The oasis., 1908-01-18
ARTICLES OF INCORPORATION
 -oF THR- NOGALEs CONSOLIDATED COPPER
 COMPANY.

KNOW ALL MEN BY THESE PRESENTS, 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 to that end make the following statement:
 FIRST: The names of the corporators are Anton Proto, Louis J. F. lager, c. T. Jones, Louis Proto, and the name of the Corporation shall be the MORALES CONSOLIDATED COPPER COMPANY. The principal place within the Territory of Arizona Ill which the business of said Corporation is to be transacted is Nogales, Santa Cruz County, Ari- Zona, 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:
 A general mining and reduction business with full powers to buy and sell shares i'll the capital stock of this and other corporations, and 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
 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, or the Republic Of Mexico and State of Sonora.
 THIRD: The authorized amount of capital stock of this Corporation shall be Five Hundred
 Thousand Dollars ($500,000) divided into Five
 Hundred Thousand shares of the par value
 of One Dollar (xl00) each. At such times as the Board of Directors may by
 resolution direct, said capital stock shall be
 paid into this Corporation, either in cash or by the sale and transfer to it, of real personal property for the uses and purposes of said Cor pOration, 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 nOn-assessable, and in 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 IneoT- 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 a board of Eleven Directors and the following named shall constitute the Board
 of Directors until their successors are elected :
 Epes Randolph. L. J. F. lager, c. T. Jones, Louis Proto, NJ. B. Ketchum, Anton Proto W. 4. McGovern, F. J. O'Bren, c. A. Schrader c. T. Roberts, w G. Bowman. Thereafter the Board of Directors shall be elected from
 among the stockholders on the first Monday in April of each year. The officers of said Cor pOration until their successors are elected
 shall be: Epes Randolph President; L. J. F. lager, First Vice-President; NJ. B. Ketchum, Second Vice President; F. J. 0Brien, Secre- ] tary; Anton Proto, Treasurer.
 | SIXTH: The highest amount of indebtedness
 or liability, direct or contingent, to which this l Corporation is at any time subject shall be
 Two Hundred Thousand Dollars, (S200,00 0000)
 which amount does not exceed two-thirds the
 amount of capital stock.
 ! SEVENTH The private property of the stockholders of this Corporation shall be
 exempt from corporate debts of any kind whatsoever.
 IN WITNESS WHEREOF, We have hereunto set
 our hands and seals this sixteenth day of December, l9O7
 ANTON PRoTo, [SEALl. L. J. F. LAGER, [SEALl.