Bisbee daily review., 1910-08-03
SEAL.
ARTICLES OF INCORPORATION PITTS ROYALTY COMPANY

County Recorder.
 ARTICLES OF INCORPORATION
 PITTS ROYALTY COMPANY
 KNOW ALL MEN BY THESE PRESENTS: That we the under signed John w. Pitts, Leonard E. Montgomery and Jay c. Raub, all residents of the County of Cochise. Territory of Arizona, have associated and co hereby associate ourselves to- gether for the puspose of forming a corporation under the laws of the Territory of ArizOna and fin accord snce herewith do hereby adopt sign and acknowledge the following as the articles of such corporation.
 ARTlcLEi
 The names of the corporators are John W. Pitts Leonard E. Mont gomery and Jay C. Raub; the name of the corporation shall be PITTS ROYALTY COMPANY; and is principal office and place of trans acting business shall 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 in any foreign coun. try as may be des' gnated and es- tablished 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:
 (a) To apply for obtain register purchase lease or otherwise to ac. 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 interest therin used in connection with, or secured under letters patent of the United States, or any foreign coun- | try or otherwise and to use, exer. else develop. grant licenses in re ! spect of pay or collect royalties up on or otherwise turn to account any suca trade marks, trade names pat. ents, inventions, licenses processes and the like or any such property or rights.
 (b) To construct or otherwise ac | quire buildings factories machinery ships boats, cars engines and other equipment, railroads, docks elevators water works, gas works electric works viaducts aqueducts canals l 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 railroads, tramways turnpikes or ca nals, 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.
 Co To engage in any manufac- turing, mining, construction or transportation business of any kind or character whatsoever and to that end to acquire. hold own and dispose of any and all property, assets stocks bonds and rights of any and every kind
 (d) To manufacture, purchase or otherwise acquire mechanical dev.ces and machinery of every kind and character, and goods wares mer- chandise and personal property of every class and description and to hold own mortgage, sell brother 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 or cor poraion, either wholly or partly, and to pay for the same in cash stock or bonds of this corporation or oth- erwise.
 (f) To enter into make perform and carry out contracts of every kind, and for any lawful purpose with any person firm, association or corporation
 (g) To borrow money, and secure the payment of same by the issue of debentures or debenture stock or in such other manner as the corporation shall think fit.
 (h) To draw make accept en- dorse, discount, execute and issue promissory noies bills of exchange warrants bonds debentures. and oth- CT negotiable or transferable instru- ments.
 (D Tc cOadEci business in any of the states territories colonies or dependencies of the United States, in the District of Columbia. and any and all foreign csntries, and to have one or more officers therein. and to hold. purchase, mortgage and convey real and personal property without limit as to the amount therein, but always subject to the laws thereof.
 CD To remunerate any person sor corporation for services rendered or to be rendered, in placing, or as- sisting to place. or guaranteeing the placing of any of the shares of stock of the corporation. or any debentures or other securities of the corpora tion, or in or about the formation or promotion of the corporation, or iE