Daily Arizona silver belt., 1908-07-05

william and John B. Toupin, all citizens
of the United States of America, have
this day voluntarily associated our
selves together for the purpose of form.
ing q corporation, under the laws of
the Territory of Arizona, and we here
by certify, acknowledge and adopt the
following Articles of Incorporation:
ARTICLE I.
The name of this corporation shall be
KING TRAIL DEVELOPMENT COM
PANY.
ARTICLE III.
The principal place of business shall
be at the City of Globe in the County
Of ella, and the Territory of Arizona,
with branch offices at such other places
within the United States Of America
as the Board of Directors shall from
time to time direct.
ARTICLE III.
The general nature of the business,
pursuit and enterprise proposed to be
conducted by this corporation is as fol-
lows:
To make contracts; to purchase, lease,
bond, locate, or otherwise own, ex-
change, sell, or otherwise dispose of, to
pledge, mortgage. hypothecate, and deal
in any and all kinds of real and person
al property and merchandise, including
bonds and shares of the capital stock of
its own and other corporations, mines,
mining claims, oil lands, coal lands,
water, water.rights, fumes, bitches, res
ervoirs, machinery, electric light and
power plants, tramways, railroad tele-
graph and telephone lines, pipelines and
waterways, trademarks, copyrights and
! patent devices, aud to work, mine, ex'
plore, operate and construct, own and
operate smelters, Commentators and
other reduction works for the reduction
and refining of ores and metals; to Dor
row money and execute notes, bonds,
mortgages or deeds of trust, to secure
/ the same and 20 exercise in respect
thereof and of n shares of capital
stock and other securities, and obliga
, tions, any and all rights, powers and
privileges of individual owners, includ.
ing the right TO vote any share Of stock
held by it TO the same extent that a
natural pers~ might or could do; 10
acquire and accept assignments Of, and
to hold, enforce and collect claims for
damages for conversion of ores and for
trespass TO mining claims and for other
damages to real and personal property;
hal l..
larry or other corporations and subscribe
for stock thereof, and to bury or sell
property to such other corporations, and
to make and carry into effect all ar
rangements with respect to union Of in
forests, amalgamation or consolidation
with other companies or corporations
having objects similar to or included
within the objects of this corporation,
and, in general, to do all things neces-
sary TO the proper conduct of the bust
ness Of the corporation.
ARTICLE ".
The authorized amount Of capital
stock shall be Three Hundred Seventy
FIVE Thousand (s375, 000.o0) Dollars, di-
vided into one hundred and fifty thou
sand (l50,OO0) shares of the par value
Of Two and Fifty Hundredths (s2.50)
Dollars per share. At such time RS the
Board of Directors shall direct, said
capital stock shall be paid in, either in
cash or by the sale and transfer of real
or personal property or the assignment
of contracts therefor to the said corpor-
alton for its uses and purposes, in pay
ment for which capital stock may be
issued;. and the stock so issued shall
thereupon and thereby become and be
( fully paid and non. assessable; and the
Judgment of the Directors as to the
,alue of such property or contracts shall
be conclusive.
ARTICLE v.
| The time of the commencement OF
| this corporation shall be the date of the
fling in the office of the County Rec
order of ella CouHty, Arizona, of GER
tilted copy of these Articles Of 1ncor
poration; and the date of termination
shall be twenty-five (25) years there
after.
ARTICLE VI.
The affairs of this corporation shall
be conducted by board OF not less
than Ave nor more than nine directors
a majority Of whom shall decide al
matters pertaining to the business OF
this corporation. The following named
persons shall constitute such board
with the right to elect as directors suci
other persons as they may deem best
but the total number of such persons
so elected, together with the persons
herein named as the Directors, shall
not exceed nine:
William F.. Whalley ......... Directo
Robert c. Andrus ........... Directo
Tom Trevillian ............. .Directo
A, T. HammonS ........... .Dlrecto
John b. Toupin ..............D irecto
The election Of further directors, ant
. of the following officers of the corpora
ton, President, Vice.President, AM
Secretary Treasurer, may take place a
any regular meeting of the Board o
Directors as above named; and there
| aftor tha Pnard of Directors shall ID