The oasis., 1908-05-02
ARTICLES OF INCORPORATION
 -OF THE INTERN kTION \L DEVELOPMENT & BROKERAGE COMPANY.

KNOW ALL MEN BY THESE PREsENTs That We, whose hands are hereunto affixed, do hereby associate ourselves together, fir the purpose ot I1rmlng a corporation under the laws uf the Territ ny of AriZOna. ana to that end make the following statement:
 FIRST: The names of the incorporators are J. H. CAthey, MadS S)rensen, w. E Robertson, and the name of the corporation shall be THE INTERNATIONAL DEVELOPMENT & BRoK- BRACE GoMPAEY. The principal place within the Territory oi Arizona in which the business of said corporation is to be transacted, is Nogales, Santa cruz County, Arizona, and the Corporation may establish branch tfices 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, to-wit: To buy and sell shares in the capital stock 1n this and other corporations, and r, al estate and all other kinds of proper ty either as principal or agent; to promote projects of all kinds; 10 make con. otherwise acquire, own. exchange, sell or otherwise dispose of, pledae. mortgage, hypothecate and deal in real estate and any and all kinds of personal property; mines, mining claims, Gil lands, coal lands, mineral lands, oil gas, coal shale, asphaltum, petro- leum asOestos, salt, water and water rights and machinery, and to work, mine, explore, operate ana develop the same; and in general of the business of this Corporation in the Ter Titory and elsewhere, not inconsistent with the laws Of the United States and the Territory of Arizona, or any foreign state or country in which this company may operate.
 THIRD: The authorized amount of the capital stock of this Corporation shall be ONE HU NDRED THOUSAND DOLLARS, ($l00 000) divided into One Hundred Thousand (lUUOVO) shares of the par Va ue of One Dollar ($l.OU) each At such times 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 uses and purposes of said Corporation, in payne It for which shares of the capital stock of said corporation may be issued, and the capital stock so issued shall thereupOn and thereSy become and be fully paid up and nOn-assessable; and in the absence of actual fraud in the transaction, the iudg- ment Of the directors as tO the value of the property purchased shall be conclusive.
 FOURTH: The tune of the commencement of this corporation shall be the da.e of the filing of certified copy of these Articles of Incor- puration in the office of the Territorial Audi tor, and of the Recorder of Santa Cruz County, and the termination thereof shall be Twenty i've years thereafter.
 FIFTH: The affairs of this corporation shall be conducted by Board of Three Directors, and the following named shall constitute the Board nf Directors until their successors are elected: J. H. Cathey, Mads SoreLsOn, W. k. Robertson. Thereafter the Board oi Directors shall be elected from among the stockholders on the second Monday i'll January of each year. The officers of said Corporation until their successors are elecled shall be- J. H. Cathey, President; Mads SOrensOn. Vice. President and General Manager; W. k. Rob- ertson, Secretary and Treasurer.
 SIXTH The highest amount of indebtedness or liability, direct or contingent, to which rhis Corporation is at any time subject shall be Fifty Thousand Dollars (SjO,OO0OO), which amount does not exceed two-tnirds the amount of Ca ptal stock.
 SEVENTH: The private property of the stock holders of thls Corporation shall be exempt from corporate debts of any kind whatsoever.
 IN WITNESS WHEREOF, We have hereuntO set our hands and seals this 4th day of April, A. D. 1908.
 J. H. CATHEY, (SEAL).
 MADs. SoRENsoN, (SEAL).