Mohave County miner., 1902-12-20
Articles of Incorporation
OF THE
Gold Hills Mining Company.

We Henry S. MacKay and Leslie C. Ferree,
citizens of the United States of America, have
this day voluntarily associated ourselves to-
gether for the purpose OF forming a corpoi a
ton under the laws of the Territory of Ari-
zona, and do adopt the following Articles OF
Incorporation, and do hereby certify and de-
clare:
That the names OF the incorporators OF this
Ferree
That the name OF the said corporation is,
THE GOLD HILLS MINING COMPANY.
That the principal place Of transacting the
business of the said corporation is and shall be
kingman, in the County OF Mohaye, in the
Territory Of Arizona. with branch Offices at
such place or places in the United States Of
America OF elsewhere, as the Board OF Direc-
tors OF said company may from time to time
designate.
That the general nature OF the business pro-
poeed TO be transacted is,
TO carry on a general mining business and
To buy, SELL lease, bond, develop, operate,
or otherwise deal in mines, mining claims, and
mineral lands, and any and all interest therein
of whatsoever character. and
To buy sell, lease, bond, construct, maintain
and operate bitches, fumes. wells reservoirs.
pipe lines and other equipments necessary or
incidental to The development or transportation
OF water or other fluids for mining, milling and
other purposes
To obtain by purchase, or otherwise, mills,
machinery, mill sites and mill buildings and TO
erect thereon all necessary buildings, shops.
mills, smelters, concentrators. crushers, and
any and every and all apparatus used in the
reduction or ores bearing gold and other metals;
To buy, sell, lease, bond construct, maintain
and operate railroads, wagon roads tram ways,
or other agencies suitable for the transporta-
tion OF ore or other materials to and from the
mines or principal works or places OF business
OF said company TO some navigable stream,
railroad, turnpike or public way;
To own, handle and control Letters Patent
and Inventions relating to, and incident to the
mining, milling smelling and reduction Of
ores:
To carry on and conduct general mercan.
tile business;
To borrow money and to issue bonds and
other evidences Of Indebtedness and TO mort
gage, pledge, sell, and otherwise dispose of
any or all property of whatsoever nature be-
longing to SAID company;
To acquire both real and personal, and all
property which may be necessary or incidental
TO carrying into force ano effect the objects and
purposes for which the said corporation is ere
ated and
To mortgage, pledge, hypothecate sell, aud
dispose of any part or all OF said
and
TO buy, sell, exchange own pledge, hypoth.
ecate, and otherwise deal in mining stocks and
secureties or other stocks and secureties in
such manner and extent as shall not be In con
tiict with the laws OF the United States or OF
the Territory Of AriZona
To locate, run and operate tunnels and tunnel
sites upon Government and other lands: and
TO locate, record and patent any and all lode
or placer mining claims, tunnels and tunnel
sites; and
To do and perform any and all and every the
acts necessary or incidental to the carrying on
the business hereinbefore specified.
III.
That the amount OF the capital stock of the
said corporation shall be ONE MILLION, TWO
FIFTY THOUSAND OF DOL
LARS a.. l..5l,0o0), divided into One Million,
Two Hundred Fifty Thousand q ,2J000O shares
of the par value of One Dollar (Bl.OO) per share,
and the said One Million, Two Hundred Fifty
Thousand shares OF said Capital Stock to be
also divided into Two Hundred Fifty Thousand
(250,OOO) shares of preferred stock and One
Million U,OOO,OOO) shares OF common stock: the
said Two Hundred Fifty Thousand (25O.OOO
shares OF preferred stock are preferred as TO
the assets of said corporation to the amount OF
Two Hundred Fifty Thousand Dollars Of25O O0O) !
so that In the event of the dissolution OF said
or sale OF its assets for the pur-
pose of distributing the proceeds among the
stock holders. the holders OF said preferred |
stock shall receive the proceeds OF the corpor-
ate assets up to said amount OF Two Hundred |
Fifty Thousand Dollars and the excess II any |
shall be divided among the holders Of said com.
mon stock.
The holders OF said preferred stock shall also |
be preferred as to the dividends TO be declared |
by this corporation, as follows: Nc dividends |
shall be declared or paid on common stock un-
I'll dividends have been first paid on preferred |
stock, at the rate of eight (s) per cent per an
mum, on the par value OF said preferred stock |
after dividends on preferred stock at the rate |
Df eight (sl per cent. per annum have been de. |
clared and paid dividends upon the common |
stock may be declared and paid out OF the sur
plus earnings OF said corporation, IL any.
".
That the corporate existence OF said com
pany shall commence on the day and date of /
the filing of these Articles of Incorporation for
record in the Office OF the County Recorder of |
Molave County, Territory OF Arizona. and a |
certified copy thereof with the Secretary of the |
said Territory, and shall endure for twenty five |
l25) years thereafter.
"
That the highest amount OF Indebtedness or
liability, direct or contingent, which this cor. |
Doration Is at any time subject, shall not, in /
my case, exceed Eight Hundred Thirty-three |
Thousand, Three Hundred ThirJythree Dollars |
md Thirty-three cents.
VI
That the stock holders OF said corporation |
'hall not be individually liable for the cebts
II the said corporation, and that all the private |
property OF the stockholders shall be exempt |
rom liability for any all of the debts OF this |
corporation.
In witness whereof We have hereunto set
,uf hands and seals this 4th day of November,
A. d. 1902.
HENRY s. MACKAY, [Seall
LESLIE G. FERREE, fSeali