The oasis., 1908-07-11
ARTICLES OF ACCOMMODATIONS
 --OF THE SONORA METAL PRODUCING COMPANY

A '.
 KNOW ALL MEN BY THESE PRESENTS That vo the undersigned do hereby associate ourselves together for the purpose of forming a cOrnors ton under the laws of the Territory of ArilonS and to that end do certify and declare:
 ARTICLE l. The names of the eorporators era Allen T. Bird and Dane D. Bird, and the mama of the Corporation shall be
 SONORA METAL PRODUCING COMPANY The prinei pal place of business and the regis tered office of the Corporation in Arizona shall be at Nogales Arizona, and the Corporation may have such other offices either within or without the Territory of Arizona as may be 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 busi. ness proposed to be transacted by this Corpora. tiOn is as follows, tC-wit: To make contracts to purchase, lease, option, locate, or otherwise acquire, own, exchange, sell or otherwise dis. pose oi pledge, mortgage, hypothecate and deal In mines, mining claims, mineral lands coal lands oil lands, timber lands, real estate water and water rguts, and to work explore operate and develop the same, and Co extract any and all minerals oils and gas therefrOm and deal i'll the products and by-prOducts thereof; to purchase. lease, or otherwise Ac. qure, erect, own, operate or sell smelling and O. c reduction works, oil refineries, saw mills and power plants; Co do general real estate manufacturing and mercantile business; to own, handle and control letters patent and in- ventions ana shares of it's own capital stock and that of other corporations, and to vote any stock owned by it the same as q natural person might do; to issue bonds. notes, debentures and other evidences Ot indebtedness and secure payment of the same by mortgage deed of trust or otherwise to act as agent, trustee broker. or in any other fiduciaiy capacity and to borrow and loan money to cultivate, irri- gate and farm araOle land and market the 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 the Board of Directors may deem to the advantage of the Corporation.
 ARTICLE III. The authorized amount of cap ital stock Of this Corporation shall be Two Hundred Thousand Dollars (S200,0OO), divided
 into Two Hundred Thousand (200000) Shares of the par value of One Dollar (Sl 0O) each. At such time as the Board Oi Directors may by resolution direct, said capital stock shall be paid into this Corporation either in cash, services, or by the sale and transfer Co 1t of real or personal property for the uses and pur- poses of said Corporation, in payment ot which shares of the capital stock of said Cor poration may be issued, and the capital stock so issued shall theTeupon and thereDy 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 of the property purchased shall be cone lusiYe.
 ARTICLE ". The time of the commencement of this Corporation shall be the date of filing
 
 Santa Cruz County, and certified copy of the same in the office of the Territorial Auditor, and the termination thereof shall be twenty five years thereafter.
 ARTICLE V. The affairs of this Corporation shall be conducted by Board of Three Direc tors, and the following named shall constitute the Board of Directors until their successors are elected: 4, G. Waters, Lawrence BallOu, G. 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 shall be: A. C. Waters, President; G. NJ. Fletcher, Vice President; Lawrence Ballou, Secretary; A. C. WateTS' Treasurer.
 ARTICLE VI. The highest amount of indebt edness or liability, direct or contingent, 10 which this corporation is at any time subject shall be One Hundred Thousand Dollars ($l00,000), which does not exceed two-thlrdS the amount of the capital stock.
 ARTICLE VII. The private property oi the stockholders of this Corporation shall Ds exempt from it's corporate debts of any klnu whatsoever.
 IN WITNESS WHEREOF, we have hereunto seI our hands and Seals this 25th day oi Junep 1908. ALLEN T. BIRD, lSEAL,l DANE D. BIRD, [SEALl