Bisbee daily review., 1910-08-02
ARTICLES OF INCORPORATION PITTS ROYALTY COMPANY

and do hereby associate ourselves t,
 gether for the purpose of forming
 corporation under the laws of tn
 Territory of Arizona and in accort
 snce therewith do hereby adop,
 sign and acknowledge the followin
 as the articles of such corporation. ARTICLE
 The names of the corporators ar
 John W. Pitts Leonard E. Mont
 gomery and Jay c. Raub: the nam
 of the corporation shall be PITTS
 ROYALTY COMPANY: and i
 principal office and place of trans
 acting business shall be in the Cit,
 of Bisbee County of Cochise. Ter
 ritory of Arizona with branch officel
 and places of business at any othe
 place or places in any of the statel
 territories colonies or dependencies of the United States, in the Distric Of Columbia, or in any foreign coun try as may be designated and es- tablished from time to time by the Board of Directors of the company ASANAAatNti DiONtuSu Tor.
 ARTICLE n
 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 nents and processes, or any interest tnerin 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 such trade marks, trade names pat ents, inventions, licenses processes and the like or any such property or rights.
 to) To construct or otherwise ac- luire buildings factories machinery. ships boats, cars engines and other railroads, docks elevators. water works, gas works electric works viaducts aqueducts canals md other water ways, and any other means of transportation and to sell ne same, or otherwise to dispose hereof or fn r,afnt.fr ~-a -.. he same, except that in the case of aiiroads, tramways turnpikes or ca lals, this corporation shall only have 'ower to construct and operate the 'ame from its principal works or 'lace of business to some navigable tream or to some existing railroad turnpike or public highway.
 Ce) To engage in any manufac- uring, mining. construction or business of any kind r character whatsoever and to that nd to acquire, hold own and dispose any and all property, assets stocks onds and rights of any and every ind.
 td) To manufacture, purchase or therwise acquire mechanical devices nd machinery of every kind and haracter, and goods wares mer- handise and personal property of very class and description and to old own mortgage. sell brother -ise dispose of trade deal in and cal with the same.
 (e) To acquire the good will prop r rty, rights franchises and assets every kind and the liabilities of ny person firm, association or cor oration, either wholly or partly, and pay for the same in cash stock bonds of this corporation or oth- wise.
 Q To enter into make perform nd carry out contracts of every nd. and for any lawful purpose ith any person firm, association or  (g) To borrow money, and secure e payment of same by the issue of sbentures or debenture stock or in Ich other manner as the corporation all think fit.
 (h) To draw make accept en- ! 'rse. discount, execute and issue omissoTy notes bills of exchange arrants bonds debentures, and oth-
 negotiable or transferable instru- ents. IT CD Tc cOhaEc' s.ncss in any of e states territories colonies or, 'pendencies' of the United States.
 the District of Columbia, and any Id all foreign csntries, and to have s le or more officers therein. and to ] Id, purchase, mortgage and convey z al and personal property without 2 nit as to the amount therein, but [ ways subject to the laws thereof. O To remunerate any person [
 corporation for services rendered [
 to be rendered, in placing, or as- [ sting to place. or guaranteeing the 2 acing of any of the shares of stock Q
 the corporation, or any debentures s
 other securities of the corpora | 'n, or in or about the formation or q emotion of the corporation, or in D e conduct of it's business. t (k) Subject to the provisions of [ V, to purchase, hold. sell and re- c 'ue the shares of capital stock of Is or any other corporation. ? The foregoing clauses, (a) to (k), I elusive. shall be construed both as q jects and powers. a In general to carry on any other a siness fin connection with the fore s ing, whether manufacturing or S lerwise, and to have and to ex- a ;ise all the powers conferred upon k operation by the laws of the Ter O ory of Arizona. it being hereby s pressly provided that the fore a Ing enumeration of specific powers O