Daily Arizona silver belt. (Globe, Gila County, Ariz.) 1906-1929, 1908-09-30
Dr.. Shops
Restorative
Sold by Palace Pharmacy
LEGAL ADVERTISEMENTS
ARTICLES OF INCORPORATION
OF
COPPER BASIN DEVELOPMENT
COMPANY.

1 'h~'o' ALL
PRESENTS
That we, the undersigned, d. l.. Me
10y, j. II. Thompson and w. II. Worder
of ella County, Arizona, have this day
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:
O
The name of this corporation shall be
C Err BASIN DEVELOPMENT
CAPANY, and its 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 on
crate all such other machinery and
things necessary to the carrying on of
the businesses herein mentioned; to dc.
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
a general mercantile business; to pur.
chase and dispose of or hypothecatc
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.
struet, 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 worcestershire.
(4)
Of the capital stock of this corpora.
ton, 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
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 ella County, Ari- |
IONA, and the filing of duly certified
copy of said articles in the office of
the Territorial Auditor at Phoenix.
and it shall continue to exist
for a period of twenty-five years there
after.
(6)
The affairs of this corporation shall
DC conducted by Board of Direc tors
20 be elected annually at the regular
stockholders meeting of each year. and
which said Board of Directors shall
consist of not more than seven nor less
han three persons all of whom shall be
stockholders of this corporation.
(D
The regular annual meetings of the
shall be on the first Mon
lay in September of each year of its
existence, and until the regular meet
ng of the stockholders to be held in
september, 1909, the following persons
shall serve as directors, and shall so
erve until their successors are duly elect
I'd; but it is hereby provided that said
directors hereinafter named may appoint
,ther persons to serve as directors un-
ii the regular meeting of the stockhold-
RS in September, 1909, and until their
are duly elected, not exceed
ng the number requisite to make the
'aid board consist of seven persons:
Said directors shall be: ID. l.. Meloy,
J. II. Thompson and w. II. Worden, the