The oasis., 1908-07-18
ARTICLES OF ACCOMMODATIONS
 -OF TIE SONORA METAL PRODUCING COMPANY

.
 KNOW ALL MEN BY THESE PRESENTS. That wo the undersigned do hereby associate our.,t,G together for the purpose of forming a cornors' ton under the laws of the Territory of rllor@ and to that end do certify and declare:
 ARTICLE l. The names of the corporators are Allen T. Bird and Dane D. Bird, and the na,no of the Corporation shall be
 SONORA METAL PRODUCING COMPANY The principal place of business and the regis tered office oi the Corporation in Arizona s6au be at Nogales, Arizona, and the COrporation may have such other offices either within or without the Territory of Arizona as may bs established by the Board of Directors, at which offices meetings of the Board of Directors may be held.
 ARTICLE II. The general nature of the bus. ness proposed to be transacted by this orpors tion is as follows, t0-wit: To make contracts to purchase, lease, option, locate, or otherwise acquire, own, exchange, sell, or otherwise dis pose of, pledge, mortgage, hypOthecate and deal in mines, mining claims, mineral lands coal lands, oil lands, timber lands, real estate water and water rights, and to work, explore operate and develop the same, and to extract any and all minerals, oils and gas therefrom and deal in the products and by-prOducts thereof; to purchase. lease, or otherwise ac. qulre, erect, own, operate or sell smelling and ore reduction works, oil regneries saw nails and power plants; tO do general real estate manufacturing and mercantile business; to own, handle and control letters patent and in.
 
 and that of other corporations, and to vote anv stock owned by it the same as natural person might do; to issue bonds, notes, debentures and other evidences of indebtedness and secure payment of the same by mortgage, deed Of trust or otherwise; to act as agent trustee broker, or in any other fiducaly capacity and to borrow and loan money; to cultivate irri. gate and farm arable land and mArket inc products thereof; to buy, sell breed and rear horses, cattle and other live stock and in gen. eral to do and perform such acts and things and transact such business, not inconsistent with law, in any part of the world, as Inc Board ot Directors may deem to the advantage of the Corporation.
 ARTICLE III. The authorized amount of can. ital stock oi this Corporation shall be Two Hundred Thousand Dollars (S2O0 OOW divided into Two Hundred Thousand (2OO. .O00l Shares of the par value of One Dollar ($lOO) each At such time as the Board of Directors may by resolution direct, said capital stock shall be paid into this Corporation either in cash. services, or by the sale and transfer to it of real or personal property for the uses and pur- poses of said Corporation, in payment of which shares ot the capital stock ol said Cor porallon may be issued, and the capital stock so issued shall thereupon and thereby become and be fully paid up and non.aSsassable, and in the absence of actual fraud in the trans- action the Judgment of the Directors as to the value ot the property purchased shall be conclusive.
 ARTICLE " The time of the commencement of this Corporation shall be the date of filing thtst AihlNttS III tHt OIlce or the heeOfuef Oi santa Cruz County, and Il certified copy of the same ii the office UI the IerTitorial Auditor, ana the termination thereof shall be twenty. live years thereafter.
 ARTICLE V. The affairs of this Corporation shall be conducted by Board of Three DreC. tors, and the following named shall constitute the Board Of Directors until their successors are elected: A. c. Waters, Lawrence Ballou, C. N. Fletcher. Thereafter the Board of Directors shall be elected from among the Stockholders on the first Monday in October of each year, The officers of said Corporation until their successors are elected shHl be: A. C. Waters, President; G. NJ. Fletcher. Vice President; Lawrence Ballou, Secretary; A. c. Waters, Treasurer.
 ARTICLE VI. The highest amount of lndebt edness or liability, direct or contingent, to which this corporation is at any time subject shall be One Hundred Thousand Dollars ($l00,000), which does not exceed two-thirds the amount of the capital stock.
 ARTICLE VII. The private property of the stockholders of this Corporation shall be exempt from it's corporate debts of any kind whatsoever.
 IN WITNESS WHEREOF, we have hereuntO set our hands and Seals this 25th day of June, 1908. ALLEN T. BIRD, SEAL
 DANE D. BIRD, SEAL