Arizona daily citizen. (Tucson, Ariz. Territory [i.e. Ariz.]) 1884-1901, 1901-01-09

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| uOn under the laws of the Territory OF Arizona
and we do hereby certify;
Flrsl:-That the names of the corporatorS are
Arthur G.: Simkins, Thos. +. Teagarden and
| Alex. Mckay; the name of the corporation is
"Quiiotoa Gold Mining Company, and its cor
porate uomicile and princi pal place OF tran
ssctiug business in Arizona shall be at Tucson
Pima county, Arizona Territory U. S. A, and
It's principal office shall be in such place as the
board OF directors shall, by resolution, from
time to 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 in 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-
| canals bitches, fumes and other means OF
I transportation, as are incident to and as will
facilitate the business of mining, milling
smelling or otherwise reducing the various
ores, minerals earths, or for transporting
! such products, or that may become necessary
or incident 10 the transportation OF timber
/ lumber, machinery, merchandise, farming pro
duets, manufactured products, persons or
| Things Also to acquire, 2erate and control,
by lease, purchase, or otherwise. coal lands
coal mines ana coke and other products there,
| from, together with such plants, machinery
and appliances as 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
duCtlon of various ores Efso To own, operate
and control, any electrical plant or plants or
veying electricity for power, heat or light, and
to buy and sell or otherwise obtain or dispose
OF such electrical plants, appliances power,
heat, light, and 10 own, operate and control
telegraph and telephone lines.
Third-The amount of capital stock author
lied is three million is, 009, coo, dollars divd-
ed into six hundred thousand ($6oO, oOO) shares
OF the par vale OF five ($5l dollars each, of such
total authorized capital stock sixty thousand
t6o,Hol SnAres amounting to three hundred
thousand $500 000l dollars, shall be preferred
stock and five hundred and forty thousand
Ian os, shares, amounting 70 two million, sew
ven hundred thousand t$2, .OOo) 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
mined by the board OF directors otthis corpora
| 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
thing shall be paid therefrom to the holders of
the common stock.
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
| ont OF Its accumulated net profits, and after
the payment of all interest on its preferred
stock, at any regular or adjourned meeting OF
I the said board, during the months of June and
December in each and every year or otherwise,
and 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 as
: herein declared
Fourth The time of the commencement of
thls corporation shall be the 2Sth day Of De
cember A. d. 1900, and the termination shall
De twenty-five years from that date.
Fifth The affairs OF this corporation are to
be conducted by the following officers, t0-wit:
BY board OF five directors from whose mum
Der shall be duly elected from time 10 time
the president, the vice president and the trea
sdfet, vi This corporation. The bosrd OF direc
tors shall be elected by the stock holders OF the
corporation within thirty days from the exe-
cutlon OF these presents, and shall hold Office
until their successors are elected and qualified
/ sixth The number OF directors a. 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
! Sach additional directors, to hold Office until
the next meeting OF the stockholders or until
! their successors shall be elected and qualify
| aud the board ofdirectors shall have the power
70 MI any vacancy or vacancies therein which
may result from the death, resignation. disabi-
! MY or removal for cause OF any ofits members
Inc board OF directors by resolution passed
by majority OF the whole board. may design
ate three or more directors zone of HON shall
be presidenti TO constitute an executive com.
mIttee, which committee, To the extent proyi.
ded IN said resolution or in the bylaws oi 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 eorpors-
ton and shall have power to authorize the seal
OF NE corporation to be affixed to all papers
which may require 1t,
The board of directors from time to time
shall determine whether and to what extent
ana ~ 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 stock holders:
and no stakeholder 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
"a resolution Of the stockholders.
| Seventh The highest amount of indebted
ness or liability 10 which this corporation is at
| Hundred Thousand Dollars.
| Eighth The private property OF the sto K
no!aeFS OF This corporation Is to be EXEMPT
+, debts
| In witness whereof we have hereunto placed
| our han9s and seals this 18th day of December,
| ARTHUR C. sINKfSs fseaD
THos. 7: TEAGAkDEN (Seai)
ALEX MCKAY, (SeaD
! TERRITORY OF ARIZONA,
County of Pima rs
beiofe me JHo H. hartln a Notary Public In
and Tor the County of Pima, Territory of Art
! IONA, on this day personally appeared Ar |
thnrC. Simkins, Thos f. 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 |
2atn, day OF December, A. ID. 1900.
Notary Seall J. H. MARTIN
, Notary Public. |
My commission expires March 3Ist 1903
HE MAN ne THE AnYJn