Bisbee daily review., 1913-07-18
OWEN F. MURPHY, COUNTY RECORDER. STATE OF ARIZONA
ARTICLES OF INCORPORATION
 OF PATAGONIA MINES AND DEVELOP MERIT COM 7ANY

MERIT oM7ANY
 KNOW ALL MEN BY THESE PRESERVES: That we. whose hands are hereunto affixed. do hereby asso- ciate ourselves together for the pur- pose of forming a corporation under the laws of the State of Arizona, and that to that end make the following statement
 FIRST
 The names of the corporators are: Thomas Ewing. and A. N. Ewing whose residences and PostOmee ad- resses are Patagonia, Arizona, and D. w. R. Davis, whose residence and Post Qfice address is Bisbee, Arizona, and the name of the Corporation shall be PATAGONIA MINES AND DEVEL- OPMENT COMPANY.
 The principal place within the State of Arizona in which the business of said Corporation is to be transacted is Patagonia, County of Santa Cruz State Of Arizona, and the Corporation may establish branch offices either within or without the State Of Arizona. or in foreign countries. where meetings of Stockholders and
 
 the Board of Directors may be held
 SECOND
 The general nature of the business proposed to be uansacJed by this Col. pcration. is as follows, to-wit:
 To make contracts, to purchase, lease. bond. locate or otherwise ac- quire, own, exchange. sell or other wise dispose of, pledge, mort gage, hy- pothecate and deal in real estate and any and all kinds of personal proper tv, mines. mining claims, oil lands, coal lands, mineral lands, water rights and machinery, and to work, mine. eX plCre. operate and develop the same and in general to do all things neces- sary to the proper conduct of the business of this Corporation in the State and elsewhere, not inconsistent with the laws of the United States aus the State of Arizona.
 THIRD
 The authorized amount of capita 1 stock of this Corporation shall be One Million (s1. .0OO, ,O00.0O) Dollars, di- vided in one million shares of the par value of One (s100) Dollar each | At such times as the Board of Di.f rectors may by resolution direct, said capital stock shall be paid into this either iii cash or by the sale and transfer to it of real or per soEal property. for the uses and pur- poses of said Corporation, in payment for which shares of the capital stoch i of said Corporation may be issued, ! and the capital stock so issued shall thereupon and thereby become and be I fully paid up and non-assessable, and | in the absence of actual fraud in the l transaction the judgment of the Di- actors as to the value of the property 1 purchased shall be conclusive.
 FOURTH The time of the commencement Of this Corporation. shall be the date of the fling of certified copy Of these Articles of Incorporation according to law. and the termination thereof shall be twenty-five years thereafter. l
 FIFTH The affairs Of this Corporation shall be conducted by a Board of five D. 1 rectors. and the Following shall consti- 1 ute the Board of Directors until thet~ are elected. Thomas Ewing, A. N Esiqg. D. ". l C. lJdFlH, J. A. ANtilAitA-li anu As4AnAA'a Wighard. Thereafter the Board os Directors shall beelectbdfrOmamphs l Directors shall be elected from among l he stockholders on the first Monday in January of each year.
 SIXTH
 The highest amount of indebtedness | or liability, direct or contingent. to ! which this Corporation is at any time | subject, shall not exceed two-thirds f2-sl of the amount of the capital stock
 SEVENTH
 The officers of said Corporation un- | ii their successors are elected, shall be Thomas Ewing, President: D. W. 4 R. Davis, Vice President; J. A. Camp Dsil. Secretary and Treasurer.
 EIGHTH
 The private property Of the stocK holders of this Corporation shall be exempt from corporate debts of any sind whatsoever.
 IN WITNESS WHEREOF, we have lereunto set our hands and seals this ith day. of July. A. D. .sl9l3. 3 THOMAS EWING, tSeal}
 < N EWING, (Seal3
 By. THOMAS EWING lseai9
 Attorney in Tact
 D. w. R. DAVIS. fSealJ STATE OF ARIZONA,