The Tucson citizen., 1902-01-18

and generally own, hold, ac-
quire and deal in any property, and to
do or transact anything necessary for
the carrying out and engaging In any
of said foregoing lines OF business; also
the locating, appropriating, buying.
selling, bonding, leasing and develop
ing water rights, and constructing
bitches, fumes, pipes. reservoirs. ETC.,
for the conveyance Of water; also the
constructing of tramways for the COR
veyances of ore or other material.
ARTICLE V.
The amount OF capital stock author
lied by said corporation is and shall be
one million dollars ($1 .000000), to be
divided into one million shares OF the
par value of one dollar ($D per share,
and that the time when and conditions
upon which it IS to be paid are as fot-
lows:
All stock issued must be fully paid
for in cash or property upon issuance
and shall thereafter be fully paid up
and forever non -assessable for any
purpose whatsoever.
ARTICLE VI.
The time of the commencement OF
IUlS corporation snail bC bhN N"NS -
the filing of these articles OF incor-
poration for record in the office OF the
County Recorder of Pima County, Ter
ritory of Arizona. and the termination
thereof shall be twenty-five (20) years
thereafter. unless the same be renew
ed pursuant to the laws of Arizona be-
fore the termination thereof.
ARTICLE VII.
The affairs of this corporation are
to be conducted by a Board of five tsD
Directors. to be elected annually, on
the third Tuesday in December of each
year; provided however. that until ;he
third Tuesday in December, A. y. l9o1
the affairs of this company shall be
conducted by the following Board CT
Directors, towit: George E. Stearns,
Fred II. Vahrenkamp, George w.
Wilderman i. b. Marshall and Frank
G.. Finlayson, who shall hold oftiee
until the said third Tuesday in Decenl-
Der, A. ID. 1902. or thereafter until their
successors are elected ana quallfleh
Each stockholder of this corporation,
in all elections for Directors and other
elections, and on the consideration of
all questions at stockholders meet
ings. shall have the right to vote in
person or by proxy the number OF
shares owned by him as shown on the
books OF the company, each share 2t
stock being entitled to one vote.
The officers of said corporation shall
be a President, ViceI resident. Secre-
tary. Treasurer, a Superintendent and
General Manager of the mines and
mills, and such subordinate officers
and assistants as may be necessary.
All officers of said corporation VIII
be elacted by the Board Of Dircc-
tors, after the election of said Dlrec,
tors. and snail hold Office at the will
and pleasure of said Directors
Vacancies In the Board OF Directors
shall be filled as may be provided In
the Bylaws.
ARTICLE VIII.
The highest amount of Indebtedness
or liaD.llty for winch this corporation
can at any time subject itself IS the
sum of five thousand collars t$5, ,0O0)
ARTICLE TX.
The private property Of the stock
holders of this corporation shall be
exempt from a. corporate DEBTS ana
the stockholuers of this corporation
are HEREBY exempted from all liability
for any debt of said corporation.
ARTICLE x.
This corporation shall have an office.
for the transaction OF its business, In
the State Of California, at the City OF
Los Angeles, N said State, and the SAID
Board of Directors may meet, organize
and transact the business OF said cor
ooration at said city; and the annual
and other meetings Of the stockholders
and the elections may be held thereat'
ARTICLE XI.
Section a. The Board of Directors
shall have tie power to make, ADOPT
and amend Bylaws for the govern
ment of the affairs of said corpora
ton.
Section z. The Board Of Directors
shall nave the power to borrow mon
py, execute corporate notes or bonds
Of the corporation, and to secure the
payment OF --Ie same by mortgage on
the property OF ~--e corporation. or In
any other manner designated by said
Bylaws, not exceeding, however, said
total Indebtedness of five thousand
uonars ,$50U0) as limited by article
VIII hereof.
ARTICLE XII.
The corporate stock of this corpora
ton shall be forever -asseSsabln
and each certificate thereof shall state
upon its face the number Of shares re-
presented thereby and that the same
is fully paid and forever non assess
abe.
ARTICLE XIII.
The said corporation shall have pow
er to increase or diminish its capital
stock, or increase or diminish the num-
ber of directors or amend these articles |
of incorporation at any annual meeting |
at any annual meeting
of the stockholders. or at any special |
meeting of the stockholders called for
that purpose by the affirmative |
vote Of a majority of the stockholders,
and by the fling of the certificate
thereof and by publishing the same in
the same manner as Is provided by law
Tor the recording ana publishing OF
these articles Of incorporation.
In witness whereof, we have here
unto set our hands and seals this 18th
law pf 1ng1p,hoy A 1nOy