The copper era and Morenci leader., 1920-03-12

cations; to make and perform con- tracts of any kind and description; and in carrying on it's business, or for the purpose of attaining or furthering any of it's objects, to do any and all other acts and things, and to exercise any and all other powers which a co. partnership or natural person could do or exercise, and which now, or here after may be authorized by law " | The total authorized capital stock
 of the corporation is two hundred thousand dollars ($200,O00) divided in- to two hundred thousand shares of a
 par value of one dollar (s1.00) each.
 Said stock when issued shall be full
 ly paid and non-assessable the di-
 rectors are authorized to receive and
 accept money or property in payment
 for stock so issued, and the judgment
 of said directors as to the value of any
 such property received in payment
 therefor shall be finalA V
 The duration of this corporation
 shall be twenty-five years, but the
 same may be renewed from time to
 time as provided by law; said corpor-
 ation shall commence on the date
 when these articles are filed and re-
 corded in the office of the County Re
 corder, of Greenlee County, Arizona,
 and shall terminate twenty-five years
 provided.
 The names, residences and post of flee addresses of the corporators arc: : Robert J. Mace, whose residence and
 post office address is Morenci, Ariz.
 Jesse J. Rascoe, whose residence } and post office address is Morenci, Arizona
 Albert B. Williams, whose residence
 and post office address is Morenci, , Arizona
 Thomas B. Davis, whose residence and post office address is Morenci Arizona.
 r The affairs of this corporation shall : be conducted by board of directors consisting of five members; the of ficers of the corporation shall be a president, first vice president, second vice president, and secretary-treasur CT; until their successors are elected t and shall qualify the following per ! sons shall constitute the board of df : rectors and officers Robert J. Nace-Director ,, Jesse J Rascoe-Director
 Albert B Williams-Director
 Thomas B. Davis-Director : Maud Crist-Director !, Robert J. Nace-President l Thomas B. Davis-1st Vice Presi l. dent.
 Jesse J. Rascoe -2nd Vice Presi I dent.
 r Albert B Williams Secretary s Treasurer.
 The annual meeting of the stocl l, holders shall be held on the first Mon y day of January of each year, at whicl J. time the officers and directors of sait T, corporation shall be elected. T-i K The highest amount of indebtedness } or liability, direct or contingent t. : which the corporation shall at an, $ time subject itself is the sum of on hundred thousand dollars The pri c vate property of the stockholder IS shall be exempt from corporate debts g. In witness whereof, we have here 'f unto set our hands the 18th day c 'r January, A. D. 1920. 't ROBERT J. MAGE e JESSE J. RASCOE y ALBERT B. WILLIAMS
 THOMAS B. DAVIS D. STATE OF ARIZONA, COUNTY O1 70 GREENLEE-SS. sr Before me, K. D. Fisk, notary pull 'd lie in and for the County of Greenlet n State of Arizona, on this day pel le sonally appeared Robert J. Mace, Je! 5 SC J Rascoe, Albert Williams, an h. Thomas B Davis, known to me is be the persons whose names are sul y scribed to the foregoing instrumen e and acknowledged to me that they e1 III ecuted the same for the purpose an IL consideration therein contained. S. Given under my hand and seal C D. office this 12 day of January, A I
 1920.
 IS K. D. Fisk, Notary Public. 10 (Notarial SeaD $ My commission expires April 2' 't 1923.