The oasis., 1907-08-03
ARTICLES OF INCORPORATION.

KNOW ALL MEN BY THESE PRESENTS: That we, the undersigned, having associated cur selves for the purpose of forming corporation under Chapter II of Title XIII, Revised Statutes of Arizona, 1901, and Acts amendatoTy thereof, hereby adopt the following Articles of Incor- p0ration:
 ARTICLE l. The name of the corporation shall be SONORA CENTRAL MINES COM PANY. and its principal place of business shall be Nogales Arizona, but other offices may be established and maintained within or outside Of Arizona at such places as the Board of Di- rectors may designate where meetings of stock holders and directors may be held.
 ARTICLE IL. The general nature of the tusi- ness proposed to be transacted is mining mII- ling, converting, preparing for market and otherwise producing and dealing in gold, silver, copper lead zine, brass, iron, steel, al all kinds of ores metals and minerals, oils, gas and coal, and the products and by-products thereof; to purchase or otherwise acquire, own, exchange, sell CT otherwise dispose of mort gage. hypothecate and deal in mines and min- eral lands ot all kinds, oil coal and timber lands real and personal estate, agricultural lands water and water rights, and to work ex- plore. operate and develop the same; to pur- chase UT otherwise acquire, erect, own, operate and dispose ot smelling and ore reduction works, oil refneries, saw mills, .and power plants; to do general manufacturing and mercantile business; to own, handle and con- trol letters patent and inventions and shares of its own capital stock and that of other corpoT- ations. and to vote any shares of stock owned by 1t the same as natural person might do; to issue bonds, notes, debentureS, and other evidences of indebtedness and secure the pay ment of the same by mortgages, deed of trust or otherwise; to act as agent, trustee, broker, or ln any other hducary capacity and to borrow and loan money: and in general to do and perform such acts and things and transact such business in connection with the foregoing objects, not inconsistent with law iu any part of the world the board of directors may deem to the advantage of the corporation.
 ARTICLE III. The capital stock of the corpor- ation shall be Ten Million Dollars ($l0,000,- 00Ot O, divided into One Million Shares q O0O- 000) of the par value of Ten Dollars ($1000) each, which shall be paid for at such times and i'll such manner as the board of directors may designate. All or any portion of the capital stock may be issued iii payment for real or personal property, services, or any other right or thing of value, for the uses and purposes of the corporation, and when so issued shall be- | come and be full-paid the same as though paid | for in cash at par; and the directors shall be ! sole judges of the value of any property. right or thing acquired in exchange for capital stock. Nc shares of capital stock shall be issued until 1 fully paid fer and thereafter shall be non-as- sessable
 ARTICLE " The commencement of the ecr- poration shall be the day these Articles aIe | filed in accordance with law and the termina- 1 tion thereof shall be twenty-five years there after, with privileges of renewal as provided | by statute.
 shall be conducted by board of fifteen erect ors and the following named shall col, titute ! the Beard of Directors until their successors are elected Amos P. Ballou, Albert q Beau nisne Frederick B. Smith, Frederick E.. Mills, Edgar B. roman, l.. D. Ballou, A. s. Service, A.. c. Waters V. D. Smith, Arthur B. ! Cody. John w. Elliott, Otto K. Barnett, Mar quis Eaton, Don $. Harvey, Marshall A. Sattley.
 Thereafter the Board of Directors shall be elected from among the stockholders on the Fifteenth Day of September Of each year The officers of said CorporatiCn until their success sors are elected shall be- Frederick B. Smith, i President; Albert G. Beaunisne, Vice President A. P Ballou, Secretary; Frederick E. Mills, ! Treasurer.
 ARTICLE VI. The Directors shall have power to adopt amend and rescind Bylaws, to fill vacancies occurring in the board from any cause. and to appoint from their own number an executive committee and vest said com mittee with all the powers granted the di- reetors by these Articles.
 ARTICLE VII. The highest amount of in de5tedness or liability to which the corpora- tion is at any time to subject itself is Six Mil lion Dollars (S6,00Ot t0000)
 ARTICLE VIII. The private property of the stockholders of the corporation shall be forever exempt from its debts or obligations. | IN WITNESS WHEREOF, We hereto atix our signatures this 2nf day of July, 19t7.
 ALBERT G. BEAUNIsNE. [Seall
 FREDERICK E. SMITH. [Seall
 A. r. BALLOU. LSeall