The oasis., 1906-03-03
ARTICLES OF INCORPORATION
 -oF THE THE PARASITE COPPER COMPANY.

KNOW ALL MEN BY THESE PRESENTS, That we, the undersigned, Harry Austin Clapp, Arthur w Davis, Edward K. Austin, each of whom is resident and citizen of tine United States of America, being desirous I Of forming n corporation under the laws of the Territory of Arizona, have this day voluntarily associated ourselves together into body cor porate, and do hereby make. sign and acknowl- edge, each for himself and do adopt these Articles of Incorporation, and do hereby cer- tify:
 fIRsT. The. name Of this corporation and by which 1t shall be authorized to act is THE PARASITE COPPER GOMPANY.v
 SECOND. The names 0f tho incurp0rators are Harry Austin Clapp, Arthur ". Davis and Edward K. Austin,
 The principal office, or place of transaction of business of this corporation shall be at the ToWn 0f NDgales, Santa Cruz County, Territory of Arizona, but branch offices may De kept and maintained at such other place er places either in the United States of America or iA foreign countries, the Boari of Directors may from time to time determine, atany of which 0ii- ces meetings 0f the stock holders and directors may be held and all business transacted
 THIRD. The amount of the capital stock of this corporation shall be Two Million Dollars tS20O0 0t0) divided into Two Million shares l2,O000OUl 0f the par value of One Dollar tSI.00l each
 At such times and under such conditions as the Beard Of Directors may direct, such eapi- tai stock shall be paid into fhe Corporation, either in cash or by the sale and transfer 0 it Of real or personal property for The uses and purposes Of said corporation, in payment of which shares of the capital stock shall be is- sued. and such stock when issued shall be fully paid and non -assessable.
 The capital stock may De increased or ae- creased by the affirmative vote 0f the majority of the stock then issued but in the ease Qf the increase of the capital stock each shareholder shall have the privilege of subscribing fOT such number Of shares of the proposed increase as he may be entitled to according to the number Of shares held by him before the stock is in creased
 FOURTH. The time of the commencement of this corporation shall be the day of the filing of it's Articles of Incorporation in the office 0E the County Recorder Gf santa Cruz County .and II certified copy in the oIfiee of the Auditor for the Territory Of Arizona and the termination thereof shall Dc twenty five years thereafter.
 FIFTH. Tie business affairs of this corporation shall he conducted by Board Of Directors, consisting of not less than three nor more than seven members, each Of whom shall be st0ekholder and whenever director ceases to cease to be a director.
 They shall be elected annually by the stock holders at their regular annual meeting which shall be on the first Wednesday in March of each year, after the year l996, in any of the offices of the corporation, and they shall hold their offices until their successors are duly elected and qualified.
 Any vacancy in the Board of Directors may be filled by the remaining members of the board by appointment from among the stock holders and such appointment shall be for the
 
 made.
 The first Board of Directors shall consist of the following persons, to-wit: Harry Austin Clapp Arthur N. Davis, Edward K. Austin and four other persons to be named by these three. A majority of the Board of Directors shall constitute a quorum for the transaction of all business.
 SIXTH. The highest amount of indebtedness or liability, either direct or contingent to which this corporation is at any time t0 sub iect itself, shall not exceed the sum of Seven Hundred and Fifty thousand ($750 ,c00) dollars and the private property of the stockholders of thiS corporation shall be exempt from the payment of its corporate debts.
 SEVENTH. Ihe general nature Of the business proposed to be transacted by this corporation is to locate. buy bond acquire. hold, own, lease, pussess, operate Or sell CT otherwise dis pose of mines and mining claims or prospects If gold silver or copper and all other minerals and all kinds oi mineral lands or properties; te buy lease, 0r otherwise acquire, to hold and own. manage. operate improve, mortgage sell, convey CT otherwise dispose of and dexel- 0pe lands, concessions franchises mining claims, oil wells and any and all other real estate and interests in any of said properties; tu engage in the building ol stamp mills smeltere and other mills and the operating of the same, extracting precious metals, bcrihg digging. drilling. tunneling and exploring for producing, refining, treating piping, handling,