Arizona silver belt., 1906-03-08
ARTICLES OF INCORPORATION

OF
 The Arizona National Copper Company KNOW ALL MEN BY THESE PRESENTS:
 That we, the undersigned, Thomas M. B. Hicks, of the City of Williams port and State of Pennsylvania, and LeRoy Scholl of the city of Williams port and State of Pennsylvania, and Thomas P. Kelly, of the City of Lara mic and State of Wyoming, have this day associated ourselves together for the. purpose of forming a corporation under the laws of the Territory of Ari- zona. And we hereby certify:
 FIRST. That the name of the corpor- ation shall be, 'The Arizona National Copper Company" and its principal place of transacting business shall be the town of Globe in the county of Gila and territory of Arizona.
 SECOND. That the general nature of the business proposed to be transacted by the said corporation is as follows: The buying, leasing, holding and selling of mines, and the mining, milling, smelting. treating and marketing of copper, gold, silver, and other ores and metals, and the doing of any and all things appropriate to the successful carrying on of the said business, in cluding the constructing and operating of railroad or railroads, tramway or tramways, turnpike or turnpikes, canal or canals, to lead from its principal works or place of business to some navigable stream, or to some existing railroad, turnpike or public highway.
 THIRD. That the amount of the capital stock of said corporation shall be Three Million Dollars, and the num- Der of shares into which it is divided is Three Hundred Thousand shares of the par value of Ten Dollars each, which amount is to be paid in at the times and upon the conditions follow ing, namely: The ownership of stock in said corporation shall be evidenced by certificates of stock, signed by the proper officers and under the common and corporate seal of said corporation, and shall be issued only for money, services or property paid to the cor ation, which payment shall be made within three months of the subscrip- tion to any such stock, and the cer- tificates of stock shall not be issued until fully paid for. The stock, when issued, shall be full paid and non assessable.
 FOURTH That the time of com mencement of said corporation is the first day of February, in the year of our Lord, one thousand nine hundred and six, and the time of its termina- tion shall be the thirty-first day of March, in the year of our Lord, one thousand nine hundred and thirty one. The said corporation shall have the right to be renewed from time to time for like period of twenty-five years, in accordance with the provisions of law.
 FIFTH That the officers of said corpor. ation to onduct its affairs shall con sist of board of directors, consisting of not less than three nor more than five persons, and those who shall be directors of the said corporation until others are duly elected in their places shall be Thomas M. B. Hicks, of the city of Williamsport and state of Penn sylvania, LeRoy Scholl, of the city of Williamsport and state of PeEusyl- vania, and Thomas P. Kelly, of the city of Laramie and state of Wyoming Directors shall be elected by vote of the stockholders at regular meeting on the first day of February, A. D. 1907, and on the first day of each February thereafter The board of directors shall have the power to fill any vacan- cies in said board until the then next annual meeting of the stockholders. The board of directors shall annually elect a president, treasurer, secretary and superintendent of said corporation, and such other officers as said board may from time to time provide; and may elect one person to fill any two of said offices. The board of directors shall have the power to adopt bylaws defin- ing the duties of the various officers of said corporation and for the manage ment of the affairs of the corporation, and from time to time change, alter anC amend the same; but the stockholders may at any meeting, by a majority vote of stock, change, alter or amend any of such bylaws. A majority oi the members of the board of directors, as the same shall from time to time bt constituted, shall be a quorum for tho transaction of any business. The board of directors shall have the power, upor such terms as they may determine, tt buy, sell, incumSer or convey, any property of said corporation, real ol personal.
 SIXTH. That the highest amount oi indebtedness or liability to which sait corporation shall at any time subject itself shall be Two Million Dollars The corporation shall have the power tt mortgage, hypothscate or otherwise incumber any or all of its property and shall have the power from time tt time to issue bonds, in such forms an( upon such terms as the board of direct ors may determine, to secure any or al of its indebtedness.
 SEVENTH. That the private propert, of each officer and stockholder of sai( corporation is to be exempt from al corporate debts.
 EIGHTH. That the said corporation assumes to itself and shall and does possess all the rights, rriviIeges, i'm munities and franchises granted to anC conferred upon corporations by tho laws of the Territory of Arizona.