The border vidette., 1908-02-15
ARTICLE OF INCORPORATION.

KNOW ALL MEN BY THESE PRESENTS, That we, the undersigned, having associated ourselves for the purpose of forming a Corporation un- der Chapter II. of Title XIII, Revised Statutes of Arizona. 1901. and Acts Amendatory thereof. hereby adopt the following Articles of Incorpo- ration:
 Article l. The Name of the Corporation shall be THE HOME DEVELOPMENT COMPANY, OF JOHNSON COUNTY" and it's Principal place of Businsss shall be Nogales. Arizona but other offices may be established and maintained with in or outside of Arizona at such places as the Board of Directors may designate, where meet ings of Stockholders and Directors may be held.
 Article 1T. The general nature Of the business proposed to be transacted is mining. convert ing. preparing for market and otherwise pro ducing and dealing in all kinds of ores, metals and minerals, oIls gas and coal, and the pro- ducts and by products thereof; to purchase otherwise acquire. own, exchange, sell or other wise dispose of, mortgage. hypotecate and deal in mines and mineral lands of all kinds. oil, coal and timber lands real and personal estate, and to work, explore, operate and develope the same; to purchase or otherwise acquire, erect, own, operate and dispose of oil refineries, and power plants; to own. handle and control let ters patent and inventions and shares of its own capital stock and that of other Corpor- ations, and to vote any shares of stock owned by it the same as any natural person might do; to issue bonds, notes. debentures and other evidences of indebtedness, and secure the pay ment of the same by mortgage, deed of trust otherwise; to act as agent. trustee. broker. In any other hduciary capacity and to borrow and loan money; and in general to do and per- form such acts and things and transact such bus mess in connection with the foregoing ob- jects. not inconsistent with law, in any part of the world, as the Board of Directors may deem to the advantage of the Corporation.
 Article III. The capital stock of the Corptr- atiOn shall be ONE HUNDRED THOUSAND & No- 100 DOLLARS, SQ00-O00 O0,) divided into FOUR THOUSAND SHARES of the par value of TWENTY FIVE & No-10o DOLLARS. (S25 00,) each, which shall be paid for at such times. and in such manner as the Board of Directors may desien.ts All or any portion of the capital stock may be issu sd in payment for real or personal property, services or any other right or thing of value, for the uses and purposes of the Corporation. and when issue shall become and be ful!- paid, the same though paid for in cash at par; and the Directors shall be sole judges of the value of any property, right or thing Qu' red in exchange for capital stock.
 No shares of capital stock shall be issued until fully paid for and thereafter shall be non assessable.
 Article W. The commencement of the Cor p1ration shall be the day these Articles are filed in accordance with law, and the termination thereof shall be Twenty-Five years thereafter, with privilege of renewal provided by sta tutes.
 
 shall be conducted by Board of Directors and such officers as the Directors may elect ap- point. The number of Directors shall be de- signtaed by the stockholders and shall be elect ed from among the stockholders at their annual meeting to be held the second Tuesday in January, of each year, until the first annual meeting of the stockholders and until their successors have been elected and have qualified the following named persons shall be the Di- rectors:
 Chas. A Shepard, Geo. w. Lennon, w. c. Kapp. w. D. Faulkner and Henry E. Witt.
 Article VI. The Directors shall have power to adopt amend and rescind By-iaws to fill vacancies occurring in the B, ard from any cause. and to appoint from their own number executive Committee with all the powers granted the Directors by these Articles.
 Article VII. The hi ghest amount of indebt- edness liability to which the Corporation is at any time to subject itself is SIXTY THoUs- AND & NO 100 DOLLARS (S6O.OOO .OO,D
 Article VIII. The private property of the stockholders of the Corporation shall be for ever exempt from its debts or obligations.
 Article TX. For the present, and until fur ther notice Frank J. Duffy, of Nogales. Arizo- na, who has been a resident of the Territory of Arizona, for more than three years past, will be the Agent and representative of this Company.
 IN WITNESS WHEREOF we have hereto aft ed our signatures, this 18th. day of November, 1907.