The Arizona sentinel., 1899-09-02
ARTICLES OF INCORPORATION
 OF THE YUMA COLORADO RIVER GOLD DREDGING COMPANY.

KNOW ALL MEN BY THESE PRES | ENTS: That we, the undersigned, T. W Brooks, " E, Marvin, O. II. Willis, Don ald Mcintyre, Samuel de Corse, James P. Buck, L. G. Stanchfeld, Frank Avila, ot Yuma, Yuma County, Territory of Ari zona, have associated ourselves together for the purpose Of forming @ corporation under and by virtue of the laws of the ter ritory 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 P. Buck, l.. G. Stanchtield, and Frank Ayila
 2-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.
 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 turtherance 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 i'm 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 specihed 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, leyees, viaducts, recievers, aquaducts, canals, bridges, embankments, and excava- tiOns across, under, and over any water course, lake, river, or stream, waterway, or pubhc highway, and to sell, lease, grant and dispose of mines, electricity, water and water rights thus secured, controlled, o- appropriated.
 5-The capital stock of said corporation shall be five hundred thousand dollar, C$500, 00000l divided into five thousand (5,000) shares of the par value of one hun dred dollars C$1OO.OO) each. The stock, O. any portion of it, may be issued at any time, by the board of directors, ill consider ation of property purchased by, for ser vices rendered to, or as security for meneys 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.
 1 7-The corporate existence of said cor poration shall commence upon the date O
 the filing of these articles of incorporation in the office of the county recorder o ;l Yuma County, Territory of Arizona, anC shall terminate twenty-five years there
 after.
 7.-The affairs of said corporation shal
 be managed by a board of five directors
 who shall be stockholders in the corpora
 tion; provided that in the event. at any
 time, of there not being as many as fyC
 stockholders, any other number not les 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 o the company, in Yuma, and shall perform
 the functions of their Ofhce until their sue
 cessors shall have been duly elected anC ! qualified, In the event, at any time, fth, death, resignation or disability of any di , rector the remaining members of the board may fill the vacancy by the election O some stoclholder The first board of dl rectors shall consist of T. w. Brooks, " E. Marvin, o. II. Willis, Donald McIntyr
 and James P. Buck, who shall hold thei
 offices from the date of the filing of thest
 articles in the office of the county recorde
 until the regular election and qualification
 as above provided for, or of their success
 ors.
 8-The officers of said corporation shal
 be a president vice president, secretary and treasurer, and such other officers a. the board of directors may from time t, time determine. They shall be elected annually, by the board of directors at tht first meeting after the election of such al rectors. The president and yice-presiden shall be members of the board of directors
 9-The highest amount of indebtedness said corporation shall at any time creat, shall not exceed the sum of one hundred thousand dollars C$1OO,O ,O0O.OOJ.
 1O-The private property of stQckholder: l of tb1s coPnOratiOn shall bp aVpt1pt from