The oasis., 1908-01-04
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ARTICLES OF INCORPORATION
 -OF THE SONORA DEVELOPMENT COMPANY
 LIMITED.

KNOW ALL MEN BY THESE PRESENTS: That we. the undersigned, hereby associate ourselves together, to form q corporation under the laws of Arizona, by the following articles
 FIRST The names of the incorporators are Frederick ]. II. Merrill, of New York City and Carl NJ. Rathbun of Nogales, Arizona, and the name Of the corporation shall be THE SONORA DEVELOPMENT COMPANY Limited. The principal place in which the business of said corporation is to be transacted, is Nogales, santa Cruz County, Arizona, and outside Of Arizona such place as the Board Of Directors may designate. where meetings of stockholders and directors may be held.
 SECOND: The general nature of the business to be transacted by this corporation is as follows, viz:
 TO explore, acquire own and operate, mines and mineral properties, in the United States, Canada or Mexico, and transact any other business. not contrary to law, except banking and insurance,
 THIRD: The authorized amount of the capital stock of this Corporation shall be FIVE HUNDRED THOUSAND DOLLARS, $500 000) divided into Five Hundred Thousand (5OOOO0) shares of the par value of One Dollar (SlO0) each, which shall be paid in to this corporation at such time as the Board of Directors may designate, either in cash, or by the sale and transfer to it of real or personal property, or in services or in any other valuable thing, for tae uses and purposes of said Corporation, and all shares of capital stock issued in payment therefor shall be fully paid and nOnassessable; {; and in the absence of fraud in the transaction, the judgment of the directors as to the value of the consideration, received in exchange, for the said stock shall be conclusive.
 FOURTH The time of the commencement of this corporation shall be the dase of the filing of these Articles of Incorporation ill the office of the Recorder of Santa Cruz County, and of the Territorial Auditor, and the termination thereof shall be Twenty-Five years thereafter, with right of renewal as provided by law.
 FIFTH: The affairs Of this corporation snail be conducted by Board of Directors, and the following persons shall constitute the Board of Directors, those specially designated also act ing as officers and all holding office until their successors are elected from among the stock holders at such date may be fixed by the BYLAWS Frederick J II. Merrill, President; l. R. Bolen, Vice President; Sam H. Smith, Secretary and Treasurer; Robert Hall, J. L.. Nicholson, NJ. N. Andrews, J. w. Crowther.
 SIXTH: Bylaws tor the government ot the Corporation, shall be adopted by the Directors, and said Bylaws shall fix the time for the annual meetings of Stockholders.
 Said directors shall have power to fill vacancies occurring in the Board ot Directors from any cause and to appoi mt an Executive Committee which as may be provided by resolution or by said Bylaws, shall have and exercise the powers granted to the directors by these Articles.
 SEVENTH The highest amount of debt, in- debtedness or liability to which this corpor ora. tion is at any time subject shall be ONE HUNDRED THOUSAND DOLLARS ($l00,0l0).
 EIGHTH: The private property of the stock holders of this Corporation shall be exempt from corporate debts of any kind whatsoever. IN WITNESS WHEREOF we have hereunto set our hands and seals this 30th day of October A. D. 1907.
 (SEAL) FREDERICK J. H. MERRILL. (SEAL) CARL NJ. RATHBUN.