The border vidette., 1903-05-16
ARTICLES OF INCORPORATION
 OF THE CONSOLIDATED DEVELOPMEN T
 COMPANY.

KNOWN ALI. MEN BY THESE PRESENTS: That we whosa hands hereunto affixed do hereby associate ourselves together for the pur
 pose of orHipg corporation under the laws of the Territory of Arizona, and to that end make the following statement:
 FIRs--The names of the corporators are William II. Seamon. citizen of Fl Paso, Texas; George H. Gan.brill, citizen of Parktrsburg, West Virgin a. GeorgeW. 4. Atkinson, 8 citizen of Charleston, West Virginia;C. H. Merkel, 2 citizen of Wheeling. West Virginia; W. H. An derson, citizen of Wheeling, West Virginia; and the rame of the corporation shall be CONSOLIDATED DEVELOPMENT COM PANY. the principal place in which tho business of said corporation within the Terri tory of Arizona is to be transacted is
 Nogales. County of Santa Cruz, Arizona and the principal place of bushes of said corporation outside of the Territory of Ariz- ona, shall be the City of Wheeling. County of Ohio, State of West Virg nia, at which meet. ings of the Board of Directors may be held. and the co poration may have such branch offices either within without the Territory of Arizona may be established by tho Board of Directors, and bylaws or said corporation.
 SECOND The general nature of the business proposed to b transacted is as follows to wit: To own and operate coal mines, wood and coal yards, to purchase, lease, bond. locate or otherwise acquire. own, exchange, sell or other wise disposo of pledge, mortgage. hypothecate and deal in Real Estate, and any and all kinds of personal property. mines, mining claims, oil lands,, mineral lands, oil. gas, asphaltum, Petroleum, asbestos salt water and water rights and machinery. and to work, mine. ex- plore, and develop same; to build and O. crate sme!ters, concentration plants, st mp mills, P;ps lines, tramway railroads, ore wagon roads; to do general mercantile and manufacturing business. to do general T. al estate business. to own and handle and control letters, patent and inventions and shares of capital stock of other companies and corporations. to bo. row money and execute notes, bonds, mortgage, or deeds of trust, to secure same, and to exercise in respect of all such bonds, mortgages, notes, shares Of capital stock and other securities and obliga, ions, any and all rights, powers and privileges of individual owners thereof, inclgd- ing the right to vote upon any shares of stock held by it to the same extent that 8 private in dividual or natural person might or could do, and in general 10 do all things necessary to the proper conduct of this corporation and the business thereof, not inconsistent with laws of the United States and the Territory of Ariz- ona, to build and operate for it's Tele- graph and Telephone lines to its properties, to have Corporate Seal, to and to be sued, to contract aud be contracted with and to do business in any and all foreign countries, that the said corporation may desire to establish branch offices, do business in. To build and operate oil refneries to buy and sell minerals and to refine same within without the Terri tory of Arizona.
 TEi7D-The authorized amount of capital stock of this corpora ton shall be two million and five hundred th usand dollars, divided into 25o,ooo shares of the par value of Ten lSl0.ool dollars each. At sach time as the Board of Directors may direct, by resolution sad capital stock may be paid into this corporation. ir cash or by hale and transfer to it of real estate personal property for the uses and purposes of said corporal on. in payment for which ssid shares of the pital stock of such COT operation may be issued, and the capital stock so issued shallthereup and thereby become fully paid up and non-assessable, and in the absence of actual fraud in the transaction the judgment of the Directors as to the value of the property purchased shall be conclusive.
 FoURTE-The said corporation shall have the right to increase its capital stock st any time by the majority vo.e of it's stockholders to ten millions dollars, but said increase of the capital stock must be voted upon at tine annuslly meeting of tine stockholders of said corporation.
 gIFTE-The time of the commencement of this corporation shall be the date of the filing of this articles of incorporation in the office of the auditor of izona, and the term nation there of shall be twenty-five years hereafter, with the privilege of renewal at the termination thereof.
 SI3T6-Ihe affairs Of thlS corporation snail be conducted by Board of Director which shall be elected from tho stockholders of this corporation according to the bylaws of this corporation and the following named shali constitute the directors until their successors are elected. " H Seamon; Geo. K Gamorill, Geo. W Atkinson, H Nerkel and " H And | erson Thereafter the Board of Director shal be elected on July 1st of each year
 sE7ENTE-The said corporation shall have the right to mako rules and bylaws for its own | government, not inconsistent with the laws of the United States and the Territory of Arizona, | and it snail have the right to elect sn execut ! i've board of directors from the stockholders of said corporation. Until their successors are ! elected the officers w Seamon, presi- l dert; Geo. K CiambriN. secretary; Geo. w. ! vice. president; C II Merkel, treasurer
 The highest amount of indebtedness or l liability, direct or indirect contingent, to ! which this corporation is at any time subject | shall be SI 300 900 dollars. which amount does | net exceed two thirds of the amount of the i capital stock.
 SEvEETE-The priva:e property of the stock | holders of this corporation shall be exempt ! from corporate debts of any kind whas ever | of this corporaton. our hands and seals this 2Ith day of March 1 1908.
 ". H. SHANNON SEAL
 GEO. K. GAMBRILL SEAL
 MERKFT