The oasis., 1907-02-23
ARTICLES OF INCORPORATION
 -OF THR- FL DURAZNo MINES 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 Jnder the laws of the Territory of Arizona, and to that end make the following statement
 FIRST: The names of the corporators are Myron H. McCord,, Frank Irvine, c. W. Corporation shall be the FL DURAZNO MINES COMPANY. The principal place within the Territory of Arizona in which the business of said Corporation is to be trans acted 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, to-wit: 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, petroleum, asbestos, salt water and water rights and machinery, and to work, mine, explore, operate and de- velop the same; and in general to do all things necessary to the proper conduct of the business of this Corporation in the Territory and elsewhere, not inconsistent with the laws Of the United States and the Territory of Arizona, or the Republic of Mex ico and state of sonora.
 
 stock of this Corpt ration shall be One Hundred Thousand Dollars ($100,000), divided into One Hundred Thousand shares 0t the par value of One Dollar ($L00) each. At such times as the Board of Directors may by res0lu- ton direct, said capital stock shall be paid into this Corporation, either in cash or by the sale and transfer to 1t, of real or personal property for the uses and purposes of said corporation, in 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 nOn-asseSsab ble, and in the absence ment of the Directors as to the value of the property purchased shall be conclusive.
 FOURTH The time of the commencement of this Corporation shall be the date of the filing of q certified copy of these Articles of Incor- poration in 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 by Board of Directors and the following named shall con. stitute the Board of Directors until their successors are elected Bracey Curtis, Frank Irvine, C. W. Phillips. There after the Board of Directors shall be elected from among the stockholders on the Second Monday in March of each year The officers of said Corporation until their successors are elected shall be: Myron H McCord, Pres- dent and Treasurer; Frank Irvine, Vice-Pres- dent; c. W. Phillips, Secretary.
 SIXTH. The highest amount of indebted ness or liability, direct or contingent,to which this Corporation is at any time subject shall be Fifty Thousand I Dollars S5o,OOol which amount of capital stock.
 SEVENTH: The private property of the stock holders of this Corporation shall be exempt from corporate debts of any kind whatsoever. In witness whereof, We have hereunto set our hands and seals this Fourth day of Jan uary, 1907.
 MYRoN H. MCCoRD, [SEAL.l
 CHARLES W. PHILLIPS, SEAL.
 FRANK IRVINE, SEAL