Arizona republican., 1902-02-26
ARTICLES OF INCOR- PORATION
 OF THE,

PIONEER MUTUAL MINING AND
 EXPECTATION COMPANY.
 Know All Men by These Presents That we. the undersigned. being the owners and holders of a majority of the outstanding capital stock of the said Pioneer Mutual Mining and Exploration Company. a corporation organized and Incorporated under the laws of the Territory Of Arizona, and holding a certificate thereof issued by the Secre- tary of State of said Territory under the great seal thereof, bearing date the 18th day of November, A. D. 1898, do hereby certify: That at the annual meeting of said corporation. held at Phoenix, in said Territory, on Tuesday. the 1th day of January. A. D. 1902, by the affirmative vote of ma jority of the stockholders of said corpora ton the said articles of incorporation of said company were amended so as to read as follows:
 First: That the name of said corpo- ration is The Pioneer Mutual Mining and Exploration Company and it's principal place of transacting business shall be at Phoenix, Maricopa county. ! Territory of Arizona. and a Los An geles, County of Los Angeles, State of California
 Second: That the general nature of the business proposed to be transacted is as follows. to-wit: To buy and sell mines. mining stocks, buying and sell ing real estate, selling mining stock on commission, to execute mortgages and deeds of trust. and to do and perform any and all acts incidental and neces- sary for the proper carrying on of the business of mining and erecting mining machinery; also, to develop water power. such as building canals and fumes. and erecting electric power plants to operate machinery of any and all kinds. and to make such invest ments as the Board of Directors may approve of: and to apportion the profits derived from actual subscribed capita. stock, until the sane shall have accu- mulated to a certain sum, and then to repay same to the stockholders or Ju participate in the profits as declared by the Board Of Directors.
 Third: That the term for which it is to exist is twenty-five (25) years from and after the date O: it's incorporation. commencing from the date of filing said articles with the County Recorder. Fourth, That the number of it's Di- rectors shall be five C5) and that the names and residences of those who
 were and are elected for the fiscal year beginning January :, \. D. 1902, and until their successors shall be duly elected and qualified are:
 Names. Residence. F. II. Russell, Los Angeles. Cal. II. C. Dillon, Los Angeles, Cal. <. C. Jones, Los Angeles, Cal. A C. Harper. Los Angeles, Cal. Jas. r. Boal. Los Angeles. Cal
 Firth That the amount Of capital stock of this corporation authorized is Ten Million CS10.0OO, ,cOO) dollars divided i1tc two hundred thousand (2O0. .O0O) shores. oT the par value of fifty Cs5G) iloillr~ each. to be paid in as herein after required by the directors. and in accordance with the bylaws, as re. Huired for the business or the corpo- ration.
 Sixth: That the affairs of said cor uov1tion shall be conducted by Board nf Directors of five (5) members. who 7re to be elected on the first Tuesday in JaUuary ct each year during the eNiStence of the corporation.
 Seventh: That the private property of each officer and stockholder Of said corporation is to be exempt from all corporate debts.
 Eighth: That the amount of said capital stock which has been actually subscribed at the date of the incorpo- ration of said company was and is eigh- teen thousand CsiS.O0O) dollars. and the following are the names of the persons by whom the same was subscribed, as stated in the said original articles, to-