Graham guardian., 1906-08-03

laws OF the Territory OF Arizona, and to that
end make the following statement
FIRST: The names of the corporators are
James K. Bell John r. Hill, Joseph g Van
Fleet, William s. Boyd, Matthew II, Ramage,
Edward J. Dimmick, and BENJAMIN +.
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 thn Terri
tory of Arizona is 10 be transacted is Phoenix,
MaricNpu Comfy, Arizona. and the principal
place Of business of said corporation outside
of the Territory of Arizona, shall be the City I
Washington in the District of Colombia, a
which meetings of the stockholders and the
board OF directors may be held, and the r
pOration may have such branch offices either
within or 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, tOwit: The develO ping 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
other Use 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, asphatum, petr leum, 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 Ariz ma
THIRD The authorized amount of capital
stock of this corpO alton shall be Three Million
Dollars 49, GOO, ,OO0D divided into Three Hundred
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 proper 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
in the transaction the Judgment Of the direc-
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 filing
of a certified copy Of these rite es OF lncorpO-
ration in the Office Of the territorial auditor and
the termination thereof shall be twenty-five
years thereafter.
FIFTH The affairs Of this corporation sha
be conducted by a board of not less than seven
nor more than twenty-one directors and the
following named shall constitute the board Of
directors until their successors are elected:
James E, Bell, John X. Hill, Joseph S. Van
Fleet William $ Boyd, Matthew II. ROmage,
Edward J. DimmiCk and Benjamin #. 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. kamage.
SIXTH: The highest amount of Indebtedness
or liability, direct or contingent, TO which this
corporation Is at any time subject shall be
Two Million Dollars, (s2,0OO0O0) which at 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 hertuntO set our
hands aud seals this oath day Of May, 1906.
JAMES +, BELL, SEAL
JOHN X. Hill. sEALl
JOsEPH 5. VAN FLEET, SEAL
WILLIAM :. BOYD, sEAi1
MATTHEW II. RAMAGE, lsEALl
EDWARD l. DINNICK, ISENIl