The copper era and Morenci leader. [volume] (Clifton, Ariz.) 1911-1929, 1920-01-16
ARTICLES OF INCORPORATION

ARTICLES OF INCORPORAI HON
Known all men by these presents:
That we, the undersigned, having as
ISOLATED ourselves together for the
purpose of forming a corporation I'M
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 Ill
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
ritory 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 ac-
cordance with the laws thereof; to
acquire by0purchase, lease, mortgage,
hypothecation or by any other legal
means. machinery and other materials
required sfor 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 corporation s
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 operate shelters, COMMENTATORS,
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 its employ
es, offices, warehouses and other
buildings wherever necessary within
or outside the corporation plants; to
buy: sell hypothecate, mortgage, lease
and in all 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 $25,000.0O Twenty five thous
and dollars) divided into two hundred
and fifty shares of the par value Of
which shall be paid in at such time:
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
poration, and all shares of capita
stock when issued in exchange there
for, shall thereupon become and be
fully paid, the same as those paid fol
, 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 If it of certificate of incorpora.
ton by the Arizona Corporation Com
mission and it shall endure for the