The border vidette., 1908-03-07
ARTICLE OF INCORPORATION.

KNOW ALL MEN BY THESE PRESENTS, That we. [ the undersigned, having associated ourselves for the purpose of forming Corporation. un- der Chapter II, of Title XIII, Revised Statutes of Arizona, 1901, and Acts Amondatory thereof. hereby adopt the following Articles of Incorpo- ration:
 Article I. The Name of the Corporation shall be THE HOME DEVELOPMENT COMPANY. OF JOHNSON COUNTY" and it's Principal place of Business shall be Nogales, Arizona, but other offices may be established and maintained with in or outside of Arizona at such places the Board of Directors may designate, where meet ings of Stockholders and Directors may be held.
 Article II. The general nature of the business proposed to be transacted is mining, convert ing. preparing for market and otherwise pro- ducing and dealing in all kinds of ores, metals al. d minerals olls gas and coal and the pro- ducts and by products thereof; to purchase or otherwise acquire, own, exchange, sell or other wise dispose of, mortgage, hypotecate and deal in mines and mineral lands of all kinds, oil, coal and timber lands, real and personal estate, and to work, explore, operate and develope the same; to purchase otherwise acquire, erect. own, operate and dispose of oil refineries, and power plants; to D. handle and control let ters patent and inventions and shares of it's own capital stock and that of other Corpor- atiOns, and to vote any shares of stock owned by it the same any natural 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 fduciary capacity and to borrow and loan money and in general to do and per- form such acts and things and transact such business in connection with the foregoing ob- jects. not inconsistent with law. in any part of the world. as the Board of Directors may deem to the advantage of the Corporation.
 al nf tba ation shall be ONE HUNDRED THOUSAND & No- 100 DOLLARS, SQOOOOO OO,) divided into FOUR THOUSAND sH >REs of the par value of TWENTY FIVE & No-1O0 DOLLARS. CS25 o0,) each, which shall be paid for at such times, and in such manner the Board of Directors may designate All 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 Corporation, and when issue shall become and be full paid, the same though paid for in cash at par; and the Directors shall be sole judges of the value of any property. right or thing ec- quired in exchange for capital stock.
 No shares of capital stock shall be issued until fully paid for and thereafter shall be assessable.
 Article W. The commencement of the Cor pOration shall be the day these Articles are filed in accordance with law, and the termination thereof eball be Twenty-Five years thereafter,
 
 tutes.
 Article V. The affairs of the Corporation shall be conducted by Board of Directors and such officers the Directors may elect ap- point. The number of Directors shall be de signtaed by the stockholders and shall be elect ed from among the stockhCldors at their annual meeting to be held the second Tuesday in January, of each year, until the first annual meeting of the stockh olders and until their successors have Teen elected and have qualified the following named persons shall be the Di- rectors:
 Chas. A Shepard, Geo. w.. Lennon, w. C. Kapp w. D. Faulkner and Henry E. Witt.
 Article VI. The Directors shall have power to adopt amend and rescind By-Iaws, to fill vacancies occurring in the Bt ard from any cause and to appoint from their own number an executive Commit'ee with all the powers granted the Directors by these Articles.
 Article VII. The highest amount of indebt- edness liability to which the Corporation is at any time to subject itself is SIXTY THOUs- AND x No-1OO DOLLARS (S60.GU0. .O0,)
 Article VIII. The private property of the stockholders of the Corporation shall be for ever exempt from it's debts or obligations. Article IX. For the present, and until fur ther notice Frank J. Duffy, of Nogales. Arizo- na who has been a resident of the Territory of Arizona, for more than three years now past, will be the Agent and representative of this Company.