The oasis., 1907-05-25
ARTICLES OF INCORPORATION
 -OF THE FL DURAZNO GOLD MINING COMPANY.

KNOW ALL MEN BY THESE PRESENTS: That we, whose hands are hereunto affixed, do
 hereby associate ourselves together for the
 purpose of forming corporation under the
 laws of the Territory of Arizona, and to that end make the following statement:
 FIRST: The names ot the corporatorS are G. w. Phllhps, FranE irvine. .; M. "elcn , anu
 E. l.. Griswold. and the name of the Corpora-
 tion shall be FL DURAZNO GOLD MIN
 ING COMPANY The principal place within
 the Territory of Arizona in which the business
 of said Corporation is to be transacted Is Nogales, Santa Cruz County, Arizona, and the Corporation may establish branch offices either
 within or without the Territory of Arizona where meetings of the Board of Directors may be held.
 SECOND: The general nature of the business proposed to be transacted by this Corporation is as follows, towit
 TO make contracts; to purchase, lease, bond, locate or otherwise acquire, own, exchange, sell or otherwise dispose Of pledge, mortgage, hypothecate and deal in real estate and any and all kinds of personal property; mines
 mining claims, oil lands, coal lands, mineral lands, oil gas, coal, shale, asphaltum, petro- leum, asbestos, salt. water and water rights and machinery and to work, mine explore, operate and develop the same; and in general to do all things necessary to the proper con duct of the bushes, of this Cooperation in the Territory and elsewhere, not inconsistent with the laws of the United states and the Territory of Arizona.
 TILED: The authorized amount of capital stock of this Corporation shall be Five Hundred Thousand Dollars fSDJU.UUJ,l QlNlUed Into rive Hundred Thousand shares Of the par value or One Dollar (Sl .00) each. At such times as the Board of Directors may by resolution direct, 1 said capital stock shall be paid into this or poration. either in cash or by the sale and i transfer to it. of real or personal property for i the uses and purposes of said Corporation, in 1 payment for which shares of the capital stock | of said corporation may be issued, and the capital stock so issued shall thereupOn and ! thereby become and be fully paid up and l non -asSessable, and in the absence Of actual l fraud in the transaction the judgment Of the Directors as to the value Of the property
 purchased shall be conclusive.
 | FOURTH: The time of the commencement oi | this Corporation shall be the date of the n1ng i of a certified copy of these Articles ol lncor-
 poration in the office of the territorial auditor and of the recorder of Santa Cruz County, and
 the termination thereof shall be twenty-five l years thereafter.
 l FIFTH The affairs of this corporation shall ' be conducted by board of not less than three nor more than seven directors and the follow l ing named shall constitute the Board oi Directors until their successors are elected C. w. Phillips, Frank Irvine, ;. M. Melch
 Frank \. Cox, and E. L. Griswold; There | elected from among the stockholders on the l first Monday in March of each year. The
 officers of said Corporation until their sue
 cessors are elected shall be- c. W. Phillips 1 President; Frank Irvine, Vce-President 5. NJ 1 Welch, Secretary E. L. Griswold, Treasurer.
 SIXTH: The highest amount of indebtedness i or liability, direct contingent, to which tni' Corporation IS at any time subject snail Dt i One Hundred Thousand Dollars WlOOOOOOO)
 which amount does not exceed two thirds the l amount of capital stock.
 SEVENTH: The private property Of the | stock holders of this Corporation shall Dc exempt from corporate debts of any klne
 IN WITSEss WHEREOF. We have hereunto se l our hands and seals this second day of May | i'0f' ~ " purrrrpe fcPar