The border vidette., 1908-02-22
ARTICLE OF INCORPORATION.


 | 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 Amcndatory thereof. | hereby adopt the following Articles of Incorpo- 1 ration:
 | Article l. The Name of the Corporation shalt
 be THE HOME DEVELOPMENT COMPANY, OF ] JOHNSON COUNTY" and its 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 l ings of Stockh olders 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 | ard minerals, oIls gas and coal, and the pr.,- ducts and by products thereof; to purchase 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 deveope the same; to purchase or otherwise acquire, erect, own operate and dispose of oil refineries, and power plants; to ow D. handle and coatroI let ters patent and inventions and shares of its 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 InenC or the same by mortgage, decd Of trust or otherwise; to act agent, trustee, broker. or in any other hduciary capacity and to borrow and loan money; and in general to do and per- form such acts and things and. transact such b1s mess in connection with the foregoing ob- jects. not inconsistent with law, in any part of the world, as the Boa rd of Directors may deem to the advantage of the Corporation.
 Article III. The capital stock of the Corpor- ation shall be ONE HUNDRED THOUSAND d No- 100 DOLLARS. SQ0OO0O o0) divided into FOUR THOUSAND sH ARES of the par value of TWENTY FIVE & No-1OO DOLLARS. (S25 OO,) each, which shall be paid for at such times, and in such manner tine Board of Directors may designate All any portion of the capital stock may be issued in payment for real personal property, services or any other right or thing of value. for the uses and purposes of the Corporation, and when issue shan 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 thing qu red in exchange for capital stock.
 No shares of capital stock shall be issued until fully paid for and thereafter shall be non assessable.
 Article ". The commencement of the Cor pOration shall be the day these Articles filed in accordance with law, and the termination thereof shall be Twenty-Five years thereafter, with privilege of renewal provided by sta 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 stockholders at their annual meeting to be held on the second Tuesday in January, of each year. until the first annual meeting of the kholders and until their successors have heen 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 k. Witt.
 Article VI. The Directors shall have power to adopt amend and rescind Bylaws, to fill vacancies occurring in the Beard from any cause. and to appoint from their number an executive Committee with all the powers granted the Directors by these Articles.
 Article VII. The hi ghest amount of indebt- edness liability to which the Corporation AND No-1OO DOLLARS (S6000o .0O,)
 Article VIII. The private property of the stockholders of the Corporation shall be for ever exempt from it's debts obligations.
 Article TX. For the present. and until fur ther notice, Frank J. Duffy, of Nogales. Arizo- na, who has been q resident of the Territory Of Arizona, for more than three years past, will be the Agent and representative of this Company.
 WITNESS WHEREOF, we have hereto affi Sed our signatures, this 16th day of November. 1907.