The copper era and Morenci leader., 1913-06-20
2 STATE OF ARIZONA.

-. h
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 c
were filed in the office of said Arizona Z
Corporation Commission on, the 4th :
day of June, A D., 1913 lat 10 o'clock
a. M, as provided by law.
In Testimony Whereof, The Arizona ,
Corporation Commission by its Chair
man, has hereunto set its hand and
the city of Phoenix, the Capitol, this
4th day of June, A. D., 1913.
(SEAL)
ARIZONA CORPORATION COMMITS
WI GEARY, Chairman.
Attest:
FRANK De SOURZA, Secretary:
ARTICLES OF INCORPORATION OF
| STATE BANK OF METCALF.
KNOW ALL MEN BY THESE |
PRESENTS: That we, the unders1gn-
! 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-
Article /. The names of the incor-
porators, their residence and post
4 office addresses are as follows: r..
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
Metcalf' The principal place OF
transacting the business of this cor
poration shall be and is the Town OF
lMetcalf, 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
81 the business to be transacted and
VI carried on by this corporation shall
} be and is the following: to engage
in a general banking business, re-
J. ceiving deposits and paying the same
. out upon the order of the depositors;
selling and buying exchange, Dor
rowing and lending money; buying
0 and selling all kinds of negotiable
paper, such as City, County and State
Warrants and Bonds, and other. evl-
o dences of Municipal debts, gold, s1l-
yer and copper bullion, notes and
mortgages on real and personal prop
o erty, as well as stocks and bonds OF
other corporations; to buy, own and
sell real estate and personal property
o and to transact and carry on all Dusf
o ness that is consistent with the bank
o ing business and not in conflict with
the laws of the State of Arizona
Article g. The authorized capital OF
20 stock of this corporation is Fifteen
Thousand (s15,0OO.O0) Dollars, divid
ed into one hundred and fifty shares
TO of the par value of One Hundred
(s1OO.OO) Dollars each. Such capita
stock to be fully paid into this cor
t. poration, either in cash or propert!
suitable for the uses and purposes o
this corporation, Immediately upol
DO the subscription therefor
%, Article 4 The affairs of this COZ
a, poration shall be conducted by boar
II of directors consisting of not less thai
seven CD and not more than nine ~
members, who shall be stockholders
o. and the following named persons shal
constitute the board of directors o
O. this corporation until their successor
IN are elected and qualified, namely
P. B. Scotland, Ipolito Cascarilll.
DIS A. Spriggs, E. NJ. Williams, ].
Kelly, w. j. Riley and c. c. Sellar:
p Thereafter the board of director
I'M stockholders at their annual meetin
let on the First day of October Of eac
and every year The officers of tn
j corporation shall be president, vic
Sc president and a cashier
en- The president and v1ce-presldet
shall be elected from among tn
board of directors, within ten da5
to- from the annual meeting of tt
stockholders of this corporation, ar
the cashier shall be selected by tt
:, board of directors at the same tim
~ The following persons shall De al
II, constitute the officers of this corpor
90 ton until the first annual meetir
Y of the stockholders in October, l9l
90 namely: P. B. Scotland, presiden
Ipolito Cascarilli, vice-presldent al
C. C. Sellars, cashier.
ton The board of directors shall ma
the authority to fill any vacancy
vacancies occurring in their numDs
ON or among the officers OF the corpol
ton. and to adopt such bylaws as I
not conflict with these articles a.
ton with the laws of Arizona for the &c
eminent of this corporation :.
A majority of their number So
Mo constitute a quorum, and any meeq
of such board of directors, at Whl
a quorum is present, shall be deem
~ legal meeting 60 1ssJ
Article s. The time. for the 81
mencement of this eorporatlon7 81
'OO.- he when this corporation Shall ma
filed its articles of Incorporation "
the Corporation Commission Of Z
nth State of Arizona, and in the office
wn- the County Recorder, of. the Copl
co. oP creenlee. State of Arizona, q
rom shall also have appointed an auth
rom led agent. or agents, in this st
rom mon whom processes may be serv
iano and shall have published copy OF
articles of incorporation at least
times in some newspaper publ 81
K 4, in tbe County of Greenlee, State
ESQ., Arizona. and shall have also filed
affidavit of such publication in
ad- office of the Corporation Commits: