The Arizona sentinel., 1899-10-21
ARTICLES OF INCORPORATION
 OFTHE YUMA COLORADO RIVER GOLD DREDGING COMPANY.

AA-'O " ALL MEN D1 1dESE PRES- ENTS: That we, the undersigned, T. W. Brooks, W. E, Marvin, O. H. Willis, Don- ald Mcintyre, Samuel de Corse, James P. Buck, l.. G. 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 fer | rtory Of Arizona and of the United States of America, and do hereby adopt the fol. | lowing articles of incorporation, namely. 1.-The names of the corporators are T W. Brooks, W. E. Marvin, o. II. Willis Donald Mcintyre, Samuel de Corse James F. Buck, L. G. Stanchfield, and Frank Avila.
 z-Ihe name of the corporation shall be the Yuma Colorado River Gold Dredging Company"
 5-fhe principal place for the transac- ton of the business of the corporation is and shall be Yuma, Yuma County. Terri tory of Arizona.
 4-1he general nature of the business proposed to be transacted is the carrvino on of placer mining operations on the oahkS' bars and bed of the Colorado river. oy dredging or other process, and in the Lurtherance or development of such onera- tlohs the requirement by purchase. lease location or otherwise, of placer mining or other grounds suitable for the nnrnoses of thls company; the purchase, manufacture ana erection of such machinery or inn ProFements as may be deemed necessary Ill the carrying on of the business propos- ca; the inauguration and maintenance of oeslred transportation facilities. and tbe uolhS ot 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 propertv real, personal and mixed, mines. ores, electrlclty, 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 mills; to locate, construct, acquire and maintain dams, tunnels, pipes. fumes levees, viaducts, recievers, aouaducts canals, bridges, embankments, and excava. tlons across, under, and over any water course, lake, river, or stream, waterway Or publlc highway, and to sell, lease, grant and dispose of mines, electricity, water anC water rights thus secured, controlled. Q, appropriated
 o-Ihe capital stock of said corporation shall be five hundred thousand dollar, $5O,0OOO), divided into five thousand (3eo0} shares of the par value of one hun cred dollars C$1O0.00) each. The stock. O, 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 menev. borrowed by this corporation, or when sub scnbed and paid for in cash. In all in stances the stock, when issued shall h, fully paid up and non- n-assessable.
 OIhe corporate existence of said cor Poratlon shall commence upon the date O the hing of these articles of incorporation Tn the office of the county recorder O
 Yuma County, Territory of Arizona. ant shalI terminate twenty-five years there after.
 1.-The affairs of said corporation shal be managed by board of five directors who shall be stockholders in the corpora- uoh; provided that in the event, at any tune, ot 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 Poratlon at the regular stockholders meet ing, which shall be held on the first Mon. day of August, of each year, in the office ot the company, in Yuma, and shall perform the functions of their ofhce until their sue. cessors shall have been duly elected and qualified, In the event, at any time. oftbC 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 dl- rectors shall consist of T. w. Brooks, w. k. Marvin, o. H. Willis, Donald Mcintyre and James P. Buck, who shall hold their l 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.
 o-Ihe 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 tune determine. They shall be elected annually, by the board of directors, at the hrst meeting after the election of such d. rectors. The president and vice. president shall be members of the board of directors.
 9-The highest amount of indebtedness said corporation shall at any time create shall not exceed the sum of one hundred thousand dollars C$1OO,OOO.OO).
 1o-The private property of stockholders of this cOrDOr9tiOO shall ba f-o,,,