The oasis., 1905-09-16
Aaflrlk. nT LacnafonAfIoN
of fHf s0SoRfNsE PROTECTING & DEVELOP. fNn COMPANY

  Nxow Alb NfN eY fursr rHFsgNrs
 That We whose hands 8re hfrcnutu aihxcd dn hereby associate ourselves together iur the purpose pf forming corporation under ihe aws of the Territory uf Arizona. and Co that end fnake the following statement.
 Ffnsr. The names 0i the cnrpornt0rs arc I Friend. John N WoDdrum. VI E. Hope wood and Allen [ Bird and ihe name oi the corporation shall be THE ~ONORENSE PROS PEGTfNG x DEVELOPING COMPANY. The principal place within the Territory of Ari- xona in which the business oi this corporation K e be transacted is NogAes, santa Cruz county, Arizona, and the corporation may es- tablish branch offices either within or without the Territory of Arizona, where meetings of the board cf directors may be held.
 SECOND The general nature of the business proposed to be transacted by this corporation k as follows Go wit: general denouue ing, locating, prospecting developing and mining business, in the State of Son0- I'll. Republic of Mexico, with power to make contracts; to purchase, lease, bond locate or otherwise acquire, own exchange sell CT otherwise dispose Of, pledge, mortgage hypothecate and deal in real estate and any and all kinds of personal property; mines mining claims, oil lands coal lands, mineral lands. oil. gas coal, shnle, asphaltum petrole- um, asbestos, salt water and water rights and machinery, and to work, mine, explore, oper- ate and develop the same; and i'll general to do all things necessary to the proper conduct of the business of this corporation in the terri- tory and elsewhere, not inconsistent with the laws of the United States and the Territory of Arizona, or the State ol sonora and Re- public of Mexico
 THiRD The authorized amount oi the capital stock 0f this corporation shall be One Million dollars t$l ,000 O00l divided into Two Hundred Thousand (200000) shares of the par value of Five dollars ($5) each. At such times as the board of directors may by resolution direct said capital stock shall be paid into this cor poration, either in cash or by the sale and transfer to IL, of real or personal property for the uses and purposes of said corporation, ir payment for which shares of the capital stock of said corporation shall be issued, and the capital stock so issued shall thereupon and thereby become and be fully paid up and non assessable, and in the absence of actual fraud in the transaction the judgment of the direc- tors as to the value oi the property purchased shall be conclusive
 FOURTH The time of the commencement of this corporation shall be the date of the filing of certified copy If these Articles of Inc0rpor- ation in the office Of the territorial auditor, and of the recorder of santa Cruz county, and the termination thereof shall be twenty-five years thereafter
 FIFTH The affairs 0f thiseorporaticn shall he conducted by board of five directors and the following named shall constitute tho board 0f directors until their successors are elected |. '. Friend, John NJ. Woodrnm, NJ V, Parker Thereafter the board Of directors shall be elected from among the stock holders on the first Monday in Ausnst cl each sNAI. LIE NhiNNfA VI Nhlu N1IpNIhtitb WMtll their successors are elected shall be-. Allen T. Bird, president, l.. c Friend general manager and vice president; M. E. HDpwood, secretary John M, WsCdrum, treasurer
 SIXTH The highest amount ol indebtedness of liability, direct or contingent to which this corporation IS " any time subject shall be Twenty-Five Thousand dollars (S25 00Al which amount does not exceed twU-thirds the amount of capital stock
 SEVENTH The private property of the stock holders cf this corporation shall be exempt from corporate debts of any kind whatsoever
 fN WITNESS WHEREOF, we have hereunto set our hands and seals this fifteenth day of August, A. b iq95 l.. '. FRIEND gSEALl
 !. NJ Wo0pRuM lsEALl
 NJ. E. HorwooD IsEALl
 ALLEN I BIRD tsEALl