The oasis. [volume], March 25, 1905, Image 5

About The oasis. [volume] (Arizola, Ariz.) 1893-1920

Image provided by: Arizona State Library, Archives and Public Records; Phoenix, AZ

                
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Saturday, March 25, 1005
SONORA SIFTI'JGS.
Last week Mr. II. S. Martin,
superintendent of the Tarasca
mine, near Torres, was a visitor at
He rmosillo.
Eight carloads of machinery for
the Black Mountain Mining Com
panv at Cerro Prieto, have crossed
the line at Nogales this week.
Mr. II. II. Light of Hermosillo,
the well known engineer, was out
last week in the vicinity of Verde
Grande engaged making surveys of
mining claims.
From the Tompiate mine, about
& league west from Imuris, ship
ments are being made of high
grade ore, carrying good values in
copper, gold and silver.
To Organize Corporations in Mexico.
"The OAPrs Incorporating Bur'
eau," recently organized and now
in operation, ha extended the
scope of its plan, and in addition
to organizing completely corpora
tions under the laws of Arizona,
lias now perfected arrangements to
organize corporations under the
Commercial Law of Mexico and to
protocolize in Mexico American
corporations organized to transact
business in that republic.
Before a foreign corporation can
hold property or transact business
in the republic of Mexico it has to
be "protocolized," a legal proceed
ing whereby a certified copy of its
articles of incorporation or charter,
vised and authen icated by a Mex
ican consul in the country where
the articles or charter may have
been framed, with powers of attor
ney, appointment of agents, ,etc,
are filed with proper authority,
and power granted to transact
business. That work "The Oasis
Incorporating Bureau" is prepared
to attend to for American corpora
tions to operate in Mexico, having
secured the services of a very cap
able, efficient and-experienced at
torney. Frequently instead of protocol
izing the American corporation in
Mexico there is organized under
the laws of the republic a corpora
tion which holds the property and
transacts the business of the cor
poration, and all the stock of the
Mexican corporation is held by the
American company. A notable
instance is that of the Greene Con
solidated Copper Company. In
Mexico the Caminea Consolidated
Copper Company, a Mexican cor
poration, holds all titles, owns all
property and conducts all the bus
iness of the great enterprise at Can
' anca. All the shares in that com
pany are the property of the Greene
Consolidated Copper, Company an
American corporation. Organiza
tion of companies in both Mexico
and the United States, to be oper
ated in that way, is now a part of
the plan and scope of "The OAsrs
Incorporation Bureau."
Each method above outlined has
its advantage, which will be ex
plained by applying to "The Oasis
Incorporation Bureau."
The cost of protocoling- an
American corporation in Mexico is
about $200 gold, to which has to be
added the federal duties of one dol
lar gold per $1000 of capitalization.
For instance the duty upon a ca
pitalization of one million dollars
would be one thousand dollars.
That sum would be in addition to
..'(. ! i' ., jr J 1 1 , t i iii of ! '
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uti'fh nndrr tf" "uui ri ', bw nf
Mf-xi'-o h about !UH M'-xi'-ih mo
ney (.f 20O gold) which incT u (! all
Ivi', ftarnp, registration, t'H'k cer
tificates, minute book and share
register and the complete legaliza
tion of the corporation, making it
ready to transact business. To
that'is added the federal duty upon
capitalization of one dollar upon
each one thousand dollars. To or
ganize a company with a share
capital of $10,000 Mexican money,
would cost $400 Mexican money,
and the capitalization duty would
be onlv ten dollars Mexican mon
ey. " Full details will be presented
upon application. Address
The Oasis
Incorporation Bureau
Nogales, Arizona.
The First National Bank.
The attention of our readers is
called to the official statement of
the condition of the First National
Bank at the close of business March
14th, 1005, which is published in
another column of this issue. By
comparison with the last preced
ing statement we find that the
volume of business transacted has
steadily grown, now aggregating
nearly'$200,000. The capital stock
was recently increased to $50,000,
doubling the stockholders, liability
and further safeguarding the many
depositors of the institution whose
deposits now foot up over $120,000
and increasing each month. The
affairs of the First National Bank
are managed in a most conservative
manner and the institution well
merits the confidence placed in it
by our citizens.
Court in April.
It is stated authoritatively that
Judge Doan has ordered the draw
ing of juries in Santa Cruz county
for a term of court beginning the
first Monday. in April, which will
be upon the third day of that
monthone week from next Mon
day. This will be cheering news to
many litigants whose cases have
dragged along several months.
Judge Doan is noted for the
prompt despatch of business, and
it is very likely that ere the term
closes the calendar will be cleared.
Eligible Residence Property.
Lot 17 Block 16, Nogales townsite,
upon the hill overlooking Morley
avenue, immediately Kuth and
east from the Court House grounds,
has been subdivided into forty-two
elegant residence lots, 50x125 feet
each, (a number being of dimen
sions yet larger) and they are of
fered for sale cheap. This will
prove one of the most eligible
and desirable residence localities
in Nogales. For terms and prices
apply to
George B. Marsh
Nogales, Arizona.
Nogales, March 25, 1005. tf.
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otol Almada Dining (loom
C DAY MAS, SCfiORA, MEXICO
t Ai sciirs ash uom rkovmoNrrj f on
SMI IMG PARTIES ON IHf f.U t
Write for Hates and Particulars
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To Rent.
Nicely furnished rooms in pleas
ant neighborhood by the week or
month. Apply to E. L. Crowell,!
The Daniels. tf. j
Accounts Solicited. Unexcelled Facilities Ollered. j
The First National Bank of Nogales
Capital Stork - $ 50,000.
Shareholders' Liability 50,000.
Total Liability - - 100,000.
Nooales, Arizona, U. S. ft;
uasammamamaBes
SO BE A.GENT
Csrlos
For the sale of Lands in the State of Sonora granted by the president
of the Mexican Republic to General Francisco Olivares, in the Hermo
sillo, Ures and Altar Districts of Sonora.
Residence, Hotel Cambuston, Hermosillo, Sonora, Mexico.
Office, Room 20, Hotel Cambuston.
Office Hourt to 1U A, M. it to 1. IVI.
Dry Goods and pi R2X2OTR" Mining Supplies, !
Groceties. ; Powder, Fuse,Etc.
RAMON BSQUER
dentkV'-aSrM?tSi La Colorada and Primavera, Sonora. Foreign Exchange
Life Insurauee Co." BRANCH AT WA6DAIENA. Bought and Sold.
mmmmm double
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DAILY TRAIN SERVICE
j- VT.- 1 Art-
BETWEEN THE
WEST AND EAST
liiiitel
AND
Chicago Flyer
f 9
Ask the Ticket Agent and insist on a ticket via this route,
"Best Meals on Wheels."
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CURES WHERE ALL ELSE FAILS
Best Couch Syrup. Tastes Good.
; Use in time. Sold tj druggists.
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7 S
A. N. BROWN,
OenL I'nss. ARt.
El Paso, Tex.