The border vidette., 1903-04-25
TERRITORY OF ARIZONA, lcS COUNTY OF SANTA CRUZ. "'
ARTICLES OF INCORPORATION
 OF THE CONSOLIDATED DEVELOPMENT I
 COMPANY.

KNOWN ALL MEN BY THESE PRESENTS: That we whose hands are hereunto affixed, do hereby associate ourselves together for the pur- pose of ornling q corporation under the laws of the Territory of Arizona, and to that end make the following statement:
 FIRST-The names of the corporators are; William H. Seamon, a citizen of Fl Paso, Texas; George H. Gaubrill, a citizen of Park rsburS,
 West Virginia; GeorgeW. A. Atkinson, a citizen | of Charleston West Virginia;C. H. Merkel, a
 citizen of Wheeling. West Virginia; w. II. An derson. q 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
 tory of Arizona is to be transacted is | Nooa!es 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 ot | Ohio. State of West Nirs mia, at winch meet | ings of the Board of Directors may be held, | and the co poration may have such branch | offices either within or without the Territory
 of Arizona as may be established by the Board | of Directors and bylaws Of said corporations sEcoND-The general rature of the business
 proposed to b transacted is as follows, to wlt; 1 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 lauds mineral lands, oil, gas, asphaltum, 1 Petroleum, asbestos salt, water and water 1 rights and machinery and to work, mine, ex- plore, and develop same; to build and oterate
 smelters, concentration plants, stump mills, | pipe lines, tramway railroads, ore wagon roads; to do q general mercantile and manufacturing business to do q general real estate business, | l., pfrnl lntf nat
 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 eAerclse in respect of all such bonds, mortgages, notes, shares of capital stock and other securities and obiiga. ions, any and all rights, powers and privileges of individual owners thereof. inclad- ing the right to vote upon any shares ot stock held by it to the extent that a private in dividual or a natural person might or could do and in general 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 own use Tele- graph and Telephone lines to its properties, to have q Corporate Seal, to 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 e-tabiisi'
 branch offices, do business in. To build and
 operate oil retinerics, to ouy and sell minerals and to refine same within or without the Terri tory of Arizona. TEIRD-The authorized amount of capital
 stock of this corporation shall be two million
 and i've hun fred tn usand dollars, divided into
 25oOOO shares of the par value of Ten lSlo.G1l
 dollars each. At S .ch q time the Board of
 Directors may direct, by resolution sad capital
 stock may be paid into this corps ration, in
 cash by sale and transfer to it Of real estate
 or personal property for the uses and purposes
 Of said corporat on, in pay III, mt for which said
 shares of the e. Iital stock of such corporation
 may be issued. and the capital stock so issued i
 shallthereup and thereby become fully
 paid up and non-assessa ble and in the absence of actual fraud in the transaction the judgment
 of the Directors as to the value of the property purchased sAall be conclusive.
 FouRTE-Thc said corporation shall have the right to increase it's capital stock at any time |
 by the majority vo:e of its stockholders to ten millions dollars, but said increase of the capital
 stock must be voted upon at the annually | meeting of the stockholders of said corporation. |
 FIFTH-The time of t..e commencement of this ! corporation shall be the date of the filing of | this articles of incorporation in the office of the
 auditor of Arizona, and the termination there | of shall be twenty-five years hereafter, with the
 privilege of renewal Ut the termination thereof i
 sIITE-The affairs of this corporation shall | be conducted by Board of Director which | shall be elected from tho sto tkhoders of this | corporation according to the bylaws of this | corporation ami the following named shall | constitute the directors until their successors ! are elected. W II Seamon; Geo. K GamDrill, | Geo. w Atkinson, C H Merkel and " H And ! erson Thereafter the Board of Director shaI | be elected on July 1st of each year.