Arizona silver belt., 1905-01-05
ARTICLES OF INCORPORATION Of the Globe and Arizona DeVe'op-
 ment Company

II untarlly associated OURSELVES ''SN' purpose of forming a corporation uhoer ah' by virtue of the laws of the Territory or AIT yona and we do hereby adopt the following & Articles of Incorporation
 FIRST 4 That the names of the incorporators or S'a' company are Thos. A Pascoe, Patrick Nos' 8 and Harry Sultan. That the name or sald COT poration is and shall be The Globe ane Arizona Development Company That the principal place Of business oi sat t company is and Shall be Globe, In the Vouh'' or Gna and Territory of Arizona That th' directors of said company may from time t' lime establish and maintain offices Tor th' u apsaetion of business in such other places within and without the Territory as they ma! deem proper and the same change or discon tnue at pleasure.
 SECOND The general nature of the business to be en gagged in. transacted and carried on by sai' corporation and the purpose Tor which 't 4 formed and organized is to acquire ana owi I py location. purchase or otherwise mihihs 4claimS. mineral lands, mines and mining prop | tcrty, and to develop. work, mine, explore and operate mining claims mineral lands mines and mining property for gold, silver copper lead and other ores, and to treat said ores with
 proper appliances, machinery, plants, smelt CTS, reduction plants. etc. to produce gold silver. copper lead and other metals to sell, exchange. dispose of and convey any and all property acquired in the conducting of said business tO purchase. erect and operate any and all kinds Of buildings, mining machinery, heiStS. reduction plants, smelters and machin- cry necessary to properly carry or and con duct said business and to do all things neces- Sary and proper to successfully carry on and conduct said business of said corporation.
 THIRD
 That the amount of capital stock authorized and to be issued Is and shall be Six Hundred Thousand (s600 900 O0) Dollars, divided into Sixty Thousand 6O,OO9l shares of the par value of Ten 5000 Dollars per share, which may be paid in at once or from time to time, and in cash as called for by the directors of said or by conveyance, transfer or deliy cry to said company of property which may be purchased by said company. or by rendition of services or performance Of labor for said or by the satisfaction and discharge of any obligation or obligations which may be incurred by said company or in any other law ful manner that may be determined upon by the directors of said company.
 All the shares Of said Ipital stock when is- sued shall be fully paid, and the same shall be forever nonaSseSsable.
 FOURTH That the time of the commencement of said corporation shall be the date of the filing of certihed copy of these Articles of Incorpora- lion in the onice Of the Auditor of the Terri. tory of Arizona which shall be certified copy pf these Articles of Incorporation, after filing |n the office of the County Recorder of the County of Gila. in the Territory Of Arizona, and the time of the termination of said cor poration shall be twenty five years from and After the date Of such filing in said offlce of the Territorial Auditor.
 FIVE
 Section r. That the officers by whom the af- fairs of said company are to be conducted are md shall be nine gl directors, who slall be elected upon the first Monday liter the first Tuesday of January of bach year. There shall also be a pres bent, vice president. a treasurer and sec 'etary Of the company, and such other ofi- ,ers as may he provided for by bylaw, all of Nhom shall be elected or appointed in such banner, and at such times. and for such terms ss the bylaws may prescribe. The directors shall hold office for one year rom the time Of their election and until their shall be elected and qualified.
 No person shall be a director who shall not, lt the time of his election or appointment be De holder of one or more shares of the capi- al stock.
 |,Svc. 9. All elections Of directors shall be by ,allot. at the annual meeting of the stock ,plderS, and every stockholder shall have the ight to vote in person.or by proxy the number shares standing in his name on the books of he company for any and all persons as drec- crs to be elected in such manner as is pro 'tded by the bylaws of the company ISec g. The affairs of said corporation are Io be conducted by Board of Directors com 'osed of nine 60 members, and are Thos. A. Pascoe, J. Il Hamill, Chas T Martin, E. E. Elder A. F Malsch, Harry Sultan. Paul Mi haelson, E. r. Shanley, Patrick Rose NSaid directors hereby appointed shall hold Dice until the annual election to be held on Dc first Monday after the first Tuesday of January 1905, and until their successors are |Iected and qualified Said above named per onS hereby appointed directors are not ineli. 1ble as such because of not holding any hares Of the capital stock of said company at he time of their appointment as such direc- ors
 SIXTH
 HThe highest amount of indebtedness or la- 4lity direct or contingent (exclusive of it's Apital Stocl) to which said company is at any 4ne to subJec itself. or ha subjected. shall pt exceed Ten ThouIaad tslONOJ Dollars SEVENTH RThe private property of the members Of this prporaton, and the stockholders thereof. nall be exempt from liability for the corpo- ste debts of whatever kind or nature. .ln Witness Whereof, we have hereunto set pr hands and seals this 26th day of Noyem. er, 1901 T. A. PASCOE lseau PATRICK ROSE TSeall HARRY SULTAN lSeaD FhRRlToHY or ARIZONA, County of Gila.
 \ On this 26th day Of November. 1901 before pe, Hinson Thomas notary public in and pr the County of Gila and Territory of Arizo. R duly commissioned, sworn and qualified,