The news-herald., 1902-05-31


vote, after the publication required by
law.
BUSINESS.
Article g. The general nature of the
business to be transacted by this COR
poration shall be: to explore for, mine
and extract gold, silver, copper and
mineral bearing earth and rock; to
mine. ship or mill the same; to erect
and maintain any and all kinds OF
smelters. mills, reduction and concen-
/ tration works for treatment of all kinds
/ Of ore; to purchase, own and dispose
of, mortgage, pledge and deal in any
and all kinds of mining claims. ore,
mineral and real and personal prop
erty: to buy own, sell and conduct
general merchandising, boarding house
and hotel business; to do such business
as is generally and usually carried on
by mining and milling corporations;
and to do all and everything necessary,
suitable and proper for the accomplish
ment of any of the purposes herein be-
fore enumerated. Said business to be
carried on in the Territory of Arizona
land other States and Territories OF the
United States.
AMOUNT OF STOCK.
Article A. The amount of stock of this
CORPORATION authorized is One Million
($1, 900 0G0.00) Dollars. divided into One
Million shares at the par value OF One
($1.00) Dollar per share, which shall be
paid for in full at the time of the lSsu-
ance thereof.
OFFICERS.
Article 5. The officers of this corpo-
ration shall consist of a Board of Dl-
rectors of five members who shall be
stockholders in said corporation and
shall be elected al the annual meetings
of the stockholders and shall hold office
until their successors are elected ana
qualified. The executive officers OF this
corporation shall consist of President
and Vice President who shall be Di-
rectors, and Secretary and Treasurer.
who may or may not be Directors. The
offices of President and Treasurer may
be held by the same person. Such OH"
GERS may be chosen by the Board OF Dl-
rectors at their annual meetings. Until
the first annual meeting of the stock
holders and Directors, which shall be IN
1903. and until their successors are
elected and qualified Geo. B. Upton
shall be President and Treasurer. Geo.
e. Sanders shall be Vice President, and
Donald S. Nicholson shall be Secretary
who, together with Albert Smith and
Almer Childers, shall constitute and
serve as the first Board of Directors
and shall hold office until their sue
cessors are elected and qualified. Any
vacancies in the Board of Directors or
Executive Officers may be filled by the
Board of Directors at any regular or
special meeting called for that pur-
pose, and the persons chosen shall hold
office until the next annual meeting
and until their successors are elected
and qualified. The Board Of Directors
shall have the power to constitute.
delegate and appoint such other otil-
GERS. agents, superintendent and man
ayers as they may deem proper for the
carrying on of the business of this cor
poration.
MEETINGS.
Article G. There shall be held on the
third Wednesday after the first Mon
day in January, A. D.. 1903. at two
O'Clock p. m. and at the offices of the
corporation in Wickenburg, Arizona,
and at the same time in each succeed
ing year, a regular annual meeting OF
the stockholders for the election OF Di-
rectCrs and reporting the condition OF
the affairs of the corporation. and the
transaction of such other business as
may properly come before it. The an
nual meeting Of the Board of Directors
for the election of officers and transac-
ton of such other business as may
properly come before it. shall be held at
three o'clock p. m. on the third We'd
nesday after the first Monday in Janu-
airy, 1903 or as soon thereafter as can
be conveniently done, and at the same
time in each succeeding year, and no
notice of such annual meetings need
be given. Special meetings of the
stockholders or Board of Directors may
be held at any time upon the call OF the
President or Secretary, but no special
meetings shall be held until each of the
stockholders or Directors as the case
may be, has been notified by written
notices thereof enclosed in an envelope
duly directed to his last known post
office address. postage prepaid, ana
deposited in the postoffice at Wicken-
| burg, Arizona, at least five days before
such meeting. No notice need be given
of any meeting at which all the stock
holders or Directors are present. Any
meeting of the Directors of the corpo-
ra ton may be held at such place, with
in or without the Territory OF Arizona,
as the President may call, or the Di-
rectors by resolution may direct.
PRIVATE PROPERTY EXEMPT.
Article I. The private property of
the stockholders of said corporation
shall not be liable for corporate debts
or liabilities. but shall be wholly ex-
empt therefrom.
LIMIT OF DEBT.
Article s. The highest amount of in
debtedness or liability to which this
corpora ton at any one time shall be
subject, is two-thirds of it's capital
| stock.
CONVEYANCES.
Article 9. All conveyances or in
! cumbrances of real estate of this cor
pora ton shall be executed by the Pres
ident, attested by the Secretary, and
under it's corporate seal. Other instru-
ments in writing shall be executed by