Arizona weekly enterprise., 1890-12-06

Inc name or this corporation, IS the Oro Fino Placer Gold Mining Company, of River side, A. T. The names of the incorporators are, Thos. F. Weedin, Dr. J. M. Hurley, of Florence. Arizona, and w. A. Merralls, Dr. B E. Fryer, Wm. E. Fryer, J. l.. Fryer, of Kansas City, Missouri, and r. A. Adams, of Florence. Arizona. The principal place of business and office of this association is Florence, Arizona.
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 The business, pursuit, occupation, enter prise, etc, proposed to be engaged in and transacted by this corporation are to purchase mines, mining lands, water rights, appropri- ate water under the laws of the United States, and the Territory of Arizona or any other state of this union; to build, construct, buy, own, maintain, operate mines, water ditches, fumes, conduits. pipe lines, gates, dams, res- ervoirs, sink wells, erect machinery, pumps, and operate the same, and do all other things pertaining to the management of mines and mining lands. Also to sell mines, and stocks of this company. to Luy and sell stocks of other mining companies; to borrow money, pay interest on the same, to issue bonds, and secure the same bymortgage on the franchise, works, incomes and all revenues of this com pany, or properly belonging to this company; to lease mines and mining lands to other com panies or individuals; to buy and sell personal property; to build and maintain buildings necess " for the comfort or protection of this company's works.
 The amount of capital stock of this con- pany shall be Eighty Thousand fSS0. OOO OOl dollars, divided into eight hundred (800) shares of One Hundred (Sl00) dollars each The entire amount of said stock shall be is- sued to the individuals named above as incor- porators of this company as their interests may appear upon the subscription ot the stock of this company; said stock issued to these indi- viduals, fully paid up in payment of mining lands deeded to this company by them at the par value of said stock, said stock non-assess- able for any purpose, except by amending these articles of association.
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 The time of the commencement of business ot this company will be the day of the filing ot these articles of incorporation in the office "f the recorder of the County of Pinal. Ari- zona Territory, and the termination thereof shall be forty mine (49) years thereafter, un. less sooner wound up by the legal form of law l in Arizona.
 The affairs of this corporation shall be con. ducted Ill accordance with the bylaws estab- [ annually by the stockholders of this company. said annual election shall be held on the lst Tuesday of October of each year; the present | board being elected as soon after the adoptior 1 of these articles of incorporation as meeting | of such stockholders can be convened. the present board serving until the next ennua election, or until their successors are ouali. fled. No person IS eligible to be a direoto, ot this corporation who is not a stockholdeI thereof, and any director ceasiGg to be stock holder the office at once heoomrs vacant. an, may be filled by tue bo..rd of directors a their next meeting.
 The highest amount of indebtedness tbi corporation may incur for any purpose sbal not exceed over two thirds (sl of tte can;t, stock at. any time of this company.
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 The private property of the stockholders n thls corporation shall be exempt from. an,
 not liable in any cage for any of the debt created hy this corporation.
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 The board of directors af tl;s corporatior ] at the tune eI lts organization, shall consist c hye b members, who shall have power t ] elect the president, vice ce-president, secretar ana treasurer from their own number; also t make by-iaws, rules and regulation necessar to carry into execution the aff airs of this con panY; nothing shall be inconsistent with tn laws of the United States or the Territory C i Arizona.
 ) In witness whereof We have hereunto SC ] onr hands and affixed our seals this the I8t day 0i August, 1890.