Bisbee daily review., 1919-05-16

Arizona, and to that end adopt the fol- lowing Articles of Incorporation:
 ARTICLE l.
 The name of the corporation shall be SMITH-CANANEA MINING CON-
 PANY,
 and it's principal place of business within the State of Arizona shall be at the City of Bisbee, in Cochise County therein, with such other branch offices, within or without said state as may be authorized by the Board of Directors.
 ARTICLE II.
 The general nature of the business proposed to be transacted by said cor poration is the following: To search for, prospect and explore for ores and minerals and to locate mining claims, grounds, or lodes in the United States of America, or the territories thereof or in foreign countries, and record the same pursuant to the mining laws of said United States, or other countries; to bore. drill, prospect and mine for gold, silver, copper, lead, zinc, iron, antimony tin, asbestos, and all kinds of ores, meals, minerals and precious stones, oils, gas and coal, and to mill, convert, prepare for market and oth- erwisef produce and deal in the same and in the products and by-products thereof; to purchase or otherwise ac- quire, own, exchange, sell or other wise dispose of, mortgage, hppothe- catefand deal in minerals and mineral lands of all kinds, oil, coal and timber lands, personal estate, water and wa crate and develop the same, and carrv on the business of mining in all its branches; to construct, build, operate and maintain, oil wells, refineries, buildings, works, work shops, laborato- ries, machinery power plants, saw mills, stores and warehouses; to ac- quire by grant, purchase, or otherwise, any property or privileges from any government, or from any authority, individual, municipal or otherwise, and to perform and fulfill the conditions thereof.
 To acquire by purchase, subscription or otherwise, and to hold as invest ment or otherwise, any bonds or other securities or evidence of indebtedness, or any shares of capital stock created or issued by any other corporation or corporations, association or associa- tions, of any state, district, territory or country; to purchase, hold, sell as- sign, transfer, mortgage, pledge or oth- erwise dispose of any bonds or other securities or evidences of indebted, ness created or issued by any other corporation or corporitions, associa- tion, or associations, of any state, dis trict, territory, or country; and while the owner thereof, to exercise all the rights, powers and privileges of own ership; to purchase, hold, sell. assign, transfer, mortgage, pledge or other wise dispose of shares of the capital stock of any other corporation or cor porations, association or associations, of any state, district, territory or coun- try; and while the owner of such stock to exercise all the rights, powers and privileges of ownership, including the right to vote thereon; to aid in any lawful manner any corporation or ao- ssciation of which the bonds, or other securities, or evidences of indebted ness or stock, are held by the com pany; and to do any and all lawful acts or things designed to protect, pre- serve, improve or enhance the value of any such bonds, or other securities, or evidences of indebtedness, or stock; to guarantee dividends on any shares of the capital stock of any corporation in which this company at the time may have an interest as stockholder, and to endorse or otherwise guaran- tee the principal and interest of notes, bonds or other evidences of indebted ness created or to be created by any such corporation.
 ARTICLE III.
 The amount of the capital stock authorized. and the time when and the conditions upon which it is to be paid, are as follows: There shall be 450,000 shares of capital stock of the par value of five ($5) dollars per share making total capitalization of Two Million, Two Hundred Fifty Thousand ($2,250,000) Dollars; and the time when, and the conditions upon which said capital stock is to be paid for and issued, shall be as prescribed by the Board of Directors of this corporation. The stock of this corporation may be issued in payment for real or personal property. property rights and privileges. or services, and the judg- ment of the directors as to the value thereof, in the absence of fraud, shall be conclusive. The stock may be sold for less than par when in the judg- ment of the directors the interests of the corporation require such action.
 ARTICLE "
 The time of the commencement of this corporation shall be after the fil- ing Of these articles of incorporation in the office of the Corporation Com mission: and certified copy thereof re- corded in the office of the County Re- cOrder of Cochise County; and a Ger tificate of Incorporation delivered to it by the said Corporation Commis- sion; and said corporation shall con-