Bisbee daily review., 1905-07-07
ARTICLES OF INCORPORATION
or the pemeersta csnanes, Sonora,
 Copper Company.

That, we, the undersigned. having this day voluntarily associated our selves together for the purpose of forming a corporation under the laws of the Territory of Arizona, do hereby certify as follows, to-wit: ..
 FSrst-That the name of this corpo- ration shall be DEMOCRATA CANA NEA SONORA COPPER COMPANY.
 The principal place of business Of said corporation within the Territory of Arizona is at Bisbee. County of Co., cbise, Territory of Arizona, and the principal place of business of said corporation outside of the Territory of Arizona shall be al Cincinnati, State of Ohio, at which place meetings Of tue Board of Directors may be held.
 Second-The general nature of the business to be transacted by this cor poration. is as follows, to-wit:
 To acquire by location, purchase, exchange or otherwise. mines of cop per, gold, silver, lead and mineral and all other lands of any kind or descrip- 1ion whatsoever, and to explore oper- ate, develop. lease CT sell the sane; and to erect and maintain mills. re- duction works. leaching plants, con eentrators, concentrating works, con Yertors and refining works, and any and all kinds cf mining ana mlll- ing machinery and any and all other works, appliances and processes for the economical hand ling and reduction of ores; to erect and maintain stores, boarding houses and hotels, and to do Q general nler- chandise business; 70 acquire by pur- chase, location and ia any other law ful manner, real estate. lands and all kinds of property, real, personal or mixed; to lay out, construct, acquire by purchase, or in any other manner, wagon roads, mills, houses, ana 70 own all or any part of the capital stock or bonds of other corporations. chat tels, goods, wares, merchandise and choses in action to buy, manufacture, sell and deal in ali kinds of property, real, personal or mixed; and to trans act any and all business which may be transacted by natural person; to hold, cultivate, prove up, use and en- joy same: and to alienate. sell, lease and demise and dispose of the same CT any part thereof as well as any other property this corporation pos sesses, be seized of or Sfdtled 50; to borrow money and contract to repay the same at such time or such times with such rate or rates of interest as it's board of directors may deem prop CT or see fit, and to execute, deliver and .hypothecate notes, bonds, mort gages or deeds Of trust to secure the same, and to loan money st such time and rate upon such securities as it's Board of Directors may deem proper or see it.
 Third-The aUthOrizea amount Of capital stock C this corporation shall be Three Million fsS.000,00el Dollars, divided into eO1.00 shares with par value of S10 each
 At such time as the Board of Direc- tors may by resolution direct the said capital stock shah be paid into this corporation, either in cash, or by the sale and transfer to it of rea and per sOnsl property, in payment of which shares of capital stock of said corpora ton may be issaed, and the capital stock so issued shall thereupon and thereby become and be fully paid and non-assessable, and In the absence Of actual fraud in the transaction, the judgDlent of the Directors as to the valus of the property purchased shslI be conclusive
 Fourth-'The time cf commencement Of this corporation shall be the day of the filing of these articles of record in the office of the county recorder of the County Of Cochise, in the TerrlIo " of Arizona, and the termination thereof shall be twenty-five years thereafter. unless by law further ex- tended by the company.
 Fifth-The affairs of this corpora ton shall be conducted by a Board ef Directors consisting of not less than three persons and not more than seven rersoas; and Leo c. Cloud, H. H. Hoffman and s Eldridge shall con- stitute the Board of Directors until the annual stockholders meeting, which shall be held CD the last Tues day of May, 1905.
 The successive Boards of Directors shall hereafter be elected annually at the annual meeting of said corpora ton, which shall be held at the hour of two o'elok D. ID. on the last Tues day of May.
 The officers of said corporation shall consist of a president, vice-presa ideqt, secretary. treasurer and gen crsl manager, which said officers shall be elected at the annual meeting of the Board of Directors Of the comps- ny, which annual directors meeting shall be held annually Immediately following the adjournment of the an- Dusl stockholders meeting as hereto fore specified.
 Al directors and officers of this cor Poration shall hold office after being duly elected and qualified until their successors shall be duly elected and qualified Ii any vacancies shall oc- cur in the office of director such va- cancy shall be filled by the remaining members of the Beard.
 Sixth-Privste property of the stockholders of this corporation shall be exempt from corporate debts of any kind whatsoever