Graham guardian., 1906-08-10

laws of the Territory of Arizono, and to that
end make the following statement:
FIRST: The names of the cOrporators are
James +. Bell, John r. Hill, JO.eph 5. Van
Fleet, William s. Boyd, Matthew H. Ramage,
Edward j. Dimmick and Benjamin F.
Edwards, and the name of the corporation
shall be Consolidated Copper Company OF
Arizona. The principal place in which the
business of said corporation within the Terri
tory of Arizona is to be transacted is Phoenix,
Maricopa County, arizona and the principal
place of business of said corporation outside
OF the Territory Of Arizona, shall be the City OF
Washington, in the District of Colombia, A.
which meetings of the stockholders and the
board of directors may be held, and the I,
poration may have such branch offices either
within OF without the Territory of Arizona as
may be established by the board of directors.
SECOND: The general nature of the business
proposed to be transacted by this corporation
Is as follows, to.wit: The developing OF copper
and other mineral lands in the United States,
and the mining and smelling and milling OF the
minerals found In the property owned by said
company, particularly in Arizona. 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, oil,
gas asphaltum, petroleum, asbestos, sat,
water and water rights and machinery, and to
work, mine, explore, operate and develop the
same and In general to do all things necessary
to the proper conduct of the business OF this
corporation In the territory and elsewhere, not
inconsistent with the laws of the United states
and the Territory of Arizona.
THIRD: The authorized amount of capital
stock of this COrpo alton shall be Three Million
Dollars, (SS, 600 000) divided into Three Hupdred
Thousand Shares of the par value of Ten
Dollars $1,000 each. At such time as the
board of directors may by resolution direct,
said capital stock shall be paid into this cor
pOration, either in cash or by the sale and
transfer to II of real or personal properly for
the uses and purposes of said corporation IN
payment for which shares of the capital stock
of said 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
I'm the transaction the Judgment of the direct
tors as to the value Of the property purchased
shall be conclusive.
FOURTH: The time of the commencement of
this corporation shall be the date of the fling
of a certified copy of these Articles of lncorpo.
ration In the 0fiCe of the territorial auditor and
the termination thereof shall be twenty-five
years thereafter.
FIFTH: The affairs Of this corporation shall
be conducted by board of not less than seven
nor more than twenty.one directors and the
directors until their successors are elected:
James 4. Bell, John X. Hill, Joseph s. Van
Fleet William g Boyd, Matthew IL, Ramage,
Edward j. Dimmick aud Benjamin f. Edwards,
Thereafter the board of directors shall be
elected from among the stockholders on the
first Monday of May of each year. The officers
of said corporation until their successors are
elected shall be: President, Benjamin f, Ed
wards; Secretary, Matthew II. Ramage.
SIXTH: The highest amount of Indebtedness
or liability, direct or contingent to which this
co rpOTatiOn is at any time subject shall be
Two Million Dollars, (s2, ,0O0,0OO) which ar cunt
does not exceed two-thirds the amount Of the
capital stock.
SEVENTH: The private property of the stock
holders of this corporation shall be exempt
from corporate debts of any kind whatsoever.
In witness whereof. we have hereunto set our