The copper era and Morenci leader., 1913-07-18

| Commission.
! United States of America,
State of Arizona.
IS.
The Arizona Corporation Commits
sion does hereby certify that the an
nexed is a true and complete trans
cript of the Articles of Incorporation
of State Bank of Metcalf, which
were filed in the office of said Arizona
Corporation Commission on the 4th
day of June, A. D., 1913 at 10 o'clock
a. m, as provided by law.
In Testimony Whereof, The Arizona
Corporation Commission by its Chair
man, has hereunto set it's hand and
affixed it's Official Seal. Done at
the city of Phoenix, the Capitol, this
4th day of June, A. D., 1913.
(SEAL)
ARIZONA CORPORATION COMMITS
| SION.
w. P. GEARY, Chairman.
FRANK De SOURZA, Secretary.
ARTICLES OF INCORPORATION OF
STATE BANK OF METCALF.'
| KNOW ALL MEN BY THESE
PRESENTS: That we, the undersign-
ed, have associated ourselves together
for the purpose of forming banking
corporation under the laws of the State
of Arizona, and for that PURPOSE do
adopt the following articles of incor-
poration.
Article 1. The names of the incor-
porators, their residence and post
office addresses are as follows: e.
M. Williams, Clifton, Arizona; J. J.
Kelly, Clifton Arizona, and w. ].
Riley, Clifton, Arizona.
The name of this corporation is
and shall be and is, State Bank of
Of
transacting the business Of this cor
poration shall be and is the Town of
Metcalf, Greenlee County, State OF
Arizona; provided that branch Of
fees and places may be established
for the transaction of business within
the state of Arizona as the board of
direcors may from time to time di-
rect.
Article 2. The general, nature Of
the business to be transacted and
carried on by this corporation shall
be and is the following: to engage
in a general banking. business, re-
ceiving deposits and paying the same
out upon the order of the depositors;
selling and buying exchange, bor-
rowing and lending money; buying
and selling all kinds of negotiable
paper, such as City, County and State
Warrants and Bonds, and other evil
dences of Municipal debts, gold, sill
yer and copper bullion, notes and
mortgages on real and personal prop
erty, as well as stocks and bonds of
other corporations; to buy, own and
sell real estate and personal property,
and to transact and carry on all bust
ness that is consistent with the bank
ing business, and not in conflict with
the laws of the State of Arizona.
Article g. The authorized capital of
stock of this corporation is Fifteen
Thousand ($15,O 00.0O) Dollars, divid-
ed into one hundred and fifty shares
of the par value of One Hundred
| ($10O.00) Dollars each. Such capital
stock to be fully paid into this cor
poration, either in cash or property
this corporation, Immediately upon
the subscription therefor.
Article A. The affairs of this cor
poration shall be conducted by board
of directors consisting of not less than
seven CD and not more than nine 60
members, who shall be stockholders,
and the following named persons snail
| constitute the board of directors of
this corporation until their successors
are elected and qualified, namely:
P. B. Scotland, Ipolito Cascarilli, E.
A. Spriggs, E. NJ Williams, J. ].
Kelly, w. ]. Riley and c. c. Sellars-
Thereafter the board of directors
shall be elected from among the
stockholders at their annual meeting
on the First day of October of each
and every year The officers of this
corporation shall be president, vice.
president and cashier.
The president and vice-presideut
shall be elected from among the
board of directors, within ten days
from the annual meeting OF the
stockholders of this corporation, and
the cashier shall be selected by the
board of directors at the same time
The following persons shall be and
constitute the officers of this corpora
ton until the first annual meeting
of the stockholders in October, 1913,
namely: P B. Scotland, president;
Ipolito Cascarilli, vice-president and
/ c. c. Sellars, cashier.
The board of directors shall have
the authority to fill any vacancy or
vacancies occurring in their number,
or among the officers of the corpora
ton, and to adopt such bylaws as do
not conflict with these articles and
with the laws of Arizona for the gov
eminent of this corporation.
A majority of their number shall
constitute a quorum, and any meeting
of such board of directors, at which
quorum is present, shall be deemed
legal meeting.
Article 5. The time Tor the COLL
mencement of this corporation shall
| be when this corporation shall have
filed it's articles of incorporation with
the Corporation Commission of the
State of Arizona, and in the office of
the County Recorder of the County
of Greenlee, State of Arizona, and
shall also have appointed an author
lied agent, or agents, in this State
upon whom processes may be served,
81. 4 % q
articles of incorporation at least six
+inoaS in some newSDaDer Dubli shed