Arizona republican., 1893-03-09

dispose OF the same or any part or parcel
thereof a: such times and upon such terms as
shall be deemed necessary or as may be con
venient; convey the said property or any part
or portion OF the same, whether by deed, lease,
mortgage or otherwise, as may seem At or
profitable and generally do and perform any
and all acts and things n,and about a mining
business and in and about the premises as may
be requisite and necessary to the end TO execute
all and every the matters and things for the
purposes aforesaid.
The amount OF the capital stock of said cor
poration is One Hundred and Fifty Thousand
$3.50 OOO) Dollars divided into Fifteen Thousa nd
,l5,OOO) shares Of Ten $1,000 dollars each.
The times when and the conditions upon
which the same is to be paid in, are when and
as each share is subscribed for, and when issu-
ed the same shall be fully paid, and such sub
scrptions shall be on condition only tina: no
stock OF said corporation shall be issued until
the same be fully paid up according to the par
value thereof, and II not fully paid when issu-
ed and ready for delivery, all sums Heretofore
paid upon such subscriptions, less than the par
value of Ten Dollars $1,000 on any share issued
and ready for delivery, upon the demand being
made for the unpaid par value OF any such
and upon demand aforehsaid, then and in such
case all amounts heretofore paid on any one
share, less than the par value thereof shall be
forfeited to said corporation.
~.
The time OF the commencement of said cor
poration shall be on the first wedne day OF
March, A. D., 1893 and continue for and
terminate at the expiration of twenty five
~ md aft ha dat ~ he dlipy
of the articles of Incorporation, unless sooner
dissolved under the provisions OF the laws OF
said Territory, now in force and under which
this corporation is formed.
"
The officers or persons who shall,conduct the
affairs of said corporation are to be a board OF
directors, consisting of three stockholders, to
be chosen and elected from among the stock
holders on said first Wednesday of March, A.
D., 1898. and on the first Wednesday of March
of each year thereafter during the term hereby
created, which election and the officers TO be
elected by such boards of directors, as well as
the duties of each, shall be provided for by the
| bylaws of said company adopted at meeting
of the stockholders hereof.
VI
The highest amount of indebtedness or
] lhDllllls ulIttL OF NNuLinstnLs W Nnltu hHll
corporation shall at any time be subject is One
Hundred Thousand Dollars
VII.
The private property Of the stockholders of
this corporation is hereby declared exempt
from the corporate, debts of said corporation,
and the private property of any person owning
stock herein shall in no wise, be responsible,
nor shall the private property of any stock
holder be subject to the debts OF said corpora
ton. or any part of such debts.
IN WITNESS WHEREOF. we the persons above
named as incorporators, have hereunto set
our hands and seal this first day of March, A.
D., 1898.
JOHN c. HURLEY, l. 81
WILLIAM B. LONG, H. 81
TERRITORY OF ARIZONA 90
COUNTY OF MARICoPA. 90
Before me, f. T. Little, a Notary Public
within and for the County Of Maricopa and
Territory of Arizona, this day personally sp-
peared John C. Hurley and William B. Long,
known to me TO be the same persons whose
names are subscribed to the foregoing instru-
ment OF writing and acknowledged to me that
they executed the same for the purposes and
considerations therein expressed
Given under my hand and seal of Office this
[sEALl first day of March, A. D., 1898.
Il. T. LITTLE.
Notary Public.