The oasis., 1908-01-04
ARTICLES OF INCORPORATION
 OF THR- NOGALES CONSOLIDATED COPPER
 COMPANY.

KNOW ALL MEN BY THESE PRESENTS, That we whose hands are hereuntO affixed, do hereby associate ourselves together for the purpose oi forming corporation under the laws of the Territory of Arizona, and to that end make the following statement:
 FIRST: The names of the corporators are Anton Proto, Louis J. F. lager, C. T. Jones Louis Proto, and the name of the Corporation shall be the MORALES CONSOLIDATED COPPER COMPANY. The principal place within the Territory of Arizona in which the business of said Corporation is to be transacted is Nogaes, Santa Cruz County Ari- zona, and the Corporation may establish branch offices 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:
 general mining and reduction business with full powers to buy and sell shares in the capital stock of this and other corporations and to make contracts; to purchase, lease bond, locate or otherwise acquire, own, exchange sell or otherwise dispose of, pledge, mortgage, hypothecate and deal in real estate and any and all kinds of personal property; mines mining claims, oil lands, coal lands, mineral lands, oil, gas, coal, shale, asphaltum, petrO- leum, asbestos, salt water and water rights and machinery, and to work mine, explore operate and develop the same; and in general to do all things necessary to the proper con- duct of the business of this Corporation in the Territory and elsewhere, not inconsistent
  Territory of Arizona, or the Republic of Mexico and State of Sonora.
 THIRD: The authorized amount of capital stock of this Corporation shall be Five Hundred Thousand Dollars (S500,0O0) divided into Five Hundred Thousand shares of the par value of One Dollar ($lOO each. At such times 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 personal property for the uses and purposes Of said Cor pOratiOn, in payment for which shares of the capital stock ot said corporation may be issued, and the capital stock so issued shall thereupon and thereby become and be fully paid up and and in the absence of actual fraud i'll the transaction the judgment of the Directors as t0 the value of the. property purchased shall be conclusive.
 FOURTH: The time of the commencement of this Corporation shall be the date of the filing of certified copy of these Articles Of IncOT pOration in the office of the territorial auditor and of the recorder of Santa Cruz County, and the termination thereof shall be twenty-five years thereafter.
 be conducted by board of Eleven Directors and the following named shall constitute the Board of Directors until their successors are elected Epes Randolph, L. J. F. lager, C. T. Jones, Louis Proto, NJ. B. Ketchum, Anton Proto, W. A. McGovern, F. J. O'Brien, c. A. Schradec, C. T. Roberts. w. G. Bowman. Thereafter the Board of Directors shall be elected from among the stockholders on the first Monday in April of each year. The officers of said Cor pOration until their successors are elected shall be: Epes Randolph, President; L. J. F. lager, First President; NJ. B. Ketchumy Second Vice President; F. J. O'Brien, Secre- tary; Anton Proto, Treasurer
 SIXTH: The highest amount of indebtedness or liability, direct or contingent, to which this Corporation is at any time subject shall be Two Hundred Thousand Dollars, ($200 00O.0O), which amount does not exceed two thirds the amount of capital stock.
 SEVENTH: The private property of the 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 sixteenth day of December, l9J7.
 ANTON PRoTo, [SEALl.
 T.C FG