The copper era and Morenci leader., 1920-02-20

tracts of any kind and description and in carrying on it's business, or fo1 the purpose of attaining or furtherine 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 ($20O,OOO) divided in- to two hundred thousand shares of a ! par value of one dollar ($1OO) 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 final.
 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 thereafter unless renewed as herein provided.
 The names, residences ana post of flee addresses of the corporators are: 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.
 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 and shall qualify the following per sons shall constitute the board of di- rectors and officers. Robert J. Nace-Director
 Jesse J. Rascoe-Director
 Albert B. Williams-Director
 Thomas B. Davis s-Director
 Maud Crist-Director
 Robert J. Nace-President
 Thomas B. Davis-1st Vice Presi-
 dent. Jesse J. Rascoe- -2ndfvice Presi-
 dent.
 Albert B Williams Secretary
 Treasurer
 The annual meeting of the stock holders shall be held on the first Mon day of January of each year, at which time the officers and directors of said corporation shall be elected.
 K
 The highest amount of indebtedness or liability, direct or contingent to which the corporation shall at any time subject itself is the sum of one hundred thousand dollars. The pri- vate property of the stockholders shall be exempt from corporate debts. In witness whereof, we have here unto set our hands the 18th day of January, A. D. 1920.
 ROBERT J. MAGE
 JESSE J RASCOE
 ALBERT B. WILLIAMS
 THOMAS B. DAVIS STATE OF ARIZONA, COUNTY OF GREENLEE+SS.
 Before me, K.- D. Fisk, notary pub lie in and for the County of Greenlee, State of Arizona, on this day per sonally appeared Robert J. Mace, Jes- Sc J. Rascoe, Albert Williams, and Thomas B. Davis, known to me to be the persons whose names are sub- scribed to the foregoing instrument and acknowledged to me that they ex- ecuted the same for the purpose and consideration therein contained
 Given under my hand and seal of office this 12 day of January, A. D. 1920.
 K. D. Fisk, Notary Public (Notarial SeaD My commission expires April 26, 1923 Filed in the office of the Arizona Corporation Commission this 16 day 1