Arizona republican., 1908-09-25
ARTICLES OF INCORPORATION.
Know All Men By These Presents,

Know All Men By These Presents,
 That we, the undersigned, having asso-
 ciated ourselves for the purpose of i forming a corporation under Chapter i II of Title XIII, Revised Statutes of l Arizona, 1901, and Acts amendatory | thereof, hereby adopt the following Ar l ticles of Incorporation:
 1 ARTICLE I.-The name of the cor poration shall be Western
 Development Association and it's prin- cipal place of business shall be
 Phoenix. Arizona, but other offices
 may be established and maintained within or outside of Arizona at such places as the Board of Directors may designate, where meetings of stock holders and directors may be held. ARTICLE 1.-The general nature of the business proposed to be transacted
 is mining. milling, converting, prepar- ling for market and otherwise prOduc- ing and dealing in gold, silver, copper, | lead. zinc. brass, iron, steel and all kinds of ores, metals and minerals, oils, gas and coal. and the products and bv-products thereof; to purchase
 or otherwise acquire, own, exchange, sell or otherwise dispose of, mortgage, hypothecate and deal 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 or otherwise acquire, erect,
 own, operate and dispose of smelting
 and ore reduction works, oil refineries,
 saw mills and power plants; to do a general manufacturing and mercantile
 business; to own,, handle and control
 letters patent and inventions and
 shares of it's own capital stock and that of other corporations, and to vote any
 shares of stock owned by it the same as a natural person might do; to issue
 bonds. notes, debentures, and other evidences of indebtedness and secure
 the payment of the same by mortgage, 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 withF the foregoing objects, not incon- sistent with law in any part of the world, as the board of directors may deem to the advantage of the corpora ton.
 ARTICLE III-The capital stock of the corporation shall be One Million Dollars Cs1. .OOO OOOOO), divided into One Million shares of the par value of One Dollar ($1.0O) each, which shall be paid for at such times and in such manner as the board of directors may desig- nate. All or any portion of the capital stock may be issued in payment for real or personal property, services, or any other right or thing of value, for the uses and purposes of the corpora ton, and when so issued shall become and be full-Daid, the same as though paid for in cash at par; and the direc tors shall be sole judges of the value of any property, right or thing acquired in for capital stock. No shares of capital stock shall be issued until fully paid for and thereafter shall be non-a aSsessable.
 ARTICLE IV.-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,