Bisbee daily review., 1909-08-15
ARTICLES OF INCORPORATION.

County Recorder. ARTICLES OF INCORPORATION.
 KNOW ALL MEN BY THESE PRESENTS, That we. the undersigned, have this day associated ourselves to- eether for the purpose of forming a corporation under and pursuant to the laws of the Territory of Arizona, and for that purpose do hereby adopt Arti- cles of Incorporation as follows:
 ARTICLE |.
 The name of the corporation shall be Grimm and Arizona Mining compa- ny.
 ARTICLE n.
 The principal place within the Ter ritory of Arizona in which the business Of said corporation is to be transacted is Bisbee, Cochise County, Arizona, and the corporation may establish branch offices either within or without the Territory of Arizona, where meet ings of the stockholders and directors may be held.
 ARTICLE III.
 The general nature Of the business to be transacted is to make contracts; to purchase. lease, option, or other wise acquire, own, exchange, sell, or otherwise dispose Of, pledge, mort gage, hypothecate and deal in mines, mining claims, mineral lands, coal lands, oil lands, timber lands, real es- tate, water and water rights, and to work. explore, operate and develop the same, and to extract any and all min erals, oils and gas therefrom and deal In the products and by products there oi: to purchase, lease, or otherwise acquire, erect, own, operate, or sell smelling and ore reduction works, oil refineries, saw mills and power plants; to do a general real estate, manufac- turing and mercantile business: to own handle and control letters patent and inventions and shares of its own capital stock and that of other corpora lions, and to vote any stock owned by 1t the same as natural person might do; to issue bonds, notes. debentures, and other evidences or indebtedness and to secure the payment of the same by mortgage, deed of trust. or other wise; to act as agent, trustee, broker, or in any other fiduciary capacity, and 10 borrow and loan money; and in gen eIal 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 cor pOration.
 ARTICLE ".
 The authorized amount of capital stock of this Corporation shall he s600000 dollars divided into 600,000 shares of the par value of one dollar each. At such times as the Board of Directors may by resolution direct, said capital stock shall be paid into this corporation, either in cash or by the sale andltransfer to it of real or personal property, contracts. services, or any other valuable right or thing for the uses and purposes of said cor poration, 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 the absence of act ual fraud in the transaction of the judgment of the directors as to the value Of the property purchased shall be conclusive.
 ARTICLE V.
 The time of the commencement of this corporation shall be the date of the filing of a certified copy of these Articles of Incorporation in the office of the Auditor, and the termination thereof shall be twenty-five years thereafter, with the privilege of renew. al as provided by law.
 ARTICLE VI. The affairs of this corporation shall be conducted by Board of Directors, and the following named shali consti- tute the Board of Directors until their successors are elected: 4. Grimm, Roman Arnijo, John W. Hogan.
 Thereafter the Board of Directors shall be elected from among the stock holders at the annual stockholders meeting to be held on the Ith day of April of each year.
 ARTICLE VII.
 The Directors shall have power to adopt and amend bylaws. for the gov ernment of the corporation, to fill va cancies occurring in the Board from any cause, and to appoint an executive committee and vest said committee with all of the powers granted the di- rectors by these Articles
 ARTICLE VIII.
 The highest amount of indebted Territory of Arizona. County of Co chise. ss.
 I, c. A. Mcdonald, County Record CT in and for the County of Cochise. ness, direct or contingent, to which the corporation shall be subject at any one time shall be (s4o0,o00) four hundred thousand dollars.
 ARTICLE TX. The private property of the stock holders and officers of the corporation shall be exempt from all corporate debts Of any kind whatsoever. IN WITNESS WHEREOF, We have hereunto set our bands and seals this e2nd day of June. 1909.
 A. GRIMM. (Seal) ROMAN ARNfIJo. (Seal)
 JOHN W. HOGAN. tSeal.) Territory of Arizona, County of Co chise, ss. Before me. w D. Kinsey Ca Notary Public in and for said County and Siate). on this day personally appear ed A. Grimm. Roman Armijo and John ". Hogan. to me known to be the per. sons who subscribed to the foregoing instrument, and acknowledged to me that they executed the same for the ; purposes and consideration therein ex- pressed Given under my hand and seal of of l flee. this 22nd day of June, A. D.. 1909. My commission will expire on the 4th day of September. 1911.
 w. D. KINsEY,
 Notary Public. ] Territory ct Arizona, County of Co ]