The copper era., 1908-05-28
ARTICLES OF INCORPORATION
 of THE BANK OF DUNCAN"
w ALL MEN BY THESE PRESENTS:

KNOW ALL MEN BY THESE PRESENTS:
 That the undersigned, have associated ourselves together for the purpose of forming q Banking Corporation under the laws of the Territory of Arizona. and for that purpose do adopt the following charter.
 Article I. The names of the corporators of this corporation are II c. Day, W. T. Witt Jas V. Parks. Chas. L. Sands, W. D. MrKeehsn, John II. Evans, F. Bnngsley, L. B. Stephens, E. W. Taylor, W. F Willis, 4. E. Hobbs, W. E. Cureton, J. II. McCleskey, J. A. Martin, John Evans. John R Hampton. E. M. Williams, ". J. Riley, II. NJ. Watson and J. J. Kelley.
 Article II. The principal place for the trans acting of the business of this corporation shall be at Duncan, in the County of Graham, Ter ritory or Arizona; but the Board of Directors of this Corporation may establish branch places for the transactng of business of this corporation.
 Article IT. The name of this Corporation shall be "The Bank of DuncaD.''
 Article ". The general nature of the busi- ness to be transacted and carried on by this Corporation shall be the following: 10 engage in q general bankir business, receiving de- posits and paying the same ont upon the order of the depositors; selling aud buying exchange
 
 selling all kinds of negotiable paper, such as City, County and Territorial Warrants, Bonds, and other evidences of Municipal, debts, Gold Silver and Copper Bullion; Notes snd Mort gages on Real and Personal property well as stocks and Bonds of other Corporations; ito buy. own aud sell real estate and personal property, and to transact and carry on all business that is consistent with the banking business, and not in conflict with the laws of the Territory of Arizona.
 Article " The authorized capital stock of this Cor poration is Fifteen Thousand 6 ,OOO) Dollars divided into One Hundred and Fifty shares of the par value of One Hundred (slOO) Dollars each. Such capital stock to be fully paid into this Corporation. either in cash or property suitable for the uses and purposes of this Corporation, immediately upon the sub sciiption therefor.
 Article VI. The affairs of this Corporation shall be conducted by Board of not less than five, nor more than fifteen directors, who shall
 be stockholders, and the following named per- sons shall constitute the Board of Directors of this Corporation until their successors are elected and qualified. viz H. C. Day. Jnmes
 V. Parks, ". D. McKeehan. B F. Billingsley,
 E. W..Taylor A. E. Hobbs, J. A. Martin. W. J. Riley and H. NJ. Watson Thereafter the Board of Directors shall be elected from among the siorkh"l on the second Monday of January of each and every year. The officers of this Corporation shall be President One or more Vice Presidents and a Cashier.
 The President and Vice Presidents shall be elected from among the Board of Directors, within ten days from the annual meeting of the stockholders of this Corporation, and the Cashier shall be selected by the Board of Direc- tors at the same time. The following persons shall be and constitute the officers of this Cor poratiOn until the first annual meeting of the stockholders in January, 1909, viz H. c. Day, president; James V. Parks, vice-president; W. D. McKeehan, vice president and H. NJ. Wat son. cashier.
 The Board of Directors shall have the author ity to fiji any vacancy or vacancies occurring in their number. or among the officers of the Corporation majority of their number shall constitute quorum. and any meeting of slch
 Board of Directors, at which quorum Is pres cnt shall be deemed a legal meeting. Article VII The time of the commencement of this Corporation shall be on the date of the filing of certified copy of these Articles of Incorp' m in he the office of the Auditor of the Territory of Arizona and the termination shall be Twenty-Five ye"rs thereafter. unless further extended according to law. Article VIII. The highest amount of in. debtedness or liability direct or contingent To which this Corporation shall tany time subject itSelf shall not exceed twO-thirds of the amount ! of its capital stock.
 Article IX. The private property of the
 stockholdcr> of this Corporation shall be eX- empt from all it's corporate debts. | In Witness Whereof We have hereunto set
 our hands and seals. this the 10th day of April ! A. D. 1908.