Arizona silver belt. [volume] (Globe City, Pinal County, Ariz.) 1878-19??, 1906-08-09
Board Of Supervisors Of ella
County, Arizona Territory
[Seal. W. D. FISK, Clerk.
ARTICLES OF INCORPORATION
OF THE
Hercules Copper Company

Know All Men by These Presents
That we, the undersigned, do hereby
associate ourselves together for the
purpose OF forming corporation under
and pursuant to the laws of the Terri
tory of Arizona, and to that end adopt
the following Articles of Incorporation:
Article THE names of the corpor-
tors are j. 5. Towle, James Whelan,
and H. Fl. Bru, and the name of the
corporation shall be Hercules Copper
Company" and the place in which the
principal business of the said corpora
ton shall be transacted is Globe, in
ella County, Arizona Territory, and
the corporation may establish branch
offices either within or without the
Territory of Arizona, where meetings
of the board of directors may be held.
Article III. The general nature of
the business proposed to be transacted
by this corporation is as follows: Min
ing, purchasing and developing mines;
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, coal lands, oil, gas,
asphaltum, coal, petroleum, water and
water rights and machinery, and to
nine, work, explore, operate and de-
velop the same; to engage in and carry
on the business of treating, smelling or
otherwise reducing ores, refine copper
and other metals and to sell the pro-
ducts thereof; to build railroads, cleo
trio roads, electric light and power
lines, telegraph and telephone lines and
operate the same; to do general mer-
camille and manufacturing business; to
construct and maintain reservoirs,
water works, dams and aqueducts: to
borrow money and execute notes, bonds,
mortgages, or deeds of trust to secure
the same, and in general to do all
things necessary to the proper conduct
of the business of this corporation in
the Territory of Arizona and elsewhere
not Inconsistent with the laws of the
Territory of Arizona and the United
States.
Article lII.-The authorized amount
Of capital stock of this corporation
shall be One Million Dollars
($l. 900, 0000W divided into Four Hun
dred Thousand Shares of the par value !
of Two Dollars and Fifty Cents ($2. 5O) |
each. At sLch time as the board of |
directors may by resolution direct, the |
capital stock shall be paid into this
corporation either in cash or by sale |
and transfer to it of real and personal
property for the uses and purposes of |
this corporation, in payment for which |
shares of the capital stock of this cor
poration may be issued; and the capital
stock so issued shall thereupon and
hereby become and be fully paid up and
-assessabe, and in the absence of
actual fraud in the transaction the
judgment of the board of directors as
TO the value of the property purchased
shall be conclusive
Article IV.-The time of the COM
mencement of this corporation shall be
the date of the filing of certified copy
Of these Articles of Incorporation in
the office of the Auditor of Arizona
Territory, and the termination thereof
shall be twenty-five (z5) years there
after
Article V.-The affairs of this COZ
poration shall be conducted by board
OF three directors elected annually by
and from among the stockholders OF |
this corporation. Vacancies in the |
board of directors shall be filled by
appointment by any two of the board. |
Any person so appointed to fill
vacancy in tn; board of directors shall
hold office until the next annual cleo
ton and successors are qualified. The
first annual meeting of the stockhold- /
ors for this purpose and for the tran
saction of such other business as may
properly come before them shall be
held on the first Friday of August,
A. ID. 1906, and annually thereafter on
the same day. The officers of this cor
poration shall consist of president,
vice-president, and secretary and
treasurer. Until such board of direc-
tors shall have been elected the follow.
ing named persons, who are each SUBJ
scribers to one share of the capital
stock of the corporation, shall consti-
tute the board of directors: j. S.