Arizona silver belt., 1906-04-05
ARTICLES OF lNCORP0RATIoN
OF THE Apache Consolidated Copper Company.

| UT TIE
 Apache Consolidated Copper Company. Know All Men by These Presents:
 That we, the undersigned, do hereby associate ourselves together for the purpose of forming a corporation under and pursuant to the laws of the Terri tory of Arizona, and to that end adopt the following Articles of Incorporation:
 ARTICLE 1.-The names of the cor. porators aye Joseph Pfister, Edward F. Pfister and Ches T i. hMsartin, and the name of the corporatio, shall be Apache Consolidated Copper Com pany," and the place in which the principal business of said corporation shall be transacted is Globe, in Gila county. Arizona Territory, and She cor poration may establish branch offices either within or without the Territory of Arizona, where meetings of the board of directors may be held.
 ARTICLE 1.-The general nature of the business proposed to be transacted by this corporation is as follows: Min ing, purchasing and developing mines; to make contracts; to 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 of personal property, mines, mining claims, oil lands, mineral lands, coal lands, oil, gas, asphaltum, coal, petro- leum, water and water rights and machinery, and to mine, work, explore, operate and develop the same; to engage in and carry on the business of treat ing, smelting or otherwise reducing ores, refine copper and other metals, and to sell the products thereof; to build railroads, electric roads, electric light and power lines, telegraph and telephone lines and operate the same; to do general mercantile and manu- featuring business; to construct and maintain reservoirs, waterworks, dams and aqueducts; to borrow money and execute notes, bonds, mortgages or deeds of trust to secure the same, and in general to do all things necessary to the proper conduct of the business of this corporation in the Territory of Arizona and elsewhere, not inconsistent with the laws of the Territory of Arizona and of the United States.
 ARTICLE 1.-The authorized amount of the capital stock of this corporation shall be Two Million Dollars $2,000,- 900. O0), divided into Two Million Shares of the par value of One Dollar (S1. .00) each. At such time as the board of directors may by resolution direct, the capital stock shall be paid into this corporation, either in cash or by the sale and transfer to it of real and per soral property for the uses and pur- poses of this corporation, in payment 1 for which shares of the capital stock of this corporation may 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 trans ac- tion the judgment of the board of directors as to the value of the prop erty purchased shall be conclusive.
 ARTICLE W. The time of the com mencement of this corporation shall be the date of the filing of certified copy of these Articles of Incorporation in the office of the Auditor of Arizona Territory, and the termination thereof shall be twenty-five (25) years there after.
 ARTICLE V.-The affairs of this cor. poration shall be conducted by board of directors of not less than three nor more than seven persons, elected annu- ally by and from among the stockhold- CTS of this corporation. The first annual meeting of the stockholders fol this purpose and for the transaction of such other business as may properly come before them, shall be held on the first Friday of May, A. D. 1906, and annually thereafter on the same day The officers of this corporation shall consist of president, vice-president, g secretary and treasurer which latter offices may be segregated by the board of directors. Until such board of directors shall have been elected the following named persons, who art each subscribers to one share of thu capital stock of this corporation shal constitute the board of directors
 Joseph Pfister, Edward F. Pfister anC Chas. T. Martin, who shall organize and elect the officers of the corporation
 Such board of directors shall hav'
 power to fill all vacancies in such boart
 or the officers of the corporation
 caused by resignation or otherwise, ant
 until their successors are elected ant qualified such board and such officer
 are hereby given the power and author
 ity to do and perform any and all dutie
 usually appertaining to like offices which powers and duties while so actin,
 as such officers and directors of thi corporation, shall include the adoption
 of corporate seal and the affixinl
 thereof to any stock certificates O other instruments of writing necessar. or proper, as well as the adoption O the necessary bylaws for the prope conduct of the affairs of this corpora tion.
 ARTICLE VI. The highest amount O indebtedness or liability, direct or con tingent, to which this corporation shal at any time subject itself shall be am is hereby fixed at the sum of Fiv, Hundred Thousand Dollars ($500, 900. .00) which amount does not exceed two
 thirds of the amount of the authorize, r capital stock of this corporation.
 ARTICLE VII. The private propert. of the stockholders of this corporation shall be exempt from liability for tn