Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-02-19
.RTlcLes or INCORPORATION
OF THE
@sANK OF LOWELL"

KNOW ALL MEN BY THESE
PRESENTS: That we, the under
signed. have associated, and do here
bv associate, ourselves together 10
the purpose OF forming corporation
Ipder the laws of the Territory OF
Arizona. and in accordance there"lth
10 hereby adopt. execute and ackno"i-
edge the following as the Articles OIL
such corporation.
ARTICLE !. The names Of the ccr-
porators are W. II. Brophy, NJ. j..
Cunningham. ard L. G. Shattuck;
the name OF the corporation shall be
Bank OF Lowell" and its principal
Office and place OF business shall be
II the town OF Lowell, Cochise Coun'
rs. Arizona. with branch Offices aIa
rlaces OF business elsewhere. within
,r wi bout the Territory OF Arizona
as may be designated and established
hv tho board OF directors OF the
,orporation. hereinafter provided Tor
ARTICLE 2. The general nature o.
lie business proposed 10 be trans
acted BY. and the objects and rur-
.oses of the formation OF. said corpor-
ition. arc TO do any and all OF tne
bings herein mentioned as fully and
o tie same extent as natural persons
might OF could do the same, and II
any part OF the world; 10 transact,
.ror1ote and carry on a general com
nercial banking business; and to ex'
rclse. by its Board OF Directors OF
a.lv authorized officers and agents,
.ubject 70 law. al such Incidental
powers as shall be necessary to carry
N said general commercial banking
business.
Ia furtherance. but not in limita-
aca OF. the general powers conferred
.- the laws of the Territory Of All
,cra and the objects and purposes
Hc-rn SET forth. IL is hereby expressly
-oviGed that said corporation shall
iiss have the following powers;
Iaf To receive deposits; TO dis
.uHa. and NEGOTIATE promIssory notes,
rars. bills OF exchange and other
,"ldcrCes Of deb: 10 buy and sell ok
! G, aa-t. coin and on lion; and to col
1~- tor others money due them on
ro.cz. checks. drafts. bills Of exchange
cmwcrcfal paper or other evidence
CO. iad- bteGness.
{ % To act as escrow agent
( tcf 10 borrow o. raise money by
I she iss-e OF its notes. debentures, 81
cthcr form of obligation; aud. II nee
} cssary and advisable. to secure the
payu!eut OF the same by the deposi
tcf stock. securities. or other peTsonal
I pr.pcr-v. as collatera' for said pay
aent: or b. executing mortgages
Ecus or ether form OF security on AM
OF tae property of said corporation
/ rea'. personal CT mixed.
Cd To loan money; and. when deem
led advisable. 70 require and receive
MORTGAGE oa real property. or dep1si
I'D sledge Of or mortgage on persona
Drcper.y. or o her proper security. ~
ne repayment o. same.
(el To draw. make. accept, endorse
discount. execute and issue DTomis
sorry notes. bills OF exchange, wa
sranis. bonds. debentures and othf'
Ineeotiable OF transferable instru
ments.
! 40 TO enter into. mako. perform
and carry ont contracts Of evely kin
end for any lawful purpose with an,
firm. person, association or corpora
ton
(g) To purchase. or otherwise az
quire. and TO hold. own and enjoy
and TO mortgage. convey, or othe'
wise dispose OF. property Of ever
kind. character and description, rea
personal or mixed.
Oh To purchase or otherwise az
CURE and deal in and 10 hold. sell
otherwise dispose of the shares