The copper era and Morenci leader., 1920-02-13

cations; to make and perform con-
tracts of any kind and description;
and in carrying on its business, or for
the purpose of attaining or furthering
any of its objects, to do any and all
other acts and things, and to exercise
any and all other powers which 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 ($2OO,O0O) divided in.
to two hundred thousand shares of
par value of one dollar ($1OO) EACH
Said stock when issued shall be full
ly paid and worcestershire 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
alton 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 and post Of
flee addresses of the corporators are:
Robert ]. 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. u
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 secretary -treasur-
er; until their successors are elected
and shall qualify the following per-
sons shall constitute the board of di-
rectors and officers.
Robert ]. Nace-Director
Jesse ] Rascoe-Director
Albert B Williams-Director,
Thomas B. Davis-Director
Maud Crist-Director
Robert J. Nace-President
Thomas B. Davis-1st Vice Presi-
dent.
Jesse J. Rascoe-2nd Vice 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
J time the officers and directors of said
corporation shall be elected.
TX
The highest amount of indebtedness
| or liability, direct OF 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. MACE
JESSE ]. RASCOE
| ALBERT B. WILLIAMS
THOMAS B. DAVIS
STATE OF ARIZONA, COUNTY OF
GREENLEESS.
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 ]. Mace, Jes
Sc J. Rascoe, Albert Williams, and
Thomas B Davis, known to me tt
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 12eday of January, A. D
1920. AssHA
K. DsSFsk, Notary Public.
(Notarial SealgT
My commission expires April 26