The copper era and Morenci leader., 1912-05-03
ARTICLES OF INSTRUMENTATION

BE TT KNOWN, That we, Daniel M
 Lynch, Richard T. O'Donnel1 and Al bert G. Shaw, do hereby associate our
 selves together and form a corpora
 tion under Chapter II of Title XIII Revised Statutes of Arizona, 1901, and
 acts amendatory thereto, and adopt
 the following Articles of incorporation | ARTICLE I.-The name of the Cor
 poration is ARIZONA-CELTIC COP
 PER Company and it's principal place of transacting business in Arizona is Clifton. Offices may be established, business transacted and meetings of l stockholders and directors held at such places within or outside of Ari- zona as the Bylaws of the Company shall provide
 ARTICLE 1.-The general nature Of the business proposed to be tran sacted is to make contracts; to pur- chase, lease, option, locate or other wise acquire, own, exchange, sell, or otherwise dispose of, pledge mortgage hypothecate and deal in mines, mining claims, mineral lands, coal lands, oil lands, timber lands, water and water rights and other property, both real and personal, and to work, explore, op- crate and develop the same, and to deal in the products and by-products thereof; to purchase, lease or other wise acquire, erect, own, operate and
 
 works, oil refineries, saw mills, power plants, railroads and tramways to lead from the company's principal works, and steam, electric and motor rail- roads to serve as common carriers and otherwise outside the territory of Ari- zona; to do a general manufacturing and mercantile business to own, han dle and control letters patent and in- ventiOns, to own, cancel and reissue shares of it's own capital stock and to own and votes hares of other corpora t1ons; to issue bonds, notes, and oth- CT evidences of indebtedness and to secure the payment of the same by mortgage, deed of trust, or otherwise; to act as agent, trustee, broker, or in any other fiduciary capacity, and to borrow and loan money; and in gener- al to do and perform such acts and things and transact such business, not inconsistent with law, in any part of the world, as the Board of Directors may deem to the advantage of the cor poration.
 ARTICLE III.-The amount of the authorized Capital Stock of the Cor poration is Three Million Dollars, di- vided into Six hundred thousand shares of the par value or five dollars, each, which shall be paid in at such time as the Board of Directors may designate. in cash, real or personal property, services, lease, option to pur- | chase, or any other valuable right or | thing, for the uses and purposes of the | corporation, and all shares of capital | Stock, when issued in exchange there for, shall thereupon and thereby be- come and be full-paid the same as though paid for in cash, at par, and shall be non-assessable forever, and the judgment of the Directors as to the value of any property, right or thing acquired in exchange for Capi- tai Stock shall be conclusive.
 ARTICLE IV-The time of the con- of the corporation shall be the day these Articles are filed in ac- cordance with law, and the termina- tfon thereof shall be twenty-five years thereafter, with privilege of renewal and right of perpetual succession as now provided by law.
 ARTICLE V-The affairs of this corporation shall be conducted by a Board of not less than three nor more than fifteen Directors, by whom a President and Vice-PreSident shall be { elected and a Secretary and Treasur- sr appointed. The Directors shall be elected by and from the Stockholders ( 1n the first Monday in March of each year. Until their successors are cleo l ed and qualified, the following named persons shall be the Directors: Daniel VI. Lynch, Richard T. O'DonnelI, Ar 3