The Arizona sentinel., 1896-05-16
ARTICLES OF INCORPORATION
 of the NORTH AMERICAN INTER co.

IA4SOl OURSELVES lllUGI lllS lttNS Ol LII
 Territory of Arizona, for the purpose C engaging in the business hereinafter spec fled, do make, signo adopt, acknowledge an
 publish these Articles of Incorporation. ARTICLE
 The names ofthe persons hereby assoclat ing themselves together for the purpos aforesaid are Casper Nj. Sanger, Fredericl Homer, 4. w. Poole, Edward Dexter anC Frank NJ. Phelps. o.. .,., [ The name of the corporation hereby form ] ed is the NORTH AMERICAN NITEI 1 COMPANY.
 The principal place for the transaction O its business shall be in Yuma, in the <Coun ty of Yuma, Territory of Arizona, with al executive, business, branch and transfer office at San Francisco, State of California with a transfer office at Chicago, State oI Illinois, and business and tranfer office iI the City of New York, Staie 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 l in the City of New York; with the further privilege of acquiring mines, real and per sonal property, erecting and maintaining 1 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 II.
 The general nature of the business pro posed to be transacted by this corporation is to engagein 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 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 hold, and to sell shares, ofstOCk in other corpora tiOns. 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- duals now enjoy; to establish bylaws, and make all rules ndregulations 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 CapItal-StOck of the corporation shall be ten million Q0,000, ,0O0) dollars, divided into one hundred thousand Q00O0O shares of the par value of one hundred (100) dollars each, and shall be -assessable, and be issued as fully paid 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 years upon the vote of three -fourths of the 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 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 duali- fled, viz: Casper NJ. Sanger, Frederick Homer, A. W. Poole, Edward Dexter, and Frank Nj. Phelps, and, provided further, that in the event of 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 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 VI
 The highest indebtedness, direct or in direct, to which this corporation shall at any tine be subject, shall not exceed @ bond ed indebtedness of three hundred thousand (3OO,0G9t dollars, and floating indebtedness of two hundred thousand (200,000) dollars.
 ARTICLE VII.
 The private property of the stockholders 1 shall be exempt from the debts of this cor ! poration, and no individual liability of stockholders shall exist for corporate debts.
 ARTICLE VIII.
 The Board of Directors shall have power 1 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 l laws ot the Territory of Arizona; and to { enter into all contracts allowed by, or per tanning to the business of the company.