The copper era., 1908-04-30
ARTICLES OF INCORPORATION
or THE
BANK OF DUNCAN"

KNOW ALL MEN By THESE PRESENTS;
That we the undersigned. have associated
ourselves together for the purpose of forming
a Banking CORPORATION under the laws of The
Territory Of Arizona. and for that purpose DO
adopt the following charter.
Article I. The names of the corporators of
this corporation are II c. Day. W T Witt, Jas.
V. Parks. Chas. L. Sands. W D. MrKeehan,
John H. Evans, y r Buliugsiey L. B.
/ stephens. W Taylor W. Willis. y L.
Hobbs W. E. Cureton J. II. McCIcskcy, J. a.
Martin, John Evans. John x Hampton. Z. N.
Williams, W. J. Riley, Il. NJ. Watson and J. J.
! Kelley.
Article II. The principal place for the trans
acting of the business OF this corporation shall
be al Duncan, in the County of Graham Ter
ritory of Arizona; but the Board of Directors
of this Corporation may establish branch
places for the tr1usacting of business of this
corporation.
Article Isl The name of this Corporation
shall he "1he Bank Of Duncan
/ Article ". The general nature of the bust
ness to be transacted and carried on by this
Corporation shall be the following: 10 engage
in general bankir 2 business, receiving de
/ posts and paying the same ont upon the orGer
of the depositors; selling aud buying exchange,
/ borrowing aud lending money; buying and
selling all kinds Of negotiable paper, such as
/ City. County ana Territorial Warrants, Bonds.
and other evidences of Municipal debts. Gold,
Silver and COPPER Bullion; Notes end Mort
cages on Real and Personal property. as wei as
stocks and Bonds of other Corporations; TO buy,
( own aud sell real estate aud personal property.
and to transucOand carry on ali business that
is consistent with the banking business, and
not in eon1iet with the laws oc the Territory
OF Arizona.
Article V. The authorized capital stock Of
this Cor poration is Fifteen Thousand 6 5000
Dollars. divided into One Hundred and Fifty
shares Of the par value OF One Hundred tslOJ)
Dollars each. Such capital stock 10 Oe fully
paid into. this Corporation. either in cash or
property suitable for the uses and purposes of
this Corporation, immediately upon the sub
sclipiion therefor
Article VI The affairs Of this Corporation
shall bc conducted by a Board of not less Than
five. nor more than fifteen directors, who shall
be stockholders. and the following named per
sons shall constitute the Board Of Directors Of
this Corporation uutIl their Successors are
elected and quliifed. viz: II. G. Day. J ,mcs
V. Parks, ". D. MrKeehnu. Il T Buing~ey,
L. W..Tnylor \. E. Hobbs, J. \. Martin, "
J. Riley aud H. u. Watson
Thereafter the Board Of rectorS shall he
elected from among the stockhol :ors GA the
second Monday of January OF each AID every
year. The officers Of THIS Corporation shall he
President One or more Vice-Presideuts and
Il Cashier.
The President and Vicc-Presjdeuts shall be
elected from among the Board of Directors,
within ten days from the annual meeting OF
the stockholders Of this Corporation, aud the
Cashier shall be selected by the Board of Direc-
tors at the same time. The following persons
shall BE- and constitute the officers of this Cor
poration until the frs, annual meeting of the
stockholders in january, 1909, viz; H. c. Day,
presidents James V. Parks, vice-prcsiGcut; W
D. Sic1ee!ian. vicc-peesidenl: and Il. II. Wat.
son. cashier.
The Board of Directors shall have the author
ity TO fiji any vacancy or vacancies occurring
in their number. or among the otfir-rs Of the
Corporation \ majority OF their number snail
constitute quorum, ana any mootir q of sach
Board of Director $. at which a quorum is pres.
cut. shall be deemed legal meeting.
Article VII. The time of the commencement
/ Of this Corporation shall be ON the date of thC
filing OF certified copy of these Articles al
lucOrpf ruu IN in he the Office of the Auditor
of the Territory Of Arizona and the termination
shall be Twenty five ye"rs thereafter, unless
! further extended according TO law.
Article VIII The highest amount Of in
debtcdness or liability direct or contingent ia
which this Corporation shall AZ any time subject
itself small moi exceed tWO-thIrds OF the amount
of lis capital stock
Article *. The private property Of tho
slockhol3cr, Of this Corporation shuu he cN-
empt from all its corporate debts.
I In Witness Whereof We have hereuntO set
our bands and seals this the 10th day OF April
4. p. lgOS.