Arizona republican., 1902-02-25
AMENDED ARTICLES OF INCOR- PORATION
 OF THE

OF THE
 ! PIONEER MUTUAL MINING AND EXPLORATION COMPANY. 1 Know All Men by These Presents That we. the undersigned. being the owners and holders of n ajority of the l outstanding capital stock of the said Pioneer Mutual Mining and Exploration l Company, a corporation organized and | incorporated under the laws of the Territory or Arizona, and holding a certificate thereof issued by the Secre- tary of State of said Territory under l the great seal thereof bearing date the | 18th day of November A D. 1893, do
 hereby certify: That at the annual meeting of said corporation, held at Phoenix, in said Territory. on Tuesday, the 7th day of January. A. D. 1902, by the affirmative vote of a majority of the stockholders of said corporation the said articles Of incorporation of said company were amended so as to read as follows:
 First: That the name of said corpo- ration is .The Pioneer Mutual Mining and Exploration Company" and it's principal place Of transacting business shall be at Phoenix. Marlcopa county, Territory of Arizona, and at Los An geles, County of Los Angeles, State of California.
 Second: That the general nature of the business proposed to be transacted is as follows. to-wit: To buy and sell mines, mining stocks. buying and sell ing real estate, selling mining stock on commission, to execute mortgages and deeds of trust, and to do and perform any and all acts incidental and neces- sary for the proper carrying on of the business of mining and erecting mining machinery; also. to develop water power. such as building canals and fumes, and erecting electric power plants to operate machinery of any and all kinds. and to make such invest ments the Board of Directors may approve Of: and to apportion the profits derived from actual subscribed capita. stock, until the sane shall have accu- mulated to a certain sum, and then to repay same to the stockholders or 70 participate in the profits as declared by the Board of Directors.
 Third: That the term for which it is to exist is twenty-five (25) years from and after the date of its incorporation, commencing from the date Of filing said articles with the County Recorder.
 Fourth: That the number cf its Di- rectors shall be five (5) and that the names and residences of those who were and are elected for the fiscal year beginning January :, A. D 1902, and until their successors shall be duly elected and qualified are:
 Names. Residence
 H. M. Russell. Los Angeles, Cal Fl. C. Dillon, Los Angeles, Cal. A. C. Jones. Los Angeles, Cal. \. ". Harper, Los Angeles, Cal. Jas. F. Roal Los Angeles. Cal
 Fifth: That the amount of capital stock of this corporation authorized is Ten Million CslO.COO. OO0) dollars divided into two hundred thousand (20O. .O0O) shores. Of the par value Of fifty Cs5O) do1'rs each. to be paid in as herein- after required by the directors, and in accordance with the bylaws. as re- uuired for the business of the corpo- ro ton.
 sixth: That the affairs of said cor pOration shall be conducted by Board of Directors of five C5) members. who arc to be elected on the first Tuesday ia January of each year during the existence of the corporation.
 Seventh: That the private property of each officer and stockholder of said corporation is to be exempt from all corporate debts.
 Eighth: That the amount of said capital stock which has been actually subscribed a | the date of the incorpo- ration of said company was and is eigh teen thousand (s1S. .oo0) dollars and the following are the names of the persons stated in the said original articles, to-