Arizona silver belt. [volume] (Globe City, Pinal County, Ariz.) 1878-19??, 1906-02-22
ARTICLES OF INCORPORATION
The Gibson Copper Co.

Know All Men by These Presents,
That we. S, L. Gibson, VIM. Hender-
son John L. Alexander, George J.lStone-
man. and De Loss Copelan, all OF the
Town of Globe, County of ella, ana
Territory of Arizona, do hereby assocl-
ate ourselves together for the purpose
of forming a corporation under the laws
of the Territory OF Arizona anu loI
this purpose we do hereby declare and
adopt the following articles OF moor
poratlon: ;o
porators are S. l.. Gibson, VIM. hehG-
erson, John l.. Alexander, George >.
Stoneman, and De Loss Copelan; the
name of this corporation shall DE ana
is The Gibson Copper Co., and the
principal place of transacting the ousi-
ness OF this corporation shall be ana Is
at the Town of Globe, County of ella,
and Territory of Arizona. at when
place the meetings of stockholders ana
board of directors shall be had and
held, provided that branch offices may
be established and maintained at such
other places, either within or without
the Territory of Arizona, by resolution
adopted at any special or regular meet
ing of stockholders herein, and ut such
places any and all business may be
transacted which may not be in conflict
with the laws of the Territory of Arr
iona or of any state or territory where
such branch Office or offices may be
maintained.
ARTICLE 1.-THE general nature of
the business proposed to be transacted
is as follows, to-wit: The purchase,
acquisition and sale of copper and other
mines and mining property; the work
ing, operation and maintenance OF the
same; the holding, purchase and con-
veyance of real estate useful or con-
venient for the purpose of its business.
either in or out of the Territory OF
Arizona, and the mortgaglng or leasing
thereof: the construction and mantle
nance of reservoirs, waterwOrks, dams
and aqueducts; the construction, opera
ton and maintenance of railways, roads
and roadways; the erection and main
tenance of works, mills, factories,
shops and other structures and build
ings, engaging in and carrying on the
business of treating, smelling and re-
fining copper and other ores and metals
and the manufacture and sale of arti-
cles made wholly or in part of copper
or other metals; the erection, mantle
nance and operation of stores for the
sale of all articles of merchandise the
issuing of bonds, debentures or other
obligations and securing the same by
mortgage or lien of any of the proper
ty, rights or franchises of this corpora
ton; the acquisition, purchase, sale or
other disposition of the stocks, bonds
L. Of oil
corporations or individuals, and in gen.
eral to do and perform any and all acts
and things necessary for and incidental
to the objects aforesaid or in any wise
connected herewith.
ARTICLE III.-The authorized capital
stock of this corporation shall be and Is
the sum of Two Million Five Hundred
Thousand (S2, 500, 000) Dollars, which
capital stock shall be divided into One
Hundred Thousand 900, 000) shares of
the par value of Twenty-Five (S25.00)
Dollars each share. Each share of
stock when issued shall be first duly
paid for in cash or in property, or IN
services of cash equivalent, and such
shares of stock when so issued shall
thereafter be worcestershire.
ARTICLE IV-The time of commence
ment of this corporation shall be the
time when a certified copy of these ar
ticles shall be filed in the Office of the
auditor of the territory of Arizona, anC
the termination hereof shall be twenty
five years from and after said date.
ARTICLE V.-The affairs of this cor
poration shall be conducted by a boarC
of five directors elected annually by
and from among the stockholders here
in. The first annual meeting of stock
holders for this purpose and for thu
transaction of such other business al
NAV properly come before them, shall
be held on the first Wednesday o
March A. ID. 1906, and such annua
meetings shall thereafter be held on tn
same day of each succeeding year. Tn
officers of this corporation shall consis
of president, vice president, sec
rotary and treasurer. Until sue
board of directors shall have bee
elected, the following named person
who are subscribers to one share eac
of the capital stock of this cooperation
shall constitute the board of directors
S. l.. Gibson, VIM. Henderson, John l.
Alexander, George J. Stoneman an
De Loss Copelan, and until such tim
the following named persons are hereb
made and constituted the officers o
this corporation: S. l.. Gibson, pres
ident and treasurer; VIM. Henderson
vice president; George j. Stonemar
secretary. Such board of director
shall have power to fill all vacancies /
such board or the offices thereof cause
by resignation or otherwise, and unit
their successors are elected and quail
fled, such board and such officers ar
hereby given the power and authorit
to do and perform any and all dutie
usually connected with like offices, whic
powers and duties while so acting a
such officers and directors of this col
poration, shall include the adoption of
corporate seal and the affixing thereo
to any stock certificates or other in
struments of writing which may be is
sued or executed by them under tn
powers herein conferred, as well as tn
adoption of all necessary bylaws fo
the internal conduct and management
of the affairs of this corporation. N
director performing any duty impose
upon him as a director of this corpora
ton shall receive any salary or compeI
sation therefor.
ARTICLE VI.--The highest amount c
Indebtedness or liability to which TIL