Arizona republican., 1909-05-22
ARTICLE OF INCORPORATION

Know All Men By These Presents:
 That we, whose hands are hereto 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 do adopt the following Articles of In- corporation:
 Article l.
 The name of the corporators are J. D. Mitchell, J. F. Hemperly and w. H. Slaughter and the name of the Corpo- ration shall be the Anaconda Mining Company. The principal place in which the business of said Corpora tion within the Territory of Arizona is to be transacted is Phoenix, Mari copa County, Arizona, and the Corpo- ration may establish branch offices either within or without the Territory of Arizona as the Board of Directors may designate, where meeting of stockholders and directors may be held and any and all corporate busi- ness transacted.
 Article 2.
 The general nature of the business proposed to be transacted by the cor POA eiNAOiA To CD AOAACNoS tO-NAN- v make contracts, to purchase, lease bond, option, locate or otherwise ac- quire own exchange, sell or otherwise dispose of, pledge, mortgage, hypOthe- cate. and deal in mines and mining claims and all kinds of ores, metals and minerals, mineral lands, oil and gas lands, water and water rights and all other property both real and per sonal; to work, explore. operate mines and develop the same; to purchase, lease or otherwise acquire, erect, own operate and dispose of, smeiting and lease or otherwise acquire, erect, own, hold, cancel and reissue Its own capi- tai stock and to own shares in the capital stock of other corporations; to borrow and loan money and in general to do all things necessary or convent ent to the proper conduct of the busi- ness of the corporation in any part of the world.
 Article 3.
 The authorized capital of the cOrpO- ration is Five Hundred Thousand (50OO0O) dollars, divided into 500, ,000 shares of the par value of s1.0O each, and the said stock shall be issued full ly paid and non-assessab,e at such times as the board of directors may designate, in cash, reaf or personal property, services, option to purchase, or any other valuabIe right or thing, for the uses and purposes of the cor poration, and all shares of the capital stock when issued in exchange there for shall thereupon and thereby be and become full paid, the same as though paid for in cash, at par, and the directors shall be the sole judges of the value of any property, of any right or thing taken in exchange for capital stock
 Article I.
 The time of the commencement of the corporation shall be the day these articles of incorporation are filed in accordance with law and it shall en- dure for the full term of twenty-five years thereafter with privilege of per Sonal succession as provided by sta tute.
 Article 5. .
 The affairs of the corporation shall be conducted by a board of not less than three or more than nine directors who shall be elected from among and by the stockholders on the first Tues day in May of each year and until the first annual meeting. and until their successors are duly elected and have qualified, the following named persons shall constitute the board of directors: J. D. Mitchell, J. F. Hemperly and w. H. Slaughter.
 Article 6.
 The directors shall have full power to adopt, amend, and rescind bylaws. to fill vacancies occurring in the board from any cause and to appoint from their own number an executive committee with all powers granted the directors of these articles.
 Article '.
 The highest amount of indebtedness which the corporation shall at any time subject itself is Ten Thousand Dollars, which amount does not ex- ceed two thirds the capital stock.
 Article 8.
 The private property of the stock holders of this corporation shall be exempt from corporate debts of any kind, whatsoever.