The oasis., 1906-03-17
ARTICLES OF INCORPORATION
 0P THR- 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 q resident and citizen of the United States of America, being desir0us of forming corporation under the laws Of the Territory of Arizona, have this day voluntarily associated ourselves together into a body cor p0rate, and do hereby make. sign and aeknowl- edge, each for himseif and d0 adopt these Articles of Incorporation, and do hereby cer- tify
 FIRST The name Of this corporation and by which it shall be authorized tD act is THE PARASITE COPPER EOMPANY.n
 SECOND, The names 0f the ineorporat0rs are Harry Austin Clappi Artlar ". Davis and Edward k. Austin,
 The principal office, or place oi transaction Of business Of this corporation shall be at the town VI Negales, santa cruz County, Territory oI AFiz9na, bnt branch offices may N kept and maintained at such other place " places either i'll the United States 0f America 0r ia foreign countries aa the BWars 9f Directors nHay ifpm time to time determine, atany 0i which oft ces meetings of the stockholders and directors may De held and all business transacted
 IHIRD. The amount oi the capital stock of| this corporation shall be Two Million Dollars lS2,e00 uU0l divided inGo Two Million shares (2,0N0,Oua1 of the par value Of One Dollar (SI.0O each.
 Al sHch times and under snch conditions as the Board @f Directors may direct such capi tail stock shall be paid into the Corporation either in cash or by the sale and transfer to it 0f real CT personal property for the useS and purposes ot said corporation in payment of which shares 9f the capital stock shall be k. sued, and such stock when issued shall be fully paid and nun-ASseSsable.
 The capital stock may be increased or de- creased by the affirmative vote of the majority of the stock then issued but in the case Of the increase of the capital stock each shareholder shall have the privilege of subscribing for such number Of shares Oi the proposed increase as he may be entitled tO according tO the number ftfg ghars hAfJ bV him ha 1fa iS i'm. creased
 FOURTH The time of the commencement Of this corporation shall be the day Of the filing of its Articles Of Incorporation in the office of the Counsy Recorder Of Santa Cruz County and q certified copy in the offiee oi the Auditor fUr the Territory of Arizona, and the termination thereof shall be twenty five years thereafter
 FIFTH The business affairs 0f this corporation shall be conducted by a Board of Directors, consisting 0f not less than three nor more than seven members, each q whom shall be stockhUider and whenever director ceases 10 be st0ckholder he shall at the same time cease 10 De q director.
 They shall De elected annually by the stock holders at their regular annual meeting which shall be on the first Wednesday in March 0f each year, after the year 1906, 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 0f Directors may be filled by the remaining members ol the board by appointment from among the stock holders, ana sUcH appointment snail Ne Tor the unexpired term for which the appointment Is made,
 The first Board of Directors shail consist Of the following persons, to-Wit Harry Austin Clapp, Arthur \. Davis, Edward K. Austin and four other persons to be named by these three. majority of the Board Of Directors shall constitute | quorum for the transaction of all business.
 SIXTH. The highest amount oi indebtedness or liability, either direct CT contingent 10 which this corporation IS at any time to sub- ject itself, shall not exceed the sum of seven Hundred and Fifty thousand ($750,e00) dollars and the private property of the stockholders Of this corporation shall be exempt from the payment of it's corporate debts.
 SEVENTH The general nature of the business proposed to be transacted by this corporation is t0 locate, buy, bond acquire, hold, own, lease, possess, operate Or sell or otherwise dis pose 0f mines and mining claims, or prospects and all kinds of mineral lands CT properties to buy, lease, or otherwise acquire, to hold and own, manage, operate, improve, mortgage, sell, convey or otherwise dispose of and devel- 0pe lands, concessions franchises, mining claims oil wells and any and all other reAl estate and interests il any of said properties; to engage in the building of stamp mills, smelters and other mills and the operating of the same, extracting precious metals. boring, digging, drilling, tunneling and exploring for, producing, refining treating piping handling, storing, dealing in, buying, and selling gold, silver, copper, coal iron, oil, lead, zine, salt, petroleum, mineral gas, asphaltum. bitumen, bitumenous rock and hydro-carb0n substances and for such other pur- poses to buy contract for. lease or otherwise acquire, hold, own, manage. operate. mort gage or sell or otherwise convey rehneries, pipe lines. tank ears, manufactories. machine Y and other works. property and appliances