Arizona silver belt. [volume] (Globe City, Pinal County, Ariz.) 1878-19??, 1906-11-04

StructiOn of roads and roadWayS, the
erection and maintenance of works,
mills, factories, shops and other struct-
ures; 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 construction, main
tenance 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 prop
erty, rights or franchises of this cor
poration, the acquisition, purchase, sale
or other disposition OF the stocks, bonds
or other securities of other companies,
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 is and shall be the sum of
one million Isl, 900, 000) dollars, which
capital stock shall be divided into one
million shares of the par value of one
dollar each share. Each share of stock,
when issued, shall be first fully paid
for in cash or its cash equivalent, and
such shares of stock, when 50 issued,
shall thereafter be worcestershire.
ARTICLE w.
The time of commencement of this
corporation shall be the time when
these articles shall be filed in the Office
of the county recorder of ella county,
Territory of Arizona, provided that a
certified copy thereof shall be filed in
the Office of the territorial auditor of
Arizona; publication of such articles
shall be made and affidavit of such
publication filed in the manner and at
the times required by law. The term
nation of this corporation shall be
twenty-five years from and after the
date of filing of the certified copy of
said articles in the office of the auditor
of the Territory of Arizona.
ARTICLE V.
The affairs of this corporation shall
be conducted by board of three d.
rectors, elected annually by and from
the stockholders herein. The first an
nual meeting of the stockholders for
this purpose and for the transaction o
such other business as may properly
come before them shall be held on the
fourth Tuesday in October, A. ID. 1870
and such annual meetings shall there
after be held on the same day in each
succeeding year. The officers of this
corporation shall consist of president,
vice-president, a secretary, a treas
urer and a general manager; until such
board of directors shall have been elect
ed, the following named persons, who
are subscribers to one share each on the
capital stock of this corporation, shall
constitute the board of directors: S. G..
Reading, w. f. Anthony and F. l..
Toombs; and until such time the fol-
lowing named persons are hereby made
and constituted the officers of this cor
poration: S. G. Reading president; w.
+. Anthony, vice president; +. l..
Toombs, secretary and treasurer.
Such board of directors shall have
power to fill all vacancies in such board
or the office thereof, caused by resig-
nation or otherwise, and until their
successors are elected and qualified
such board and such officers are
hereby given the power and
authority to do and perform
any and all duties usually con-
nected with like Offices, which powers
and dut es. while so acting as officers
and directors of this corporation, shall
include the adoption of corporate seal
and the affixing thereof to any stock
certificates or other instruments of
writing which may be issued or exc
cuted by them under the powers here
in conferred, as well as the adop-
ton of all necessary bylaws for
the internal conduct and management
of the affairs of this corporation
provided that no director performing
any duty as director of this corpor-
alton shall receive any salary or com
pensation therefor.
ARTICLE VII,
The highest amount of Indebtedness
or liability to which this corporation
shall at any time subject itself shall be
and is hereby fixed at the sum of two
hundred thousand $500. 000) dollars.
ARTICLE VIII.
Private property of stockholders in
this corporation shall be exempt from
liability for the payment of corporate
debts.
In witness whereof, the incorporators