The Arizona sentinel., 1891-09-05
ARTICLES OF INCORPORATION
OF HE DURANGO MINING AND SIMPLIFYING COMPANY
OF THE

DURANGO hFlNING AND SIMPLIFYING COMPANY. We, the undersigned, being desirous of forming Q corporation under and in accord ance with the laws of the Territory of Ari- zona, do hereby adopt the following articles of Incorporation:
 First, the names ef tue corpoiators 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 l City of Yuma, and Territory of Arizona, but the corporation proposes to carry on busi- ness in such other portion of the United States and the Republic of Mexico as may be found necessary for the proper conduct of it's business The time of the commence ment of this corporation shall be the daJ of of filing of these Articles in the office of the l County Recorder of the County Of Yuma, | Territory of Arizona, and the termination thereof shall be twenty-five years there after.
 Third, the amount of capital stock au- thorized is i've million dollars divided into l five hundred thousand shares of the par val ue of ten dollars each, and which Is to be paid in cash or property within 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 refining the same; l and the doing of all things incidental to I such a business or necessarily connected herewith.
 1 Sixth, the stockholders in this corporation and their private property, shall be exempt | from the corporate debts of this corporation. Seventh, the affairs of this corporation shall be conducted by Board Of Directors consisting of five person who are stock holders. Election of Directors by the stock holders shall be held on the third Wednes- day of May, 1892, and annually thereafter: In event that an annual election is not held on the day specified, the old Board shall continue with full power until their sue cessors, duly qualified, shall be elected. The officers to be chosen by the Board of Directors SEall De a EfeSloenG, oeCIetdl J !,
 Treasurer, and at the option Of the Board
 of Directors President, Superintend-
 ent and an Executive Committee. The
 Board of Directors, till the third Wednes- day of May, 1892, and until their success.
 ors, duly qualified, shall be elected, shall
 be Curtis Coe Bean, J. Nj. Linehan, Charles
 G. Mitchell, Thomas J. Hand and c. H.
 Dillingham;. Vacancies in the Board o1
 Directors shall be filled by the remaining
 members of tho Board. As soon as. practic
 able after filing these Articles in the offic'
 of the County Recorder in the County O
 Yuma, Territory of Arizona, the persons
 named herein as Directors, to serve untl
 the third Wednesday of May, 1892, shal
 meet and organize as a Board of Directors
 elect officers, and adopt "By-Laws."
 majority of the Board of Directors shall b
 quorum and any meeting of said Board a
 which quorum is present, shall be deeme
 a regular meeting and have the same au
 thority as full Board.
 la testimony whereof, we have hereunt
 set our hands and seals this 20th day of May
 1891.
 Cr-1rr,C DI,IN