Arizona republican., 1902-10-03
ARTICLES OF INCORPORATION
 OF THE NEVADA COAL AND POWER
 COMPANY"

Know All Men By These Presents: That we whose hands are hereuntO af- fixed do hereby associate ourselves to- gether for the purpose of forming cor- poration under the laws of Arizona. and to that end make the following state ment:
 First The names of the corporators are T. c. Elgie, E. L. Mims, Edward Bowes and s. E. Vermilyea and the name of the corporation shall be the Nevada Coal and Power Company. The principal place of business of the corporation within the Territory of Arizona is to be at Phoenix, Maricopa County, Arizona, and the principal place of business of said corporation outside the Territory of Arizona shall be the City of Butler CTonopah), Nye County, in the State of Nevada, at which place meetings of the board Of directors may be held, and the corpo- ration 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 to be transacted by this cor
 
 To work, operate, buy. sell. locate, lease. procure. hold, and deal gen orally in mines, metals and min erl claims of every kind and de- scriptiOn in any part of the United States or elsewhere; to carry on and conduct a general mining, smelting. milling and reduction busi- ness; to buy, sell, manufacture and deal in machinery, plants. implements, con- veniences. provisions and things capa- ble of being used in connection with metaliurgical operations or any of the business of the company; to acquire purchase. hold, erect and operate cleo tric light and power plants for the purpose of mining and treating ores, and for the purpose of furnishing lights and creating power for all purposes to construct and operate railroads, tram ways or turnpikes from its principal works or place of business to some eX- isting railroad. turnpike or public highway; to own. bond, sell, lease and locate coal and oil lands; to own, bond, sell, lease and locate and build tele- phone lines; to purchase, take on lease or exchange, or otherwise acquire any real or personal property and any rights or privileges which the company may deem necessary or convenient for the purposes of it's business; to lay cut town or city sites on any land of the company; to apply for, accept, take, hold, buy, sell, dispose of, deal Tn and make advances on shares, stock, bonds, debentures or other securities of this or any other company or corporations; to distribute any of the property of the company among the members in specie; to sell or dispose of the undertaking of the company, or any part thereof, for such considera ton as the company may deem fit; to do anything consistent. proper and requisite for the carrying out of the objects and purposes afore- said in their fullest and broadest sense, in the the Territory of Arizona and elsewhere not inconsistent with the laws of the United States and the Ter ritory of Arizona.
 Third: The authorized capital stock of this corporation shall be one million (S1, ,OO0. .OOO) dol lars, divided into one million q .O0O. .O0O) shares of the par value of one dollar (S100) each. At such time as the Board of Directors may by resolu- ton 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, or for the ser ivces rendered for the uses and pur- poses of said corporation, in payment for which shares of the capital stock of said corporation may be issued, and the capital stock so issued shall there upon and thereby become and be fully paid up and non-assessab and in the absence of actual fraud in the transac- tion the judgment of the directors as to the value of the property purchased or services rendered shall be conclu- sive.
 Fourth. The time of the commence ment of this corporation shall be the date of the filing of these articles of incorporation in the office of the Sec retary of Arizona. and the terminal ton thereof shall be twenty-five (25) years thereafter.
 Fifth. The affairs of this corporation shall be conducted by a board of five directors, and the following naines shall constitute the board of directors until their successors are elected: T. G. FL gie, Edward Bowes. $. F.. Vermilyea, E. L. Mims and Wesley w. Warren JHGIedlltI tue DOdIu Ol ulItClOIS Slldll be elected from among the stockholders as the bylaws of the corporation may provide. The officers of said corpora ton until their successors are elected shall be: T. G. Elgie, President; $. l.. Vermilyea, Vice President; F.. l.. Mims. Secretary and Treasurer.
 Sixth. The highest amount of in- debtedness or liability, direct or con tingent, to which this corporation is at any time subject shall be two hundred thousand dollars ($200.000), which amount does not exceed two-thirds of the capital stock.
 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 eur hands and seals this the