The oasis., 1907-05-18
ARTICLES OR ACCOMMODATIONS
 or rifK EL pURAzNO COLD MINING COMPANY

KSOw ALL MnS BY THFsE pRrsgSrs; 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 Go that end make the following statements
 FIRST. The names of the corporators are q. W. Phillips, Frank Irvine. $. NJ Weeh and Y. L. Griswold, and the name of the Corpara- ton 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, 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, 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 duet 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.
 THIRD: The authorized amount Of capital stock of this Corporation shall be Five Hundred Thousand Dollars (S500,000,) divided into Five Hundred Thousand shares of the par value of One Dollar (SI00l each At such times as the Board of Directors may by resolution direct, said capital stock shall be paid into this Cor poTatiOn, either in cash or by the sale and transfer to It, 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 and fha r.fa fraud in the transaction the judgment of the Directors 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 a 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 not less than three nor more than seven directors and the follow ing named shall constitute the Board Of C. w Phillips, Frank Irvine, $. M. Welch Frank N Cox, and k. L. Griswold. There after the Board of Directors shall be elected from among the stockholders on the first Monday in March Of each year. The officers of said Corporation until their sue cessOrs are elected shall be: C. W. Phillips. President; Frank Irvine, Vice, President; $. NJ Welch, Secretary; k. L. GriswOld, Treasurer.
 SIXTH: The highest amount of indebtedness or liability, direct or contingent, to which this corporation IS at any time subject shall De One Hundred Thousand Dollars (Sl00.00000), which amount does not exceed two thirds the amount of capital stock.
 SEVENTH: The private property of the stockholders of this Corporation shall be IN WITNESS WHEREOF. We have hereunto set our hands and seals this second day of May, l9J7.
 c W ptrrrrps rgrAr1