Arizona republican., 1902-02-05
ARTICLES OF INCORPORATION
 OF THE LAST CHANGE MINING AND SIMPLIFYING COMPANY.

That we, whose hands are hereunto af- fixed. do hereby associate ourselves to- gether for the purpose of forming a corporation under the laws of the Ter ritory of Arizona, and to that end make the following statement:
 First: The names of the corporatorS are:
 A. F. Cox. Thos. A. Wiatt. F. r. Me Cullough. Rufus SwitZer and Wm. T. Cox and the name of the corporation shall be Last Chance Mining and Smelling Company. The principal place in which the business of said corpora tion within the Territory of Arizona is to be transacted is Phoenix, Maricopa County. Arizona. and the principal place of business of said corporation outside the Territory of Arizona shall be the city of Huntington in the State of West Virginia, at which meetings of the Board of Directors may be held. and the corporation may have such branch offices either within or without the Territory of Arizona as may be established by the Board of Directors. Second: The general nature of the business proposed to be transacted by this corporation is as follows. to-wit:
 To purchase. lease, bond, locate or otherwise acquire, own, exchange, sell or otherwise dispose of. pledge. mort gage, hypothecate and deal in real es tate and any and all kinds of personal property, mines, mining claims. oil lands mineral lands. oil, gas, asphal- tum, petroleum, water and water rights and machinery, and to work. mine, explore, operate and develop the same: to do a general real estate, man ufacturing and mercantile business; to own, handle and control letters patent and inventions and shares of capital NF n money and execute notes. bonds, mort gages or deeds of trust to secure the same, and to exercise in respect of all such bonds, mortgages, notes, shares of capital stock and other securities and obligations any and all rights, powers and privileges of individual owners thereof. including the right to vote upon any shares of stock held by it to the same extent that natural person might or could do: and in gen. eral to do all things necessary to the proper conduct of the business of this corporation in the Territory and else where, not inconsistent with the laws of the United States and the Territory of Arizona.
 Third The authorized amount of capital stock of this corporation shall be five million (s5.000.0 .000) dollars. di- vided into fifty thousand shares of the par value of one hundred dollars (SlOO.GO) each. At such time as the Board of Directors may by resolution direct said capital stock shall be paid into this corporation either in cash or | by the sale and transfer to it of real or personal property for the uses and purposes of said corporation, in pay ment for which shares of the capital stock of said corporation may be is- sued, and the capital stock so issued shall thereupon and thereby become and be fully paid up and non-assess- able and in the absence of actual fraud l in the transaction the judgment of the | Directors as to the value of the prop erty purchased shall be conclusive. | Fourth: The time of the commence ment of this corporation shall be the date of the filing of these articles Of in corporation in the office of the Secre- tary of Arizona. and the termination thereof shall be twenty-five years l thereafter.
 Fifth: The affairs of this corpora tion shall be conducted by a Board of five Directors and the following named shall constitute the Board of Directors luntil their successors are elected: | A E. Cox. Thos. A. Wiatt. F. F. Me lCullouGh, Rufus SwitZer and w. T. Cox. Thereafter the Board of Direct DTS shall be elected from among the stockholders as the bylaws of the cor operation may provide.
 Sixth: The highest amount of in- ldebtedness or liability, direct or con tingent to which this corporation is at any time subject shall be one million dollars (s1.O00. .0O0).
 Seventh: The private property of the stockholders of this corporation shall be exempt from corporate debts of any kind whatsoever.
 In Witness Whereof. We have here unto set our hands and seals this ninth day of January 1902
 RUFUS SWITZER- (Seal)
 A. F. COX. (SeaD
 VIM. T. COX. (SeaD
 F. F. MCCULLOUGH. (Seal) THOS. A. WYATT. (SeaD State of West Virginia,
 County of Cabell, ss.
 On this tenth day of January. in the year 1902, before me, A. l.. Gregory a Notary Public in and for the State land County aforesaid, residing therein duly commissioned and sworn. person. ally appeared A. E. Cox. W. T. Cox Thos A. Wiatt. r. F. Mccullough anC Rufus Switzer, known to me to be tht persons described in, whose names ar' subscribed to, and who executed tn, anneXed instrument, and they acknowl edged to me that they executed th' same for the purposes and considera tions therein expressed.
 In Witness Whereof. I have hereunt' set my hand and affixed my officia seal, at my office in the said State anC County, the day and year last abov' written.
 (Notarial Scalp
 A. l.. GREGORY.
 Notary Public My commission lasts during good be 2 havior.
 Territory of Arizona,
 " County of Maricopa, ss.
 I, B. F. McFall. County Recorder il and for the County and Territor