The copper era and Morenci leader. [volume] (Clifton, Ariz.) 1911-1929, 1919-12-26
ARTICLES OF INCORPORATION

purpose of forming a corporation un-
der the laws of the state of Arizona.
U. S. A, do hereby adopt the follow
ing articles of Incorporation, to-wit:
ARTICLE
The name of the corporation shall
be "Compania Prospectadora Minera
de Obreros Mexicanos'
ARTICLE II
Its principal place of business in
Arizona shall be Morenci, Greenlee
County, but other offices may be es-
tablished and maintained both with
In and without the State of Arizona
and in the Republic of Mexico, at
such places as the Board of Directors
may designate and approved by the
stockholders in regular meeting and
where meetings of stockholders may
be held and all other corporate bust
ness transacted.
ARTICLE III
The general nature of the business
to be transacted shall be as follows.
to-wit: mining to acquire, hold work.
and operate mines and lodes bearing
any mineral substance within the ter
r1tory of the Republic of Mexico and
wherever found within such Country:
to prospect for the same within said
country and to do any and all things
necessary in the proper development
OF any mineral properties within the
Republic of Mexico, in accordance
with the laws of said Country; to
acquire by purchase, claims, lease or
In any legal way and manner, mining
properties developed or undeveloped
within the territory of the Republic
OF Mexico and to get the titles to
such properties from the Mexican
Government, private individuals or
corporations in each case and in &C.
cordance with the laws thereof; to
acquire by purchase, lease, mortgage.
hypothecation Or by any other legal
means machinery and other materials |
required for the development and ex-
ploitation of mines; to acquire lands, !
buildings, timberlands and other pro- |
perties as may be needed for the |
development of the corporations |
mines, construction of plants, ware |
houses and other buildings to estab-
fish saw-mills wherever necessary
for the corporations use in it's mines |
plants and other buildings; to build
and
furnaces, power houses and other
plants for the exploitation and reduc-
ton of minerals; to establish stage
lines, packtrains, freighters and to
build roads, trails and other means of
transportation to and from the mines
to shipping points; to build houses
for the accommodation of it's employ
es, offices, warehouses and other
buildings wherever necessary within
or outside the corporation plants; to
buy; sell hypothecate, mortgage, lease
and in al ways and manner to deal in
and with goods as a natural person
could lawfully do.
ARTICLE ~
The capital stock of the corporation
shall be s25,0OO.OO twenty five thous-
and dollars) divided into two hundred
and fifty shares of the par value of
$4,000 tone hundred dollars) each,
which shall be paid in at such times
as the board of directors may desig-
nate, in cash real or personal proper
ty. services lease, option to purchase
or any other valuable right or thing
for the uses and purposes of the cor
stock when issued in exchange there
for, shall thereupon become and be
fully paid the same as those paid for
by cash at par and shall be non-as-
sessable 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
The commencement of the corpora
ton shall be the date of the issu-
ance of it of a certificate Of incorpora-
ton by the Arizona Corporation Com
mission and it shall endure for the
full term of twenty five years there
after, with the privilege of perpetual
succession as provided by law
ARTICLE vi
The affairs of the corporation shall
be conducted by the Board of Direct
ors, which body shall consist of nine
stockholders elected from among the
stockholders of the corporation in