The border vidette., 1903-05-09
ARTICLES OF INCORPORATION
 OF THE CONSOLIDATED DEVELOPMENT
 COMPANY.

KNOWN ALL MEN BY THESE PRESENTS: That we whose hands are hereunto affixed. do hereby associate ourselves together for the pur-' pose of ornipg a corporation under the laws of the Territory of Arizona. and to that end | make the following statement:
 TIasT-The names of the corporators are: l William H. Seamon, Q citizen of El Paso, Texas; | George H. Gauabrill, citizen of Park rsburg, ! West Virginia; GeorgeW. A. Atkinson, citizen of Charleston, West Virginia;C. II. Merkel, a citizen of Wheeling. West Virginia; w H. An derson, a citizen of Wheeling, West Virginia; and the name of the corporation shall be CONSOLIDATED DEVELOPMENT COM PANY. the prince Il place in which the 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 Tirg mia, at which meet ings of tho Board of Directors may be held, and the poration may have such branch offices either within without the Territory of Arizona may be established by the Board of Directors, and bylaws of said corporation.
 SECOND The general rature 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. h!pothecate 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. e1- plore, and develop same; to build and o.erate smelters, concentration plants; stump mills, pipe lines, tramway railroads. ore wagon roads; to do general mercantile and manufacturing business, to do a general real estate business, to own and handle and control letters, patent and inventions and shares of capital stock of other companies and corporations, to borrow 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 | obligal ions, any and all rights, powers and privileges of individual owners thereof, inclEd- 1 ing the right to vote upon any shares of stock held by 1t to the same extent that a private in- l dividual or a natural person might or could do, and ir general to 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- una. to build and operate for it's own use Tele- graph and Telephone lines to it's properties, to ] have a Corporate Seal, to sue and to be sued, | to contract and be contracted with and to do | business in any and all foreign countries, that | the said corporation may desire to establish
 branch offices, or do business in. To build and
 operate oil refneries, to ouy and sell minerals !! and to refine same within or without the Terri | tory of Arizona.
 l -HIRo-The authorized amount of capital l stock of this corpora ton shall be two million | and five hundred tn usand dollars, divided into l 25o,00o shares of the par value of Ten lSl0.o0l l dollars each. At such time as the Board of
 Directors may direct, by resolution sald capital
 stock may be paid into this corporation. in
 .A
 or personal property for the and purposes
 of said corporation, in pay int nt for which said shares of the capital stock of such corporation
 may bs issued, and the capital stock soissued l ehallthereup and thereby become fully l paid up and non-assessable, and in the absence 1 of actual fraud in the transaction the judgment
 of the Directors as to the value of the property l purchased shall be. conclusive. - 1 FecRTE-The said corporation shall have the l right to increase its capital stock at any time 1 by the majority vo.e of it's stockholders to ten 1 millions dollars but said increase of the capital l stock must be voted upon at tine annually meeting of tine stockholders of said corporation. | FirTE-The time of tie commencement of this 1 corporation shall be the date of the filing of
 this articles of incorporation in the office of the 1 auditor of Arizona. and the termination there
 of shall be twenty-five years hereafter. with the l privilege of renewal at the termination thereof ] SIZTE-The affairs of this corporation shall l be conducted by Board of Director which shall be elected from the stockholders of this
 corporation according to the bylaws of this
 corporation and the following named shall i constitute the directors until their successors | are elected. w H Seamon; Geo. K Gamorill, | Geo. " Atkinson, H Merkel and " And | erson. Thereafter the Board of Director shal | be elected July 1st of each year.
 SEvEETE-The said corporation shall have the 1 right to make rules and bylaws for its own 1 government, not inconsistent with the laws of the United States and the Territory of Arizona, and it shall have the right to elect execut- l i've board of directors from the stockholders of said corporation. Until their successors are | elected the officers are W H SeamOn, presi- dert; Geo. K Gambril, secretary; Geo. w. Ackinson. vice president; H Merkel treasurer. The highest amount of indebtedness liability, direct indirect contingent, to which this corporation is at any time subject shall be SI, ,5o0,o00 dollars, which amount does capital stock.
 sEVEETE-The priva:e property of the stock holders of this corporation shall be exempt from corporate debts of any kind wha: of this corporation.
 IN WITNESS WHEREOF, wa havs heIeunto set our hands and seals this 2ith day of March 1903.
 W. H. SHANNON SEAL
 GEO. K. GAMBRILL SEAL
 C. H. MERKEL
 w. H. ANDERSON SEAL