Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-02-20
.RTIcLEs OF INCORPORATION
OF THE
asANK OF LOWELL"

KNOW ALL MEN BY THESE
PRESENTS. That we, the under
signed. have associated, and do here
by associate. ourselves together 70
the purpose OF forming corporation
under the laws of the Territory OF
Arizona. and in accordance Herewith
10 hereby adopt. execute and acknowl-
edge the following as the Articles OF
such corporation.
ARTICLE l. The rames of the cur
porators are W. II. Brophy. NJ. j.
Cunningham and L. c. Shattuck;
the name Of the corporation shall bc
Bank Of Lowell" and its principal
Office and place of business shall be
II The town OF Lowell. Cochise Coun-
e. Arizona. with branch Offices and
places OF business elsewhere, within
II without the Territory of Arizona.
ss may be designated and established
BY the board OF directors of the
corporation. hereinafter provided foF.
ARTICLE 2. The general nature oil
The business proposed to be trans
acted by. and the objects and rur-
oses OF the formation OF. said corpor-
ltiou. are to do any and all OF me
hlngs herein mentioned as fully and
n TIE same extent as natural persons
might or could do the same, and u
any part of the world; to transact
remote and carry on a general com
nerciaI banking business; and TO ex
rcise. by its Board Of Directors, OF
duly authorized officers and agents,
subject 10 law. all such incidental
overs as shall be necessary to carry
said general commercial banking
usinels.
In furfheTance. but not in limita'
on OF. the general powers conferred
the laws Of the Territory OF All
oua. and the objects and purposes
e-el7 SCI, forth. IL is hereby express y
DIVIDED that said corporation shall
Geo have the following powers;
lal To receive deposits; to dis
.uur. aud negotiate prom!ssory notes
RATS. bills Of exchange and othei
/ viIouccs OF deb. 20 buy and sell eX
/ p ange coin and DO lion; and 20 col
] act Tor others money due them o.
notes. checks. drafts. bills Of exchange
/ commercial paper or other evidence
or ind bteduess.
@ To act as escrow agent.
(c) To borrow or raise money b!
the Issue Of its notes. debentures, o
other form Of obligation; and, If nee
lessary and advisable. 10 secure tn
/ payment Of the same by the deposi
| Of stock, securities. or other persona
property. as collateral for said pa,
ment: or by executing mortgages
liens or other form Of security on an
OF the property of said corporation
-ea personal or mixed
co To loan money: and, when desil
ID advisable. 20 require and receive
mortgage on real property. or depps
! md pledge OF or mortgage on person;
property, or O, her proper security. 4
he repayment 0 same.
(e) To draw. make. accept. endors
discount. execute and issue pTomi
sorry notes. bills Of exchange. wa
ranis. bonds. dcbentures and oths
negotiable or transferable instr
/ menrs.
90 To eater into make. perforl
, and carry ont contracts Of every kiI
! and for any lawful purpose with az
. firm. person. association or corpor
, ton.
~ To purchase. OF otherwise a
Iuire. and TO hold, own and enio.
snd TO mortgage. convey, or othf
E wise dispose Of. property OF eve
l. kind. character and description. ne
; personal OF mixed.
e Oh To purchase or otherwise a
2 ,uire aad deal in and 70 hold. sell
otherwise dispose OF The shares