Arizona silver belt., 1906-11-25


 rhnt we, S. G. Reading of Williams pnt, Pennsylvania, and w. F. Anthony and F. l.. Toombs of Globe, Arizona, to hereby associate ourselves together for the purpose of forming corpora ion under the laws of the Tsrritory of Arizona, and for this purpose we do hereby declare and adopt the following Articles of Incorporation:
 ARTICLE l.
 The names of the incorporators arc s. G. Reading, w. F. Anthony and F. 1 Toombs. Tine name of this corpora tion shall be and is Unicn Copper com ra,v, and the principal ,lace of trans acting the business of this corporation slial be at the Town ot Globe, County of Gla, and Territory of Arizona, at which place the meetings of stockhold CTS and directors shall be had and held, provided that branch offices may be es- A"hlished and maintained at such other pulvvs either within or without the Territory of Arizona by resolution ..., ied at any special or regular meet ing ol stockholders herein, and at such places any and all business may be trans act;,. mich nay not be in conflict with | the aWs of ne Territory of Arizona, any sta! or territory where such ui noel osic or offices may be main- tan
 ARTICLE II.
 ihe general nature of the business proposed to be transacted is as follows, | to wit:
 The ,.irchase, acquisition and sa of cop, aad other mines and mining prope. the working, operation and nlaiut"H nee of the same; the holding, plfcnase and conveyance of real estate useful or convenient for the purposes of | it's business, either in or out of the | Territory of Arizona, and the mortgag- ing or easing thereof; the constructor and maintenance of reservoirs, wat er- wurks. dams and aqueducts; the ,n- structiun of 'oads and roadways: he tcctlun ,.. maintenance of wor6s, mills, fact, ', shops and other struct- ares; engagh. in and carrying on the business of treating, smelting md re- linibg copper and other ores anu F als aud the manufacture and sale of arti- cl.s made wholly or in part of copper or other metals; the construct on, main tenance and operation of stor, : for the sale of all articles of merchandise, the issuing of bonds, debsntures or other thligations and secUT:H the same by mortgage or lien c .dy 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, col porations or individuals, and in gen oral to do and perform any and all acts and things necessary for and incidental tu the objects aforesaid or in any-wise connected herewith.
 ARTICLE III.
 he authorized capital stock of this corporation is and shall be the sum of one million (Sl. l.000, ,000) dollars, whit h capital stock shall be divided into or e 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 it's cash equivalent, anc such shares of stock, when so issued, snail thereafter be non-assessable.
 ARTICLE ".
 The time of commencement of this corporation shall be the time wher lfCSC dIliGltS SI4dll ut llitu llt tilt OiilSt of the county recorder of Gila county, Territory of Arizona, provided that a certified copy thereof shall be filed iy the office of the terri,,..al auditor ot Arizona; publication of s-'h articles shall be made and affidavit of such publication filed in the manner and a the times required by law. The term ination of this corporation shall bt twenty-five ars from and after tho date of f'ji", 4 the certified copy oi saii artic, Il one office of the auditor nf the Tt rritory of Arizona.
 ARTICLE V.
 The affairs of this corporation shall be conducted by board of three di- rccturs, elected annually by and from the stockholders herein The first an nual meeting of the stockholders for this purpose and for the transaction such other business as may properly come before them shall be held on the fourth Tuesday in October, A. D. l90 , and such annual meetings shall there after be held ol the same day in each succeeding year. The officers of this corporation shall consist of president, 2 vice president, secretary, treas Tr.'r 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 or the capital stock of this corporation, shall constitute the board of directors: s. C.. Reading, w. F. Anthony and F. l.. Toombs; and until such time the fol lowing named persons are hereby made l k. o(y, poration: s. G. Reading president; w. F. Anthony, vice president; F. 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- tion 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- ation 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 ($200. .000) dollars.
 ARTICLE VIII.