritory of Arizona, and it shall have branch ofice in the city nf Chicago, county of Cook and state Of Illinois, and at such otherplaceS as may be hereafter legally designated as nee essary and convenient for any of the purposes of said corporation and the business of this corporation may be conducted in Arizona or | in any Of the states and territories in the | United States of America; and the regular meetings Of the stockholders and directors may be held in said city of Chicago or at any other place which may be designated by the | Board of Directors of said corporation, and the proceedings of the stockholders or Board | of Directors had at such meeting shall have the same force and effect if helk at said principal place of business at Globe, Arizona ARTICLE H.
 The general nature Of the business proposed | toEbe transacted is as follows, towit: The business Of mining and locating and purchas- ing Of mines or mineral lands of all kinds: and to operate, lease or sell the same and to dis pose Of the mineral or other products of the same, and to carry on and conduct the busi ness Of opening, equipping and developing such mineral lands and mines aud to conduct the business Of extracting, coucentratirg 2, re- ducing, teaching smeltng and redning copper gold, silver and other metaliferous ores to borrow money, contract debts and issue notes of the corporation and to secure the payment Of any indebtedness so contracted
 ARTICLE III.
 The amount of the Capital Stock authorized by the said corporation is Two Million Five hundred thousand Dollars tS2 5GOC coo OW divided into Two Million five hundred thousand shares (2,5OO OOO) Of the par value of One Dollar (SD per share, and such stock, when issued, shall be transferable fully paId up and non assess able.
 ARTICLE ". The highest amount Of indebtedness or lia- bility, direct or contingent, to which said cor. poration shall subject itself or become liable, is two hundred and fifty thousand Cs25O, OO) dollars.
 ARTICLE V. The private property Of the stockholders Of the said corporation shall be forever exempt from the corporate debts Of the said corpora ton
 ARTICLE VI. The said corporation shall begin business on the dateof filing of these Articles of IncOr- poration in the Ofice Of the County Recorder io and for the County of Gila, territory of Ari- zona, and certified copy with the Secretary of the said territory and shall terminate in twenty five years thereafter.
 AECICLE VII The officers Of the said corporation shau consist Of a President, a Vice President. a Secretary and a Treasurer. who shall be elected from the board Of directors. and no person shall be eligible to the ofice of direc- tor unless he isa stocxholder in said cOrpor. ation And the affairs Of the said corporation shall be conducted by Board of Directors cnnsi.t- ing of not less than five nor more than nine persons, who shall he elected by the stock holders Of the said corporation at the first an, nual meeting to be held on the second Tues. day in January, in the year 1904 and annually thereafter The officers and directors Of the said corporation shall hold their offices until their successors are duly elected and qualified | The said Board of Directors shall have full power to issue stock Of the said corporation and to sell the same at such price as they may or shall agree upon.
 ARTICLE VIII. The officers and directors who are appointed to manage the affairs Of the said corporation until the first annual meeting are as follows : J. F. Hechtman, President and Director; Walt NJ. .DeKalb, Vice President and Director George L. Beach, Secretary and Director L. E West, Treasurer and Director M. A. Pat terson, Director: George Goodwin Director FLA. V right, Director.
 The said appointed officers and directors shall have the same powers as delegated by these Articles of Incorporation to the officers and directors to be elected at the first annual meeting Of the said corporation.
 ARTICLE TX. The Board of Directors of the said corpora tion shall have full power and authority to 6ll vaca ncies on their Board and to adopt such rules and bylaws as they may deem necessary for the government of said corporation. not inconsistent with the Constitution and laws Of the United States, or with the Statutes of the Territory of Arizona, or with the Articles of Incorporation of the said Companr.
 ARTICLE x. These Articles may be altered or amended at any regular meeting orany special meeting of the stockholders called for that purpose, in | manner hereafter to be provided for by the bylaws of the said corporation, not inconsist- ent with the laws under which the said Com pany has organized; and if ahy such altera- tions or amendments be made, the same shall be filed with the County Recorder of Gila County Territory of Arizona,
 In testimony whereof, we have hereuntO set our hands and seals this 3Oth day of January A. D. 1903 J r. HE HTMAN
 GEORGE GOODWIN
 WALT NJ. DEKALB
 l.. E. WEST
 GEORGE l.. BEACH
 F. A. WRIGHT