The oasis., 1907-07-20
ARTICLES OF INCORPORATION.

KNOW ALL MEN By THESE PRESENTS: That we, the undersigned, having associated our selves for the purpose of forming corporation under Chapter II of Title XIII, Revised Statutes of Arizona 1901, and Acts amendatory thereof hereby adopt the following Articles of Incor poratiOn:
 ARTICLE l. The name of the corporation shall be SONORA CENTRAL MINES COM 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 II. The general nature of the busi- ness proposed to be transacted is mining, mil otherwise producing and dealing in gold silver copper. lead, zinc, brass. iron steel al q all kinds of ores. metals and minerals oils, gas and coal, and the products and by-products thereof; to purchase or otherwise acquire, own, exchange, sell CT otherwise dispose of, mort gage. hypothecate and deal ill mines and min eral lands of 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 puT- chase or otherwise acquire erect, own, operate and dispose of smelling and ore reduction works, oil rehneries, saw mills, and power plants; to do general manufacturing and mercantile business; to own, handle and con trol letters patent and inventions and shares of its own capital stock and that of other corpor- ations and to vote any shares of stock owned by it 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 fiduciary 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 fore going objects, not inconsistent with law LII any part of the world as the board of directors may deem to the advantage of the corporation.
 ARTICLE l II. The capital stock Of the corpor- ation shall be Ten Million Dollars ($lU,0O0 O00i0) divided into One Million Shares q 00p Oh0 of the par value of Ten Dollars (Sl0O0) each which shall be paid for at such times and in such manner as the board of directors may designate. All CT any portion of the capital stock may be issued ih payment for real or personal property, services 3r any other right or thing of value, for the uses and purposes # the corporation. and when So issued shall be- come and be fnll-paid the same as though paid for ill cash at 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 sessable.
 ARTICLE ". The commencement of the cor poratiun shall be the day these Articles ale filed in accordance with law, and the termina- tion thereof shall be twenty-five years there after, with privileges of renewal as provided by Statute.
 ARTICLE V. The affairs of this corporst on shall be conducted by board of fifteen drnet- | ors and the following named shall const ult. l the Board of Directors until their successors are elected: Amos r. Ballou, Albert C. Bean nisne Frederick B. Smith, Frederick E. l Mills, Edgar B: Tolman, |. D. Ballou, S Service, A. c. Waters V. D. Smith, Arthur B. l Cody John w Elliott, Otto R. Barnett, Mar auis Eaton, Don $ Harvey Marshall A. Sattley Thereafter the Board of Directors shall le elected from among the stockholders on the Fifteenth Day of September Of each year. The officers of said COrppratlCn until their success sors are elected shall be: Frederick B. smith President; Albert c. Beaunisne Nice-P President AP Ballou, Secretary; Frederick E. Mills, | Treasurer.
 ARTICLE VI. The Directors shall have power to adopt amend and rescind Bylaws to fill 1 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 deateduess or liability to which the corpora
 ton is atany time to subject itself k SIX Mil lion Dollars (S6,000' G0,00)
 i ARTICLE VIII The private property of the | stockholders of the corporation shall be 1oleyel 1 exempt from its debts or obligations.
 IN WITNESS WHEREOF, We hereto atfiX OuI signatures this 2nd day of July, l9e7.
 ALBERT c. BEAUNISNE. Seal
 FREDERICK H. SMITH Seal A. |. BALLOU. Seal