Bisbee daily review., 1905-07-06
ARTIoLEs OF INCORPORATION
CT the Deroersta csnanea, seno=ai
 Copper Company.

forming a corporation under the laws of the Territory of Arizona, do hereby certify as follows, to-wit: |.
 First-Thst the name Of this eorpo- ration shah De DEMOCRATA CANA NEA SONORA COPPER COMPANY.
 The principal place of business of said corporation within the Terrrory of Arizona is at Bisbee, County of Co chlse, 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 of cop per, gold, silver, lead and mineral and an other lands of any kind or descrip- ton whatsoever, and to explore, Ope-- ate. develop. lease CT sell the sames ana to erect and maintain mills, re. auction works, leaching plants, con- centrators, concentrating works, con vertoTs and refining works, and any and all kinds of mining ana mill- 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- ehandise business; 70 acquire by pur- chase, location and in 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, >ano 10 own all or any part of the capital stock or bonds of other corporations, chat tels, goods, wares, merchandise and chooses 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 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 ether property this corporation pos sesses, be seized of or S|etitlsd to; 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 CT deeds of trust to secure the same, and to loan money at such time and rate upon such securities as its Board of Directors may deem proper or see fit.
 Third-The autho-izea amount of capital stock of this corporation shall he Three Million (s3,000,00O) Ooilars, divided into 3o0.00 shares with q par value Of $I0 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 ton nay be issued. and the capital stock so issued shall .thereupon and thereby become and be fully paid and non-assessable, and n 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 shssl be the day of the filing Of these articles of record in the office of the county recorder Uf the County of Cochise, in the Terr1to- " 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 Q Board ef Directors consisting of not less than three persons and not mere than seven persons; and Leo c. Cloud, H H. Hoffman and A. Eldridge shall con- gtitute the Board of Directors until the annual stockholders meeting, which shall be held on the last Tues day of May, 1905.
 The successive Boards Oi Directors shall hereafter be elected annually at the annual meeting of said corpora ton, which shall be held a. the hour of two O'clok p. n. On the last Tues day of May.
 The officers of said corporation shall consist of president, vice-pres- ident. secretary, treasurer and gen eral manager, which said officers shall be elected al the annual meeting of the Board of Directors of the compa, ny, which annual directors meeting shall be held annually immediately following the adjournment of the an- nUai stockholders meeting as hereto fore specified.
 Al directors and officers of this cor poraton shall hold office after being duly elected and qualified uDtil their successors shall be duly elected and qualified. If any vacancies shall oc- eur in the office of director such va eancy shall be filled by the remaining nembers of the Board.
 6.xth-Privzte' property Of the stockholders of this corporation shall be exempt from corporate debts of any kind whatsoever.