The Tucson citizen., 1902-01-15


ouire and deal IN any property, ana u
do or transact anything necessary Tor
tho carving out and engaging IN any |
of said foregoing lines OF business a'So
the locating. appropriating ooy!hB'
sclling. bonding, leasing and oeVeiop
jnr water rights, and construc'ia'
bitches. fumes, pipes, reservoirs etc" I
for thn conveyance of water; also tN'
.,onsrructing Of uamways for the cor
vnvanac3 OF ore or other material
ARTICLE Y,
The amount Of capital stock althot-
ized by said corporation IS ana sual' pc
one million dollars ($l0o0oool, 10 pc
divided into one million shares OF tee
mar value of one dollar t$l) per snare
and that the time when and rondluonS
upon which it Is to be paid are as loI-
lows:
All stock issued must be fully PAID
for in cash or property upon issuance
and shall thereafter be fully palo op
and forever worcestershire. 1or any
purpose whatsoever.
ARTICLE VI
The time OF the commencement 81
this corporation shall be the date oI
the filing OF these articles OF incor-
norati0n for record in the office OF the
County Recorder of Pima county. Ter
ritory of Arizona. and the termination
thereof shall be twenty-five t2') years
thereafter. unless the same be renew
Cd pursuant 10 TIE laws Of Arizona be-
fore the termination thereof
ARTICLE VII.
;,,, e tE5. gDrpnratiGD are
to be conducted Ivy a Board OF five t'l
Directors. to be elected annually, on
the third Tuesday in December OF eath
year: provided, however, that until ~"
third Tuesday in December, A. y, 1872
the affairs OF this company shall be
conducted by the following Board Of
Directors. towit; George +. Stearns,
Fred II. Nahrenkamp, George w,
Wildermau.. H. b. Marshall and Frank
G. Finlayson, who shall hold Off
until the said third Tuesday in Decem-
ber. a. d. 1902. or thereafter until their
successors are elected ana qualified.
Each stockhoder of this corporation,
in all elections for Directors and otheH
elections. and on the consideration or
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 me
books OF the company, each share 2t
stock being entitled to one vote.
rhe officers of said corporation shall
be a President. Vice. resident, Secre-
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 viii
be elacted By the Board OF Dlrec-
tors. after the election of said Direc-
tors. and small hold office at the Will
and pleasure of said Directors
Vacancies in the Board OF Directors
shall be filled as may be provided IN
the Bylaws.
ARTICLE Viii.
The highest amount OF Indebtedness
or liau!Iity for winch this corporation
can at any time subject itself Is the
sum of five thousand collars t$5,000)
ARTICLE TX.
The private property of the stock
holders of this corporation snail De
exempt from al. corporate debts. and
the stockhoruers of this corporation
are hereby exempted from all liability
for any debt of said corporation.
ARTICLE X.
This corporation shall have an office,
for the transaction OF 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
and other meetings of the stockholders
and the elections may be held thereat.
ARTICLE AI,
Section =. The Board Of Directors
shall have tue power to make. ADOPT
and amend Bylaws for the govern
ment 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 lie same by mortgage on
the property OF -.4e corporation, or in
any other manner designated by said
BYLAWS, not exceeding, however. said
total Indebtedness OF five thousand
uonars t$5,0U0) 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.
ADTIHI u VIII
The said corporation shall have pow
er to Increase or diminish its capital
stock or increase or diminish thenum
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 and by publishing the same in
the same manner as is provided by law
Tor the recording ana publishing Oi
these articles of incorporation.
In witness whereof, we have here
unto set our hands and seals this 18th
day of December. A. D. 1907.