The border vidette., 1911-11-25
ARTICLES OF INCORPORATION OF ARIZONA SONORA MINES COMPANY 7

KNOW ALL MEN BY THESE PRE- SENTS that we, the undersigned, with the laws of Arizona, do hereby make. publish, and declare our Articles of Incorporation in words Hnd manner following, to-wit,-
 The incorporators are ElRin B.. Holt of Magd alena, Sonora. Mexico, and LawtOn B. Garside. of New York, New York.
 1.-The name of the corporation shall be "ARIZONA SONORA MINES COMPANY"
 III-The principal place of transact ing the business of the corporation in poration shall keep principal office and place of business at New York, New York. e1t
 W-rhe business of the corporation, in its general nature, shall be mining. which shall include the acquisition, development, operation. and sale, in any manner whatsoever, of mines and mining prospects of any kind; the ac- quisltion and the snle, in any manner whatsoever. of the stocks and securi ties of other corporations; the lending of money and credit to other corpora lions; the guaranteeing of the bonds of other corporations; and the doing of any and all things and transaction of any and all business not of mining nature but which, in the discretion of the corporation. may be deemed ne cessary or desirable in the furthering of the objects of the corporation.
 V-The amount of the capital stock of the corporation shall be Two Million Dollars, divided into two hundred thousand shares having par value of Ten Dollars each; and tue said two hundred thousand shares shall be further divided into fifty thousand Preferred and one hundr red and fifty thousand Common shares.
 W-The Preferred shares of the cor poration shall be preferred as to prin cipal and shall be entitled to a cumul- ative preferential dividend of six per nually the fifteenth Of January and fifteenth of July of each year. and shall, furthermore, be entitled to par ticipate equally with tho Common shares in all other dividends. And, for the purpose Of assuring the per manency of the preferential divid ends. dividend paying sacuritIes of mining companies approved by the board of directors Of the corporation, purchased and owned by the corporation or to be purchased and owned by the corpora tion, shall. from time to time, as may become necessary. be segregated from the other holdings of the corporation and transferred to an independent trust fund which shall, however, be admtnis- tered by the president and the secre- tary and treasurer or the corporation, as trustees. or by such other trustees as the board of directors may design ate, under the supervision and control of said board of directors. The aggre- gate securities titus segregated shall net in dividends at least eight per centum per annum upon the par amount of the Preferred shares issued. and surplusage of income after payment of the preferential dividends shall, from time to time, be re-invested by said trustees and shall go to increase said trust fund. Under the direction and approval of the board of directors or the executive committee, the trus- tees may, also, from time to time. sell securities in said fund and re-inyest the proceeds for the benefit of the fund, in other dividend paying mining securi- ties. Having once transferred to such fund the securities necessary hereunder to assure the preferential dividends. the corporation shall not be obligated to make further transfer on account of the same shares, and transfer to said fund on account of any lot or shares shall be computed and fixed with respect to that lot Of shares only and without regard to whether the income Of sucn fund 8s previously ex- isting shall have diminished or increas- ed and such tot of shares shall partici- pate in the trust fund on q common and equal basis with the shares previously issued.