Mohave County miner., 1902-12-13
Articles of Incorporation
OF THE
Gold Hills Mining Company.

| OoA@ AAAiS AfAhAilS SOiAAHAilI
KNOW ALL MEN BY THESE PRESENTS; That
We Henry 5. Mackay and Leslie G.. Ferree
citizens OF the United States of America, have
this day voluntarily associated ourselves to
ton under the laws OF the Territory OF Ari
| zOna, and do adopt the following Articles OF
Incorporation and do hereby certify and de
clare:
| That the names of the incorporators OF this
Company are, Henry S. MacKay and Leslie C.
/ Ferree
| That the name of the said corporation Is
THE GOLD HILLS MINING COMPANY.
That the principal place of transacting the
business OF the said corporation is and shall be
| kingman, in the County OF Mohave, in the
! Territory OF Arizona, with branch offices at
| such place or places in the United States Of
America or elsewhere, as the Board OF Direc-
tors OF said company may from time to time
| designate.
That the general nature of the business pro
| poeed TO be transacted is,
To carry on "a general mining business and
| To buy, sell, lease bond, develop, operate
| or otherwise deal in mines mining claims, and
mineral lands and any and all interest therein
| OF whatsoever character. and
To buy, sell, lease bond construct, maintain
and operate bitches, fumes wells. reservoirs.
pipe lines and other equipments necessary or
incidental TO he development or TRANSFORMATION
OF water or other fluids for mining milling and
other purposes.
To obtain by purchase, or otherwise. mills,
machinery, mill sites and mill buildings and 70
erect thereon all necessary buildings, shops.
mills, smelters concentratorS, crushers, and
any and every and all apparatus used in the
reduction Of ores bearing gold and other metals:
To buy, sell, lease, bond, construct. maintain
and operate railroads, wagon roads, tram ways,
or other agencies suitable for the transporta-
tion of ore or other materials TO and from the
mines or principal works or places OF business
OF said company TO some nayigable stream,
railroad. turnpike or public way;
To own handle aud control Letters Patent
and Inventions relating TO- and incident 20 the
mining, milling, smelling and reduction OF
ores;
To carry and conduct general mercan-
To borrow money and TO issue bonds and
other evidences Of Indebtedness, and to mort
gage, pledge, sell and otherwise dispose of
any or all property OF whatsoever nature, be-
longing to SAID company;
To acquire both real and personal, and all
property which may be necessary or incidental
to carrying into force anc effect the objects and
purposes for which the said corporation is ere
ated; and
To mortgage, pledge, hypothecate, sell, and
otherwise dispose of any part or all Of said
property; and
TO buy, sell, exchange, own, pledge. hypoth
ecate, and otherwise deal In mining stocks and
secureties or other stocks and secureties in
such manner and extent as shall not be in con
tct with the laws of the United States OF Of
the Territory OF Arizona;
To locate, run and operate tunnels and tunnel
sites upon Government and other lands and
To locate, record and patent any and all lode
or placer mining claims, tunnels and tunnel
sites; and
To do and perform any and all and every the
acts necessary or incidental TO the carrying on
the business herenbefore specified.
III.
That the amount Of the capital stock Of the
said corporation shall be ONE MILLION, TWO
HUNDRED FIFTY THOUSAND OF DOL
LARS Sla5l,O00), divided into One Million
Two Hundred Fifty Thousand (l.2j0,0OO) shares
of the par value OF one Dollar (Sl.OO) per share.
and the said One Million, Two Hundred Fifty
Thousand shares OF said Capital Stock to be
also divided into Two Hundred Fifty Thousand
!2SoOOO shares OF preferred stock and One
Million O,OOOOOO) shares OF common stock: the
said Two Hundred Fifty Thousand C25OOOO)
shares Of preferred stock are preferred as TO
the assets of said corporation 10 the amount OF
Two Hundred Fifty Thousand Dollars (s25O OOO),
so that in the event Of the dissolution of said
corporation. or sale OF its assets Tor the pur-
pose OF distributing the proceeds among the
stock holders. the holders OF said preferred
stock shall receive the proceeds OF the eorpor.
ate assets up to said amount Of Two Hundred
Fifty Thousand Dollars and the excess IL any,
shall be divided among the holders OF said com
mon stock.
The holders OF said preferred stock shall also
be preferred as to the dividends 10 be declared
by this corporation, as follows: No dividends
shall be declared or paid on common stock un.
til dividends have been first paid on preferred
stock, at the rate OF eight (s) per cent. per an
mum, on the par value OF said preferred stock;
after dividends on preferred stock at the rate
OF eight (sl per cent. per anuum, have been de.
clared ana paid dividends upon the common
stock may be declared aud paid out OF the sur.
plus earnings OF said corporation, II any.
".
That the corporate existence Of said com
pany shall commence on the day and date OF
the filing Of these Articles OF Incorporation for
record In the ofiice of the County Recorder OF
Moiave County, Territory OF Arizona and a
certified copy thereof with the Secretary OF the
said Territory, and shall endure for twenty-five
(25) years thereafter.
That the highest amount Of indebtedness or
liability, direct or contingent, which this cor
poration is at any time subject, shall not in
any case, exceed Eight Hundred 1hirty.three
Thousand Three Hundred Thirty three Dollars
and Thirty-three cents.
VI
That the stockholders OF said CORPORATION
shall not be individually liable for the cebts |
OF the said corporation, and that all the private
property OF the stockholders shall be exempt |
from liability for any or all Of the debts Of this
corporation.
In witness whereof. We have hereunto set |
our hands and seals this 4th day OF November, |
A. ID. 1902.
HENRY S. MACKAY [Seall
LESLIE O. FERREE tSeall