Williams news., 1922-01-27

have this day voluntarily as- soiated ourselves together for the purpose of forming a cor poration under the laws of the State of Arizona, and we here by certify, acknowledge and 1 adopt the following Articles of 1 Incorporation:
 ARTICLE I.
 The name of this corporo- tion shall be and is GRAND CANYON BANK.
 ARTICLE II.
 The principal place of bus mess of this corporation shall be in the town of Williams, in the County of Coconino and State of Arizona, and it's board If directors may at their option dcs;gnate branch offices located ia other places.
 ARTICLE III
 The general nature of the business proposed to be trans acted by, and objects and pur- poses of the formation of, said corporation, are to do any and all of the things herein men toned as fully and to the same extent as natural persons might or could do the same, and in any part of the world. to-wit: to transact, promote, and carry on ageneral commercial bank ing business, a general savings bank business, a general safety deposit business, and a general trust business, and to engage in all the branches thereof, and to exercise, by it's Board of Direc- tors, or duly authorized officers or agents.
 subject to law, all such inciden- tai powers as may be necessary to carry on said commercial banking, savings bank. safety deposit and trust business, or any thereof, or in carrying on any business, or doing any of the acts or things, or exercising any of the powers herein men toned.
 In furtherance but not in limitation of the general pow ers conferred by the laws of Arizona, and the objects and purposes herein set forth. it is hereby expressly provided that said corporation shall also have the following powers:
 (a) To receive deposits; to discount and negotiate promis- sory notes, drafts, bills of ex- change, and other evidence of debt; to buy. sell and exchange coin and bullion, and to collect for other, moneys due them on notes, checks, drafts. bills of exchange. commercial paper or other evidence of indebtedness.
 (b) To act as escrow agent.
 (c) To borrow or raise money by the issue of it's notes. debentures, or other form of obligation; and, if necessary and advisable, to secure the payment of the same by deposit of stock, securities, or other per sonal property as collateral for said payment, or by executing mortgages, liens, or other form of security on any of the prop erty of said corporation, real, personal or mixed.
 (d) To loan money; and when advisa ble, to require and receive mortgage on real property, or a deposit and pledge of or mortgage on per sonal property, or other proper security, for the repayment of same
 (e) To draw, make. ac- cept, endorse, discount, execute and issue promissory notes, bills of exchange, warrants. bonds, debentures, and other negoti- able or transferable instru- 
 (f) To enter into, make, perform and carry out con tracts of every kind and for any lawful purpose with any firm. person, association or corporat- ion
 (g) To purchase or other wise acquire, and to hold, own and enjoy, and to mortgage. convey or otherwise dispose of l of every kind. char 1 acter and description, real, per sonal or mixed
 (h) To buy, sell, take. own. hold and deal in pledges,