Graham guardian., 1910-02-18
lst publication Jan. h-6t
ARTICLES OF Incorporation
OF THE
Ell Progreso Development
Company

KNOW ALL MEN BY THESE PRESENTS:
That we, the undersigned. have this day as
sociated ourselves for the purpose of formin Y n
corporation under the laws Of Arizona. and or
that purpose do adopt the following Articles OF
Incorporation:
ARTICLE
The names of the incorporatorS are: Chris
tian Kern, Julius Kern both of Port Huron,
Michigan; D los d Jayne. of Wilcox, Ariz M,
and wi lam Aikman, Jr, har'es W Restrck
aud George y. schefer, of the city of Detroit
'ayne ounty. State of Michig n, and the
anne Of this cOrp' ration shall be Ell PRO
GRESo DEVELOPMENT COMPANY.
ARTICLE ii.
rhe principal place of business of this cor
poration in the Territory of Arizona shail be at
vii GOV, Cochise County, Arizona. AID the
Of rizona, shall be at Detroit, Michigan. at
which place all incori orators, st0ckholders'
and rect.rs' meetings may be hed and all
cor pOrate business may be transacted Unless
otherwise hereafter deterlnin d by the stock
holders OF this company acti g under the BY.
laws Of this compa y. the p incipa office sha ]
b in the city of Detroit. Michigan.
ARTICLE III.
. The amount of capita stock of this corpora.
ii n shall be fwo hundred Thousand 500, ,OON
Do lars, divided int shares of the par alue Of
five dol ars $500 each and said pital stock
shall be paid up at the time of issuau ce. OF al
such time as The Board of directors may desig
ate, in money, property. labor, or any other
vauab right OF thing, and in the SERGE OF
actual fraud in the Transaction, the Judgment
of the Busrd Of Directors as to the va ue thereof
snail be conclusive.
ARTICLE "
The neral nature of The business in which
this corporation sha engage is as follows, to.
wit: TO buy. locate, lease. own, deye' op, work
transfer aud sell mines and mining properties;
to buy, own, assign, transfer aud Sc the
bonds, securities and capitsl stock of other cor.
poratiOns; t. carry on the business of miGing
mi ing, SINE ting, refining aud dea ing in ores
and minerals; to buy, erect, operate machinery,
water rights pipe lines, bitches and reservoirs:
10 buy, own, lease, improve I'd sell rea and
personal property and ~ do all other thing
necessary aid incidental to the foregoing mat
ters; engaging in any and al kinds of business
that a natural person may or can.
ARTICLE v.
The affairs of this corporation shall be con-
Quoted by a Board Of ID rectOrs coEsiStirg OF
six (6l members, and the following named per.
sons shall constitute said Board OF Directors
until their successors, duly qualified shall be
william Aikman Jr-, George #. scheffer, Iulius
Kern, DelOs ID. Jayne. Thereafter the Board
of Directors shall be elected by and from the
stockho ders as the Bylaws of this corporation
shall provide
III officers of this corporation, until their
successors shall be elected sha be har'es W.
Restrick, lre,ident; Christian Kern. Vice resi-
dent william Aikman, Jr., Secretary; julius
Kern, Treasurer.
ARTI LEVI.
The highest amount of liAbii ity that this cor.
poration shall subject itself 70 at any one time
shal not exceed One Hundred Thousand
Dollars.
ARTICLE VII.
his corporation Ia formed to endure for
Twenty-Five years after these Artic es are du y
executed, but Its charter rights may be re-
newed before its charter expires) fro'n time to
time for pc i0ds not exceeding Twenty five (25)
years at time perpetuaily.
ARTICLE VIII
The private property of the stockholders
shall be aud is hereby made forever exempt
from all liability fer the debls ur Obligations of
said corporation
In Witness Whereof We the undersigned,
have hereunto set our hands AID seaIs this
seventh day of Decem er, 1909.
CH HISTIAN KERN, (SeaO
JULIUS kEHN (SeaO
DELoS u. JAYNE, (SeaD
..,- CHAs W. REsTRIcy. iseaii
Gf9RGp F. SGaEFFhR, seal
WILLIAM AIKMAN, JK (seall
state of Michigan,) GO
County of Wayne ss'
Before me, Jam S Goodrich a Notary Pub
Tic in and for said County of NaVne tate OF
Michigan. on this day personally appeared
christian Kern. Char es W Restrick Wi lam
Aikmnn. Jr-. George SchoffeF lnliu. X srTts
Deos d Jayne, known TO me to pe INC persons
who subscribed the ioregot Instrument, and
cnted the same for the purposes and consider
atl0ns therein expressed,
Given under my hand and seal OF othce this
Fourteenth day of ecemb II A. d., 1903.
Seal JAMES S. GOOD RICH,
Notary Public, Wayne County, Michigan