The Arizona copper camp., 1915-10-08
ARTICLES OF INCORPORATION


ARTICLES OF INCORPORATION
know All Men by These Presents
That we, the undersigned, having
associated ourselves for the purpose
OF forming corporation under the
laws of the State Of Arizona. do
hereby adopt the following Articles
of Incorporation:
Article /.
The incorporators are l.. P. Jones
ana Cora Jones, each of Ray. Arizona
ana the name of the corporation shall
be RAY MOTOR COMPANY. It's
prlnclpal place of business within
Aroma shall be Ray, Arizona, but
otner OFFICES may be established and
. maintained within or outside of Ari-
zoha' at such places as the Board of
Directors may designate, where meet
lngs OF the stockholders and directors
may be held and any and all corpor
ate business transacted.
Article H.
The general nature of the business
to be transacted is, to-day: Own
operate and conduct general line of
automobiles, for. hire and for CARRYING
passengers for pay, to buy, rent and
sell, as well as to repair automobiles
and to maintain a general garage
and repair shop or shops and to own
handle and control letters patent and
inventions and shares of its own can
ltal stock and that of other corpora.-
tlons owned by it, the same as a nat
ural person might do; to borrow
money and to issue bonds, notes. de-
pentures and other evidences of in
deptedness and secure the pavment
of the same by mortgage, deed of
trust or otherwise; to act as agent
trustee, broker or in any other fidu-
clary capacity; and in general to do
ana perform such acts and things and
transact such business in connection
with the foregoing objects, not incon-
sIstent with the law, in any part of
the world, as the Board of Directors
may deem to the advantage of the
corporation
Article III.
The capital stock of the CORPORA
ton shall be Ten Thousand
$1O,O0O.O0D Dollars, divided into One
Thousand Q,O00) shares of the par
value of Ten $4,000 Dollars each.
which shall be paid in, at such times
as the Board Of Directors may desig-
nate, in cash, real or personal prom
erty, services, lease option to pur-
chase, or any other valuable right or
thing, for the use or purpose of the
corporation, and all shares of capital
stock, when issued in exchange there
Tor, shall, thereupon, become and be
Iuiiy paid. the same as though paid
IN cash at par, and shall be nom
assessable forever, and the Judgment
OF the Directors as to the value of
any property, right or thing acquired
in exchange for capital stock shall be
conclusive.
Article w.
The commencement of the corpora
ton shall be the date of the issuance
to it of a certificate of incorpora-
tion by the Arizona Corporation
Commission, and it shall endure for
the full term of twenty five (25)
years thereafter, with privilege of
perpetual succession as provided by
statute.
Article v.
The affairs ofthe corporation shall
be conducted by a Board of Directors
and such officers as the Board of
Directors may elect or appoint. The
number of Directors shall be desig-
mated by the Bylaws and shall be
elected from among the stockholders
at their annual meeting to be held on
the third Monday in September of
each year. Until the first annual
meeting of the stockholders and un-
til their successors have been elected
and qualified, the following named
persons shalt be officers and direct
ors:
L. p. Jones, President and Director;
Cora Jones, Secretary, Treasurer and
Director: and
Director.
Article vi.
The Directors shall have power to
adopt, amend and rescind bylaws. to
fill vacancies occurring in the board
from any cause, and to appoint from
their own number an Executive Com
mittee and vest said committee with
all the powers granted the directors
by these Articles.
Article VII.
The highest amount of Indebtedness
or liability to which the corporation
may at any one time subject itself is
Six Thousand ($6,OOO.OO) Dollars.
Article Viii.
The private property of the Stock
holders of the Corporation shall be
forever exempt from it's debts or OBJ
legations.
Article TX.
This Corporation does hereby ap-
point L. P. Jones of Ray, Arizona,
who has been a bona fide resident of