The Arizona sentinel., 1896-05-30
ARTICLES OF INCORPORATf0N
 of the NORTH AMERICAN INTER- co.

Dexter and Frank H. Phelps, desiring tC incorporate ourselves under the laws of the Territory of Arizona, for the purpose ot engaging in the business hereinafter speci- fled, do make, sign, adopt. acknowledge and publish these Articles of Incorporation.
 ARTICLE.I.
 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 Frank M. Phelps.
 The name of the cooperation hereby form- ed is the NORTH AMERICAN, INTER- COMPANY.
 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 a business and tranfer office in the City of New York, State of New York; i; and that the Board of Directors may hold regular and special meetings in said City of San Francisco and, with. the unanimous consent of the Board of Directors, 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 transaetihg it's business, and operating hitter mines in any part of the United States; and dealing in hitter and the products and by-products thereof as stated in this, and Tn Article IEhereof.
 ARTICLE II.
 The general nature of the business pro posed to be transacted by this corporation is to engagein a general mining business for hitter, in the various States and Terri tories of the United States, and to deal in, refine and sell hitter, and all its products and by-products, and to acquire, sell, lease and improve niter 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 its products and by products, and to purchase, own and hold, and to sell shares, ofstock in other 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 the mode of making transfers of shares, or interests of its stock holders; to make contracts to acquire and transfer property, possessing the same powers in such respects as private indivi- duals now enjoy; 10 establish bylaws, and make all rules and regulations deemed ex- pedient for the management of it's 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-Sto of the corporation shall be ten million QO,OOO, ,OoO) dollars, divided into one hundred thousand (1OO,OOO) shares of the par value of one hundred QO0) dollars each, and shall be non-assessable, and be issued as fully paid up, and the several incorporators hereof each do hereby subscribe to one share each of stock respectively.
 ARTICLE ".
 The time of the commencement 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 ritory of Arizona, and the termination thereof shall be twenty-five years there after, with the power to renew the period of extension not greater than twenty-five capital stock at any regular meeting called and held for that purpose.
 ARTICLE V.
 The affairs of this corporation shall be managed and conducted by, and shall be vested in Board of Directors consisting of five persons. to be elected by and from the stockholders of this corporation on the first Monday of February in each and every year, at meeting of this corporation to be held at Yuma, Yuma County, Arizona; provided the following named stockholders shall serve as the Board of Directors until the regular election in February, 1897, and until their successors are elected and quail fed, viz: Casper M. Sanger, Frederick Homer, A. w. Poole, Edward Dexter, and Frank M. Phelps, and, provided further, that in the event of a vacancy in the Board of Directors before any annual meeting, said vacancy may be filled by 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 quorum for the transaction of business, and that any meeting of the Board of Directors at which three Directors, or more, shall be present, shall be legal meeting either with or without notice to themselves, or the other members.
 ARTICLE VI.
 The highest indebtedness, direct or in direct, to which this corporation shall at any tine be subject, shall not exceed a bond ed indebtedness of three hundred thousand 0O,OOO) dollars, and a floating indebtedness of two hundred thousand (2OO, ,OO0) dollars.
 ARTICLE VII.
 The private property of the stockholders shall be exempt from the debts of this cor poration, and no individual liability of stockholders shall exist for corporate debts. "1S =. =
 ARTICLE VIII.
 
 The Board of Directors shall have power to establish bylaws, name and designate the officers of the company, and make all necessary rules and regulations as may be by them deemed expedient for the manage ment of this corporation, not inconsistent with the laws of the United States and the laws of the Territory of Arizona; and to enter into all contracts allowed by or per