Arizona silver belt., 1903-01-29

I such branch offices or places within the Terri tory of Arizona as may be established by the Board of Directors,
 ARTICLE IL
 The general nature Of the business proposed to be transacted by this corporation Is as fol | lows: To do a general banking business and in that connection to receive deposits loan money, invest and collect the same with in terest and repay depositors with or without | interest, to Issue certificates of deposits, buy | and sell exchange, and to do all and every act requisite, essential and necessary in and about | the management and operation of q general l banking corporation to purchase, lease bond, locate or control or otherwise acquire, own, hold, exchange, sell, or otherwise dispose of or pledge, mortgage, hypothecate and deal in real estate, franchises and any and all kinds of personal property, mines, mining claims, pros poets, placer ground. oil oil lands. mineral lands gas, asphaltum, petroleum, electricity, electric power, water, water rights coal and coal lands salt and salt mines or deposits bo rax deposits and machinery and to work mine explore operate and develop the same; to es tablish. operate and maintain salt plants. saw mills quartz stamp mills, concentrating and cyanide plants, hydraulics and sucing works well drilling machinery and apparatus, storage tanks, rehneries for metals minerals and oils aSSayiug plants, and tp erect. operate and maintain gas and gas works, electric i.hting and powerplants, water power; to construct, operate and maintain canals, ditches, fumes pipe lines, reservoirs and water tanks to con. struct operate and maintain tramways, street railways railroads, wagon roads stages and gto q. f, nd sppHupF hpF FaIg 1pItv- ing and boarding houses. stores and other buildings to own, sell, handle and control let ters patent. trade marks and inventions; to accept and execute trusts of any and every nature kind and description that may be com mitted toit; tJ attend in legal manner to the management and settlement of estates, guar dianships receyerships, assignments and oth- CT trusts whether under appointment of courts or otherwise to act as administrator, execu- tor and guardian of estates to act as pledge holder, attorney in fact agent, assignee, re- ceyer or trustee ,, to do safe deposit bus- ness to receive and keep in safe deposit vaults or in other places of safe keeping bonds, stocks, notes, pabsr and vpluables Of every kind, and to coRedt and receive com pensRtlou for's1cH Reeblpg; to trdnSfer regis ter and counteNign stock bonds, oe other evil dence Of indebtedness to issue and sch de bentures, bonds secured by mortgages on real property or otherwise secured; to receive on deposit, or otherwise; trust funds Of money belonging to states cOVntieS cities and other municipal corporations and to deal herewith according to the law or the Territory Of Ari. zona 10 buy, sell and pypothecate shares Of capital stock of other t,orpOrauons to borrow money and execute notes, bonds, mortgages, or deeds of trust as evidence of such indebt- eoneSs and to secure Ihe same to accept | notes bonds and mortgages pledges or other evidence of indebtedness from individuals or other corporations, and to exercise in respect | to all such bonds. mortgages, notes, pledges brother evidence Of indebtedness and secur- | ities and obligations, any and all rights pow | CTS and privileges Of Individual ownels there of, and in general to do all things necessary and requisite vto the pToper conduct of the | business ob this c6rpSrpH Hoh under the laws Of the Territory of Arizona, and the laws Of the United States of America.
 ARTICLE III.
 The authorized capital st ock of this corpor- ation shall be twenty-five thousand dollars | (s25 0JO), divided into two hundred and fifty | (25W shares of the par value of one hundred dollars each. and transferable only on the books of the company. Said capital stock shall be paid into the corporation either in cash or by sale and transfer to 1t of real or personal property for the uses ano purposes Of this corporation at tsuch time as the Board Of | Directors may by resolution, direct, authorize and accept, and such payment, for which shares of capital stock of this corporation may be issued, and the capital stock so issued shall thereupon and hereby become and be | fully paid up and nonassessable, and in the aD- sence of actual fraud in the transaction the | judgment of the directors as to the value of the property purchased shall be conclusive.
 ARTICLE ". | The time of commencement of this corpora | ton shall be the date of the filing of these Ar ticles Of Incorporation in the office of the county recorder Of Gila County. in the Tern tory of Arizona, and the termination thereof shall be twenty-five years thereafter, with the privilege of renewalof the said term for an additional period Of twenty-five years should the corporation by proper resolution sodecide.
 ARTICLE V.
 The affairs of this corporation shall be con ducted by board of i've directors, and the following named persons shall constitute the Board of Directors until their successors are elected:
 T. A. Pascoe. residing at Globe, Arizona. | G. w. P. Hunt, residing at Globe, Arizona. J. II. Pascoe, residing at Globe, Arizona. L. E. Wlghtman M D., residing at. Globe. | Arizona.
 J. B, Henry, residing at Globe, Arizona. Thereafter the Board of Directors shall be | elected from among the stockholders, at the time and in the manner which may be provld- ed by the bylaws of this corporation. ARTICLE VI
 The highest amount of indebtedness or lia- bility, direct or contingent to which this cor porauon is at and time subject shallbe sixteen thousand dollars (Sl6,00U.
 ARTICLE VII
 The private property of the stockholders of tnis corporation shall be exempt from corpo- rate debts of any kind whatsoever.
 ARTICLE VIII
 The Board of Directors of this corporation shall have mower to establish by-laWS and to