The oasis., 1908-03-07
ARTICLES or INCORPORATION
 -or rHE INDUSTRIAL MINING COMPANY.

RNow ALL MEN BY THESE PRESENTS: That we, whose hands are hereuntO affixed, do hereby associate ourselves together for the purpose of forming corporation under the laws of the Territory Of Arizona, and to that end make the following statement
 FIRST: The names of the corporat0rs are w. D. Schelinger, W. T Lake, Allen IT, Bird, l. NJ Ritz and D. l.. Reeder. and the name of the corporation shall be THE INDUSTRIAL MINING COMPANY. The principal place within the Territory of Arizona in which the business of said Corporation is to be transacted is Nogaes, Santa Cruz County, Ari- zona, and the Corporation may establish branch offices either within or without the Territory of Arizona where meetings of the Board of Directors may be held.
 SECOND; The general nature of the business proposed to be transacted by this Corporation Is as follows, towit:
 To transact general mining and reduction business. with full power to buy and sell stock in this and other companies and to make contracts: t0 purchase, lease, bond, locate or otherwise acquire, own, exchange, sell or otherwise dispose of, pledge, mortgage, hypothecate and deal in real estate and any and all kinds of personal property; mines, min- ing claims, oil lands, coal lands. mineral lands, oil, gas coal shale asphaltum, petroleum, asbestos salt, water and water rights and ma chinery and to work. mine, explore, operate and develop the same; and i'll general to do all things necessary to the proper conduct Of the business of this Corporation in the Territory and elsewhere, not inconsistent with the laws of the United States and the Territory Of Arizona, or the Republic of Mexico and State o5 Sonora.
 stock of this Corporation shall be Five Hun dred Thousand dollars ($500,O0O) divided into Five Hundred Thousand (500UOO) shares of the par value of one dollar (Sl00) each At such time as the Board of Directors may by resolution direct, said capital stock shall be paid into this Corporation, either in cash or by the sale and transfer to it, of real or personal | property for tae uses and purposes of said Cor poration, in payment for which shares of the capital stock of said corporation may be issued, | and the capital stock so issued shall thereupon | and thereby become and be fully paid up and | non-assessable, and in the absence of actual | fraud in the transaction, the judgment of the Directors as to the value of the property pur- | chased shall be conclusive.
 | FOURTH The time of the commencement Of | this corporation shall be the date of the filing of a certified copy of these Articles Of lncor- poraton in the office ot the territorial auditor; and of the recorder of Santa Cruz county, ana | the termination thereof shall be twenty-five FIFTH: The affairs of this corporation shall l be conducted by board of five (5) directors l and the following named shall constitute the Board of Directors until their successors are elected J. Y. Baskin, J. NJ. Ritz. w. D. l Schellinger, D. l.. Reeder and Allen T. Bird. Thereafter the Board of Directors shall be elected from among the stockholders on the first Monday in January of each year. The officers of said Corporation until their sue cessors are elected shall be: J. Y Baskin President; J. M Ritz, VicePresident; Allen T. Bird. Secretary; W. D. Schellinger, Treasurer
 SIXTH: The highest amount of indebtedness or liability direct or contingent, to which this Corporation is at any time subject shall be Twenty five Thousand Dollars (S25,0OO) which amount does not exceed two-thirds the amount of capital stock.
 SEVENTH: The private property of the stock holders of this corporation shall be exempt from corporate debts Of any kind whatsoever.
 Tn witness whereof, We have hereunto se our hands and seals this twenty-seventh day of January, 190o
 w. T. LAKE, tSEALl.
 W. D. SCHELLINGER, tSEAL]
 l. NJ. RITZ SEAL l.
 D. L. REEDER, (SEALl
 ALLEN T. BIRD, [SEALl