The Arizona sentinel., 1891-10-03
ARTICLES OF lNCORpORsTI0a
DURANGO MlNING AND smEr1lna COMPANY.
OF THE

] We, the undersigned, being desirous of 1 forming corporation under and in accord
 ance with the laws of the Territory of Ari-
 zona, do hereby adopt the following articles
 of Incorporation:
 l First, the names of the corpotators are ! Curtis Coe Bean, Thomas J. Hand and c. H. Dilligham, who, with their associates, shall constitute the Board of Directors for
 the first year.
 Second, the name of the corporation is
 the Durango Mining and Smelling Company | The principal place of business shall be the
 City of Yuma, and Territory of Arizona, but
 the corporation proposes to carry on bust
 ness in such other portion of tue United States and the Republic of Mexico as may | be found necessary for the proper conduct 1 of its business. The time of the commence ment of this corporation shall be the da; of of filing of these Articles in the office of the 1 County Recorder of the County of Yuma, l Territory of Arizona, and the termination thereof shall be twenty-five years there after.
 i Third, the amount of capital stock au- thorized is five million dollars divided into ! five hundred thousand shares of the par val
 ue of ten dollars each, and which is to be
 paid in cash or property " ithin one year.
 Fourth, the highest amount of indebted
 ness or liability to which this corporation
 shall subject itself, shall be one million dol
 lars.
 Fifth. the corporation proposes to engage | in the business of placer mining; operating, developing and improving mineral and other lands owned or controlled by the company; mining, boring; digging for and otherwise Ob- taining from the earth gold, silver and other mineral ores; oil, coal, and stones; milling, smelting, reducing and retiring the same; and the doing of all things incidental tc such a business or necessarily cOnnected | herewith. Sixth, the stockholders in this corporation ] and their private property, shall be eXempF 1 from the corporate debts of this corporation. Seventh, the affairs of this corporation shall be conducted by Board of Directors consisting of tive person Who are stock ! holders. Election of Directors by the stock 1 holders shall DC held on the third Wednes- day of May. 1892, aud annually thereafter: | In event that an annual election is not he'd
 OH the day specified, the old Board shail
 continue with full power until their suc- l cessors, duly qualified, shall be electeG. 1 The officers to be chosen by the Board f l Directors shall be a President, Secyersrl 1 Treasurer, and at the option 2f the Boa
 of Directors Vice President, Superinten,-
 ent and au Executive Ccmmistee 1.e Board of Directors. til the third Wedns
 day of May. 1892, and urtii 'heir succ,
 ors, duly qualified, shall be elecsed,
 be Curtis toe Bean, j. M Liie,.an. Ct.t
 G. Mitchell, Thomas,J. Hard aad (,
 Dillingham;. Vacancies ia the Boar f
 Directors shall be filled b. the rerti-li. g
 members of the Board. As soon as Y,er.
 able after filing these Articles iD the otH
 of the County Recorder in tue County c.. Yuma, Territory of Arizona, the persor
 named herein as Directors, to serve unti
 the third "Wednesday of May, 1892, sh;:l
 meet and organize as Board of Directors,
 elect officers, and adopt "By Lays" 2
 majority of the Board of Directors shall bt
 d quorum and any meeting of said Board al l which a quorum is present, shall be deemed regular meeting and have the same a';- thority as full Board.
 In testimony whereof, we have hereuut'
 set OUT hands and seals this 10th day of Ma !