The copper era., 1908-05-14
OF INCORPORATION
 OF THE BANK OF DUNCAN"

KNOW ALL MEN BY THESE PRESENTS:
 That we the undersigned, have associated ourselves together for the purpose of forming 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 D. M"Keehsn, John H. Evans, B F. Biliugsey. L. B.
 Stephens. E w. Taylor. W. Willis, A. F..
 Hobbs. w. E. Cureton, J. H. McCleskey, J. A.
 Martin, John Evans. John Hampton. E. Nj.
 Williams. w. J. Riley, H. NJ. Watson and J. J.
 Kelley.
 Ar icle II. The principal place for the trans
 acting of the business of this corporation shall be at Duncan in the County of Graham Ter
 ritory of Arizona: but the Board of Directors of this Corporation may establish branch places for the transactng of business of this corporation.
 Article III. The name of this Corporation shall be "The Bank of Duncan
 Article ". The general nature of the busi- ness to be transacted and carried on by this Corporation shall be the following: 10 engage in general bankir business, receiving de posits and paying the same out upon the order of the depositors; selling and buying exchange, borrowing and lending money buying and selling all kinds of negotiable paper such City, County and Territorial Warrants, Bonds, and other evidences of Municipal debts Gold, Silver and Copper Bullion; Notes end Mort gages on Real and Personal property. as well as stocks and Bonds of other Corporations; to buy. own aud sell real estate and personal property, and to transact and carry all business that is consistent with the banking business, and not in conflict with the laws of the Territory of Arizona.
 Article " The authorized capital stock of
 this Cor poration is Fifteen Thousand 6 l5,OOO)
 Dollars divided into One Hundred and Fifty
 shares of the par value of One Hundred (S1OO)
 Dollars each. Such capital stock to be fully
 paid into this Corporation. either in cash property suitable for the and purposes of this Corporation. immediately upon the sub sclipton therefor.
 Article VI The affairs of this Corporation shall he conducted by Board of not less than five nor more than fifteen directors, who shall
 be storkholdeIs. and the following named per
 sons shall constitute he B ard Of Directors of
 this orpOrati"n uutl their successors are | elected aud qualified. viz: II. C. Day. James
 V. Parks, W D. MrKeehhn. B F. Billingsley. E. W..TayiOr A. E. Hobbs, J. A. Martin, w.
 J. Riley and II. NJ. Watson
 Thereafter the Board of Directors shall be elected from among the stockholders on the second Monday of Jtnuary of each and every year. The officers of thIs Corporation shall be
 d President One or more Vice Presidents and a Cashier.
 The President and Vice-PTesidents shall be elected from among the Board of Directors,
 within ten days from the annual meeting of the stockholders of this Corporation, and the Cashier shall be selected by the Board of Direc-
 tors the same time. The following persons shah be and constitute the officers of this Cor poration until the first annual meeting of the stocKholders in January, 1909. viz: H. c. Day, president; James V. Parks, vice-president; W. D. McIleehan. vice-president: and II. NJ. Wat son. cashier.
 The Board of Directors shall have the. author ity to fiji any vacancy vacancies occurring Corporation A majority of their number shall constitute quorum. and any meeting of such Boar! of Directors. at which n quorum is pref- ent. shall he deemed legal meeting. Article VII. The time of the commencement "f rh Corporation ~htil hs on Ihc date of ihe filiu.s of cttifi-.t copy of these Articles of Inrurp, rat in he the uif G. of the Auditor of Inc Territory of Arizona and the termination Sh all be Twenty five wears thereafter, unless further exten led n'rnr'iing in law. Article VIII. The hi.ncst amount of in. drbIedueSs or lihbi ity dirc'l or contingent to
 W hich this Corpura' shall al auy time subject
 Jeff, shall moi cX ced twu-thIrds of the amount | of it's apit"l Sttrk.
 Article TX. The privr'e property of the stockhuldrr of this Corporation shall be eX- cmpt from all iiS corporate drht~ In Witness Whc cuf We have hcreuutn set our hands and seals this he l5tu day of pril
 A. D. 1908