The border vidette., 1903-05-02
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 orning corporation under the jaws of the Territory of Arizona. and to that end make the following statement:
 E1RsT-The names of the corpOratOrs are: William H. Seamon, citizen of Fl Paso, Texas; George H. GambrilI citizen of Park-rsburg, West Virginia; GeorgeW A. Atkinson citizen of Charleston, West Virginia;C. H. Merkel, citizen of Wheeling. West Virginia; w. H. An derson, citizen of Wheeling. West Virginia; , and the name of the corporation shall be CONSOLIDATED DEVELOPMENT COM PANY. the principal place in which the | business of said corporation within the Terri 1 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 Hirg mia, at which meet. 1 inss of the Board of Directors may be held, 1 and the corporation may have such branch offices either within without the Territory of Arizona as may be established by the Board of Directors, and bylaws of 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 dispos5 of pledge, mortgage, hy pothecate and deal in Real Estate, and any and all kinds of personal property, mines, mining claims, oil lauds,, mineral lands. oil, gas, asphaltum, Petroleum, asbestos. salt, water and water | rights and machinery. and to work, mine. tx plore, and develop same; to build and o.erate smeiters, concentration plants. st tmp mills, 1 ppa lines, tram way lroads ore wagon roads; | to do q general mercantile and manufacturing 1 business. to do general r,al estate business, | to own and handle and control letters patent
 and inventions and shares of capital stock of
 other companies and corporations, to boi row
 money and execute notes, bonds, mortgage, or 1 deeds of trust, to secure same, and to exercise 1 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. inclsd- ing the right to vote upon any shares of stock l held by it to the same extent that private in | dividual a natural person mie ht or c0ulj do, and in 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 Tele- ] graph and Telephone lines to its properties, to have 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 1 branch offices, do business in. To build and
 operate oil retineries, to ouy and sell minerals
 and to refine within without ths Terri | tory of Arizona.
 THIRD authorized amount of capital
 stock of this corporation shall be two million | and five hundred tn usand dollars. divided into 25o,00o shares of the par value of Ten lSlO.0ol ! dollars each. At such time the Board of
 Directors may direct, by resolution sad capital
 stock may be paid into this corporation. in T guIa ,,f0- ,N
 personal property for the uses and purposes l of said corporal on in pay I., for whi, said
 shares of the | ital stock of such corporation may be issued and the capital stock SO issued Eshallthereup and thereby become fully paid up and non=assessable and in the absence of actual fraud in the transaction the judgment
 of the Directors to the value of the property
 purchased shall he conclusive.
 EouRTE-The said corporation shall have the
 right to increase its capital stock at any time ! by the majority vo.e of it's stockholders to ten
 millions dol ars but said increase of the capital
 stock must be voted upon at tine annually
 meeting of tine stockholders of said corporal ion.
 EIFTE-lhe time of t.e commencement of this 1 corporation shall be the date of the filing of
 this articles of incorporation in the office of the
 auditor of A izona. and the termination there
 of shall be twenty-five years hereafter. with the l privilege of renewal the termination thereof. sITTa-The affairs of this corporation shall
 be conducted by Board of Director which l shall be elected from the stockholders of this
 corporation according to the bylaws of this l corporation and the following named shall i constitute the directors until their successors | are elected. W 1T Seamon; Geo. K GamOrill, | Geo. w Atkinson, C H Merkel and " H And
 erson Thereafter the Board of Director shal l be elected July 1st of each year.
 1 sEvEETE-The said corporation shall have the l right to make 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 execut- ! i've board of directors from the stockholders of said corporation Until their successors elected the officers w II Seamon, presi- dert; Geo. K Gambrin, secretary; Geo. W. Ackinson, vice president; ( II Merkel, treasurer Tine highest amount of indebtedn. liab bility, direct indirect contingent, to which this corporation is at any time subject shall be Sl,5O),01J do-iars. which amount does not exceed two thirds of the amount of the capital stock.
 sEVENTE-rhe priva'e property of the stock holders of this corporation shall be exempt from corporate debts of any kInd wha: ever of this corpoi ation.
 IS WITNESS wEREor, ws havs heTeuato set our hands aud seals rlis 2ith dag ot March 1903
 w. II. SEANON SEAL
 GEO. K. GAMBRILL SEAL
 (. H. MERKEI. SEAL
 w II. ANDERSON SEAL