Arizona silver belt., 1900-01-04


 puS'he Is m the cIty ot Phila,ielphia 'unty of fhilalvn,hia, State ot Iehnsl wanna, and iJ shall haNu branch "tnevs for the purpose of tra,lSaelny any and all business oi any kind anu nature wnstsu. oNer, m th" town If tlobe, County of Dia ieifitory al Arizona. amt at such other places as the stockhuiuels nay from um, to time designate.
 second The general nature nf the business proposed tu be transacted |, nnlup anu as incidental thereto this enr,,,i- "e'on proposes to acquile by location, purchase, ur otherwise, mines ot cop, l'e g",d, silver l,,,d, coal, ant mines ,i al other kinds na nature whatsoever: and u "per'tte, lease or Sell Lhe s.lne. lo erect anu hiaintain iniiIs, reduction wor"s, teaching plants, conv,hIlalus, and uunrentrat ns works, and any amt all kinds oi mnins a.d mln ing machinery; to acquiie, c,Ls,ruct and own anu operate railways, tTamw,.ls, turu- i'lkes and e.,"ssls to lead from i,s princl, al W"f~s ar place ui business tu suine lisiN I.i,i.c stream. or tu some eNIslnlp, rtiIra,,i, luruplke of puhlc hiSnway; to cree ,upvr,tte anu lnoin- tam b"ardihS houses, hotels; tu du a general hierch'iie'ise business, {" acquire by putcnase location, and in any ethe, lawful manner. real estate, lauus, ana all other kiu,s Ji pratrrt> real personal and mixed, !" lay out cuu. struct and asquire, ny purchase or ln an, other iawfui inanner. and accept, hold, possess enJny operate, use franchises tru.u aIry slaLt. ar territory, uf the United States or any caunty, municipal ar pri,a,e cor. puiatiun, wagon roads, mills. ia,luries, houses, capital stock anu bonds ut cur- p'iatioils, chattels, giods, wares end melch- ahdise, choses In action, Ia nuy m,nutac, ,urt sell ana dei, in all k,nds ol prnpert, real, pelson'l and nhxed, electrical appliances Tor triNing machinery, motor poAer iur ptupell- itig any anu all kinds nf mechanical appliances where electricity Is applicable, telephone and telegraph lines, electric lishts; transactiIg any and all kinds of business which may be transacted D, natural persun; to hold, cul- tNate prove up, use and enjoy the same and to alienate, sell, lease. demise and dispose ut tne same or any part thereof as well us any other property this corporation pusse,ses, be seized of CT be entitled to;tu borrow money and contract to repay the same at such time or times anu with such r,tes ot interest as it's board of directors may deem pruper and see 1t, and to hypothesate, niortysge or ple,ige all ar any part O. the property which ths cor poration may hereafter acquire; to secure payment of such money with interest ur to secure the paynientnf any aebt of this corpora. tion, with such interest thereon as 1t may be legally obliged to pay.
 Third -t tne amount of the capital stock of this co, poration shall be two niihun dollars t2,OOO,O ,OOOl di.ideu into two hund, ed thousand t2OO OO0l shares. of the par value of ten dollars tSi0) each, aud the time when and tile cundi- tiOns upon which it is to be paid are as fol- lows, to-wit: The whole of said capital stock shall be paid in in property necessary tor the purposes ut the corporation upon resolution pf the Board vf Directors, and evidence of title and value satisfactory to them. Fourth-The elme of the commencement of this corporation shall Ice the day uf iilin,, uf these articles for record in the orhce of the county recu,der of the county of diia in the Territory of Arizona. and the terninatiun thereof shall be twenty-five (25l Years there alter
 Fifth- The affairs of this corporation are to be and they shall be conducted l,y Board of Directors, consisting uf thirteen u3j persons, wh" shall ue elected annually on the hrst Aniday after the hrst ues,ay in Deceluuer. or as soon thereafter as practicable, by the stpckhod, is at such tune and manner as shall be prescribed by the bylaws of this cor. poratiln; ant hereafter no person shall Ee eligible to the oftce of Director unless he is i stoekholuer iu the corporation said Board ot Directors shali have i,ll power tp i'll ,acan- cies in their numi,er anj may elect such othcers and appoint such committee or com mites from their "v II number tO aid in the mana cement oi the business, and iu cunduct- ing of the affairs of the sald corporation ts they may see nit. and vest in such officers and m said c,snmitteesall such pow ers as they ruay deein expedl-nt. The following naned per sons who a,e subscribers heieto. sha. consti tute the Board of Directors ot this ccrpnra- tinu for tre hrst year and until their saccess- ors duly uui,ired, shall be clectet, to-wit: James A. Fleming, Pprter w. Fleming, John T. Donnellan, Henry A. Try, Charles E.. Coloney, E. |. Houston, c. W. Potts, S. Davis Walton, w. w. Keen, Ernest L. Justin, r.. w. Patton. James Dobsun and l Jose ,n Wright, and thereafter il any Director shall cease tn be d stoe&hoider he shall cease to be d Director. Immediately or as soon as practicable after the tlins of these atticle- m the office of the county recorder of the Cuunty of t.ila, Territory of Arizona. lie persons named herein as Directors to serve for the | first year. and until their successors, duly qualified, shall be elected, shall meet and or | panize as a board.uf Directors, adopt bylaws | and prescribe in sail bylaws the method nf calling meetings of the Board of Directors and stockholders.
 sixth-T1e highest amount of indebted. | ness or liability. direct or contingent, to | which this corporation k at any time to be | subject is the sun of fifty thousand dollars ! (si0,000,.
 i entl--The stockholders of this corpor. ' ation. and their private property shall be eN. empt from the corporate debts of this cor ! poration.
 | Ei i.hth- The Board of Directors of this corporation shall have power to establish by ] laws and make all rules and regulation, 1 dee,ued expe iient for the management oi | the affairs of this corporation and the officers thereof. net inconsist. ent with the cnnstitntion and laws o' | the United States and the laws of the terri tory of Arizona.
 | In witness whereof, we have hereunte set our hands and seals this l2th day of Decem ! h., ID 1899