The copper era., 1907-08-08
ARTICLES OF INCORPORATION
SOUTHWESTERN DEV
AND IMPROVEMENT CON-
PANY
Know All Men By These Presents:

Know All Men By These Presents:
That we, whose hands are hereunto affixed,
have this day, and do hereby associate ourselves
together for the purpose of forming corpora
ton under the provisions of Chapter ii Title
XIII of the Revised Statutes of Arizona of
1901, and the amendments thereof, and we here
by make, adopt, declare and publish the follow
ing Articles of Incorporation, to-wit
Article L. The names of the incorporators
are Alvin C. Owsley, John B.. schmitz, H. F.
Schweer NJ. Stout and J. w. Sullivan, and
the name of the corporation shall be, South
western Development and Improvement Com
pany. The principal place within the Territory
of Arizona, in which the business of said cor
pOration is TO be transacted is Clifton, Graham
County, Arizona, and the corporation may es-
tablish branch Offices either within or without
the Territory of Arizona, where meetings of
the Boord of Directors Stockholders may be
held.
Article II. The general nature of the bust
ness proposed to be transacted by this corpora
ton is as follows, to-wiC
To buy. sell. own. locate and otherwise ac-
quire and deal in Mines mining claims, lode
and plarers; to work, operate and develop the
same, and mine and reduce ores therefrom; to
locate, buy, sell. and deal in waters, water
rights, and TO buy, build. construct, own, oper-
ate and maintain mining, milling, smelling and
reduction plants: to construct, OVID, operate,
maintain aud dispose of such railways, trans
portation lines and facilities as may be neces-
sary, proper and incident to carrying OH the
business for which this corporation is organ
lied; to do q general merchandise business,
and own, operate and dispose of buildings and
such lines of business may be necessary for,
incident to. or in anyway connected with the
purpose for which this corporation is organized.
To acquire, buy, purchase or otherwise hold
own and dispose of the capital stock, seeuri-
ties prvile ges and franchises of other corpora
tions, aid buy, own. sell and deal i'll notes,
bonds, options securities and evidence of in
debtedness; and generally to do and perform
every act in conn ection Herewith o the same
extent II natural person might or could do
and to perform all things necessary TO the
proper conduct of the business of this corpora
ton in the Territory and elsewhere, not incon-
sstent with the laws of the United States aud
the Territory of Arizona.
Article III. The authorized amount of the
Capital Stock of this corporation shall be One
Hundred Thousand (s1OO,OOO) Dollars, divided
into 100, 600 shares of The par value of One Dol
lar each. which stock shall be issued at such
times and upon such conditions may be pre-
| scribed by the Board of directors; and the
Board of Directors is hereby authorized to issue
any or all of said stock, fully paid and non-as-
sessable in consideration of the payment there
fore Il cash. or transfer to this corporation of
property, rights or interests of any description.
or of services rendered and the valuation of
the interests scquiIed, or the services rem
dercd, or to be rendered, fixed by the Board of
Directors shall be binding and conclusive upon
the stockholders of this corporation and all
others dealing with this corporation, except
where actual fraud is shown
Article w. The time of commencement of
this corporation shall be the filing of ccrti-
| fed copy of these Articles of Incorporation
according to law. and the termination thereof
shall be twenty-five years thereof or, with the
privilege of renewal prescribed by law.
Article v The affairs of this corporation
shall b conducted by Board of Nine Direc
tors. of which Ave shall constitute a quorum,
and the following named shall constitute the
elected: l.. f. Sweetng, W. S. Mcnamara, Ira
Harper, II. Lehman, Jake Metzler, Randolph
Paine Alvin C. Owsley, f. d. Conner and J. p
Murphy Thereafter the Board of Directors
! shall be elected from among the Stockholders
at the annual meeting, which meeting shall be
/ held on the Third Tuesday in January of each
year The officers of said corporation until
their successors are elected shall be, Alvin c.
I Owsley, President W, S. Mcnamara, Vice
President; Randolph Paine, Secretary; H. F.
| Schweer. Treasurer.
Article VI The highest amount of indebt
edness or liability, direct contingent. iO
which this corporation is at any time subject
shall be Sixty-ive Thousand Cs65,OOO Dollars