Arizona republican., 1906-07-04
ARTICLES OF iNcoRPORATION
 of the BRAZILIAN AND MEXICAN CON SESSIONS EXPLOITING
 COMPANY.

Know All Men by These Presents:
 That we. the undersigned do hereby associate ourselves together for the purpose of forming a corporation under the laws of the Territory of Arizona and to that end do declare:
 First: The name of the corporation shall be THE BRAZILIAN AND MEX ICAN CONCESSIONS EXPLOITING COMPANY. The principal office of the company in Arizona shall be at Phoe- nix, Arizona, and the corporation may have such other offices, principal or branch, either within or without the Territory of Arizona, as may be estab- lished by the Board Of Directors, at which meetings of the stockholders and Board of Directors may be held
 Second: The general nature of this corporation is as follows, to wit: Min ing for diamonds, precious stones, gold silver and other minerals, the prepar- ation and marketing the same. The car rytng on the business of grazing and animal industry; general trading and merchandising. The construction and operation of roads, railroads. lighting power, telegraph and telephone lines, tramways, electric lines, steamships steamboats and all other forms of transportation incidental to and nec- essary in the conduct of its affairs. The buying and selling of timber lands and lumber The right to purchase or sell all water rights and power, dam streams, divert streams, impound wa ter and sell same, conduct water from it's natural courses to other points either for purpose of irrigation, power or other use sink wells and pump same. The acquiring by purchase or grant of concessions and businesses of all descriptions in the United States of America or the Republics of Brazil and Mexico the development, management and exploitation of same, the sale or exchange of same to individuals or cor porations at any time the Board of Di- rectors may See fit or proper. For all these purposes the company will ac- quire. hold, use and work, such rights and property as may be necessary in the conduct of it's business. The com pany shall have power to carry on It's business and operations in the United States of Brazil, the United States of America, the Republic of Mexico and in all other countries in the world
 Third: The capital stock of the cor poration shall be ten million dollars (10.0O0,000) divided into ten million shares of the par value of one dollar each, and the said stock shall be issued
 
 time as the Board of Directors may designate, in exchange for cash. prop erty, services, or other valuable right or thing, and the judgment of the di- rectors as to the value thereof shall be conclusive.
 Fourth: The time of commencement of this corporation shall be the date of the filing of these articles of incorpora- tion in the office of the auditor of Ari zona and the termination thereof shall be twenty-five years thereafter.
 Fifth: The affairs of this corpora tion shall be conducted by board of directors consisting of not less than three persons, who shall be elected an- nually on the fourth Wednesday of May of each year.
 Sixth: The highest amount of in debtedness or liability, direct or con- tingent, to which this corporation is at any time subject, shall be six millions of dollars ($6,OOO,OOO) which amount does not exceed two-thirds the amount of the capital stock.
 Seventh: The private property of the stockholders of this corporation shall be exempt from the corporate debts of any kind whatsoever.
 Eighth: Among the powers of this body corporate shall be 1st, to have perpetual succession; 2nd, to sue and be sued by the corporate name: 3rd. to have a common seal and to alter the same at pleasure; 4th, to render the shares of the company transferable and prescribe the mode of making such transfers; 5th, to make contracts ac- quire and transfer property, possessing g the powers in such respects as private individuals now enjoy; 9th, to estab- fish bylaws and make all rules and regulations deemed expedient for the management of the affairs of the com pany.
 In witness whereof, we have here unto set our hands and seals this sec ond day of June. 1906.
 TIMOTHY HURLEY (SeaD
 VALENTINE ROBINSON (SeaD
 M. F. ADAMS (SeaD Signed and sealed in the presence of
 NJ. TURNER,
 E. s. BROWN.
 State of New York.
 City and County of New York-ss.
 Before me NJ. Turner Ga notary pub lie in and for said county and state) on this day personally appeared Timothy Hurley, Valentine Robinson and M. F. Adams, known to me to be the persons who subscribed to the foregoing in- strument, and acknowledged to me that they executed the same for the pur- pressed.
 Given under my hand and seal of of flee this End day of June. 1906.
 (SeaD M. TURNER, Notary Public (5S) Go. of New York