Daily Arizona silver belt., 1907-02-20
ARTICLES OF INCORPORATION
 OF THE FL DORADO COPPER co.

lndt we, tue unuerSlpneu persons, James NJ. Bice. Charles F.. Beck, Forest l., Zimmerman, James Rocks and II. c. Hanawalt, all citizens of the United | States and residents of the City of Globe, County of Gila, Territory of Ari- zona, have this 2Sth day of January, A. D. 1907, associated ourselves to- gether to form corporation under the laws of the Territory of Arizona, and, in compliance with the provisions of the said laws, do hereby make, sign and certify the articles of incorporation of said company as follows to wit: ARTICLE I.
 The name of this company shall be and is the FL DORADO COPPER COM PANY.
 ARTICLE IT.
 The objects for which this corpora tion is formed are, to acquire by pur- chase, location, leases, options and bonds, mines and mineral lands and all products pertaining thereto. To oper- ate, mine, and extract ore therefrom, and to erect and maintain all necessary machinery and equipment for the econ imical development of the same. To ac- quire by purchase or any other lawful means roads, tracks, tramways, rail roads, telegraph and telephone lines, ditches or fumes for economical trans portation and transmission, and to erect or construct the same. To erect, main tain, and operate reduction works for concentration, smelting and refining of ores, and the preparation of all company products for sale and profit. To erect, operate and maintain any or all elec trical equipment and appliances for the economical operation of the property belonging to this company.
 To erect and maintain buildings, stores and boarding houses, and to do general merchandising business. To acquire by purchase, location, lease, or in any lawful manner, real estate, land, and personal property; and to acquire hold and operate franchises from the Territory of Arizona, or any State or Territory of the United States, or any County, municipal, or private corpora tion. To acquire stock, bonds, roads, mills, factories and real, or personal property incident to such franchises, corporations, or townsites.
 To acquire, maintain, and operate all and every property, thing. equipment and appliances which the Board of Di- rectors may consider necessary or expe- dient for the economical conduct of the general business incident to mining heretofore described and enumerated. To sell, alienate, lease, demise, and dis. pose of any and all property, real and personal, belonging to this company. To borrow money and contract to repay the same at such time or times as the Board of Directors may deeIn neces- sary or expedient; and to hypIthecate, mortgage, or pledge the property of this company or any part thereof, to secure the payment of the same. To sell, con vey, bond, lease, mortgage, or otherwise dispose of any or all of the property of this company of any character whatso- ever, provided, however, tlat the high est or total amount of indebtedness or liability to which this corporation shall at any time subject itselt shall not ex- eeed the sum of Five Hundred Thou sand ($5O0,000) Dollars.
 ARTICLE III.
 The principal place of business of this corporation shall be in the City of Globe, County of Gila, Territory of Arizona; and such other or branch of fees or places of business as may be deemed advisable shall be designated and adopted from time to time as it's Board of Directors determine
 ARTICLE ".
 The amount of the capital stock of this corporation shall be One Million ($1 ,000,000) Dollars, divided into one million 1,000,000) shares of the par value of One ($l.00) Dollar each; and the time when and the conditions under which the said capital stock shall be paid in, in cash, property, or other val uable consideration, shall be deter | mined and regulated by the Board of Directors.
 ARTICLE V.
 The capital stock of this corporation | and each and every share of the same shall be and is hereby made non-assess- able, and shall be paid for in full when subscription therefor is made.
 ARTICLE VI.
 The time of the commencement of | this corporation shall be the date of the filing of these articles of incorpora- tion for record in the office of the County Recorder of the County of Gila md a certified copy of the same with 'he Secretary of the Territory of Ari- ,ona; and the period of existence of the shall be twenty-five (25) II fears from the date of the said filings
 ARTICLE VII.
 The affairs of this corporation shall De conducted by Board of Direc tors of five (5) persons, who shall 'e shareholders of this company; and ] majority of said Board shall consti- ute quorum for the transaction of it's orporate business. The number of Di- ectors who shall manage the business oncerns of the company for the first hree (3) months shall be five (5), whose names and residences are as fol ows, viz: James M. Bice, Charles E. Seek, Forest l.. Zimmerman, James 'ocks, and H. c. Hanawalt, all of the 'ity of Globe, County of Gila, Terri ory of Arizona; and they shall hold tiice until their successors are duly