The Arizona sentinel., 1899-09-09
ARTICLES OF INCORPORATION
 OF THE 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.. G. Stanchfield, Frank Avila, Ot Yuma, Yuma County, Territory of Ari- zona, have associated ourselves together for the purpose of forming a corporation under and by virtue of the laws of the ter rltory 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. H. Willis, Donald Mcintyre, Samuel de Corse, James F. Buck, L. G. Stanchfield and Frank Avila.
 2-The name of the corporation shall be the ''Yuma Colorado River Gold Dredging Company"
 3-The principal place for the transac- ton of tine business of the corporation is and shall be Yuma, Yuma County, Terri tory of Arizona.
 1.-The general nature of the business proposed to be transacted is the carrying on of placer mining operations on the banks, bars and bed of the Colorado river, by dredging or other process, and in the furtherance or development of such opera tions the requirement by purchase, lease, location or otherwise, of placer mining or other grounds suitable for the purposes of this company; the purchase, manufacture | and erection of such machinery or inn prOvements as may be deemed necessary in the carrying on of the business propos- ed; the inauguration and maintenance of desired transportation facilities, and the | doing 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 property, real, personal and mixed, mines, ores, electricity, water and water rights, fran chises, goods, wares, merchandise and
 materials, and all the productions of this
 company; to locate, claim, divert and oth-
 erwise 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, aquaduets, l canals, bridges, embankments, and excava-
 tiOns 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, o1 appropriated.
 5-The capital stock of said corporation | shall be five hundred thousand dollars CS5OO, ,00O.00J divided into five thousand | (5OOO shares of the par value of one hun | dred dollars C$10000) each. The stock, or
 any portion of it, may be issued at any l time, by the board of directors, in consider
 ation of property purchased by, for ser vices rendered to, or as security for moneys
 borrowed by this corporation, or when sub- Scribed and paid for in cash. In all in-
 stances the stock, when issued shall be
 fully paid up and non-assessable. | 7-The corporate existence of said cor | poration shall commence upon the date ot the filing of these articles of incorporation
 in the office of the county recorder of Yuma County, Territory of Arizona, and | shall terminate twenty-five years there after.
 7.-The affairs of said corporation shall
 be managed by board of five directors, who shall be stockholders in the corpora l tion; 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 Mon- day of August, of each year, in the office of the company, in Yuma, and shall perform the functions of their ofhce until their suc- cessors shall have been duly elected and qualified, In the event, at any time, ofthe 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. E. Marvin, O. H. Willis, Donald Mcintyre and James P. Buck, who shall hold their o1Rces rom 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
 0-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 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,OOOOO).