The copper era., 1909-04-29
ARTICLES OF INCORPORATION
 OF THE CLIFTON ARMORY COMPANY.

Know All Men by These Presents: That we whose hands are hereunto affixed, do hereby associate ourselves together for the purpose of forming a corporation under the laws of the Territory of Arizona, and to that end make the following statement
 First. The names of the incorporators are Paul Reisinger, Thomas B. Inglis, Basil R; Lanneau, Harley c. True and Peter Riley, and the name of the corporation shall be the Clifton Armory Company, and the principal place within the Territory of Arizona, in which the business of said corporation is to be transacted, is Clifton, Graham County, Arizona.
 Second. The general nature of the business proposed to be transacted by this corporation, is as follows to-wit: To make contracts, to pur- chase, to take on lease, or otherwise acquire lands. and to erect on such lands an armory, and any other necessary buildings fer the ac- eommodation of any regularly organized zona, paying therefor fair and reasonable hire or rent; to fit up and furnish the same with their usual and necessary adjuncts; to per init the same or any part thereof to be used on such terms as the company shall see fit, for d ny purpose public or private, and in particular for public meetings exhibitions, concerts, lectures, and moral entertainments; to borrow money, to make and issue prOmiSsOry notes, bonds, mort gnges and obligations and evidences of in- debtedness of all kinds, whether secured by mortgage pledge otherwise, not to exceed the sum of Six Thousand Dollars, and to secure the same by mortgage, pledge or otherwise.
 Third. The authorized amount of capital stock of this corporation shall be Twelve Thousand Dollars. divided into Twelve Ihous- and Shares of the par value of One Dollar 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 or personal property for the uses aud purposes or said corporation, in payment for which shares of the capital stock of said corporation may be issued, and the capital stock so issued shall thereupon and thereby become and be fully paid up and non-assessable, and in absence of actual fraud in the transaction the Judgment Of the Directors as to 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 Incor- poration according to laA, the termination Fifth. The affairs of this corporation shall be conducted by Board of five Directors, and the following named shall constitute the BCard of Directors until their successors are elected: Paul Reisinger, Thomas B. IngHS, Basil R. Lanneau. Harley c. True and Peter Riley. elected from among the stockholders on the first Monday in May of each year. The officers of said corporation. until their successors are elected, shall be: Paul Reisinger, Presid ent Thomas B. Inslis, Vice-President; Basil R. Lanneau, Secretary and Treasurer.
 Sixth The highest amount of indebtedness or liability direct or contingent to which this corporation is at any time subject, shall be Six Thousand Dollars, which amount does not ex ceed two thirds the amount of the capita stock.
 Seventh. The private property of the stock holders of this corporation shall be exemp from corporate debts of any kind whatsoever. In witness whereto we have hereunto set ou1 hands and seals this 17th day of March, ill th year of our Lord, l909
 PAUL PASSENGER
 THOMAS B. INGLIS
 BASIL R. LANNEAU
 HARLEY c. TRUE PETER RILEY