The copper era and Morenci leader. [volume] (Clifton, Ariz.) 1911-1929, 1920-01-09


day of December, A D., 1919.
ARIZONA CORPORATION
COMMISSION,
Amos A. Belts, Chairman,
Attest: A. E. Stelzer, Secretary
ARTICLES OF INCORPORATED
Known all men by these presents:
That we, the undersigned, having as
ISOLATED ourselves together for the
purpose of forming 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 m &C
eordance 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 corporation
houses and other buildings to estab
fish saw-mills wherever necessary
for the corporations use in its mines
plants and other buildings to buil(
and operate smelters, concentrators
furnaces, power houses and othel
plants for the exploitation and reduc
ton of minerals; to establish stag
lines, packtrains, freighters and t.
build roads, trails and other means o
transportation to and from the mine
to shipping points; to build house
for the accommodation of its employ
es, offices, warehouses and othe
buildings wherever necessary within
or outside the corporation plants; t
buy; sell hypothecate, mortgage, leas
and in all ways and manner to deal i
and with goods as natural perso
could lawfully do
ARTICLE ~
The capital stock of the corporatio
shall be $25,OO0.OO twenty five thou
and dollars) divided into two hundre
and fifty shares of the par value {
$4,000 Zone hundred dollars) eacl
which shall be paid in at such time
as the board of directors may desi
nate, in cash real or personal prope
ty, services. lease, option to purchas
or any other valuable right or thin
for the uses and purposes of the co
poration, and all shares of capt.
stock when issued in exchange Their
for, shall thereupon become and
fully paid, the same as those paid fl
by cash at par, and shall be mona
sessable forever, and the judgment
the directors as to the value of ar
property, right or thing acquired
exchange for capital stock shall
conclusive.
ARTICLE V
The commencement of the corpor
tfon shall be the date of the ISIS
ance Of it of certificate of incorpor
ton by the Arizona Corporation Cor
mission and it shall endure for tt