Arizona silver belt., 1901-05-02
ARTICLES OF OFINCORPORATION
 OF TIRE Bob Tail Mines Company.
Territory of Arizona. Office of the Secretary,

United States oi America, 1
 Territory of Arizona, ]
 1 |, Charles fl, Akers Secretary of the Ter
 ritory ot Arizona, do hereby certify that the annexed is a true and complete transcript of
 the Articles of Incorporation of the Bobtail Mines Company, which was filed in this office the 2ls st day of February, A. D., 1901, at 3 clock, p. m. as provided by law, In testimony whereof, l have hereunto set
 my hand and attixei the Great Seal of the | Territory of Arizona. Done at the city of | Phoenix, the capital, this 2lst day of Feb.
 ruary. A. IT,, 1901 c. H. AYERS, ! Seal. Secretary of the Territory of Arizona. | l. K. Ten cent stamp Icanceled.)
 | Know all men by these presents:-Tbat we Charl-s E. Force and w. w Brookner, whose n lanes are hereto subscribed for the purpose
 of transac ing the business hereinafter set forth do hereby associate ourselves as and into body corporate under the provisions of Chapter ? Title l2, of the Revised Sta utes of the Territory of Arizona, and do hereby certify:--
 Article 1. 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- sots. and such other cities for the issuing and tran ferring of stock, as shall be hereinafter | | corporation also proposes to carry on business in any of the States and Territories of the United States that may be found necessary for theproper conduct of its affairs.
 lrticle ? That the object of this corpora tpn and busln ss to be transacted is the locat. ing and purcha ing of metal mines and min era lands. locating town sites in mining re- gions, opening, equipping an1 developing such mines and lands It shall have the power tn exchange mining and corporate stocks. to construct tunnels from canyons or gulches, or to sink shafts for the developing of such mines, tn locate mill sites andto con. struct and est tblish mill buildings, to install machinery and to own and operate stamp
 mills, cnncentrators, and smelters, and all kinds of mills and machinery used in the business of mining; to acquire, build, main tain operate, and dispose of pipe lines for the conducting Gf water and fluids of every des. criptinn; tn cqure, hold, enjoy, and dispose of right of way for the purpose thereof and ,ther purpos B; to borrow and loan money on reliable security: to purchase. sell and deal in Sureties, bonds and stock of every descrip- tipn; and generally to acquire, hold, manage, improve and dispose of real and personal pro perty, and to do such other things as may he necessary and proper for the full and complete execution of the purposes set forth above and fnr 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; and to do any and all things necessary to carry on the aforesaid business and to con meet them with the commerce of the world
 Article The amount of the Capital Stock of his corporation shall he Nine Hun fred and Fifty Thousand (S910, GOO .00) dol lars, divided into Nine Hundred and Fifty Thousan $50 000) shares of the par value of me lSl .00I dollar each, eight hundred thou sand $500, 000l 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 cash, stock, or other property received for same, 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 power that each and every other share has. Article f. That this Corporation shall be- gin business upon the Twenty ninth day of January, 1901, and shall terminate at the end If twr nty-tive wears from and after that date, Article 5 That the management and con iuct of the business of this Corporation shall be by B1ard of 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 President, Vice President, Secretary and Treasurer, who shall be elected at the annual meeting of the stockholders after the election of the
 Board If Directors m each year on or after the last Tuesday m January. They shall be members of the Board of Directors, and shall be elected to their respective offices by the
 Board of Directors The first annual elec- ton of this Corporation shall be held on the last Tuesday in January, 1902, and until said first election the following named per sons shall be such officers and directors, who shall act unti their successors are elected and quslifed:-
 President, Dr. J F. Force,
 Vice President, John NJ Rees
 Secretary, Charles E. Force
 Treasurer. Fred w Dean,
 Directors -Dr. J. F. Force, John NJ. Rees. Charles E. Force and Fred W. Dean. Article G. 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 of its Capital Stock, and no con tracts shall be made for the expenditure of over One Thousand tS1, ,00000) dollars with out the authority of the Board of Directors. Article That the private property of each and every stockholder of said corpora- tion is to he exempt from all corporate debts,
 and this, regardless of whether any annual or other reports are made by the directors, or other officers Of the sald corporation to any othcers
 of any county. state or territory under any local or general law whatever of this territory or of any other state or territory; that the said corporation shall have the authority to
 hold all such real and personal property as
 shall be necessary to conduct its business. That these articles may he altered or amend ed by three fourths vote of all shares of stock
 subscribed at any regular or special meeting called for that purpose after giving at least twenty days notice of the same. and stating
 the purpose for which such special meeting
 is being called. by mailing letter to the last | Tho Boo, ,d .,fn olo o,,ch hu.