Arizona republican., 1905-05-13
ARTICLES OF INCORPORATION.

Articles of incorporation of Occiden- tai Development company. Know all men by these presents: That John F.
 Newsom of Palo Alto, H. B. Lynch and Robert C. Ray Of San Francisco. Cal. hereby associate themselves together for the purpose of forming a corpora tion under the general incorporation
 laws of the territory of Arizona and do hereby certify and adopt the following articles of incorporation. l. The name of this corporation shall be Occidental Development company. The following persons are the corporators: John F.
 Newsom. H. 3. Lynch and Robert c. Ray. The principal places of tran sacting the business of the corporation are ct Phoenix, Arizona, and at San Francisco, Cal. 9 The business of said corporation proposed to be tran
 sacted is as follows: (a) To acquire, deal in. sell. lease. bond and control mines. mining claims, mill sites, dftches. fumes, mills and every kind of mining property or other real estate and all property used in con-
 nection with mines or mining. (b) TO erect or construct and operate all kinds of mills, reduction works or oth- CT plants used in the treating of ores or products of mines in general or in extracting precious or other metals from the same. Co To carry on the mining and ore purchasing. business in all it's branches. (d) To own, control, deal in or sell patents and patent rights. Gel To construct buy, sell or lease or operate railroad tramways or tramrOads, boats or vessels. electric light and power lines and plants, wa ter works, fumes. ditches and pipe lines. (f) To lend or borrow money and own. hold. sell or control stocks or bonds of other corporations. (g)
 To do all and everything necessary for the convenient and proper carry ing out of the purposes above set forth whether within or without the terri tory of Arizona. 3. The capital stock of the corporation shall consist of two hundred thousand shares having a par value of one dollar per share The capital stock shall be fully paid up when property or money to the value of S2OO,OOO shall have been transferred to or paid in to the corporation by those subscribing for the capital stock, the stock to be fully paid within two years from date of incorporation. 4. The corporation shall commence its corporate existence January. 1905 and shall continue in existence for twenty five years from that date g. The af- fairs of the corporation are to be con ducted by a board of directors who shall be elected annually by the stock holders The directors may elect or appoint such other officers as they Edeem proper The annual election shall be held on the first Monday in February each year. 6. The highest amount of indebtedness or liability to which the corporation shall at any time subject itself shall be fifty thou sand dollars. :. The private property of the stockholders of the corporation shall be entirely exempt from the debts of the corporation and under no cir cumstances shall there be any fndi- vidual liability on the stockholders for corporate debts whether capital stock subscribed for has been fully paid up or not S. All stock of the corpora
 tiOn shall be issued as fully paid UT and shall be nOn-assessabie. John F, l Newsom, H. B. Lynch, Robert C. Ray.
 Witness Carmen D. Bradford, R. F Lewis. Commission expires July g 1906. State of California, city and county Of San Francisco ss. On this 1 2Sth day of January, A. D., 1905, before
 me. Carmen D. Bradford, a notary pub ! lie in and for the said city anC
 county, residing therein, duly commis-
 stoned and sworn, personally appear
 ed Johu F. Newsom, H. B. Lynch ant
 Robert c. Ray, known to me to be the
 persons whose names are subscribed
 to the within instrument, and aclnow- ledged to me that they executed tn
 same. In witness whereof have here
 unto set my hand and affixed my off
 ciaI seal at my office in the city ant county of San Francisco, the day ana
 year in this certificate first abov
 written. Carmen D. Bradford, notar' rubIic in and for said city and county
 state of California. All Crossle,