The Tucson citizen., 1902-01-17

chandse, and generally own. hold, ac-
quire and deal IN any property. ana %
do or transact anything necessary tof
the carrying out and engaging IN any
of said foregoing lines of business; also
the locating, appropriating, buying,
selling, bonding, leasing and develop
ing water rights, and constructing
bitches, fumes, pipes reservoirs, etc.
TOR the conveyance Of water; also the
constructing of tramways for the cor
yfvances of ore or other material
ARTICLE V.
~ho amount Of capital stock author
.~,c Y said corporation is and shall be
one million dollars ($1,00o,0 ,000l. to be
divided into one million shares OF the
par valne OF one dollar ($D per share.
and that the time when and conditions
upon which it Is to be paid are as fol- !
lows:
All stock issued must be fully paid
for in cash or property upon issuance,
aud shall thereafter he fully paid NJ
and forever non-asscssable for any
purpose whatsoever.
ARTICLE VI.
The time of the commencement of
this corporation shall be the date Of
thc fling OF these articles of incor-
ppration for record in the Office of the
County Recorder Of Pima County, Ter
rii01v 0i Arizona, ana the termination
thereof shall be twenty-five go years
thereafter. unless the sarlc he renew
cd pv.uaat 20 the laws OF Arizona ba-
fore the termination thereof
ARTICLE VII.
The affairs OF this corporation are
TO be conducted by Board of five (ai
Directors. to be elected annually, on
the third Tuesday in December of each
year: provided, however that until thc
third Tuesday in December, a. u. 1902
the affairs Of this company shall be
conducted hv the following Board Ct
Directors. towit; George T.. Stearns,
Fred II. Vahronk4mp. George w.
Wilderman. l.. b. aIarghall and Frank
G. Fjnlays0n. who shall hold oifi }e
until the eald ,hIrd Tuesday in Dececl-
her. A. y, 1902. or thereafter until their
successors are elected ana qualified.
Each stakeholder of this corporation,
in all elections for Directors and Other
elections, and on the consideration Of
all questions at stockholders meet
ings, shall have the right to vote in
person or by proxy the number Of
shares owned by him as shown on the
books OF the company. each share ot
stock being entitled to one vote.
The officers of said corporation shall
be a President. Vice. resident. SecTe-
tary, Treasurer. a superintendent and
General Manager of the mines and
mills. and such subordinate officers
and assistants as may be necessary
All officers of said corporation will
be elacted by the Board OF Direc-
tors. after the election OF said Direc
tors. ana snail hold office at the will
and pleasure of said Directors.
Vacancies in the Boaru of Directors
shall pc filled as may be provided in
; lne Bylaws.
ARTICLE VII.
The highest amount of inaebtenness
or lia.4lIty for winch this corporation
can at any time subject Itself is the
sum of FIVE thousand collars (S3,OO0.)
ARTICLE TX.
The private property of the stock
holders of this corporation shall be
exempt from a.. corporate debts. and
me sIockhouers of this corporation
are HEREBY exempted from all liability
for dEy utDt OF SdIu tOl pOI dlIOh'
ARTICLE x.
This corporation shall have an ofi1ce.
for the transaction or its business. in
the State OF California, at the CITY OF
Los Angeles, n said State, and the said
Board Of Directors may meet, organize
and ransact the business of said cor
poration at said city; and the annual
I and other meetings of the stockholders
and the elections may be ncId thereat
ARTICLE NJ
Section :. The Board of Directors
shall have tie power to make, adopt
and amend BYLAWS for the govern
menl of the affairs of said corpora
| ton.
Section 2. The Board of Directors
shall nave the power to borrow mon
ey, execute corporate notes or bonds
of the corporation. and to secure the
payment of ,Le same by mortgage on
| the property OF ...e corporation. or in
any other manner designated by said
| Bylaws not exceeding, however, said
| total Indebtedness of five thousand
uonars $4,000 as limited by article
VIII hereof.
ARTICLE XII.
The corporate stock of this corpora
ton shall be forever non assessable.
and each certificate thereof shall state
upon its face the number Of shares re-
presented thereby, and that the same
is fully paid and forever non assess
abe.
ARTICLE Kill
The said corporation shall have pow
er to increase or diminish its capital
stock, or increase or diminish the num-
Der of directors or amend these articles
of incorporation at any annual meeting
incorporation at any annual meeting
of the stockholders, or at any special
meeting of the stockholders called for
that purpose by the affirmative
vote of a majority of the stockholders.
and by the fling of the certificate
thereof ana by publishing the same in
the same manner as is provided by law
Tor the recording ana publishing Of
these articles of incorporation.
In witness whereof, we have here
unto set our hands and seals this 18th