Arizona republican., 1895-04-17

ANA Company and its principal place of trans
acting bu siness the city OF Phoenix, county OF
Maricopa, territory of Arizona, and the time OF
the commencement Of this corporation shall be
the day OF the filing of these Articles IN the
office of the County Recorder OF the County OF
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 certra-
ton and reduction Of ores by any process, the
purchase and sale OF bullion. ores, lands water,
water-rights, mills, machinery, merchandise,
TIMBER e5 change; the acquiring and d1sposlng
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
to the business of the corporation, and gener-
ally the exercise and possession of all the pow
ers and privileges that private individuals and
natural persons now enjoy.
Ill.
The amount of the capital stock of this cor
poration shall be Six Hundred Thousand Dol
lars (s60OOO0OO) divided into six thousand
shares of the par value of One Hundred Dol
lars ($100.00) each and the time when and the
conditions upon which it is to be paid in are as
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 (s3O0,0Go. 00)
The stockholders of this corporation and
their private property shall be exempt from
the corporate debts of this corporation.
VI.
The affairs of this corporation shall be con-
Quoted 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 N amer as shall be prescribed
by the bylaws of this corporation and who
| shall hold their Office for the period of one ~
year and until their successors are duly elected
and qualified and no person shall be eligible to
the Office of director unless he is stakeholder
in the corporation. provided thst said board of
directors may elect such officers and appoint
such committees from their own number as
they may see fit, to aid in the management of
| the business and in the conducting of the af-
| fairs of the corporation and may vest in such
| officers and committees 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 u. 1896 and until their successors shall be
| duly elected and qualified, to-wit: Clark
Churchill, D. M. Riordan, A. NJ. Ellsworth, C.
D. Baker and H R. Patrick.
Any person ceasing to be sIockholder shall
| cease to be 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 prescTi bee
| by law, the persons named herein shall have
| power to and shall meet and organize as a
| board of directors, adopt laws and make all
| rules and regulations deemed necessary and
| expe dent for the management of the affairs of
| this corporation.
In witness whereof we have hereunto set
our hands and seals this 23d day of March
A. D., 1895.
CLARK CHURCHILL, [sEAL]
D. M. RIORDAN [sEALl
A. NJ. ELLSWORTH [sEALl
C. u. BAKER, [sEALl
HERBERTR. PATRICK, [sEALl