The copper era., 1904-06-30
ARTICLES OF INCOR"ORATION
 OF
CLIFTON INVEsTMENT COMrANY

KNow ALI MEN nY rHr,I PEF-rSr- | That We the undersigned have thi. day ns,o- ciGted ourselves together fnf tir pIrrp.r uf l organizing a corporation. under aud ht tirtur Of the laws of the Territory of Arizona. Hui iu accordance herewith dp hereby adopt. -isn and acknowledge these presents "a. lts Ari.Dl.s Of Incorporation. to-Wit
 Article Tlr name of the rnrrnrHttuu is and shall bc. Clifton Investment fompant The names Of the incorp1ratofs "f this rer.nr. alton are A r. Williams ii krrit. H. Inglis. Phocbu. Frruieuthal. thts q -llufl.n and J. A. Merrill The i,cntiou of it. pr.r. Ii.al place of bu.iue.s DO thi. Territory shall i- at Clifton. Graham County. Arizona. vith an af flee at solomonyllc in said county and t'rri tory.
 Article IT, The general nature of thr hu-i ness proposed Co bc trausartr.l hv tlI. ,nft.iIs ton in the Territory of Arizona and cI.ra r,. shall bc. Co purchase. sell. buili own. main- tain. hold and convey houses on leased ian.is nf otherwise. io icasc and rent hnu... ar eoss.-s.. rental therefor; niso io sue-~rt,s. Cor, t8 and sell all kinds of stock. h-.-...~-<-f' 'rirurrs of other indu-friI1 0rpOration- ln thc Territory of Arizona and clso where.
 Article III The amount of capital -f..rs nf this corporation shall Toe twenty nte thou.anf (s2j OOO) dollar-. divided iuie tr,nff ftr
  lar each to be paid in suru manner ami 10 .u.h times as the Board of Director shall i.f.- mine until the par value of sail strrs .hau have been paid in nill.
 Article ". The corporate "A. teur, rf t..- corporation shall commerce on tli- ias nf ft. filing of these Articles of Incorporation iu f..t office of the County Recorder nf Graham County. Arizona and thc filing of r.rtlr.I copy thereof in thc ofhrc of tl. Ttrfifa.HI Auditor. and shall continue from thr fuf. .f such filing for fhc period of twenty hf. frnr.
 Article Y. The corporate power pf fiI. r.. poration and fhc conduct of nfHifs thereof shall Ice vested in % board Df dir,rf1r- r...H. posed Of five persons who shaII lr tfn'i i.i|i. in this corporation. auI k. William. 70 Kerby. T. E Insli.. Phochus Tr.lf,nthal a.f ChRs. r solomon, shall he tho ii i-rrfaI. .f ff... corporation until thr second -Htrrias ia fur.. i905 or until their su-crs-ors sltl I. ri,rf..t and qualified The ofic,r- of thi. corporation shall be a President. Vice President -.r.-sfrr. aud Treasurer who shail he ,..rfrf hr f.- board of directors from among fi,Irnau nrr.. bcr and such other offi'sr- n. fh- board .f directors shall elect "r approin' mf.tur of inc board of iirrrfor. shtIl N. h.I af solomonvillc Grnham County Arruua ar f..r 1sih day of May ia0t for ihr ruri.... of ,l..r ing the officers of thi- corporation arI f.sr. after the officers of thi- corporation shHI I.r elected annually by ihr board of d.-.rt,-- ff the first mcctitg of th" .nit hs,nrf f,.'...re the auuunl election of -ufh llr,ft,r.
 Article VI The highest am.ult nf i.t..t cdne.s and liability. direct or contingent 70 which this corporation .hall at any rr. rH... bc subject shall ln no cr.e eVc,.l tfo "a 'r.i. .f the amount of the capital .t1.k
 Article VII Tbe by lave pf ti !. corporation shall be adopted at % meeting of fhr -',-..tn.f CTS to be held on The 2-.h day of Mar l.-t. hr the vote of a majority 0f thr ..D,k lss4ri auf outstanding. and said By lave uny t. amended at any time in the some manner The rrlrHfr properly of thc stock okhpiier- -haH be sr.mrr from all corporate debts
 In witness whereof wc nui es .h pf ID. lir. hercunio set our hands and .cai. th.. e-fH fs. of May A D. iqlf