The copper era., 1908-05-07
OF INCORPORATION
 OF THE BANK OF DUNCAN"

KNOW ALL MEN BY THESE PRESENTS:
 That we the undersigned, have associated ourselves together for the purpose of forming a 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 H. Evans, F. Billingsey, L. B. Stephens, E W. Taylor. W. Willis, 4. E. Hobbs, W. E. Cureton. J. H. McCleskey, J. A. Martin, Johu Evans. John R Hampton. E. M. Williams, W. J. Riley, H. NJ. Watson aud J. J. Kelley.
 Article II. The principal place for the trans acting of the business of this corporation shall be al Duncan, in the County of Graham. Ter ritOry of Arizona; but the Board of Directors of this Corporation may establish branch places for the transacting Of business of this corporation.
 Article III The name of this Corporation shall be "The Bank of Duncan"
 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 g business, receiving de- posits and paying the same out upon the order of the depOsitors; selling and buying exchange, borrowing and lending money; buying and 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 end Mort gages on Real and Personal property. well as stocks and Bonds of other Corporations; to buy. own and 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 V. The authorized capital stock of this Cor poration is Fifteen Thousand (sl5,OOO Dollars. divided into One Hundred and Fifty shares of the par value of One Hundred (s1OO) Dollars each. Such capital stock to be fully paid into this Corporation. either ill cash or property suitable for the uses and purposes of this Corporation. immediately upon the sub scIiption therefor.
 Article VT. The affairs of this Corporation shall be conducted by Board of not less than five nor more than fifteen directors. who shall ne stockholders, and the following named per sons shall constitute ihe Board of Directors of this corporation until their successors are elected and qualified. viz: H. c. Day. James V. Parks. W. D. MrKeehan. B. F. Billingsley, E. w..Taylor A. E. Hobbs, J. A. Martin, W. J. Riley aud H. NJ. Watson
 Thereafter the Board of Directors shall be elected from among the stockholders on the SeCouu hbnufy UT JhillidEH oi edcH duu every year. The officers of this Corporation shall be President One or more Presidents and d 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; aud II. NJ. Wat son. cashier.
 The Board of Directors shall have the author ity to fiji any vacancy vacancies occurring in their number. or among the officers of the Corporation A majority of their number shall constitute quorum, and any meeting of such Board of Directors, at which quorum is pres. ent. shall he deemed legal meeting.
 ArIcle VII. The tune of the commencement of th S Corporation -h III be the datc of the filing of d JIt fis.'i copy of these Articles of 1T he Territory of Arizona and the termination Sh tll be Twenty five years thereafter, unless furihe exten led nrcnrding tn law. Article VIII. The highest amount of in. debIedneSs or linhiiity direct nr contingent to hit h this CurpOraiIun shall ai any time subject of it's ca pitnl Stock.
 Article TX. The priva'e property of the StOckhOldrr of this Corporation shall be eX- empt from a II it's curpnrate debts.
 our hands and seals this The l5tH day of April 4 D.