Arizona daily citizen. (Tucson, Ariz. Territory [i.e. Ariz.]) 1884-1901, 1901-01-08

hNOW ALI. MEN BY THESE PRESENTS. That we
the undersigned, have this day voluntarily as
sociated ourselves together for the purpose OF
forming Il corporation, and do form corpora
ton under the laws Of the Territory ofArizona,
and We do hereby certify:
FirSt:That the names OF the corporators are
Arthur e. Simkins Thos. l.. Teagarden and
Alex. Mckay: the name of the corporation is
''Quijotoa Gold Mining Company, and its cor
porate domieile and principal place of tran
sacting business in Arizona shall be at Tucson,
Pima county. Arizona Territory, e. =. A., and
Its principal office shall be in such place rs the
board Of directors shAll,' by resolution, from
timeto time determine.
Second - The general nature of the business
the corporation may transact shall be to own,
operate and control, within the United States
OF America, and particularly within the Terri
tory OF Arizona, by purchase, lease or other
wise. mines OF the various metals and miner
ais, also mineral lands, and to buy and sell or
otherwise deal i'll the same, or the products
thereof. Also to acquire, operate and control,
and by purchase, lease or otherwise, deal in
timber lands mill sites, water rights and such
other lands, buildings, mining plants machi-
merry, reduction works, railroads., tramways
canals, bitches fumes and other means of
trans portation, as are incident to and as will
facilitate the business OF mining, milling,
smelling or otherwise reducing the various
ores, minerals or earths, or for transporting
such products, or that may become necessary
or incident to the transportation OF timber
lumber, machinery, merchandise, farming pro,
duets, manufactured products, persons or
things, Also to acquire, operate aud control
by lease, purchase, or otherwise, coal lands
coal mines and coke and other products there
and appliances may be incident, expedient
or necessary to the utilization of such coal
lands, coal mines or the products thereof. Also
| TO carry on the business OF warehousing, farm
! ing, irrigation, merchandising, and to own,
/ operate and control griSt mills, mills, fur.
naces and any plants or appliances for the re-
| duction OF various ores. Also 10 own, operate
| and control, any electrical plant plants or
! appliances for generating, developing, and con
xeYing eiectpifeity i9r power heat or light and
of such electrical plants, appliances, power
| heat, light, and TO own, operate and control
! telegraph and telephone lines.
| Third--The amount OF capital stock author
ICED is three million IS, ,o00J dollars, dvid-
ed into six hundred thousand ts60o0Oo) shares
OF the par vale of five t$5i dollars each, of such
total authorized capital stock sixty thousand
(1,oo0I shares amounting TO three hundred
thousand l$nO,0l0l dollars, shall be preferred
stock and five hundred and forty Thousand
(5l0CO0) shares, amounting to two million, sew
ven hundred thousand t$2, 7o0o0ol dollars shall
be common stock.
The preferred stock and the common stock
shall be issued in such amounts and at such
time upon such conditions as shall be deter
ton.
The preferred stock, shall be entitled out OF
any and all surplus net profits, to cumulative
dividends at the rate OF but not exceeding
eight per cent per annum.
In addition thereto in the event of the dis
solution OF the cooperation, the holders OF the
preferred stock shall be entitled TO receive The
par value of their preferred shares out of the
surplus funds OF the corporation, before any
I lining SHNA uS Palu 10 tue HOtuSTs Oh
The common stock shall be subject to the
prior rights of the holders OF the preferred
| stock as herein declared.
| Dividends on the preferred stock shall be
paid out OF the surplus net earnings OF the cor
| poration, when earned, semi-annually.
| The board OF directors may in their discre-
ton declare dividends among its stockholders
| out OF its accumulated net profits, and after
! the payment of all interest on its preferred
| stock, at any regular or adjourned meeting of
the said boar I'd. during the months OF June and
December in each and every year or otherwise.
! ana they may IN their discretion declare extra
or additional dividends among its stock holders
Out of its net profits subject always to the prior
rights OF the holders OF the preferred stock rs
: herein declared.
Fourth The time OF the commencement OF
this corporation shall be the 2sth day of De
! cemher, A. d. 1900, and the termination shall
! he twenty-five years from that date.
J Futh: The affairs OF this corporation are to
be conducted by the following officers to-wit:
| by board of FIVE directors, from whose num-
Der Shall he duly elected from time time,
the president, the vice president and the trca,
surer; OF this corporation. The board OF diree-
tors shall be elected by the oCkholders OF the
! corporation within thirty days from the exc
! cutlon OF these presents, and shall hold office
| Sixth The number of directors at any time
| may be Increased By the vote Of the board OF
directors and in case Of any such increase, the
! board of directors shall have the power to elect
such additional directors, 10 hold office until
the next meeting OF the stockholders, or until
their successors shall be elected and qualify
TO NIL any vacancy or vacancies therein which
may result from the death. resignation. disabi-
hty or removal FOR cause OF any ofits members
/ The boafd Of directors by resolution passed
Ivy majority OF the whole board. may design
| ate three or more directors tone OF whom shall
be presidenti To constitute an executive COM
| lnittee, which committee, To the extent proyi.
! Gied in said resolution or in the bylaws OF the
corporation shall have and may exercise. the
power OF the board OF directors in the manage
| ment OF the business and affairs of the corpora.
| ton and shall have power to authorize the, seal
OF the corporation to be affixed to all papers
which may require it,
| The board of directors from time to time
| shall determine whether and to what extent
| and at what times and places and under what
conditions and regulations, the accounts and
books of the corporation or any OF them, shall
be open to the inspection OF the stockholders;
ana no stockholder shall have any right of in
| speeding any account or book or document of
the corporation, except as conferred by statute
or authorized BY the board Of directors, or by
resolution OF the stockholders.
Seventh The highest amount of indebted.
ness or liability 10 which this corporation is al
any time to subject itself Is the sum of One
Hundred Thousand Dollars.
Eighth The private property OF the sto k
holders of this corporation is to be exempt
debts.
In witness whereof We have hereuuto placed
our hands and seals this 18th day of December
A. ID. 1900
ARTHUR c. SiAKINs fScaD
lhos. T. TEAGARDES (Seall
ALEX MCKAY, (seaj
| TERRITORY OF ARIZONA
/ County OF Pima. 81
Before me, Jno Fl, Martin Il Notary Public in
! aud for the County of Pima, Territory of Ari-
! IONA. on this day personally appeared Ar
thurC. slmkins. Thos Z. Teegarden and Alex
Mckay known to me to be the persons whose
! names are subscribed to the foregoing instru-
( ment, acknowledge to me that he executed the
same for the purpose and consideration there
! in expressed
/ Given under my hand and seal of Office this
| 2sth. day OF December, A d. 1900.
Notary Seal ]. II. MARTIN,
Notary Public.
Ny commission expires March 3lst 1908
First pub. jana 1901 last pub. Jan s, 1901