Arizona silver belt., 1899-07-13
Articles of Incorporation
East Verde Mining and
 Smelting Company.
OF THE

"'' '''h ''Nh''NhNbcis Ntittt t'Ne-' " Hi' M, Beckett, Wm, B. Christian and James T. Christian of the firm of Christian Bros. James NJ Scammon, John T. Johnson, A, II. Bailey, Wm. F. Rankin, Conrad Stickrod, Henry II, Clayton, FrediS. Wanger, Albert Schoenleber, desiring to organize ourselves into . corporation under the provisions of the laws of the Territory oi Arizona, and es- pecially an act of the Legislature assembly 1 concerning corporations approved March S 1887, for the purpose of engaging in the law ful enterprise and business pursuit hereinafter specified, do make, subscribe and acknowledge according to law these articles of incorpora. , tiou,
 First-The name of this corporation shall be The East Verde Mining and Smelling Company,
 Secondhand it's principal place of busi- ness shall be at Payson, in the county of | Gila, in the Territory of Arizona, with branch office in Rockport, Atchison county, state of Missouri, for the purpose of transact | ing any and all business of any kind and de- l scription whatsoever; and also at Payson, in the county of Gila, and the Territory of Ari- zonia.
 Third-The general nature of the business proposed to be transacted is mining, and incl dentally to acquire by location, purchase or otherwise mines of copper, gold, silver, lead, coal and mines of all other kinds and nature whatever; and to operate lease or sell the same; to erect and maintain mills and reduc- tion works, concentrators and concentrating works and any and all kinds of mining andmill- ing machinery; to acquire, costruct and own and operate tramwayS, railways, turnpikes and canals to lead from principal works or place of business to an existing railroad, navagable stream, or turnpike or public highway; to do a general merchandise business erect and maintain boarding houses, to acquire by pur chase, location, or and iG other lawful manner real estate, lands and all other kinds of prop erty, real, personal and mixed, transacting any and all kinds of business which may be trans acted by natural person; to hod cultivate, prove up, use and enjoy the same and to al- tent. sell, lease, demise and dispose of the same or any part thereof, as well as any other property this corporation possesses, be siezed of or entitled to, to pay out construct and ac- quire by purchase or in other lawful manner and accept, hold, possess and operate use | franchises from any state or territory or any county or municipal corporation or private | corporation mills, wagon roads, houses, fac | tories, capital stock and bonds of corporation chattles. goods, wares and merchandise. choses
 in action, to manufacture sell and deal in any and all kinds of property, real, personal and mixed. Electrical and other appliances fer driving machinery, motor power for propel- ling any and all kinds of appliances; tele | phone and telegraph lines and electric lights; to borrow money and contract to repay the same at such times and with such sales of in terest as its board of directors may deem proper; to mortgage or.pledge any or all of the property owned or which this company may acquire; to secure payment of such money with interest or to secure the payment of any debts of the corporation, with such interest as said company may be obliged to pay; and such other enterprises as this corporation by means of this board of directors determine and di. rect.
 FOurth-The time of commencement of this corporation shall be the day of filing of | these articles for record in the office of the | county recorder of the counsy of Gila, in the Territory of Arizona, and the termination thereof shall be twenty-five years thereafter. Fifth-The amount of the capital stock of this corporation shall be one million five hund- red thousand dollars q ,5OO, ,00O), divided into | l,J00, 600 shares. of the par value of sl.O0, fully paid up, and forever non. .assessable; and the times and conditions upon which it is to he paid as follows: The whole capital stock to be paid in property necessary for the pur- pose of this corporation upon resolution of 1 the board of directors and satisfactory eyi- dence of title and value to the board of direc- tors.
 Sixth-Tle affairs of this corporation shall be conducted by board of directors consist ing of seven T) persons, who shall be elected annually in December by the stockholders at such time and in such manner as may be prescribed by the bylaws.
 All members of tte first board shall be sub scribers to this certificate, and thereafter no person shall be member of the board of di- rectors unless he is stockholder in this corpor- ation. Said board of directors shall have power to i'll vacancies in their number, and may elect such officers and appoint such com mittee from their own number to aid in the management of the business, and in the con ducting of the affairs of said corporation, as they may see fit, and vest in such officers and deem eXpedient.
 The following named persons who are sub scribed hereto shall constitute the board of dI- rectors of the corporation for the first year and until their successors duly qualified shall be elected, to wit: Conrad Deatz, Henry II. Clayton, Vim. NJ. Beckett, Win F. Rankin, Wm. B. Christian, John T. Johnson, James NJ. Scammon, and thereafter if any director shall cease to be stocllholder he shall cease to be director Immediately, or as soon as practicable after the filling of these articles in the office of the county recorder of the county VI Gila, Territory of Arizona, the persons pamed herein as directors to serve for the first year. and until their successors duly qualified shall be elected, shall meet and organize as a board of directors, adopt bylaws. and pre- scribe iB said bylaws the method of calling meetings ef the board of directors and stock holders
 Seventh This company shall not be iable for any indebtedness at any time for any amount in excess of twenty thousand dollars (s20.000).
 Eiehtb-The stockholders of this corpora tiop and their private property shall be ex- e,ept from liability of the debts of this cor poratioB.
 Ninth The board uf directors oi this cor. por,.ion shall have power to establish bylaws o,d ,oale all r,,las ueoesSarv for the manaUc-