Arizona republican., 1901-04-20

interpretations:
 Article 1. The names of the incor- porators of this corporation are c. s. Hoover. w. W. Barnett. Thos. Barnum and c. W. Barnett. Article 2. The name assumed by this corporation and by. which 1t shall be known in all it's business transactiOns Is Gold Coin Mining company, and the principal place of transacting its busi- ness Is and shall be in the city of Phoe- nix county of Marlcopa. territory of Arizona, and 1t may also have offices for the transaction of It's business at such other place or places as its board of directors may hereafter from time to time by resolution designate and de. termine. and said corporation may transact any business at any office within the territory so designated with the same force and effect as though transacted at its regular office in Phoe- nix.
 The time of commencement of this corporation shall be on the date of the l filing of these articles in the office of the county recorder of Maricopa | county. Arizona. and the termination thereof shall be twenty-five years from that date.
 Article 3. The general nature of the business proposed to be transacted by this corporation is that of dealing in mines and mining property in the terri tory of Arizona, including the owning of mines and mining property and the leasing and working of the same, also the development and sale of mines and mining property. together with all kinds of machinery necessary or useful for operating and developing mines i and mining property. Said cornaration shall have the right to own and deal in all kinds of real and personal rrop- erty, including that of owning storks and bonds in other corporations; it shall have the right to borrow money and secure the payment of the same by pledge or mortgage on any or all of its property, as the board of directors may from time to time by resolution authorize and determine. and in general said corporation may do any and all kinds of business and things consistent and incident to the proper prosecution of all the purposes as herein set forth, and do any and all lawful acts or things which a natural person may do.
 Article 4. The amount of the capital stock authorized and the time and con- ditions upon which it is to be paid in are as follows: The amount of capital stock of this corpora ton shall be five hundred thousand $500.000) dollars, divided into five hundred thousand shares of the par value of one 81.00) dollar per share. and the same shall be issued when paid for in money, services or property as the board of directors may determine. and when issued said stock shall be fully paid and shall be non- -assessable thereafter.
 Article 5. The highest amount of in- debtedness or liability to which this corporation is at any time to subject itself or be subjected is the sum of S50. .0O0.
 Article 6. The pr.vate property of the stockholders of this corporation shall at all times be exempt from the debts of the corporation.
 Article :. The affairs of the corpora ton shall be conducted by board O, directors composed of not less than three nor more than five persons, who shall be elected at the annual meeting of the stockholders of this corporation from among their number; its annual meeting shall be held in the city oi Phoenix. Arizona. on the second Tues. day in January of each year hereafter at the hour of ten o'clock in the fore. noon, and the board of directors SC elected shall hold their offices for the term of one year, or until their succes. sors are elected and qualified. The off. cers of the corporation shall be presi. dent. president, secretary and treasurer. who shall be elected from among the stockholders at the meeting thereof to be held each year. imme. diately after the annual meeting of the stockholders. The directors herein named shall meet and elect the officers to serve until the first annual meeting immediately after the filing of these