The oasis., 1907-07-27
ARTICLES OF INCORPORATION.

KNOW ALL MEN By THESE PRESENTS. That we, the undersigned having associated our selves for the purpose of forming a corporation under Chapter II of Title XIII Revised Statutes of Arizona, 1901, and Acts amendatory thereof, hereby adopt the following Articles of lncor- poration:
 ARTICLE I. The name of the corporation shall be SONORA CENTRAL MINES CON- 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 H. The general nature of the busi- ness proposed to be transacted is mining, mil ling, converting, preparing for market and otherwise producing and dealing in gold silver, copper, lead, zinc brass, iron, steel, al all kinds of ores metals and minerals, oils, and coal, and the products and by-produets 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 or otherwise acquire, erect, own, operate and dispose of smelling and ore reduction works, oil refnerles, saw mills, and power plants; to do a general manufacturing and mercantile business; to own, handle and con- trol letters patent and inventions and shares of it's own capital stock and that of other corpor- 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 in any other iduciary 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 as 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- 00oi O, divided into One Million Shares O,O0p- 0O0) of he par value of Ten Dollars (Sl00O each which shall be paid for at such times and in such manner as the board of directors may designate. All or any portion of the capital stock may be issued in payment tor real or l 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- l come and be full-paid the same as though paid | for in cash 1t 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 | fully paid for and thereafter shall be non-as- l sessable.
 | ARTICLE ". The commencement of the cor- l poration shall be the day these Articles ale | filed in accordance with law, and the termina- ton thereof shall be twenty-five years there after, with privileges of renewal as provided | by statute.
 | ARTICLE " The affairs of this corpcrq ton shall be conducted by board of fifteen erect l ors and the following named shall eel tituie l the Board of Directors until their sutces sors ! hle elected. AllOS f. BdllOu, Albert tI. beAu- nisne, Frederick B. smith Frederick E. l Mills Edgar B. Tolman L. D. Ballou, S. Service, A. C. Waters, V. D. Smith, Arthur B. | Cody, John w. Elliott, Otto R. Barnett Mar | quis Eaton, Don S Harvey. Marshall A. Sattey | 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 Corporation until their success sorS are elected shall be- Frederick B. smith, | President; Albert q. Beaunisne, Vice. President i; A. P Ballou, Secretary; Frederick E. Mills, l Treasurer.
 ARTICLE VI. The Directors shall have power to adept, 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- , rectors by these Articles.
 ARTICLE VII. The highest amount of in- de3tedness or liability to which the corpora ton is at any time to subject itself is Six Mil l lion Dollars (S6 0,o0000)
 ARTICLE VIII. The private property of the ! stockholders of the corporation shall be forever ! exempt from its debts or obligations. l IN WITNESS WHEREOF, We hereto atfix our l signatures this 2nd day of July, l9,7
 ALBERT G. BEAUNISNE. [Seall FREDERICK E. SMITH. fSeali
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