The Arizona sentinel., 1896-05-23

ana business duC lIdIlSleI OlIlCS III IIle City of New York, State of New York; and that the Board of Directors may hold re- gular and special meeting in said cities of San Francisco and New York, with the further privilege of acquiring mines, real and personal property, erecting and main taining it's plants, and transacting its busi- ness, and operating gold and other mines, in any part of the United States; and deal ing in gold and the products and by-pro- ducts thereof as stated in this, and in Ar ticle II thereof.
 ARTICLE IT.
 The general nature of the business pro- posed to be transacted by this Corporation is to engage in general mining business for gold and other metals, in the various States and Territories of the United States, and to deal in, acquire and sell gold and other metals, and all their products and by-pro- ducts, and to acquire, sell, lease and inn prove gold and other mineral 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 such gold and other mineral mining, transporting and selling of such products, and all Its by-products, and to purchase own and hold, and to sell shares of stock in this and other corporations; to have per petual 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 transfer of shares or in- | terests of its stockholders; to make con- tracts to acquire and transfer property, pos sessing the same powers in such respects as private individuals now enjoy; to establish bylaws and make all rules and regulations deemed expedient for the management of | its affairs, not inconsistent with the consti- tuition and laws of the United States and of the Territory of Arizona as provided by section two hundred and thirty-three t23S) of the Revised Statues of Arizona. ARTICLE III.
 The amount of the capital stock of the corporation shall be one million t$1 900, ,OOO.- | O, divided into one hundred thousand 100000 shares of the par value of ten dol ! lars (S1O.OO) each, and shall be non-assessi- ble, and be issued as fully paid up, and the several incorporators hereof each do hereby subscribe to one share each of stock respeo- lively, and the following are the names Of the persons by whom the same has been subscribed to wit:
 NAMES OF SUBSCRIBERS No. of shares. Robert Ash Chas. w. Pope John Cameron SimOnds
 Wm. H. Mcdonald A. ". Poole l ARTICLE "
 The time of the commencement of this corporation shall be the date of the filing ot these Articles of Incorporation in the office of the County Recorder of the County of Yuma, Territory of Arizona, and the termi- nation thereof shall be twenty-five years thereafter, with the power to renew, the period of extension rot greaterthan twenty five years, upon the vote of three-fourths of the capital stock at any regular meeting called and held for that purpose.
 ARTICLEV.
 The affairs of this corporation shall be managed 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, or in the city of San Francisco, State of Cali fornia, provided the following named stock holders shall serve at the Board of Directors until the regular election in February, 1897, and until their successors are elected and qualified, viz. Robert Ash, A. w. Poole, John Cameron Simonds, William H. Me Donald and Charles w. Pope; 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 a majority of the remaining members of the Board of Directors then in office. And 1t IS further provided that three members of the Board of Directors shall constitute aquorum forthe transaction of business, and that any meeting ofthe Board of Directors at which three Directors, or more, shall be present, shall be legal meeting and that notice of any and all meeting of the Board of Di- rectors shall be served personally or by registered mail, with sufficient time tol enable such Director, or Directors, to attend such meeting, or meetings.
 ARTICLE VI.
 The highest indebtedness, direct or in direct, to which this corporation shall at any time be subject, shall not exceed a bonded indebtedness of two hundred and l fifty thousand dollars and a floating in- | debtedness of one hundred thousand dol | lars.
 ARTICLE VII. The private property of the stockholders of this corporation shall be exempt from | the debts of this corporation, and no indi- vidual liability of stockholders shall exist for corporate debts.
 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, or pertain ing to the business of the company.
 ARTICLE TX.
 Notica of any and all roaa+inos o4 4l