The copper era and Morenci leader., 1922-09-01
ARTICLES OF INCORPORATION
 of DUNCAN VALLEY UTILITIES AND SUPPLIES CORPORATION


 
 We the undersigned, in order to form corporation for. the purposes hereinafter stated under and pur- suant to the provisions of Title g of the Revised Statutes of Arizona, A D. 1913. and Acts amendatory there. to, do hereby certify as follows:
 ART. 1.
 The name of the Corporation is Duncan Valley Utilities and Supplies Corporation
 ART 3.
 The names. residences and post office addresses of the coporators are ]. R. Jones whose residence and post office address is Duncan, Arizona; Geo. A. Lunt, whose resi- dence and post office address is Duncan Arizona; J. F. McGrath. whose residence and post office ai- dress is Franklin, Arizona,
 ART. 3.
 The principal place of business of the corporation is Duncan. Arizona but the corporation is authorized to maintain offices and places of busi- ness at other places within the State or Arizona, or. iii other states or
 
 agent of the corporation, upon whom all notices and processes including service of summons, may be served is J. R. Jones, whose residence and post office address is Duncan. A-i- zona
 ART. 4.
 The total authorized capital stock of the corporation is twenty-five thousand dollars divided into twenty lie thousand shares of stock of the par value of one dollar each. Stock may be paid for in cash. negotiable instruments, services or property. ana the determination of the Board or Directors as to the value of ser wees or property taken in exhcange TOT shares of stock shall be final and concluslVe. All stock when issued snail be and become thereupon fully paid and non assessable.
 ART. ,.
 The corporation shall commence upon the date of the filing of these Articles in the office of the Comfy Recorder of the County of Greenlee Arizona, and shall terminate twenty. live years thereafter; but the corpora- ton may be renewed from time to time fors periods not exceeding twenty-fiye years when three fourths of the votes cast at any stockholders meeting duly called and held for such pur pose shall be in favor of such re- newal
 ART. 6.
 The highest amount of indebted. ness or liability, direct or contingent to which the corporation is at any time to subject itself is the sum of twelve thousand five hundred dol lars. The private property of stock holders shall be exempt from corp crate debts.
 ART. T.
 The affairs of the corporation shall be conducted by a board of directors Of not less than three nor more than five members; and a president. sec retary and treasurer chosen by the board from among their members. The board of directors shall be elected by the stockholders at each regular annual meeting of stock holders which meeting shall be held the First Monday of the Month of June of each year. Until their sue cessors be elected and shall qualify. the following shall constitute the directors and officers of the corpora tion: J. R. JONES. President and Direc. tor.
 GEO. A. LUNT, Secretary and Di- J. F. McGRATH. Treasurer and Director.
 ART. s. The general nature of the business to be transacted by the corporation is as follows; To acquire, own, lease, buy. sell. | mortgage, hypothecate, maintain. con- duct and operate electric light plants. l gas plants. water works, power l plants, and public utilities of every kind and character and to develop | generate, manufacture and sell and | dispose of the products of such plants and public utilities, as a public ser l vice corporation or otherwise To manufacture, buy, sell or other i wise deal in butter. ice, and all and l evry kind of farm, dairy or live stock | products.
 To purchase, acquire, own, operate f and conduct storage plants and | houses, warehouses. dairies, and | and to deal in, buy and l sell. all classes and kinds of produce 1 IS commission merchants, owners or otherwise
 To acquire. lease. own, mortgage. l sell and dipose of real and personal {, property of every character neces- ;ary to the uses and purposes of the  To issue bonds or other obligations n payment for property purchased 'r acquired or for any other object or about the business of the cor 'oration. To mortgage or pledge 'onds or other obligations or any property that may be acquired by he corporation. To make and peI~ orm contracts Of every kind and