Arizona silver belt., 1906-01-25

the Territory of Arizona, by resolution adopted at any special or regular meet ing of stockholders herein, and at such places any and all business may be transacted which may not be in conflict ] with the laws of the Territory of Ari- zona or of any state or territory where such branch office or offices may be maintained.
 ARTICLE II. The general nature of the business proposed to be transacted is as follows. to-wit: The purchase, acquisition and sale of copper and other mines and mining property; the work ing, operation and maintenance of the same; the holding, purchase and con- veyance of real estate useful or con- venient for the purpose of it's business. either in or out of the Territory of Arizona, and the mortgaging or leasing thereof; the construction and mainte- nance of reservoirs, waterworks, dams and aqueducts; the construction, opera ton and maintenance of railways, roads and roadways; the erection and main- tenance of works, mills, factories, shops and other structures and build ings, engaging in and carrying on the business of treating, smelling and re- lining 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 erection, mainte- nance 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 proper ty, rights or franchises of this corpora tion; 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 shall be and is the sum of Two Million Five Hundred Thousand ($2, 300, ,000) Dollars, which capital stock shall be divided into One Hundred Thousand GOO, O00) shares of the par value of Twenty-Five 1925. .00) Dollars each share. Each share of stock when issued shall be first duly paid for in cash or in property, or in services of cash equivalent, and such shares of stock when so issued shall thereafter be non-assessable.
 ARTICLE IV-The time of commence ment of this corporation shall be the time when a certified copy of these ar 1 ticles shall be filed in the office of the auditor of the territory of Arizona, and the termination hereof shall be twenty ! G,fa fent, md af ftnr cold Aafn | ARTICLE V. The affairs of this cor poration shall be conducted by board i of five directors elected annually by and from among the stockholders here in. The first annual meeting of stock | holders for this purpose and for the ] transaction of such other business as may properly come before them, shall J be held on the first Wednesday of March A. D. 1906, and such annual meetings shall thereafter be held on the same day of each succeeding year. The officers of this corpo ration shall consist of president, vice president, sec retary and a treasurer. Until such i board of directors shall have been elected, the following named persons who are subscribers to one share each of the capital stock of this corporation shall constitute the board of directors s. l.. Gibson, Wm. Henderson, John l.. Alexander, George J. Stoneman and De Loss Copelan, and until such time the following named persons are hereby made and constituted the officers of this corporation: $. l.. Gibson, presi- ident and treasurer; Wm. Henderson, vice president; George J. Stoneman, secretary. Such board of directors shall have power to fill all vacancies in such board or the offices thereof caused by resignation or otherwise, and until their successors are elected and quail fled, such board and such officers are hereby given the power and authority to do and perform any and all duties usually connected with like offices, which powers and duties while so acting as such officers and directors of this cor poration. shall include the adoption of a corporate seal and the affixing thereof to any stock certificates or other in- struments of writing which may be is sued or executed by them under the adoption of all necessary bylaws foi the internal conduct and management of the affairs of this corporation. N ulreclor peTlOrHiifS any uuly iHpOSeo upon him as director of this corpora tion shall receive any salary or compen sation therefor.
 ARTICLE VI.--The highest amount oi indebtedness or liability to which this , corporation shall at any time subject itself, shall be and is hereby fixed al the sum of Two Hundred and Fifty ' Thousand ($25O, ,0O0.0O) Dollars.
 ARTICLE VII. Private property ot stockholders in this corporation shall bt exempt from liability for the payment of corporate debts.
 l In witness whereof the incorporator! } have hereunto set their hand.
 this seventeenth day of January A.D' 1906.
 s. l.. GIBSON.
 VIM. HENDERSON.
 JOHN l.. ALEXANDER.
 GEORGE J. SToNEMAN. D. l.. COPELAN.
 TERRITORY OF ARIZONA, ss
 County of Gila. ''
 .