Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1907-09-19
ARTICLES OF INCORPORATION.


purpose of forming a corporation I'M
der Chapter III of Title XIII, Revised
Statutes of Arizona, 1901, and Acts
amendatory thereof. hereby adopt the
following Articles of Interpretations:
ARTICLE /. The name of the in
corporation shall be Mexican Trading
Co., and its principal place of business
shall be Phoenix, Arizona, but other
offices may be established and main
tanned within or outside Of Arizona
at such places as the Board of Direc-
tors may designate. where meetings of
stockholders and directors may be
held.
ARTICLE II. The general nature of
the business proposed to be trans
acted is mining, milling, converting,
preparing for market and otherwise
producing and dealing in gold. silver
copper. lead, zinc, brass. iron, steel.
and all kinds Of ores. metals and min
erals, oils, gas and coal, and the pro-
ducts and by-products thereof; to pur-
chase or otherwise acquire, own, ex-
Il change, sell or otherwise dispose of,
mortgage, hypothec3te and deaN in
mines and mineral lands of all kinds,
oil, coal and timber lands, real and
personal estate. water and water
rights, and to work, explore, operate
and develop the same; to purchase o;
otherwise acquire, erect, own,
operate and dispose of jsmelt-
ing and ore reduction works.
oil refineries, saw mills, and
power plants; to do general manu-
featuring and mercantile business; TO
own, handle and control letters patent
and inventions and shares OF Its own
/ capital stock and that OF other corpo-
rations, and to vote any shares OF
stock owned by 1t the same as a ma
l tural person might do; to issue bonds,
notes, debentures. and other evidences
/ of indebtedness and secure the pay
ment of the same by mortgage, deed
| of trust or otherwise; to act as agent.
trustee, broker, or in any other fidi-
ciary capacity, and to borrow and loan
money; and in general to do and per-
form such acts and things and
/ transact such business in con-
nection with the foregoing OBJ
! jects, not inconsistent with law.
I in any part of the world. as the
/ board OF directors may deem to the
advantage of the corporations; and to
carry on a general trading and land
| business with all parts of the world
and to do all things in connection
| therwith that may he necessary there
I for by boats, rail or otherwise.
ARTICLE III. The capital stock of
the corporation shall be One Million
Dollars 81. 900 000), divided as follows:
| .-Of said stock, 100000 shares, amount
/ ing TO seven hundred thousand dollars
(s7OO. OOO) shall be Common Stock. and
800. 900 shares, amounting to three
hundred THOUSAND dollars G30OOo0),
shall be Preferred Stock. Said pre-
ferred stock shall entitle the holder
thereof To receive out of the net earn
! ings. and the corporation shall be
bound to pay. a fixed yearly cumula-
tive devidend of seven per centum. but
no more. payable annually. before any
dividend shall be set apart or paid on
the common stock. Said preferred
stock shall be issued as and when the
Board of Directors may determine.
The holders of preferred stock shall,
in case of liquidation or dissolution of
the company, be entitled to be paid in
full the par value of their shares and
the accrued dividends before any
amount shall be paid to the holders of
N.
at such times and in such manner as
the board Of directors may designate.
All or any portion of the capital stock
may be issued in payment for real or
personal property, services, or any 9TH
er right or thing of value. for the
uses and purposes of the corporation,
and when so issued shall become and
be fullpaid. the same as though paid
for in cash at par: and the directors
shall be the sole judges of the value
of any property, right or thing acquir-
ed in exchange for capital stock. No
shares of capital stock shall be ISSUED
until fully paid for and thereafter snail
be non asSessable.
ARTICLE ". The commencement
of the corporation shall be the day
these articles are filed in accordance
with law. and the termination thereof
shall be twenty-five years thereafter.
rith privilege OF renewal as provided
by statute.
ARTICLE V. The affairs OF the cor
poration shall be conducted by a Board
of Directors and such officers as the
said directors may elect or appoint.
The number of directors shall be des-
ignatcd by the stockholders and shall
be elected from among the stockhold-
ers at their annual meeting to be held
on the first Monday of August of each
year. Until the first annual meeting
of tho stockholders. and until their
successors have been elected and have
qualified. the following named persons
shall be the directors: ]. II. Wadding-
ham. Edmund Burke and w. J. Arkell.
I ARTICLE VI. The directors shall
have power to adopt. amend and re-
scind Bylaws, to fill vacancies occur
ring 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 directors by these Articles.
ARTICLE VII. The highest amount
of indebtedness or liability to which
the corporation is at anv time to sub
iect itself is five hundred thousand
dollars (s500.000)
ARTICLE VIII. The private prop
erty of the stockholders OF the corpo-
ration shall be forever exempt from its
debts or obligations.
IN WITNESS WHEREOF. We here |
unto affix our signatures this 10Th day
of August, 1907.
II wADDINCHAM (SaaI