The copper era., 1910-07-22
ARTICLES OF INCORPORATION
OF THE
CLIFTON SONORA MINING CON-
PANY.

known All Men BY These Presents, that we;
P B Scotland, A. T. Thomson, J. o. Baylor, J.
G. Cooper. NJ. o. Simms, have this day asso-
ciated ourselves together for the purpose of
forming a Corporation under the laws of the
Territory of Arizona. and we do hereby certify
and adopt the following Articles of Incorpor-
alton.
L The name of this Corporation shall be the
Clifton onara Mining Company and the
principal place for the transaction of the bust
ness of said Corporation shall be at Clifton,
Graham County, Territory of Arizona, and he
Corporation may establish branch offices either
within or 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.
III. The authorized amount of Capital
Stock of this Corporation shall be Five
Hundred Thousand Dollars (s5OO. 100000 divided
into One Hundred Thousand Shares of the par
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
| 49, 81
erty for the uses and 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 thereupon
and thereby become and be fully paid up and
non-assessable and in the absence of actual
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 this
Corporation shall be the date of the filing of
these articles for record in the Office of the Re-
cordcr of the County of Graham. Territory of
Arizona, and the termination thereof shall be
twenty five years thereafter, unless renewed
pursuant to the laws of the Territory of Ari
iona.
V. The affairs of this Corporation shall be
conducted by Board of Five (5) Directors, all
the members of which shall be stockholders OF
Annual Meeting of the Stockholders on the
first Wednesday of May in each year; and the
said Board of Directors shall elect from their
own number the following officers, to-wit
President, Vice-President, Secretary and Treas
| urer
The Board of Directors shall adopt bylaws
| which seall define the duties of such officers
the time of their election the time of meeting
of such board and such; other matters as the
Board of Directors may deem proper. The
members of the Board of Directors for the cur
rent year and until their successors are
elected and qualified are: P. B. Scotland, A. T
Thomson, J. o. Baylor. j. G. Cooper, NJ, o.
Simms
vi. The highest amount of Indebtedness OF
liability, direct or contingent, to which this
Corporation may at any time subject itself shall
in case exceed Two Hundred and Fifty
Thousand Dollars $3.50, OOO), which amount
does not exceed two-thirds the amount of the
capital stock.
VII. The private property of stockholders
shall be exempt from all corporate debts and
liabilities.
VIII. These Articles of Incorporation may
be amended at any Annual Meeting of the
Stockholders, or at a special meeting called fol
that purpose, by a vote of two-thirds of the
stock of the Corporation then issued in favor Of
such Amendment
In Witness Whereof we have hereunto SCI
our hands and seals, this 18th day of June, A
D. 1910.
P. B. SCOTLAND (SedD
At. THOMSON (SeaD
]. o. BAYLOR (SeaD