Bisbee daily review., 1910-02-18
.RTlcLEs OF INCORPORATION
OF THE
a5ANK OF LOWELL"
.RTlcLEs


KNOW ALL MEN BY THESE
PRESENTS: That we, the under
signed. have associated. and do here
by associate, ourselves together TO
the purpose OF forming corporation
der the laws of the Territory OF
Arizona. and in accordance therewith
10 hereby adopt. execute and acknoWl-
sdge the following as the Articles oil
UGH corporation.
ARTICLE |. The names of the cor
ro-ators are W. II. Srophy, NJ. j.
Cunningham and L. c. Shattuek;
the name OF the corporation shal' be
-Pank OF Lowell" and its principal
Office and place Of business shall be
al the town of Lowell. Cochise Coun-
81. Arizona. with branch Offices and
places Of business elsewhere, within
n vi bout the Territory of Arizona.
As may be designated and established
by the board OF directors OF the
orporation. hereinafter provided Tor.
ARTICLE .. The general nature OF
the business proposed to be trans
acted by. and the objects and rur-
poses Of the formation OF. said corpor-
alton. are 20 do any and all OF the
things herein mentioned as fully and
I e same extent as natural persons
might or could do the same. and n
apv part of the world; to transact,
promote and carry on a general com
mercial banking business; and TO ex'
rcise. by its Board OF Directors, or
duly authorized officers and agents,
,ubieci TO law. al such incidental
powers as shall be necessary to carry
on said general commercial banking
business.
In furtherance, but not IN limlta-
tion OF, the general powers conferred
by the laws OF the Territory OF A-i-
lona. and the objects and purposes
herein set forth. it is hereby expressly
provided that said corporation shall
also have the following powers;
! tal To receive deposits; to dis
count and negotiate promissory notes,
drafts. bills Of exchange and other
| evidences Of deb; to buy and sell eX-
/ change. coin and bu lion; and TO col
/ iect for others money due them on
7 notes. checks. drafts. bills of exchange
cmmercjal paper or other evidence
o. inde btedness.
% To act as escrow agent
tcb To borrow OF raise money by
the issue Of its notes. debentures, or
crher form OF obligation; and, IL NEG
essary and advisable. to secure the
payment OF the same by the deposi
CT stock. securities. or other personal
property as collateral FOR said pay
rrent: or by executing mortgages.
liens OF other form of security on any
lof the property OF said corporation,
real. personal or mixed.
Id To loan money; and, when deem
mortgage on real property. or deposit
and pledge OF or mortgage on personal
properly, or o her proper security. tST
the repayment o same.
(e) To draw. make. accept. endorse
discount. execute and issue promis-
Isory notes. bills Of exchange. wa--
rants bonds, debentures and Other
Inecotiable or transferable instru-
ments.
tD To enter INFO mako. perform
land carry out contracts OF every kid
and for any law III purpose With any
firm. person. association o. corpora
ton
(g) To purchase. or otherwise ac
quire. and TO hold. own and enjoy
and to mortgage. convey. OF other
wise dispose Of. property Of every
kind character and description. real
personal or mixed.
| OH To purchase or otherwise ae
quire aud deal in and TO hold. sell 81
otherwise dispose OF the shares o.