The Coconino sun., 1902-08-30
ARTICLES OF INCORPORATION
EXCELSIOR GOLD AND COPPER
 MINING COMPANY.

associate ourselves together Tor the purpose or forming corporation under the laws of the Territory of Arizona and for that purpose do make. sign and acknowledge. according to law, and adopt the following articles of incorpora- ton:
 ARTICLEL The names of the incorporators are Joseph Dent. Thomas Saver, Gustave Mudersbach and A. E. Douglass.
 ARTICLEH. The name of this corporation shall be Excel sior Gold and Copper Mining Company" and it's principal place of transacting business shall be in the town of Flagstaff. county of Coconino, territory of Arizona, with branch ofnces at such place or places as may be hereafter estab- lished by the Board of Directors
 ARTICLE III.
 The general nature of the business proposed to be transacted by the said corporation is a general mining, milling, smelling and reduction business; the buying, selling, leasing, bonding and working of mines, ores and bullion; the building of roads and tramways; the building, operating or leasing of railway, telegraph and telephone lines; to acquire by purchase or otherwise. in the United States or the territor- les thereof or elsewhere. real estate and min ing property, tunnels, mill sites, water and water rights, and to work mine. tunnel and otherwise develop mines; erect necessary buildings, mills, smelters, reduction plants, machinery and appliances, and purchase material for the same and for the proper work ing thereof; to mine for gold silver, copper. lead, iron and other minerals; to stamp, mill, melt, reduce, refine or otherwise prepare same for market; to export and import to, from and in Mexico, United States of America, the various countries of Europe and elsewhere, ores, bullion, copper matte and other products from the mines and works of said company; to acquire by purchase or other wise, and to work handle and control inven- tions and letters patent, relating to and inci- dent to the mining, milling and smelling of ores. To buy, sell, own. use and control and lo- cate real estate, water, water rights, mill sites, machinery, appliances. buildings, letters pat ent and inventions. To form other corpora tions, own, buy or sell stock and bonds. or other securities in them whether they may be mining, smelting, milling railway, telephone, telegraph. or other business or industrial cor porations. To borrow Honey, issue bonds; to mortgage, pledge or otherwise dispose of any or all of it's corporate 1roperty for the security and payment of any of its indebtedness, and to do any and all thingSj and t0 acquire all prop erty. real and persopal, which may be requisite and necessary or dssir9Sle in the opinion of it's Board of Directory 6carry into effect the ob- jects for which sS corporation was formed.
 ARTICLE w.
 The amount of capital stock shall be the sum of two million dollars (e2OOO.0OO), divided into two million (2,0OO,OOO) shares of the par value of one dollar (eD 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 cor poration, in payment for which shares of the capital stock of said corporation may be issued and the capital stock so issued shall thereupon and thereby become and be fully paid and non- tl s.~s -~S in the transaction, the judgment of the Direct ors as to the value of the property purchased shall be conclusive.
 ARTICLE
 The time of the commencement of this cor poration shall be the date of the filing of these Articles of Incorporation in the once of the Secretary of the Territory of Arizona, and the termination thereof shall be twenty-five (s5) years thereafter.
 ARTICLE VI
 The affairs of this corporation shall be con- ducted by board of five (5) directors, and the following named persons shall constitute the Board of Directors until their successors are elected: Joseph Dent, Thomas Saver, Gustave Mudersbach, A. E. Douglass. Hugh E. Camp bell
 Thereafter the Board of Directors shall be elected from the stockholders, as the bylaws of the corporation shall provide.
 ARTICLE VII.
 The officers of said corporation shall consist of a President, Vice. President. Secretary and Treasurer, together with such other officers as may be hereafter created by the Board of Di- rectors.
 ARTICLE VIII.
 The officers of said corporation until their successors are elected shall be: Gustave Mudersbach, President. Joseph Dent, Vice President. A. E. Douglas, Secretary and Treasurer,
 ARTICLE K. The highest amount of indebtedness or liabil- fly direct or contingent. to which this corpo- ration shall at any time subject itself shall be Two Hundred and Fifty Thousand Dollars (s250,00o), which amount does not exceed two- thirds of the amount of the capital stock.
 ARTICLE x. The private property of the stockholders of this corporation shall be exempt from corporate debts of any kind whatsoever. In witness whereof we have hereunto set our