The oasis., 1907-06-01
ARrIcLEs oF INCORPORATION
FL DURAZNO GOLD MINING COMPANY.

! KNow ALL MEN BY THESE PRESENTS: Tha we, whose hands are hereunto affixed dr | hereby associate ourselves together for tht | purpose Of forming corporation under tho ! laws of the Territory of Arizona, and to thai end make the following statement:
 | FIRST: The names of the corpOrators arc ! q. W. Phillips, Frank Irvine & M Welch and
 F. L. Griswoid and the name Of the Corpora ton shall be FL DURAZNO GOLD MIN ! ING COMPANY. The principal place within
 the Territory of Arizona in which the business oi sad Corporation is to be transacted is Nogales, Santa Cruz County Arizona and tbe 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 hypotheeate 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 Co the proper con- duct 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 (SJ00O00) divided into Five Hundred Thousand shares of the par value of One Dollar ($lO0) each. At such times as the Board Of Directors may by resolution direct said capital stock shall be paid into this Cor poratlon. either in cash or by the sale and transfer to II, 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 ln the absence of actual 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 Of this Corporation shall be the date of the filing of certified copy of these Articles of Ineor 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 Directors until their successors are elected q. W. Phillips, Frank Irvine, s. NJ. Welch Frank N. Cox, and +. L. Griswold. There after the Board of Directors shall be elected from among the stockholders on the hrst 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, Vce.President; S. NJ. " eich, Secretary; E. L. Griswold, Treasurer.
 SIXTH: The highest amount of indebtedness : lr liability, direct or contingent, to which this corporation is at any time subject shall be Jne I Hundred Thousand Dollars (siO0OOO.OO), | Nhlch amount does not exceed two-thirds the
 SEVENTH The private property of the | stockholders of this Corporation shall be | ,Xempt from corporate debts of any kind
 IN WITNESS WHEREOF. We have hereunto set ,ur hands and seals this second day of May, |