The oasis., 1907-08-17

coftofaNon sba1 be Y5Qtf cFvfHAf DEVELOPMENT COMPANY Ths pflncipsl place within ihe Territory gi Arizona tIon is Co be transacted is Nugales santa Cfuz County, AfyOna. and the Corporation may establish branch offices either within Of with. Ou the Territory of Arizona where meetings oi fhe Board Of Directors may he held
 SECOND. The general nature of the business proposed to he transacted by this Corporation is as follows. tu-wits
 X general Mining. Reduction and Nerchnt,. dising Company with full power Go make con. tracts; t0 purchase lease, bond. locate or otherwise acquire, own, exchange, sell or otherwise dispose of, pledge mortgage. and all kinds of personal property. including shares iu this and other corporations; mines mining claims, oil lands. coal lands, mineral lands, oil, gas, coal, shale, Asphaltum pptro- leum, asbestos salt water and water rights and machinery, and Co work, mine, explore operate and develop the same; and in general do al things necessary Co the proper conduct of the business of this Corporation in the Ter rtOry or elsewhere not inconsistent with the laws of the United States and the Territory of Arizona, the Republic of Mexico, and State of sonora.
 THIRD: The authorized amount of capital stock of this corporation shall be Five Hundred Thousand Dollars $500 0O00) divided into five hundred thousand shares (1O0.0O0) of the par value of One Dollar (Sl00) each. At such times the Board of Directors may by resolu- tiOn direct, said capital stock shall be paid into this Corporation, either in cash or by sale and transfer to it, real estate or personal prOppr- tion, in payment for which shares of the capital stock of said Corporation may be issued and the capital stock so issued shall thereupOn ana thereby become and be fullv paid up and non assessable and in the absence of actual fraud in the transaction, the iudg- ment of the Directors as to the value 0f the property purchased shall be conclusive
 FOURTH: The time of the commencement of this Corporation shall be the date of the filing of certified copy of these Articles 0i Incor- poration n the office of the territorial auditor and Of the Recorder of santa Cruz County, and the termination thereof shall be twenty-five years thereafter
 FIFTH; The affairs of this Corporation shall be conducted hy a board of seven directors Board of Directors until their successors are elected Who shall have power to increase their number, and their successors shall have like power: NJ. '. Wright, Allen T. Bird, J F. D0nnell, K. S England, S T. Waggener C. c. England, F. X Recent. Thereafter the Board of Directors shall be elected from among the | stockholders on the First Monday in July f each year. The officers of sa q Corporation until their successors are elected. shall be- :. T. Waggener, President R. S England | Vice President; z. C. England, secretary; J. F. | DOnnel, Treasurer SIXTH: The highest amount of indebtedness | lr liability direct or contingent, to which this | Corporation is at any time subject shall be | Two Hundred Thousand Dollars (S20O .00l | which amount does not exceed tWo-thirds the ! amount of capital stock.
 SEVENTH The private property of the stock holders of this Corporation shall be exempt | rom corporate debts of any kind whatsoever. lN WITNESS WHEREOF, We have hereunto set | ,ur hands and seals this 10th day of July 1907 |
 M P. WRIGHT. fSEALl.
 ALLEN T. BIRD, [SEALl
 J. F. DoNNELL, fSEALL
 K. ;. ENGLAND, 1SEALL
 $. T. WAGGENER, 1sEAL1
 C. C. ENGLAND [SEALl
 F. \. REEcHT, [SEALl.