The border vidette., 1925-04-11
ARTICLES OF INCORPORATION
or
1.-THE klNO COPPER COMPANY"

hNOW ALL. MEN bI THESE PRESENTS.
That we whose hands are hereunto
affixed do associate ourselves hereby,
together with others named herein,
for the purpose of forming a Corpora.
tiOn under the laws OF the State OF
Arizona, and to that end we make the
following statement:
I. The names and residences of the
incorporators are as follows, viz. /:
LOUIS HUDGIN, No. sol Crawford
Street. Nogales. Arizona.
w. J. MITCHELL. No 4lS Arroyo
Boulevard. Nogales. Arizona
ALLEN T. BIRD. No. 3l7 Crawford
Street, Nogales. Arizona.
And the name OF the Corporation
shall be
"THE kiNO COPPER COMPANY"
b. The principal place within the
State OF Arizona in which the business
of said Corporation is to be transacted
is the City of Nooales, County of Santa
Cruz, State OF Arizona; and the Cor.
porstion may establish branch Offices
either within or without the State OF
Arizona, where meetings of the Board
of Directors may be held.
IL. The general nature OF the busl-
ness proposed to be transacted by this
Corporation is as follows, to- wit:
3. To make contracts and execute
them, or to see that they are executed.
b. To purchase. lease. bond, locate,
Tor otherwise acquire; to own, ex-
change, sell. or otherwise dispose Of;
or to pledge, mortgage, hypothecate
and deal in real estate and any and all
kinds of personal property, mines.
mining claims, oil lands, coal lands.
mineral lands. oil, gas. coal, shale, as
phaltum, petroleum, asbestos, salt,
| water and water rights, and machinery
of all kinds. and to operate the same.
G. To work, mine, explore and oper-
ate mines and mining ground; to sell,
ship or reduce the ores extracted there
from. and to erect, construct and oper-
ate all machinery OF whatever type and
kind necessary to attain certain such
| results and to sell. ship or otherwise
dispose OF the products thereof.
d. To construct and operate q rail-
| way to connect the mines of said kINO
COPPER COMPANY, said mines lying
upon the west slope of the Patagonia
Mountains, in Patagonia Mining Dis
trict, Santa Cruz County. Arizona with
q reduction plant to be constructed
and, operated by said Corporation. said
plant to be located on or near the Santa
Cruz River, In the State and County
aforesaid.
g. And In general to do all things
necessary to the proper conduct of the
business of this Corporation, in the
State OF Arizona and elsewhere. not
inconsistent with the laws of the Unit
ed States and the State of Arizona.
III. q. The authorized amour. of
the capital stock of this Corporation is
One Million Dollars (8l 900 OOO). divid.
ed into One Million Shares 100000
shares), of par value OF One Dollar
each (Sl 90 escb). fully paid and non.
aseessable forever.
b. At such time as the Board of Di.
rectors may authorize, by resolution
duly adopted, sale and transfer of
shares In said KINo COPPER COM
PANY's Capital Stock, may be made
in exchange for either cash, or real or
personal property, or for personal SER
vices rendered, for the uses and pur.
poses OF said Corporation, in return
for which shares in the Capital Stock
of said Corporation may be issued; and
the Capital Stock so issued shall there.
upon and thereby become fully paid
and worcestershire; while In absence
OF actual fraud in such transactions the
judgment of the Board OF Directors as
to the value of the property purchased
or personal services rendered, shall be
conclusive.
c. All shares in the Capital Stock
OF this Corporation are declared here
by to be Treasury Stock" and there
~ 1o oHo
'.promoters' stock" No shares shall
be issued except in exchange for cash,
for personal services or for property
interests, as stipulated in paragraph
.'b" of this III section OF these Arti-
cles OF Incorporation.
d. All shares in this Corporation
sold for cash or its equivalent in prop
erty interests or personal services, shall
be at full par value OF One Dollar per
share (SI 90 per sh)-and no less.
". The time OF the commencement
of this Corporation shall be the date
OF the filing with the Arizona Corpora
tion Commission of certified copy of
these Articles OF Incorporation. accord.
ing to law; and the termination thereof
shall be Twenty-Five years thereafter.
v. The affairs OF this Corporation
shall be cond ucted by u Board OF Di-
rectors consisting OF seven members.
as follows, viz Louis Hud9in, w. J.
Mitchell, Allen r. Bird, J. w. Macfar-
lane, George d. Gross. Tracy Bird, all
of Nogales, Arizona; and 7. l.. Shan.
non OF Mowry Precinct, Santa Cruz
County, Arizona.
b. AS so constituted said Board OF
Directors shall hold Office until the first
annual meeting OF the shareholders OF
this Cooperation. which shall be on the
first Monday in March. A. d. 1926. at
II O'CLOCK A. NJ. at the Office OF the
Corporation in Nogales. Arizona; at
which said ANIMAL meeting, the sue
cessors of said Board OF Directors shall
be elected by the shareholders OF the
Corporation from among their own
number.