The copper era and Morenci leader. [volume] (Clifton, Ariz.) 1911-1929, 1913-06-27
FRIDAY. JUNE 81. 1918.
STATE OF ARIZONA.
Office Of the Arizona Corporation
Hnr, iSeinn-

Office of the Arizona Corporation
Commission.
United States of America,
State of Arizona.
SIS.
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 t.State Bank of Metcalf,' which
were filed in the office of said Arizona
Corporation Commission on the 18th
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 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
Attest:
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-
office addresses are as follows: E.
M. Williams, Clifton, Arizona; J. J.
Kelly, Clifton Arizona, and w. J.
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
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 d.
rect.
Article g. The general nature of
the business to be transacted and
carried on @by this corporation shall
be and is the following: to- engage
in general banking business, re-
ceiving deposits and paying the same
out upon the order of the depositors;
selling and buying exchange, Dor
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, not = and
mortgages on real and personal Top-
erty, as well as stocks and bon,.s 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 |
H. 49,
ed into one hundred and fifty shares |
of the par value of One Hundred
t$1o000) Dollars each. Such capital
stock to be fully paid into this cor
poration, either in cash or property
suitable for the uses and purposes of
this corporation, Immediately upon |
the subscription therefor
Article 4. 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 co. ii
members, who shall be stockholders,
and the following named persons shall /
constitute the board of directors OF
are elected and qualified, namely:
P. B. Scotland, Ipolito Cascarilli, E.
A. Spriggs, E. M. Williams, J. J.
Kelly, w. J. 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 a president, vice
president and a cashier.
The president and vice-president
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. p. Scotland, president;
IpoIito 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
a legal meeting.
Article 5. The time for the COM
mencement Of this corporation shall
be when this corporation shall have
fixed its articles OF incorporation with
the Corporation Commission of the
State of Arizona, and in the Office Of
the County Recorder of r 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,
and shall have published copy of its
articles of incorporation at least six