The oasis., 1908-05-09
ARTICLES OF INCORPORATION
 -oF THE INTERN tTION NJ DEVELOPMENT tS BROKERAGE COMPANY.

KNow ALL MEN BY THESE PRESENTS: That We, whose hands are hereunto affixed, do 1 hereby associate ourselves together r the purpose "f forming corporation under the l laws ol the Territ ny of AriZona. ana to that eni make the following >tatement FIRST The names ot the inrorp0rators are 1 J. H Gtthey, Mad S)rensen, W. k. Robertson, anu the name 0l the corp ration shall be THE INTERNATIONAL DEVELO MENT (S BRu K ERAGE CoMPNEY. The principal place within the Territory 0i Arizona in which the business of said corporation k tO be transacted is Nogales, santa Gruz County. Arizona, and the Corporation may establish 1 branch fhces either within or without the Territory of Arizona where meetings of lne Blard of Directors may be held.
 SECOND: The general nature of the business proposed to be transacted by this corporation is as follows, to-wlt: To buy and sell shares in the capital stock i'll this and other corporations and rs al estate and all other kinds uf pruler- ", either as principal or agent; to promote projects of all kinds; to make con tracts to purchase, lease, bond, locate or , otherwise acquire, own. exchange, sell or otherwise dispose of, pled,e. mortgage hypotheeate ana deal in real estate and any ana all Kinds ot personal property; mines, mining claims Il lands, coal lands, mineral lands, oil, gas, coal snale. asphaltum, petro- leun, asoestos, salt, water aud water rgnts and machinery, and to work, mIne explore operate am develop the same; anu i'll general tl do all things necessary to he proper conduct ol the bushes cf this Corporation n the Ter ritory and elsewhere, not Inconsistent with the
 
 Arizona, UT any foreign state or country in which this company may operate.
 THIRD: The authorized amount of the capital stock vt this Corporation shall be ONE HU NDkED THOdSAND DOLLARS. ($l00 OO0l divided into One Hundred Thousand (lOu 0UOl shares ot the pr Va ue oI One DJllar ($l0) each. At such times as the Board Of Directors may by resolution direct, said capital stocx shall be paid into this Corporation, either i'll cash, or by the sale and trafscr u It. Of real or personal proper ty for t uses and purposes of tr rfp8Fu n nav ma ff4 ot the capital stock Of said corpora tijn may be issued, and the capital stock so issued shall thereupnn and thereay become ant be fully paid up and n0n-assessable; alld in the absence Of actual fraud il the tranSacTIon. the judg- ment of the directors td the value 0f the property purchased shall 0e conclusive.
 FOURTH The tune of the ( Commencement of this corporation shall be the da.e ol the filing 0f d ccrLii q copy Of these Articles of InCOf- p9ration fn the office of the Territorial Audi tor, and Of the Recorder of Santa Cruz County and the termination thereof shall be Twenty five yedrs thereafter.
 FIFTH: The affairs of this corporation shall be conducted Dy Board of Three Directors and the following named shall constitute the B3ard If Directors until their successors are elected J. H. Cathey, Mads S3rens0n, W. l.. lbertson. Thereafter the Board oi Directors shall be elected from among the stockholders on the second Monday III January of each year The officers Of said Corporation until their successors are elected shall be- J. H. Catney. President; Mads SUrens0n. Vice President and General Manager; w. l.. Rob- eTtson, Secretary and Treasurer.
 SIXTH: The highest am Junt of indebtedness or liability, direct or contingent, to which This Corporation is at any time subject shall be Fifty Thousand Dollars ($50,0OO00), which amount does not exceed two-tnirds the amount of Ca pital st0cx.
 SEVENTH: 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 4tn day of April A. D. 19O6.
 J. II. CATHEY, (SEAL).
 MAIDS. SOREEsON, (SEAL1.