Arizona republican., 1895-04-16

anza Company and it's principal plec of trans acting bu usiness the city of PhpniT county of Naricopa, territory of Arizor a, and the time ot the commencement Of this corporation shall be the day of the filing of these Articles III the office of the County Recorder Of the county or Maricopa, in the territory of Arizona, and the termination thereof shall be twenty-five (25) years thereafter.
 The general nature Of the business proposed to be transacted Is the buying, selling and de. velopment of mines and mining property Of every description, the extraction, co centra- ton and reduction of ores by any process, the purchase and sale of bulllon, ores, lands. water, water-rights, mills machinery, merchandise, 1 timber, change; the acquiring and d1sposing of real and personal property, including the capital stock of other corporations, the making of contracts Of any nature. the doing of and dealing in everything necessary and incident 1 to the business of the corpol at1on, and gener- ally the exercise and possession of all the pow CTS and privileges that private individuals and natural persons now enjoy.
 | III.
 | The amount of the capital stock of this cor poratiOn shall be Six Hundred Thousand Dol lars ($60O OO0 00) divided into six thousand shares of the par value of One Hundred Dol lars s(S100.00) each and the time when and the conditions upon which it is to be paid in are as l follows, to-wit:
 The whole thereof is payable immediately upon the making of the subscription therefor and the said stock shall be fully paid within thirty days and before being issued and shall be inaccessible thereafter.
 ".
 The highest amount of indebtedness to which this corporation is at any time to sub- ject itself is Three Hundred Thousand Dol lars (S300,O00.00)
 V.
 The stockholders of this corporation and their private property shall be exempt from the corporate debts of this corpo ation. l VI.
 The affairs Of this corporation shall be con- lducted by board of directors consisting of five persons who shall be elected annually by and from amongst the stockholders at such time and in such manner as shall be prescribed by the bylaws of this corporation and who shall hold their office for the period of one Q) year and until their successors are duly elected and qualified and no person shall be eligible to the office of director unless he is a stockholdeI in the corporation; provided that said board oi directors may elect such officers and appoint such committees from their own number as they may see fit, to aid in the management oi the business and in the conducting of the af fairs of the corporation and may vest in such oficefs and ommittees all such powers as they may deem expedient.
 The following named persons who are sub scribers to the capital stock of this corporation shall constitute the board of directors of this corporation until the fourth Monday in March A D. 1896 and until their successors shall be duly elected and qualified, to-wit: Clark Churchill, D. M. Riordan, A. M. Ellsworth. c D. Baker and H. R. Patrick.
 Any person ceasing to be sIockholder shall cease to be a director. Vacancies in the board of directors shall be filed by the remainin members of the board. As soon as practicable after the filing of these articles as prescribet by law the persons named herein shall have power to and shall meet and organize as g board of directors, adopt by laws and make all rules and regulations deemed necessary and expo dient for the management of the affairs oi this corporation.
 In witness whereof we have hereunto set
 our hands and seals this 23d day of March
 A. D., 1895.
 | CLARK CHURCHILL, [sEALl DIM RIORDAN, [sEAL]
 M TTSWORTH TSEAI7