Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1899-04-09

shan be the day Of fling these articles
OF Incorporation IN the office Of ire
County Recorder of the said County If
MaricCPa. and TINS termination thereof
shall be twenty-five t25J years there
after.
That the purposes for which it is
formed are fer The exploring Of Enc
IMMORAL resources of Arizona and pros
ppctine for mineral deposits, ana the
development and promoting in lie
Sitimatc way. he mining business Of
Arizona by prudent and business-likc
methods. and to seek for, and acquire
by location. purchase, lease, bond CT
other lawful contract, and to obtain
title to me1itOriOu5 mining property,
and to Improve ana develop the same,
to an extent that will invite inVestiga-
ticn and produce a sale of such prop
critics to investors with the d5sire and
purpose on the part Of this corporation.
Of selling no property to any one,
which is not melit0ri as ana - hold.
manage. control. dispose of sell and
convey, any or all such properties. as
any individual citizen might or could
do, for The benefit Of the stockholders
of this corporation.
The authorized capital stock Of this
corporation shall be Twenty-Five
Thousand Dollars. divided into One
Thousand q ,000) shares Of the par
value of twenty-five (25) dollars
each. and the time when. and the con
ditions upon which it is to BE- paid
are as follows, to-wit: The whole
4 int y
subscription therefor. and the said
stock shall be fully paid for before is
sued, and worcestershire thereafter.
The highest amount CT Indebtedness
to which this corporation is to subject
itself. or become liable for, is the sum
of Fifteen Thousand ($15,OOO) Dollars
Y.
The stockholders of this corporation.
and their private property shall be
exempt from the corporate debts Of
this corporation.
VI
The affairs of this corporation are
to be, and they shall be conducted by a
board OF directors. consisting Of seven
CD persons, who shall be elected an
nually by the stockholders from
in such manner. as shall be prescribed
by the bylaws OF this corporation, and
no person shall be eligible to the office
of director unless he is a st0ckhOlder
in this corporation.
The following named persons. Who
are subscribers to the capital stock OF
this corporation, shall constitute the
board OF directors CT this corporation
until the third Tuesday in January,
1900, and until their successors are
duly elected and qualified. to-wit:
William Christy. James G. Granville,
B. A. Ficbas. T. e. Dalton. J. c. Ad-
ANS, D. NJ Purman and J. G.
Evans. Any person ceasing to be q
stochl0lder shall cease to be ? di1eltor
and vacancies in The bcard Of directors
shall be fllcd by the remaining mem
bers Of the board.
Immediately. or as soon as f54acti-
cable, after tle filing OF these articles
in the Office of the county recorder OF
the said county of MaricCpa. tle par
ties named herein to serve as directors
until the third Tuesday in January.
1900, and until their successors are
duly elected and qualified. shall meet
and organize as a board Of directors
adopt bylaws and prescribe in said by
laws the method of calling meetings of |
the board OF directors, and of the
A majority of said di-
rectors shall be a quorum, and any
meeting Of said board at which
quorum is present skadI be deemed a |
regular meeting, and have the same
authority as q full board. Each share
of stock, at Il stockholders meeting. /
shall have one vote, when represented /
either by owner or his proxy.
VII
The officers of this corporation shall |
consist of president. vice-president. |