The copper era. (Clifton, Graham County, Ariz.) 1899-1911, 1910-07-15
ARTICLES OF INCORPORATION
OF THE
CLIFTON-SONORA MINING COM
PANY.

Known All Men BY These Presents, that we,
P. B. Scotland, A. T. Thomson, J. o. Baylor, J.
@. Cooper, NJ. o. Simms, have this day assoc
ciated ourselves together for the purpose Of
forming Corporation Under the laws of the
Territory of Arizona. and we. do hereby certify
and adopt the following Articles of tncorpor-
alton.
l. The name of this Corporation shall be the
"Clifton-sonara Mining Company" and the
principal place for the transaction of the bust
hess of said Corporation shall be at Clifton
Graham County, Territory of Arizona, and he
Corporation may establish branch offices either
within without the Territory of Arizona
where meetings of the Board of Directors may
be held.
| II. The general nature of the business pro-
posed to be transacted is to acquire possession
of, and titles to mines, smelters and mining
property of every description in the United
States of America or in the United States of
Mexico; to acquire shares or stock in Corpor-
atoms organized or formed in and under the
laws of the United States of America or Mexico;
the purchase of ores, metals and minerals, to
acquire, sell and deal in personal property and
merchandise of every description; to build.
construct and operate tramways and railroads;
to own, purchase and sell real estate of all
kinds; and, generally to do and perform any
and all acts necessary or incidental TO its bust
ness aforesaid.
I'LL The authorized amount of Capital
Stock of this Corporation shall be Five
Hundred Thousand Dollars (S5OO. 900. OO) divided
into One Hundred Thousand Shares of the pal
value of Five Dollars (S5. OO) 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
sale and transfer to it of zeal or personal prop
erty for the uses aud purposes of said Corpor
alton, in payment for which shares of the CAPT
tai Stock of said Corporation may be issued
and the Capital Stock so issued shall thereupOI
and thereby become and be fully paid up anC
worcestershire, and in the absence of aetua
fraud in the transaction the judgment of the
Directors as to the value of the property pur
chased shall be conclusive.
". The time of the commencement of thii
Corporation shall be the date of the filing o
these articles for record in the Office of the Re
t cordcr of the County of Graham. Territory o
Arizona, and the termination thereof shall b,
twenty five years thereafter unless renewed
pursuant to the laws of the Territory of Ari
= iona.
V. The affairs of this Corporation shall b.
! conducted by a Board of Five (5) Directors, al
the members of which shall be stockholders o
this Corporation, and shall be elected at tn
Annual Meeting of the Stockholders on tn
first Wednesday of May in each year; and tn
said Board of Directors shall elect from thei
own number the following officers, to-wit
President, ice-Presdent, Secretary and Treas
r urer.
. The Board of Directors shall adopt bylaw
\ which seall define the duties of such officers
the time of their election, the time of meetn
of such board and such, other matters as tn
5 Board of Directors may deem proper. Tn
members of the Board of Directors for the cul
rent year and until their successors ar
elected and qualified are: P. B. Scotland, A. I
Thomson, ]. o. Baylor, ]. G. Cooper. NJ. o
: Simms.
VI. The highest amount of Indebtedness o
liability, direct or contingent, to which thi
Corporation may at any time subject itself shal
Z in no case exceed Two Hundred and FIT
. Thousand Dollars (S25OOOO), which amour
does not exceed two-thirds the amount of tn
. capital stock.
: VII. The private property of stakeholder
: shall be exempt from all corporate debts an
liabilities.
VIII. These Articlts of Incorporation ma
be amended at any Annual Meeting of tn
Stockholders, or at a special meeting called 70
that purpose, by vote of two-thir6s of tn
stock of the Corporation then issued in favor G
such Amendment.
} In Witness Whereof we have hereunto sc
, , our hands and seals, this 18th day of June, A
D. 1910.
P B, SCOTLAND (SeaD