The copper era and Morenci leader., 1912-03-08
OF INCORPORATION
 OF THE GREENLEE INVESTMENT
 COMPANY

} KNOW ALL MEN BY THESE PRE- SENTS: That we, the undersigned
 G. H. Davidson, w. G. Scott, c. L. Da vidson, J. A. Scott and A. H. David son, residents of the State of Arizona have associated ourselves together for the purpose of forming a Corpora tion under the laws of the State of Arizona, and in accordance herewith execute and adopt the following as the articles of the incorporation of said Corporation
 ARTICLE
 The name of this corporation shall be "Greenlee Improvement Company and it's principal place of business and office shall be in the town of Moren- ci, County of Greenlee, State of Ari- zona, with branch offices elsewhere, either within or without the State of Arizona, as may be designated and hereinafter provided for
 ARTICLE II.
 The general nature of the busi- mess proposed to be transacted, pro- noted and carried on is to do any and all of the things mentioned herein as fully and to the same extent as natur- al persons might do. To undertake and carry on any business transaction or operation commonly undertaken and carried on by capitalists, financier and investors, enter into, carry on, assist, promote or participate in fin ancial, commercial industrial or oth- CT business undertakings and opera tions; to hold in trust, make advan- ces upon, sell or dispose of any of the undertakings or resulting invest ments, aforesaid. To obtain the grant of, purchase or otherwise ac- quire any concession; to build, ac- quire, own lease, and sell houses of perty or real-estate.
 ARTICLE III.
 To make contracts, to purchase, lease, bond, locate or otherwise ac- quire, own, exchange, sell, or other wise dispose of, pledge, mortgage, and deal in any and all kinds of real and personal property, including bonds and shares of the capital stock of it's own and other corporations; to borrow money and execute notes, mortgages, or deeds of trust to secure the same, and to exercise in respect thereof, and of all shares of capital | stock and other securities and obliga- ileges of individual owners, and in general to do all things necessary to the proper conduct of the business of this corporation. ,. N
 ARTICLE ".
 The authorized amount of capital stock of this corporation shall be Fifty thousand (s50,OOOOO) dollars, di- vided into Five Thousand (5,OOO) shares of the par value of Ten ($10.- ]0) Dollars each. A tsuch time as the Board of Directors may by resolution lirect said capital stock shall be paid into this corporation either in cash or oy the sale and transfer to it of real or property for the use and pur- poses of said Corporation, in payment 'or which shares of capital stock of said corporation may be issued, and he capital stock so issued shall there lpon and thereby become and be full y paid and non-assessable, and in the absence of actual fraud in the tran ,action the judgment of the Direc- .ors as to the value of property pur- chased shall be conclusive.
 ARTICLE " The time of the commencement of his Corporation shall be the date of , he filing of certified copy of these |, Articles of Incorporation in the office If the State Auditor, and the termina- ion thereof shall be twenty-five (25) ears thereafter, with the privilege of enewal for like period as provided y law.
 ARTICLE VI. The affairs of this Corporation shall irectors who shall be elected among he stockholders of the corporation t the annual meeting thereof which hall be held at the principal office the Company at Morenci, Greenlee ounty State of Arizona, on the first [onday of January each year. Said directors when so elected shall hold ffice for a period of one CD year, or ntil their successors are elected and 1alified. Said Board of Directors lall have power to establish bylaws nd make all rules and regulations of le affairs of the corporation, not in- 'nsistent with the laws of these Ar