The Arizona sentinel., 1896-05-23
YUMA, ARIZONA, SATURDAY, MAY 23, 1896.
ARTICLES OF INCORPORATION
 of the NORTH AMERICAN INTER co.

Know ail men by these presents, That we the undersigned, Casper M. Sanger, Frederick Homer, A. w. Poole, Edward Dexter and Frank M. Phelps, desiring to incorporate ourselves under the laws of the Territory of Arizona, for the purpose of engaSing in the business hereinafter speci- fled, do make, sign, adopt, acknowledge and publish these Articles of Incorporation.
 ARTICLEI.
 The names ofthe persons hereby assoelat- 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 corporation 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, State of New York; 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 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 United States; and dealing in hitter and the products and by-products thereof as stated in this, and Tn Article II hereof.
 ARTICLE 1T.
 The general nature of the buslness pro posed to be transacted by this corporation is to engage in 6 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 hitter mining claims. real and personal property, water and water rights, and to erect, construct purchase, operate, sell and lease all machi1ety, mills, works, and plants, necessary and requisite for the mining and refining, transportating and selling of hitter. and all its products and by and to purchase, own and hold, and to sell shares, ofstock in Other corpora ions. To have perpetual succession; to sue and be sued by its corporate name; to have a 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- luals now enjoy; 10 establish Ly-laws, and make all rules and regulations deemed ex- Dedient for the management of its affairs, lot inconsistent with the constitution and avs of the United States and of the Terri .ory of Arizona, as provided by section 233 of Revised Statutes of Arizona.
 ARTICLE III.
 The amount of the Capltal-Stock of the shall be ten million Q0,000, ,000) dollars, divided into one hundred thousand 100000 shares of the par value of one hundred QOO) dollars each, and shall be and be issued as fully paid up, and the several incorporatots' hereof each do hereby subscribe to one Share each of stock respectively.
 ARTICLE ".
 The time of the commencement of this shall be the date of the filing eff 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 years upon the vote of ee-fourths of the capital stock at any regular meeting called and held for that purpose.
 ARTICLE V.
 The affairs of this corporation shall be and conducted by, and shall be vested in a 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 quali- fled, viz: Casper M. Sanger, Frederick Homer, A. ". Poole, Edward Dexter, and Frank NJ. Phelps, and, provided further, hot iY,t ,a Ofo I,, Ro ,.1 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 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 a legal meeting either with or without notice to themselves, or the other members.
 ARTICLE VT.
 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 (3O00 000) dollars, and afioating indebtedness of two hundred thousand (2OO,OOO) dollars
 ARTICLE VII.
 The private property of the stockholders shall be exempt from the debts of this cor poration, and mo individual liability of shall exist for corporate debts.
 ARTICLENIIH.
 The Board of Directors shall have power so establish bylaws, name and designate the officers of the company, and make all rules and regulations as may be by them deemed eXpedient for the manage