Mohave County miner., 1893-02-25

require, and to issue tho bonds, notes or
other obligation VI said company for the
money no borrowed, and to mortgage.
pledge, transfer and convey the property
of said company, or any part thereof, as
security for the payment Of such obliga.
tions.
Sixth. The amount Of the authorized
capital stock Of said company is ONE NIL.
LION TWO HUNDRED AND nYrY THOUSAND
DOLLARS, which shall be divided into ONE
MILLION TWO HUNDRED AND FIFTY THOUSAND
shares of the face value Of osE DOLLAR
each. One million and fifty Thousand dol.
lars of the capital stock of said COMPANY
shall be used within twelve months from
the date Of the Incorporation Of said oom-
pany in purchasing mineral and other
lands, and in erecting mills for use and
operation in connection with the mining
operations Of said company. Two hundred
thousand dollars Of the capital stock Of
said company shall remain in the treasury
thereof, TO be disposed of in such manner
and for such purposes an may be provided
by the bylaws Of said company, or by
resolution of the Board Of Directors there
of.
Seventh. Said corporation shall COM
msnoe at the time of the fling Of these ar
ticies of incorporation in the Office of the
Recorder of said Mohave county, and shall
continue for the full and complete period
of twenty-five years from and after the
time Of such ilint.
Eighth. The affairs of said corporation
shall be conducted by board OF directors
10 consist Of five members, and b. pres
ident, vice-presldent, treasurer and secre-
tary and assistant t-secretary. who shall an
roc: ors from their number.
Ninth. The annual election of the stock
holders Of said company for the purpose Of
electlng said board of directors, shall be
held on the third Saturday ia February of
each year, and meetings Of the board of
directors of said &C "pany shall be held at
such time as may be provided BY the by
laws of said company.
Tenth. The Board Of Directors OF said
company shall have power to establish bv.
laws and 10 make all rules and regulations
deemed expedient for the management. of
the affairs of said company not inconsis.
tent with the constitution and laws of the
United States and of said territory.
Eleventh. The amount Of indebtedness
or liability to which said company may at
any time subject itself shall not exceed the
total capital stock Of said company. No
.,l. l.bt hall ha ,x-oo S.l h..
company unless authorized by vote of
the Board of Directors thereof, such action
of the Board of Directors to be entered up
on the minute book of said company.
Twelfth. The private property of the
stockholders and directors of said company
shall be exempt from all liability for the
payment of the debts Of said company, or
any part thereof.
IN WITNESS THEREOF we have
hereunto set our hands and seals this the
9th day of February, A. ID. 1898.
(sEAL) WIN. GELDER,
(sEAL) l.. l.. BAILEY.
(sgAL) caldwell. YEAMAN.
STATE OF COLORADO, So
County OF ABAPAHoE.
Before me, Otis @. Ham, Notary Pub
lio within and for the state and county
aforesaid, on this day personally appeared
William Gelder. l.. l.. Bailey and Caldwell
Yeaman, known TO me to be the persons
whose names are subscribed to the fcrego-
ing Articles of incorporation, and ac-
TO me that they executed the
same for the purposes therein expressed.
Given under my hand and Notarial seal
this 9th day Of February. A.
(sEAL) d. 1893.
OTIS G. HANN,
Notary Public.