The Arizona sentinel., 1902-06-11

Fitt SSES VI hNSShs SttF1ltSH
 OF THE
 lnyo Gold Company. Know all men by these Presents that we, the undersigned, are citizens or the United States of America, and du hereby associate ourselves together Tor the purpose Of forming a corporation under the laws Of me Territory of Arizona, and IO that end adopt tue follow ing articles O. Incorporation, To wit:
 AKTICLEI.
 The names of Ghe incorporators are: w $. 1sInCs, ]. r. Flint, ,. .. Scanneli, Geo. N. Lasher ana c. ?. N idaman. and tlu name Of the corporation shall be the layO Geid Company. The principal place m which the business Of said corporation Is to be transacted in th, Territory of Arizona is al Yuma, Yuma coun- ty. Arizona, and The principal place uf tusi- hess Of said corporation outside Of the Terri tory of Arizona shall be the City Of Los An geles, County of Los Angeles, State Of Cali forhiA, and at which said last named place meetings Uf the Board Of Directors ot such corporation may be held, and the corporation may have such branch offices, either within or without the Territory of Arizona, as may bs established by The Board Of Directors.
 ARTICLE II.
 The general nature of the business proposed to be transarted Dy this corporation k ;iS fol- lows, 10 Wit:
 To purchase lease. bond, locate or condemn or otherwise acquire, own, hold, exchange. sell. ur otherwise dispose Of, or plecse, nIortgage, hypothecatc and Gcid 1n real estate. franchiScs and any and all kinds of personal property, mines. mining claims, spects, placer ground Oii, oil lands, mineral lands, gas, ;,Sphaltum. petroleum, electricity. electric power, water, water rights. coal and coal lands, salt and salt mines or uc posilS, bUraX deposits and machinery, and to work, miue, eN NplOre, Olcrate and NtlOp The s:ll.le: tO establish. operate aRG maintain salt plants, saw mills. quartz stamp mills, eOnctnt tTatlng ana cyanide plants, hydraulic anu siplclng works, well drilling machinery and apparatus, storage tanks, rehneries fer metals. minerals and oils, asSaying plantS; and to erect, operate and maintain gas and gas works, electric lighting and power plants, water power; 10 construct, operate and maintain canals, ditcheS fumes, pipe lines, reservoirs and water tanks; to construct Op crate and maintain tTamways street rail- ways, Railroads. wagon roads, stages and stage IiDes 10 erect and conduct hotels, loCg- ing and boarding houses, restaurants, store houses stores and other buildings and 10 do R general merchandise business: to own, sell. handle and control letters patent, trade marks and inventions; tO buy, sell and hy- pothecate shares of capital stock of other corporations; to borrow money and execute notes. bonds, mortgages, or deeds of trust aS evidences of such Indebtedness and 10 secure the same; To accept notes, bonds, mortgages, pledges or other evidences of indebtedness from individuals or other corpora tions, and 10 exercise in respect of all such bonds. mort Eagcs, notes, pledges, or other evidences of indebtedness, and any securities and nbliSa- tions and any and all rights powers and Irivileges of individual owners thereof, iO- cludiuE the right to vote any shares of stock so held by il to the same extent that d nat Cral person might or could do; and in gen ern To do Sll thlp2S necessary and requisite to the proper conduct of the business of this corporation in the Territory of Arizona and the State of California aud elsewhere, not in consistent with the laws of the Territory of Arizona and the laws Of the United States of America.
 ARTICLE III.
 The authorized capital stock of this corpor- ation shall be Five Hundred Thousand Dol lars tS:y00,U00.O0l, divided into Fifty Million t50,0O06oOJ shares Of the par value of One Gent llc) each. Said capital stock shall be laid into this corporation either in cash or by the sale and transfer to il of real or per sonal property for the uses and purposes Of this corporation at such time as the Board of Directors may, by resolution, direct, aut hor iZe and accept, and such payment, for which shares Of The capital stock of this corporation may be issued, and the capital stock SD issued shall thereupon and thereby become and be fully paid up and nOn-aSScSsahlc, and in the absence Of actual fraud in the transaction the Judgment Of the directors tu the value of the property purchased shall toe conclusive.
 ARTICLE ".
 The time of the commencement of this cor lorafion shall be the date of the filing of the Secretary of the Territory of Arizona, and the termination thereof shall be twenty Ave years thereafter, with the privilege of rs4ueygal of the said term for an additional pc- v tIon by proper resolution SD decide.
 ARTICLE V.
 The affairs of this corporation shall be con ducted by a board of i've directors and the t1howing-naTned persons shall constitute the Board Of Directors until their successors are elected: W. <. James, residing at Los An geles, California; J. r. Flint, residing al Los Angeles, California; |. O. Scannell, residing at Los AngeleS. California; Geo. W. I.asher, rssiding at Los Angeles, California, and O. r. Midanan, residing at Los Angeles, Cal Thereafter the Board of Directors shall be elected from among the stock holders at the lime and in the manner which may be pro- Nided by the Bylaws of this corporation,
 ARTICLE VT.
 The highest amount Of indebtedness or lia- bility, direct or contingent. To which this cor loration iS al any lime subject shall be Thre Hundred ThiTty-three Thousand. Three Hundred Thirty-two Dollars (S}33, 00j
 ARTICLE VII.
 The private property of the stock holders of this corporation shal be exempt from corpcr- ate debts of any kind whatsoever.
 In witness whereof, we have hereunto set onr hands and seals this 18th day Of April lsO2.
 w <. JAMES fsEALl
 J. O. SCANNEII lSEALi
 Q. r. WIDAMAN SEAL
 GEO. W. LASHER SEAL
 J. ?. FLINT SEAL
 STATE oF CALIFORNIA
 County of Los Angeles. '' 0n this lSIh day of April in the year \. D. 1'S2. before me, J. V iscman Macdonald. a SOtary Public in and for the State and couu- " aforesaid, residing therein, duly commiS- ElOned and sworn, personally appeared W. & Janes, J. r. Flint. O. r. Widaman. J. O. ScaInel ond Geo. W. Lasher, known tO me ta toe the persons described in, whose names are subscribed to, and who executed the an- neXed instrument, and they acknowledged to hle that they executed the same for the pur poses and considerations therein expressed In witness whereof, have hereunto set my hand and affixed my official seal, at my laffiea in fhn said Statn n1nl he An