Daily Arizona silver belt., 1908-10-01
LEGAL ADVERTISEMENTS


 associated ourselves together for the purpose of forming corporation un. der and by virtue of the Laws of the Territory of Arizona, and for that pur- pose, do make, establish and declare the following as the charter and articles of incorporation thereof: | CD
 The name of this corporation shall be | COPPER BASIN DEVELOPMENT COMPANY, and it's principal place of business shall be Globe, Gila County. Arizona, and it may establish other places of business by its directors. (2)
 The general nature of the business to be transacted by this corporation shall be to buy, sell, own, operate, develop, hypothecate, and otherwise handle and dispose of mining property of any and all kinds; to buy, sell, erect, own and operate smelters and all other kinds of machinery for the refining and re- duction of ores, and to own and op- crate all such other machinery and things necessary to the carrying on of the businesses herein mentioned; to de. velop, own, buy, operate and sell all kinds of water-rights; to buy and sell the stocks of this and other corpora tons; to own, operate, buy, sell, and otherwise handle gas and electric light | plants, and all machinery and appur- tenances necessary and incident thereto in the management thereof; to conduct general mercantile business; to pur- chase and dispose of or hypothecate lands and franchises, or to own and op. crate the same; to buy, sell, or other wise own and dispose of all kinds of ores, minerals, metals and oils; to con struct, own and operate saw mills. and to dispose of the products thereof.
 (3)
 The amount of the capital stock of this corporation shall be Five Hundred Thousand Shares of the par value of one dollar per share; and when issued shall be forever non-assessable.
 (4)
 Of the capital stock of this corpora- tion, there shall be set aside Two Hun. dred and Fifty Thousand Shares to be held and known as treasury stock, and shall not be sold or disposed of ex. cept by a majority vote of the stock issued, each share to have one vote. which vote may be taken at any regular or special meeting of the stockholders; the remaining stock of this corporation shall be disposed of by the Board of Directors in the purchase of mining properties, or for such other purposes as to said Board of Directors may seem proper for the promotion of the pur- poses of the corporation.
 (5)
 The time of the commencement of this corporation shall be upon the date of the recording of these articles in the Recorder s office of Gila County, Ari- zona, and the filing of duly certified copy of said articles in the office of the Territorial Auditor at Phoenix. Arizona, and it shall continue to exist for period of twenty-five years there after.
 (6)
  The affairs of this corporation shal; be conducted by Board of Directors to be elected annually at the regular stockholders meeting of each year. and | which said Board of Directors shall 1 consist of not more than seven nor less | than three persons all of whom shall be | stockholders of this corporation.
 @
 The regular annual meetings of the | stockholders shall be on the first Mon | day in September of each year of its existence, and until the regular meet ing of the stockholders to be held in | September, 1909, the following persons shall serve as directors, and shall so serve until their successors are duly elect | ed; but it is hereby provided that said | directors hereinafter named may appoint other persons to serve as directors un- til the regular meeting of the stockhold. | CTS in September, 1909, and until their successors are duly elected. not exceed ing the number requisite to make the said board consist of seven persons: 'odfd dilSNiolS Sudll D. V, J. II. Thompson and w. H. Worden. the above named.
 (S)
 The officers of this corporation shall be president, vice-president, and a secretary treasurer; and until their sue cessors are duly appointed, the follow. ing persons shall be the officers of the corporation; w. II. Worden, president; J. II. Thompson, viee-president; D. l.. Meloy, seeretary-treasurer, and they shall also be the same officers of the Board of Directors
 (9)
 The greatest amount of indebtedness to which this corporation shall or may subject itself shall be the sum of Fifty rhousand' Dollars, ($5O,OOO).
 10)
 The private property of the stockhold- PTS of this corporation shall not be li- able for any of its indebtedness. In witness whereof, the incorporators above named, have hereunto set their hands and seals, this 22nd day of Sep .ember, 1908.