Arizona silver belt., 1901-05-23
ARTICLES OF INCORPORATION
 OF THE Bob Tail Mines Company.

Office of the Secretary, United States of America, l
 Territory of Arizona,
 l. Charles II Akers Secretary of the Ter ritory of Arizona, do hereby certify, that the annexed is a true and complete transcript of the Articles ot Incorporation of the BObtai Mines Company" which was filed in this office the 2tst da! of February, A. D., 1901, at 3 o'clock, p. m, as provided by law, In testimony whereof, l have hereunto set my hand and affixed the Great Seal of the Territory of Arizona. Done at the city of Phoenix, the capital, this 2lst day of Feb. ruary. A. h., 1901. c. H. AKERs,
 Seal Secretary of the Territory of Anzuna. l. R. Ten cent stamp (canceled.1
 Know all men bv these presents:- That we Charl E. Force and W. w. Brookner, whose names are hereto subscribed for the purpose nf transac ing the business hereinafter set forth, do hereby associate ourselves as and into a body corporate under the provisions of Chapter 2 Title l2 of the Revised Sta utes nf the Territory of Arizona, and do hereby certify:-
 Article |. That the name of this Corpora tion shall be the Bnbtail Mines Company, and that the principal place of business shall be Globe, Arizona, with an agency and trans. fer office in the city of Minneapolis, Minne- sota. and such other cities for the issuing and tran ferring of stock, as shall be hereinafter provided bv the Board of Directors. The corporation also proposes to carry on business in any of the States and Territories of the United States that may be found necessary for the proper conduct of it's affairs
 Article 2 That the object If this corpora tion and busIn ss to be transacted k the lDcat- ug and purcha ing of metal mines and min era lands, locating town sites in mining re- guns, opening, equipping and developing such mines ani lands It shall have the power ta exchange mining and corporate stocks, to construct tunnels from canyons or suiches, or to sink shafts for the developing fl such mines, to locate mill sites andto con struct and establish mill buildings, to install machinery and to own and operate stamp mills, concentrators, and smelters, and all kinds of mills and machinery used in the husiness of mining; to acquire, build, main tain, operate, and dispose of pipe lines for the conducting of water and fluids of every des- cription; to cQure, hold, enjoy, and dispose pf right of way for the purpose thereof and ther purposes; to borrow and loan money on reliable security; to purchase. sell and deal in ,ureties bonds and stock of every descrip- tirn; and generally to acquire, hold, manage, improve and dispose of real and personal pre- perty, and t0 do such other things as may be necessary and proper for the full and complete
 
 for the exercise of the powers and transaction nf the business of this corporation, including mining manufacturing, and road building, for which we have hereby associated ourselves; md to dc any and all things necessary to ,.arry on the aforesaid business and to con- meet them with the commerce of the world.
 Article 3 The amount of the Capital Stock of his corporation shall be Nine Hun fred and Fifty Thousand ts930,0 900 00l dol lars. divided into Nine Hundred and Fifty Thousani i9j0. 000j shares of the par value of one lSl 00i dollar each. eight hundred thou. sand lS00 0OOJ of which shall be set apart and known as Treasury Stock and shall not be voted while held as such, but when sold and entered upon the books of the company and ash, stock, or other property received for lame which amount is to be paid at the time. and in the manner and upon the terms fixed hy the Board of Directors into the Treasury of the Company, then then the shares so sold shall have the same voting rower that each and every other share has.
 Article That this Corporation shall be- gin business upon the Twenty-ninth day of January, 1901, and shall terminate at the end hf tws nty-hve years from and after that date.
 Article B That the management and con iuct of the business of this Corporation shall he by a Board oi not less than three, or more than seven Directors, who must each and all he stockholders That the officers of this Corporation shall consist of a President, Vice President, Secretary and Treasurer, who shall be elected at the annual meeting of the stockholders after the election of the Board af Directors, Tn each year on or after the last Tuesday Tn Jannary. They shall be members of the Board of Directors, and shall he elected to their respective offices by the Board of Directors The first annual cleo. tion of this Corporation shall be held on the last Tuesday in January, 1902, and unti said first election the following named per sons shall be such officers and directors, whC shall act until their successors are elected anC qualfed:-
 President, Dr. J F. Force,
 Vice President, John NJ Rees
 Secretary, Charles E. Force,
 Treasurer, Fred w Dean,
 | Directors. J F. Force, John M. Rees Charles E. Force and Fred w. Dean. | Article 6. The highest amount of indebt edness of this corporation shall not at any time exceed such an amount as the par value cf one-ten'h fits Capital Stock, and no con ] tracts shall be made for the expenditure O over One Thousand tSl ,000 00) dollars with out the authority of the Board of Directors 1 Article That the private property O each and every stockholder of said corpora tinn is to he exempt from all corporate debts and this regardless of whether any annual o other reportsare made by the directors, or othe officers of the said corporation to any officer | of any county, state or territory under an, local or general law whatever of this territory or of any other state or territory; that tn, said corporation shall have the authority {, hold all such real and personal property ai shall be necessary to conduct it's business.
 That these articles may be altered or amend | or hy a bg # ol lsh nF subscribed at any regular or special meeting called for tha. purpose after giving at loas twenty days notice of the same, and statin, the purpose for which such special meetin; is heinz called. by mailing a letter to the las known postoffice address of each stockholder The Board of Directors may adopt such by l laws as in its judgment may be necessary ant