The Arizona sentinel., 1896-04-18

| Know all men by these presents, Ibat we the undersigned, Casper NJ. Sanger Frederick Homer, A. w. Poole, Edward Dexter and Frank NJ. Phelps, desiring to incorporate ourselves under the laws of the Territory of Arizona. for the purpose Of engaging in the business hereinafter speci- fled, do make, sign, adopt, acknowledge and publish these Articles of incorporation.
 ARTICLE
 The names ofthe persons hereby associat- ing themselves together for the purpose aforesaid are Casper NJ. Sanger, Frederick Homer, A. w Poole, Edward Dexter and kranK NJ. Prelps.
 .,, The name of the coporation hereby form ed is the NORTH AMERICAN INTER- COMPANY.
 The principal place for the transaction Of its business shall be in Yuma, in the Coun- ty of Yuma, Territory of Arizona, with an executive business, Branch and transfer office at San Francisco, State of California, with transfer office at Chicago State of Illinois, and business and tranfer office in the City of New York, Stale of New York
 
 regular and special meetings in said City of San Francisco, and, with the unanimous consent of the Board ofDirectors, may hold regular and special meetings of said Board in the City of New York; with the further privilege of acquiring mines, real and per sonal property, erecting and maintaining its plants, and transacting its business, and operating hitter mines in any part of the 1 United States; and dealing in hitter and the products and by-prnducts thereof as stated in this, and III Article II hereof,
 ARTICLE IT.
 The general nature Of the business pro posed.to he transacted by this corporation ! is to engagein a general mining business i for hitter, iA the variOus States and Terri tories of the United States, and tp deal in, refine and sell niter and al it's products and by-products. and to acquire, sell, Iease e and improve hitter mining claims. real and personal property, water and water rights, and to erect, construct, purchase, operate, sell and lease all machinery, mills, works, and plants, necessary and requisite for the mining and refining, transpOrtating and selling of hitter. and all it's products and by products and to purchase, own and ho;ti and to sell shares, ofstoch in otter corpora tions. To have perpetual succession; to sue and be sued by it's corporate name; to have common seal, and alter the same at pleasure; to prescribe tie mode of making s...siers yl suaTa- ar interests of is stock .oiders; to make contracts t0 acquire and transfer property. possessing rhe same powers g. such poets as private iudiri- daais DOW enjoy, t- establish hv-.ars. and make s.l rules and regulations deemed eE- ppdient for Encouragement Of is affairs. not inconsistent with the constitution and laws of the United,States and of the Terri tory of Arizona, as provided by section 233 of Revised Statutes of Arizona.
 ARTICLE III.
 The amount of the Capltal-Stock. of the corporation shall be ten million Q0,0O000O) dollars, divided into one hundred thousand 100000 shares of the par value of one hundred QO0) dollars each, and shall be non-assessahle, and be issued as fully paid np, and the several incorporators hereof each do hereby subscribe to one share each of stock respectively.
 ARTICLE ".
 The time of the com nencement of this corporation shall be the date of the filing of these Articles of Incorporation in the office of the County Recorder of the County of Yuma, Ter Nf .;. thereof shall be twenty-five, years there after. with the power to renew the period of extension not greater than twenty years upon the vote ot three ,fourths of the capital stock at any regular meeting called and held for that parpoSe.
 ARTICLE V.
 The affairs of this c rp pratiOn shall be managed lnd conducted by, and shall be vested ir a Board of Directors consisting of tixe. persons. to be elected by and from the stockholders of this corporation on the first Monday of February in each anI every year, at a meeting of this corporation to be held at Yuma. Yuma County, Arizona; provided the following namei stockholders shall serve as the Board of Di 'ectUrs until the regular election in Fe5rllry, 1897, and until their Ictei5Dr> are e.ect1l an q "a l. fled, viz: Casper NJ. $ ger, FteiGrick Homer, A. w. Poole, E lwar, Dexter, and Frank M. Phelps, and, provided further, that in the event of d vacancy in the B lard of Directors before any annual meeting, said vacancy may be filled by a majority of the remaining members of the Board of Directors then in office. And it is furthur provided that three members of the Board of Directors shall constitute a. quCrum for the transaction of business, and that any meeting of the B bard of Directors at which three Directors, or more, shall be present, shall be a legal meeting either with or without notice to themselves, or the other members.
 ARTICLE VI.
 Tine highest indebtedness, direct or in direct, to which this corporation shall at any tine be subject, shall net exceed bond ed indebtedness of three hundred thousand (30Q, ,000) dollars, and floating indebtedness of two hundred thousand t20J, J,OO0) dollars
 ARTICLE VII
 The private property Of the stockholders shall be exempt from the debts of this cor poration, ani no individuai liability of stockholders shall exist for corporate debts
 ARTICLE VIII.
 The Board of Directors shall have power to establish bylaws, name and signate the officers of the company, and make all necessary rules and regulations as may be by them deemed expedient for the manage ment uf this cprpDrItjOn, not inconsistent