The copper era and Morenci leader., 1922-12-08
ARIZONA CORPORATION
 
ARTICLES OF INCORPORATION
 OF THE GREENLEE GOLD & VANA- DlUM MINES, ING.

THE GREENLEE GOLD & VANA-
 DIUM MINES, ING.
 KNOW ALL MEN BY THESE PRESENTS: That we, Ernest E.. Frye, Thos. S. Smith, P. H. Patter- son, and W. B. Kelly, do hereby as-t sociate ourselves together for the purpose of forming a corporation under the laws of the State of Ari- zona, and for this purpose we do hereby adopt the following Articles of Incorporation:
 ARTICLE I.
 The names of the incorporators are as hereinabove set forth, and their residence and post office addresses are as follows:
 Ernest E. Frye, MetcaH, Arizona, Thos. & Smith Clifton, Arizona,
 P. H. Patterson, Clifton. Arizona, w. B. Kelley, Clifton, Arizona, The name of the corporation is THE GREENLEE GOLD & VANA- D1UM MINES, ING, and the prin. cipal place of transacting business shall be at the Town of Clifton Green lee County, Arizona, at which place the meetings of stockholders and the Board of Directors shall be had and held, provided that the stock holders of this corporation may, at | any general meeting, or any special ] meeting called for such purpose, es | tablish other and different places for holding the meeting of stock holders and directors.
 ... ARTICLE II.
 The general nature of the business proposed to be transacted shall be as follows: The purchase, acquisition lease and sale of gold, silver, vana- dium, and other mines and mining property; the working, operation. and maintenance of same; the hold ing, purchase and selling of real estate, useful or convenient for the purpose of it's business, and the mort gazing or leasing thereof; the con- struction and maintenance of resec- voirs, waterworks, dams and acque ducts and operation of mills, smelt- CTS and reduction plants useful and necessary for the business of treat ing, srnelting, and refining gold, sil- yer, copper and vanadium, and other ores and metals, and the manufao- ture and sale of articles made whoi- i ly or in part of gold, silver, yana- diun and other metals; the con 1 struction, maintenance and opera ! tion of stores for the sale of ar l ticles of merchandise; the issuing of bonds, debentures, or other obli- ! gations and the securing of same by mortgage or lien on any of the prop erty, rights or franchises of this corporation; the acquisition, purchase, sale or other disposition of the stocks, bonds, or other securities of i other companies, corporation, or in= T Isx,s5 ;x. 1 perform any or all acts and things necessary and incidental to the ob- jects aforesaid, or in anywise con nected herewith.
 ARTICLE IT.
 The authorized capital stock of this corporation shall be and is five hundred thousand (500,0O0) shares of the par value of one ($100) per i share Each share of stock when issued shall be first fully paid for in cash or it's cash equivalent in ser vices or property, and the board of 1 directors is hereby given authority 1 to fix the value of such services or 1 property, and in the absence of fraud. the value so fixed by said Board 1 shall be conclusive; each share ot 1 stock when so issued shall, thereafter, be non-assessable. fr
 ARTICLE ".
 The time of commencement Of this corporation shall be the date when the Articles of Incorporation are filed for record in the office of the Corporation Commission, of the i State of Arizona, and certified i copy thereof recorded in the office of the County Recorder of Greenlee | County, State of Arizona, and the l termination thereof shall be twenty , five years from the date when the certified copy is so recorded. 1 ARTICLE V.
 1 The affairs of this corporation shall be conducted by Board Of 1 Directors of not less than five nor more than seven, who shall serve for a period of one year, or until their | successors are elected and qualified. Each director shall be stockholder of this corporation, and the mem 1 bersbip of said Board may be in creased as hereinabove provided, at any regular meeting of stockholders or at any special meeting called for that purpose. The first annual meet , ing of stockholders for the election of Directors and the transaction of | such other business as may properly 1 come before it shall be held on the 3Oth day of December 1922. and said annual meeting shall, thereafter be | held on the same day of each sue ceeding year.
 The Board of Directors is hereby given power GO fill all vacancies in said Board caused by resignation or otherwise, and such Board is given the further power and authority to adopt a corporate seal and to affiN the same to any stock certificate or other instrument in writing, and to 1 adopt bylaws. Until the annual l meeting of stockholders for the cleo l tion of directors shall be held, as hereinabove provided. the following named persons, who are subscribers