The oasis., 1905-09-09
AnIIeLE. of INnonraaAILga
of ffe sOyOnEssF PROSPECTING DEVELOP fNN COMPANY

NsOw ALi WFs eY IHFsF prEsEg1s
 That we whose hands arc hefeHHf0 aiIlxna du hereby a*sOoiHfe ourselves together fOr tNo purVNe" Of forming corporation under fhr laws of Che Territory of Arizona, and to that end make the following statement
 FIRST The names oi ihe corpofatOrs are L. C Friend. John N WOOdrum M E.. HOp- wood and Allen T Bird and the name of the corporation shall be TIE SONORENsE PROS PECTIN6 DEVELOPING COMPANY. The principal place within the Territory Of Ari- 20na in which the business of this corporation K Co be transacted is Nogales santa Cruz county, Arizona, and the corporation may es- tablisn branch offices either within or without the Territory 0f Arizona, where meetings of the board of directors may be held
 SECOND: The general nature of the business proposed 10 be Transacted by this corporation IS as follows Go wit generai dem8unc- ing locating, prospecting, developing and mining business, n the State of SOn0 ra Republic 0f Mexico. with power to make contracts t0 purchase lease bond locate or otherwise acquire, own. exchange, sell or otherwise dispose of pledge, mortgage, hypothecate and deal in real estate and any and all kinds oi personal property; mines, mining claims, oil lands, coal lands, mineral lands. oil gas, coal, shae asphalfum, petrOle- uln, asbestos, salt, water and water rights and machinery, and t0 work. mine, explore, Oper- ate and develop the same and in general t0 do all things necessary to the proper conduct of the business of this corporation in the terri- tory and elsewhere. not inconsistent with the
 
 Arizona, or the State Of sonora and Re public of Mexico.
 THIRD The authorized amount of the capital stock of this corporation shall be One Million dollars (Sl40000001 divided into Two Hundred Thousand (l0OU00| shares of the par value of Five dollars (Sal each. At such times as the board Of directors may DIV resolution direct, said capital stock shall be paid into this cor poration, either in cash or by the sale and transfer 10 it, of real or personal propeFty for the uses and purposes of said c0rpoIation ir payment for which shares of the capital stock 0t said corporation shall be issued. and the capital stock so issued shall therenn0n and thereby become and be fully paid LID and nom asSeSsable, and in the absence ~ actual fraud tn the transaction the judgment VI The direc- tors as to the value ol the property purchased shall be conclusive.
 F0URTH; The time of the commencement of this corporation shall be the date of the filing pt q certified copy oi these Articles Uf IncOfpOr- ation in the oi1iee of the territorial auditor, and of the recorder If santa Cruz county and the termination thereof shall he tWenty-fiye years thereafter.
 FIFTH; The aHafrs 0f Incorporation shall De conducted by . board 0f rive directors and the following named shall constitute the board of directors until their successors are elected: l. z, Friend, John M Woodrum, M. E. Hopwood Allen T. Bird and Ned D. Parker. Thereafter the board of directors shall be elected from among the stock holders on the first Monday in AusNst of each year. The officers 0i said corporation until their successors are elected shall be. Allen n Bird, president. L q Friend general manager and vice president, M E iI0pW00d. secretary John M. Weoagum, treasurer
 SIXTH The highest amount of indebtedness CT liability, direct or contingent. to which this corporation k at any time subject shall he Twenty-Five Thousand dollars lS25 a49 which amount does nat exceed tWo-thfeiS the anount of capital stock
 sEvENTH The private property ot the stock h9lanrs Cf this corporation Shall be exempt from corporate debts nf ang kind whatsoever.
 IN WITNESS WHEREOF, we have hereunta set our hands and seals this fifteenth day of August, A. D. 1911 |. q. FRIESB TsEALI
 j. M. W0opRUN fsEAL1
 N. E. lioPWODD lSEALl