Arizona silver belt., 1906-04-12


 ARTICLES OF INCORPORATION Know All Men by These Presents That we, the undersigned, hereby associate ourselves together for thu purpose of forming a corporation under the laws of the Territory of Arizona Tor which purpose we hereby adopt the following as Articles of Incorporation:
 FIRST.
 The names of the incorporatols are Luther G. Stewart aud c. Jerome Clark, and the name of the incorpora- ton IS and shall be ''The Globe Western Copper Company, and the principal place for the transaction of its business shall be the town of Globe, County of Gila, and Territory of Arizona; and it may have branch offices for the pur- pose of transacting any business of any Kind and nature whatever at any and all such places as the board of directors may from time to time determine.
 SECOND.
 The general nature of the business to be transacted is as follows:
 To acquire in any part of the world, Dy purchase, condemnation, exchange, location, appropriation, or in any other manner whatsoever, or in any manner whatever, to receive, own, hold, use, operate, lease, supply, mortgage, sell, or otherwise dispose of in any part of the world mines. mining properties, ores, deposits of mineral, rock, earth, water, water-rights, power, light, res ervoirs, canals, fumes, ditches, pipes, tunnels, acqueducts, dams, sites, rights of way, or other easements, mills, smelters, or other machinery, saw mills, stores, hotels, boarding houses, yes sels, tramways, or other kinds of prop erty.
 THIRD.
 To contribute in any manner to the expense in promoting, constructing, improving, or maintaining in any part of the world, of any kind whatever, however owned, which in the judgment of its board of directors for the time being may be calculated, directly or indirectly, to advance the interests of the Company, and to buy or otherwise acquire, hold, guarantee, pledge, or contract with reference to, or other wise dispose of in any manner the shares, bonds, obligations of this or of any other corporation, or of individu- als.
 FOURTH.
 To promote, maintain, do, perform, execute, acquire, own, hold, or dispose of, each, all, or anything incidental, convenient, or proper in the judgment of the board of directors for the time being, to carry out or perform any of the matters, things or purposes afore- said, or connected herewith, or to exer- else or acquire any rights or franchises or privileges which may deem ne- cessary, requisite, convenient, useful, incidental or auxiliary, to any of the purposes, objects or things herein, or that in the judgment of the board of directors may tend to advance the in terests of the Company directly or in directly.
 TIT Il.
 The amount of the capital stock of this corporation shall be Two Million Dollars, divided into Two Hundred Thousand Shares of the par value of Ten Dollars Each; such stock shall be forever non-assessable, and the time when and the conditions which it is to be paid are as follows, to-wit:
 The whole of the capital stock may be paid in cash or in property or valu- able services necessary for the pur poses of the corporation, upon resolu- tion of the board of directors and evi- dence of title and value satisfactory to said board of directors.
 SIXTH.
 The time of the commencement of this corporation shall be the date of the filing of these Articles for record in the office of the Auditor of the Terri tory of Arizona, and tn, termination thereof shall be twenty-five years thereafter.
 SEVENTH.
 The affairs of this corporation are to and they shall be conducted by board of directors consisting of not less than five persons and not more than nine, to be determined by a majority vote of the stock, who shall be elected annu- ally on the 3lst day of March, A. D. 1906, by the stockholders, and on the said date annually thereafter during the life of this corporation, and no per son shall be eligible to the office of board of directors unless he is stock holder in the corporation; said board of directors shall ha power to fill any va .ancies occurring in their body, but this shall not be construed to mean that such board of directors may create a vacancy, and until the election of such board of directors the incorporators herein shall manage the affairs of the said corporation.
 EIGHTH.
 The highest amount of indebtedness or liability, direct or contingent, to which this corporation is at any time to be subject is the sum of Fifty Thous- and Dollars.
 NINTH.
 The stockholders of this corporation and their private property shall be ex- avonf fvCv,, tho Iahto of +bo oorooro