Arizona republican., 1901-02-16


 county, Territory of Arizona, and the place outside of sail Territory of Ar- zona where it may keep d branch of flee and transact it's business and COP duct its affairs shall be in the city and county of san Francisco. state of Cali fornia. and any other state or place which shall be determined by it's stock holders, or dir tors, subject to the control of the stockholders from time to time as it's business may be deemed to require, the same as if specifically st forth in these articles.
 Second: That the general nature of the business to be transacted shall be to engage in mining, trade and Nrlns- pu?tation; e 'Quilc mining claims of any and all kinds, to mine, quarry and drill for p-trol aum, bitumen, asphalt, gold, silver, copper, quicksilver. gyp- sum. stone and any and all other met als and minerals and products: 10 buy, own, hold, sell. cucumber, convey, work, operate and Ceal iY mines and mining lands and claims and the pro ducts If mines. and water rights and systems of any and all kinds for any and all purposes; 70 buy, own, hold, sall cucumber, convey and deal in stocks, bonds. real estate and personal property; to borrow and loan money upon security and otherwise for the purposes of the corporation; tO issue evidences of indebtedness payable in money or property; to construct, own and operate pipe lines and other means of trlnsp .riI.ion. mining, man uiacturing and other plants, and other buildings, works ani iHlprovem ants; to act as agent. broker. contractor or trustee in respect to the foregoing pur- poses.
 Third: That the amount of capital stock auth rized is Three Hundred Thousand Dollars ($3OO 00O) and the number If shares into which said cap ital sto, K is divided is Three Hundred Thousand shares C30n 0c0) of the par value of one Dollar C$l.0O per share, the value of which stock Is Co he paid in cash CT upon such instdllncnts as the directors may provide. m real CT personal property, or contracts, or agreements, or in labor, or machinery, or merchandise OF materials, in tle dis erection of the board of directors uT n ;he issue and delivery If said stoch fror. tine t1 time Preferred shares If stock may he issued upon such terms and conditions as may ba pro- vlIod in the bylaws.
 Fourth: That tho time of the com mencemont Of said corporation shall be from the date or the filing of these articles 70. record in the office of the county recorder of Maricopa csunty, Territory of Arizona. and the time of the termination of said corporation shall be Twenty-Five (2j) years there after.
 Fah: That the officers or persons authorized te conduct. manage and control the business and affairs of the slld corporation shall consist of the chnoldcrs holding two-thlrds (2-@ in amount of the outstanding capital stock f the corporation, and tha board of directors composed of such number of members. to be ch0ser by the stock holders as may be provided in the by laws of the corporation. The original bylaws shall b. al Htcd hy tin vote OF signature of the st)ckuC,dcrs holding two-thirds 2-2) of the subscribed cap ital stock Any resolution adopted by the holders of two-thir5s t20 in amount of the outstanding stock. whether adopted by vote or on sigma ture uf surl Vc -fs without I meeting, shall absJlutel: control the affairs of thc corporation and the tnure of of. fee of its directors and officers. go far as indicated in such reS1luci n. The beard of d'ro tors shall have the man aEement anl control of th- corporation subject to such resolution or votes of tine stockh ld rs Is aforesaid. The names f the Iars 3s appointed to serve as directors uutl their success sors are elected are John F' Cunning ham, Edwarl Savaga, Mortimer Say ago, Waltcr Storey, Samuel E. Cald- we'll Edward F. Young and David C. Cunningham
 The stockholders sNl. me { annu- ally at such time aHG place as may be provided by the by-laWs for the pur- Y sa of the election of directors. sub ject to such resolutions or votes of the stockholders as aforesaid.
 The directors shall mcoe monthly at such tima and place as may be provid- ed by the bylaws and subject to such resolutions or votes .f the stockholders as aforesaid. and said directors imme- dlatelv after their election shall organ ize by the election from among their number of president and vice-pr sid5nt, and at such meeting they may elect a manag- ing director. The said directors will also elect a secretary and such other officers as they may require, none ef whom need he directors and may can- fer upon sueh officers sucn powers as tp said board may deem hest.
 Sixth: That the high s} amount of indebtedness OF liability to which the corporation is at any time to subject itself is One Hundred Thousand Dol lars GloO,o0O)
 Sevcnth That the private property uf each and every officer and stock holder of this cul poration is to be eX- ompt from all corporation debts and liabilities. and from execution on any anu all ciams against this corpora ton. and no claim or demand against the cc"poration shall constitute claim or demand against the stockholders thereof to any eX- tent. No ass ssments shall be made upon any stoctholdor except for calls upon unpaid subscriptions for stock.
 In Witness Whereof. We have here unto set our hands this 7th day of V. Nr,rary 1COt