Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-07-29
ARTICLES OF INCORPORATION OF
PITTS ROYALTY COMPANY

|, PITTS ROYALTY COMPANY
KNOW ALL MEN BY THESE
PRESENTS: That we. the under.
signed. John W. Pitts. Leonard p
montgomery and Jay C. Raub. all
, residents of the County OF Cocbise.
territory Of Arizona, have associated
} ana do hereby associate ourselves to-
gether for the purpose of forming n
corporation under the laws of the
territory OF Arizona, and in accord.
anee Herewith. do hereby adont
sign and acknowledge the following
as the Articles of such corporation;
ARTICLE I.
Inc names Of the corpcrators are
John w. Pitts. Leonard f. Mont
lSomery and Jay C. Raub; the name
OF the corporation shall be PITTS
ROYALTY COMPANY: and its
principal office and place of trans
acting business shah be in the CITY
OF Bisbee, County Of Cochise Ter.
ritory OF Arizona, with branch Offices
and places of business at any other
place or places in any of the states
territories, colonies or dependencies
OF the United States, in the District
OF Columbia, or fin any foreign coun-
try. as may be designated and as.
tabiished from time TO time by the
Board of Directors OF the COMPANY.
hereinafter provided for.
ARTICLE ~.
The general nature of the business
proposed to be transacted by. and
the objects and purposes of the for.
nation Of said corporation. are as
! follows:
ta) To apply for. obtain, register.
purchase. lease. or otherwise Ia &C.
quire and hold. use. own. operate.
Introduce, sell. assign. or otherwise
to dispose Of. any trade marks. trade
names. patents. inventions. improve
ments and processes. or any inter
est therein. used in connection with
OF secured under letters patent of
the United States, or any foreign
country. OF otherwise. and to use.
exercise. develop. grant licenses in
respect Of. pay. or collect royalties
upon or otherwise to turn 20 account.
any such trade marks. trade names.
patents. inventions. licenses. pro- |
cesses and the like, or any such
property or rights.
OBJ To construct. or otherwise ae- |
quire. buildings. factories. machinery. /
ships. boats. engines, cars and other |
equipment railroads, docks. elevators. !
water works. gas works electric /
works. viaducts. aqueducts. canals /
and other water ways, and any other
means Of transportation, and to sell |
the same. or otherwise TO DISPOSE
thereof. or to maintain and operate /
the same, except that in the case of I
railroads. tramways, turnpikes or /
canals. this corporation shall only /
have power to construct and operate /
the same from its principal works or
place OF business TO some navigable |
stream. or to some existing railroad. |
turnpike or public highway.
(c) To engage in any manufac- |
aturing. mining, construction or !
transportation business Of any kind
or character whatsoever, and to that
end, to acquire. hold, own and dis
pose OF any and all property. assets.
stocks. bonds and rights of any and |
every kind
I'D To manufacture. purchase or
otherwise acquire mechanical devices
and machinery of every kind and /
character. and goods, wares. mer-
chandise and personal property of I
every class and description. and to
hold. own. mortgage. sell. or other |
wise dispose of. trade, deal in and |
deal with the same.
(e) To acquire the good will, prop |
erty, rights. franchises and assets |
Of every kind. and the liabilities OF !
any person. firm, association OF cor
poration, either wholly or partly. and |
|, TO pay for the same in cash. stock or |
bonds of this corporation. or other
wise
% To enter into. make, perform |
and carry out contracts Of every
kind. and for any lawful purpose |
with any person, firm. association or
corporation.
81 To borrow money and secure |
the payment of same by the issue
Z OF debentures or debenture stock. or
in such other manner as the cor
poration shall think fit.
(h) To draw. make. accept, en-
dorse. discount. execute and issue .
promissory notes. bills Of exchange,
warrants. bonds. debentures, and 9th
er negotiable or transferable in /
struments.
% To conduct business in any
Of the states, territories. colonies or
dependencies Of the United States,