The Arizona sentinel., 1899-10-07
ARTICLES OF INCORPORATION
 OFTHE YUMA COLORADO RIVER GOLD DREDGING COMPANY.

KNOW ALL MEN BY THESE PRES ENTS: That we, the undersigned, T. w |. Brooks, ". E, Marvin o. H. Willis, Don- aid Mcintyre, Samuel de Corse, James P. Buck, l.. C. Stanchfield Frank Avila, Ot una, Yuma County, Territory of Ari- zona, have associated ourselves together Tor the purpose of forming a corporation under and by virtue of the laws of the ter r2tory of Arizona and of the United States ot America, and do hereby adopt the fol lowing articles of incorporation, namely:
 1.-The names of the corporators are T. W. Brooks, ". E. Marvin, o. H. Willis. Donald Mcintyre, Samuel de Corse, James P. Buck, L. G. Stanchfeld, and Frank Avila
 1.-The name of the corporation shall be the 'Yuma Colorado River Gold Dredging Company"
 3-The principal place for the transac- ton Of the business of the corporation is and shall be Yuma, Yuma County, Terri tory of Arizona
 4-Ihe general nature of the business proposed to be transacted is the carrvine on or placer mining operations on the banks, bars and bed of the Colorado river. oy dredging or other process, and in the furtherance or development of such opera tlons the requirement by purchase, lease. location or otherwise, of placer mining or other grounds suitable for the nurnoses of this company; the purchase, manufacture and erection of such machinery or i'm proyements as may be deemed necessary Tn the carrying on of the business propos- ed; the inauguration and maintenance of desired transportation facilities, and the dolng of any and all other things necessary or incidental to the carrying out of the pur- poses hereinbefore specified; to buy, sell. lease, and deal in all kinds of pronertv real, personal and mixed mines, ores, electricity, water and water rights. fran chlses, goods, wares, merchandise and materials, and all the productions of this company; to locate, claim, divert, and oth- erWlse acquire and improve mineral lands. water and water rights, refining works and hlIIS; to locate, construct, acquire and maintain dams, tunnels, pipes, fumes. leyees, viaducts, recievers, auuaiucts l canals, bridges, entertainments, and excava- tons across, under, and over any water course, lake, river, or stream, waterway. Or pubic highway, and to sell, lease. grant and dispose of mines, electricity, water and water rights thus secured, controlled or appropriated
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 o-Ihe capital stock of said corporation shall be five hundred thousand dollars ($500,OOOG0l divided into five thousand (5,OOO) shares of the par value of one hun dred dollars CS1OO.OO) each. The stock. or any portion of it, may be issued at any tune, by the board of directors, in consider atlon Ot property purchased by, for ser wees rendered to, or as security for menevs borrowed by this corporation, or when sub sc1bed and paid for in cash. In all in stances the stock, when issued shall he fully paid up and non-assessable.
 1.-The corporate existence of said cor poration shall commence upon the date of the filing of these articles of incorporation III the office of the county recorder of Yuma County, Territory of Arizona. and shall terminate twenty-five years there after
 1.-The affairs of said corporation shall be managed by board of five directors who shall be stockholders in the corpora- ton; provided that in the event. at any time, of there not being as many as five stockholders, any other number not less than three may constitute a board of di rectors and transact the affairs of the cor poratiOn. These directors shall be elected annually by the stockholders of the cor PoratiOn at the regular stockholders meet ing, which shall be held on the first Non- day Of August, of each year, in the office of the company, in Yuma, and shall perform the functions of their ofhce until their snc- cessors shall have been duly elected and qualified, In the event, at any time, oftbe death, resignation or disability of any di rector the remaining members of the board may fill the vacancy by the election of some stOckholder. The first board of dI- rectors shall consist of T. w. Brooks, w. k. Marvin, o. H. Willis, Donald Mcintyre and James r. Buck, who shall hold their
 
 offices from the date of the filing of these articles in the office of the county recorder until the regular election and qualification. as above provided for, or of their success ors
 8-The officers of said corporation shall be president, vice president, secretary and treasurer, and such other officers as the board of directors may from time to time determine. They shall be elected annually, by the board of directors, at the first meeting after the election of such d. rectors. The president and ice-president shall be members of the board of directors.
 9The highest amount of indebtedness said corporation shall at any time create shall not exceed the sum of one hundred | thousand dollars C$1OO, ,OO0OO).
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