The copper era and Morenci leader., 1912-03-22
the articles of the incorporation of said Corporation.


 said Corporation.
 ARTICLE
 The name of this corporation shall be "Greenlee Investment 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 established by the board of directors, 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 | 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 all kinds, or any other personal pro- perty or real-estate.
 ID I
 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 obl1ga- tions and all rights, powers and priv ileges of individual owners, and in general to do all things necessary to the proper conduct of the business of this corporation.
 ARTICLE ".
 The authorized amount of capital stock of this corporation shall be Fifty thousand CS5O,OOO.OO) dollars, di- vided into Five Thousand (5,OOO) shares of the par value of Ten (SlO.- OO) Dollars each. At such time as tine Board of Directors may by resolution direct said capital stock shall be paid into this corporation either in cash or by the sale and transfer to 1t of real or personal property for the use and pur- poses of said Corporation, in payment for which shares of capital stock of , said corporation may be issued, and the capital stock so issued shall there upon and thereby become and be full fly paid and non-assessable, and in the absence of actual fraud in the tran , saction the judgment of the D1rec' tors as to the value of property pur- chased shall be conclusive.
 ARTICLE V.
 The time of the commencement ot : this Corporation shall be the date ot r the filing of a certified copy of these l Articles of Incorporation in the office : of the State Auditor, and the termina - tion thereof shall be twenty-five (23) years thereafter, with the privilege ot - renewal for a like period as provided 3 by law.
 l ARTICLE VI.
 The affairs of this Corporation shall be conducted by a board of five (5) : directors who shall be elected among
 the stockholders of the corporation at the annual meeting thereof whict
 shall be held at the principal office of the Company at Morenci, Greenlee County State of Arizona, on the hrs
 Monday of January each year. Sa1e
 Directors when so elected shall hole .s office for a period of one CD year, ol T until their successors are elected ant z qualified. Said Board of Director: - shall have power to establish by-laW' :, and make all rules and regulations O n the affairs of the corporation, not in z consistent with the laws of these Ar ', ticles of Incorporation. Said Boart : of Directors shall have power to i'll 5 vacancies arising in its memDerShlp Until the first annual meeting of the
 stockholders or until their successor z have been elected and qualified, tn following persons shall constitute thu z Board of Directors of this Corporation f G. H. Davidson, J. A. Scott, C. l.. DaV " idson and w. G. Scott.
 ARTICLE VII.
 l. The officers of the Corporation shal
 be a President, Vice President, Sec