Bisbee daily review., 1905-07-13
ARTICLES OF INCORPORATION
Of the pemoerata cananea, Sonora,
 Copper Company.

this day voluntarily associated our selves together for the pun F0se Of forming a corporation under the laws of the Territory of Arizona, do hereby certify as follows, to-wit;
 First-That the name of this corpo- ration shall be DEMOCRATA CANA NFA SONORA COPPER COMPANY.
 The principal place of business of said corporation within the Territory of Arizona is at Bis5ee, County of Co ohise. Territory of Arizona, and the principal place of business of said corporation outside of the Territory of Arizona shall be at Cincinnati, State of Ohio. at which place meetings of the 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 or cop per, gold, silver, lead and mineral ana al other lands of any kind or descTip- don whatsoever, and to explore, oper- ate, develop, lease or sell the same; anc to erect and maintain mills, re auction works, leacSing plants, con eentrators, concentrating works con vertors and refining works, and any and all kinds of mining ana mlil- 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 a general mer- fn hx- r. chase, location and in any other law ful manner. real estate, lands and all kinds of property, real, personal or mixed: to lay cut, construct, acquire by purchase, or iR any other manner, wagon roads, mills. houses, ana 10 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 all kinds of property, real. personal or mixed; and to trans- act any and all business which may be transacted by a natural person; to hold. cultivate, prove rp, use and en- ioy same and to alienate, sell, lease and demise and dispose of the same or any part thereof as well as any other property this corporation pos sesses, be seized of or G<dtled to; to borrow money and contract to repay the same at such time or such times with such rate or rates of interest as its board of directors may deem prop CT or see fit; and to execute, deliver and hypothecate notes, bonds, mort gages or deeds of trust 10 secure the same. and to loan money at such time end rate upon such securities as it's Board of Directors may deem proper or see fit.
 Third-The authorizes amount of capital stock of this corporation shall be Three Million ($3,0o0,ooOl Dollars, divided into 300,00 shares with a par value of $1O each.
 At such time as the Board of Direc- tors may by resolution direct the said capital stock shall be paid into this corporation. either in cash, or by the sale and transfer to it of real and per sonal property, in payment of which shares of capital stock of said corpora tion may be issued. 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 judgment of the Directors as to the value of the property purchased shall be conclusive.
 Fourth-The time of commencement of this corporation shall be the day of the fling of these articles of record in the office of the county recorder of the County of Cochfse, in the IerT1to- " 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 persons; and Leo c. Cloud, H. H. Hoffman and A. Eldridge shall con stitute the Board of Directors until the annual stockholders meeung, which shall be held on the last Tues cay of May, 1905.
 The successive Boards of Directors shall hereafter be elected annually al the annual meeting of said corpora ton, which shall be held at the hour of two O'clok D. m- on the last tues day of May.
 The officers of said corporation shall consist Of q president vice-pTes ident, secretary. treasurer and gen ersl manager, which said officers shai be elected at the annual meeting ot the Beard of Directors Of the compa ry. which annual directors meeting shall be held annually immediately following the adjournment of the an nual stockholders meeting as hereto fore specified.
 Al directors and officers of this cor pcration shall hold office after being duly elected and qualified until theil successors shall be duly elected and qualified. If any vacancies shall oc cur in the cffce of director such va csney shall be filed by the remaining members of the Board.
 sixth-Private property of the stockholders of this corporation shal be exempt from corporate debts oi ---1- a -o.r war