Daily Arizona silver belt., 1909-01-22
LEGAL ADVERTISEMENTS
ARTICLES OF INCORPORATION
 OF LYONS CANYON DEVELOPMENT COMPANY

Know All Men by These Presents, That we, the undersigned, being desir- ous of incorporating ourselves under the laws of the Territory of Arizona, do hereby adopt the following Articles of Incorporation, to-wit:
 ARTICLE I.
 The names of the corporators are Patrick Rose, A. G. Smith, J. c. Obert and B. J. Barron. The name of the cer- poration is and shall be LYONS CAN TON DEVELOPMENT COMPANY, and the principal place of transacting the bushes of the Company shall be at Globe, Gila County, Arizona Territory.
 ARTICLE IT.
 The general nature of the business proposed to be transacted by this cor poration shall be to acquire by location, purchase, lease or otherwise, and to hold, own and maintain mines, mining locations, mill-sites, townsites, and any and all other real estate whatsoever, and to engage in the development and exploitation of mines; to acquire, con struct and maintain reduction and smelling plants and mine equipment; to acquire, own and maintain roadways, tramways, and railroad, telegraph and telephone lines and rights of way there for; to acquire and maintain offices, shops, stores, and to acquire, hold and deal in stocks and securities of all classes whatsoever; to acquire and maintain water rights and electric pow CT, development and distribution plants and equipment, and to sell, lease, mort gage or otherwise dispose of all or any of it's property at any time for proper consideration.
 ARTICLE III.
 The amount of capital stock author. ized is One Hundred and Fifty Thous. and ($l50, ,000.00) Dollars, divided into l50,000 shares of the par value of One ($i.00) Dollar per share, and the same may be issued for money, property, or services, upon such terms and conditions as may be provided for by the By Laws or the Board of Directors.
 AhTlCLE lf.
 The time of commencement of the corporation shall be upon the filing of it's Articles of Incorporation, and it shall not terminate earlier than twenty five (25) years thereafter.
 ARTICLE V.
 The affairs of the corporation are to be conducted by a Board of five Direc- tors, who shall be stockholders of the Company, and who shall be elected at the annual meeting of the stockholders of the Company, and shall hold office for one year and until their successors are duly qualified; and such other and additional officers, whose term of office and duties and manner of election shall be provided for in the Bylaws. That until their successors are duly elected and qualified, the following named stockholders shall constitute the Board of Directors of the Company as fol lows, to-wit: Patrick Rose, A. C.. Smith, J. c. Obert, B. J. Barron and Geo. K. Hill.
 hhiltbE fI.
 The highest amount of the corporate indebtedness or liability to which the corporation is at any time to subject itself is hereby fixed at the sum of Fifty Thousand Dollars.
 ARTICLE VII.
 The private property of the stock holders is hereby declared to be forever exempt from liability for the corporate debts.
 IN WITNESS WHEREOF the said parties have hereunto set their hands this 10th day of January, A. D. 1909.
 PATRICK ROSE,
 A. G. SMITH,
 JNO. c. OBERT,
 B. J. BARRON.