New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-12-11
APrICLFS OF ASSOCIATION.

ARTICLES Or ASSOOihi I'm
We, the subscribers, do declare by this instru
lnent that we have associated ourselves to6ether
and adopted Constitution as follows:
l. This Association shall be called the " Rocky
BAR MINING COMPANY"
II. An persons who shall become owners of the
Capital.Stocli OF SAID Association shall be mem
bers of said Assoeiation aud said Association
shall continue until it shall be dissolved By vote
OF two.thirds OF its members
I'll The object of this Association is to mine,
aud otherwise procure gold and other precious
metals gems aud precious stones out of aad from
the locality known the R0cEy- bar, beng upon
the Middle Fork Of the American River AMI such
other localities as said Company may select IN
California and to prepare the same for sale IN the
market or for distribution among the members OF
the Association.
~. The Capts Stock of said association shall
be one million Of dollars, divided into ten thousand
shares. of one hundred dollars each.
Y. Tho sand association shall not directly or in
directly deal or trade in buying or selling any
goods wares merchandise, or commodities what
soeyer except for the purpose OF carrying out tue
objects Of this association rs defined In the third
article
VI No officer. or stockholder, or member of said
association Gun create a debt against the Com
pany; nor shall the Company be liable for any
trcspasses or damages committed or spuere4 by
any gifts stockholders officers, or agents Of sucn
officers.
VII The stock, property, affairs and concerns
Of the said association, shall be conducted by nlne
Directors being stockholders Of said association,
and native or naturazed citizens OF the United
States but no person shall be Director, who
shall not, at the time of bis election, hold, on his
own account, and not in trust IN any mannerWhat
ever for any other person. at least lilly shares Of
the stock of said association.
VIII The first election to be held under these
articles Of association for the purpose OF choosing
h., f1rn
mentioned shall be held on the R0cky-Bar upon
the Middle Fork of the American River in Cali.
fornia, in the month of July, on snch day and at
such hour az the Secretery may designate, aud
the Secretary and Treasurer are hereby appointed
inspectors OF such election. A notice Of the time
and place OF holding said election shall be posted
in three conspicuous places upon and about said
Bar and such notice shall also be served upon
each shareholder personally, who shall be within
three niles of said Roclly.Bar az the time when
said notice is required to be given.
X The Directors for Eighteen hundred and
fityone, and every subsequent year. shall be
elected on the first Wednesday Of February OF
every year at snch time OF the day, at the Office
IN the City Of New-York as majority OF the
Directors shall Immediately after their election,
By resolution appoint, and such resolution shall
be entered on the minutes by the Secretary and
said Directors except the first chosen, shall hold
their Offices one year and until otters are elected
N their sttad
\. Public notice Of every election, except the
first, shall be given by the Directors not less than
fourteen days previous TO the time OF holding such
election, by an advertisement 70 be inserted daily,
in two newspapers in the city Of New York.
VI Each stakeholder, at the time OF any cleo
ton shall be entitled 10 vote each share Of
stock which he hollis at the time Of such voting,
and such vote or votes may be cast by proxy.
MI. All elections for Directors shah be by bal
lot and the nine persons who shall nave the
greatest number of votes shall be Directors aAd
in case Two or more persons shall have an equal
number OF votes, the Directors duly elected shall
by ballot, determine which OF the said persons so
having an equal number OF votes, shall he the d.
rector or Directors 50 as to complete toe whole
number.
XIII. II any Director shall cease to be stock.
holder to the amount Of fifty shares his Office shall
be vacant and whenever any vacancy shall hap
pen among the Directors, such vacancy shall be
filled for the remainder of the year in Which II
shall happen, By such person az majority Of re-
naming Directors shall appoint 10
XIV. The Directors elected, az soon as nas 49,
alter their election shall proceed IN nae Ioi
by majority, TO elect one of their nuLnOgi ~ 10.
lot, to be their President they shaii as' b5haIot
iority, elect Treasurer and Secretary .! ''-''N
ing for each separately. ,..ooiatios shall
wv The Directors OF said Associatipa ,a saa,,
hive mower to appoint from time to time 80 ~ n4L s
49, 70" :, or servants for carrying on Tue
I.es NJ Al1 +6e Association, and with sncA COM
I.a.or as tbey shall deem proper and also "
( 80 ssIaTes % the officers o the AssocaaEoL