The news-herald., 1902-03-01
Articles OF incorporation
OF the
CONTINENTAL MOUNT
AIM MINING COMPANY.

Know All Men by These Presents:
That we, the undersigned. have this
day voluntarily associated ourselves
together for the purpose Of forming q
corporation under the laws Of the Ter
ritory of Arizona.
Article I. The name of said corpora
ton shall be CONTINENTAL NOUN
TAIN MINING COMPANY" and the
principal place of business shall be at
Phoenix, Maricopa County, Arizona
Territory; and branch offices at such
other places as the board Of directors
may see fit to establish, ana the names
of the incorporators are: Charles
Fleming, of Phoenix, Ar4Z.: James P.
Fleming, of RichlanG Springs, Texas,
and John Gray of Phoenix, Arizona.
ARTICLE II.
The general nature Of the business TO
be transacted is acquiring possession
and title to mineral and oil lands, either
by purchase. bond or lease Of same, and
the disposal Of the same by sale, lease
or bond. The development Of lands &C.
quired by sinking shafts. wells, or by
drifting tunnels or drifts; the erectiolI
of buildings, hoists, warehouses, fac
tories, furnaces or mills necessary 70
the proper conduct OF the business OF
the corporation; the construction or
purchase Of traMG ana other roads,
pipe lines, fumes, bitches, canals, and
every other thing necessary to the
proper conduct of the business OF the
corporation The buying and selling OF
merchandise oils, minerals, metals.
timber, lumber Or agricultural prod
ucts. The right to DO any Rnd al acts
not inconsistent with the laws OF All
zona made. and provided for the gov
ernment of corporations.
ARTICLE III.
The amount of the capital stock Of
said corporation is $500, 900. 90: the num-
ber of shares into which 1t is divided ID
500, 600 of the par value OF e1O0 each.
Said capital stock shall be paid FOR at
such times and in such manner as the
board OF directors shall determine 0Dd
authorize; and whenever said stock ID
Issued, it shall be considered al fully
paid up and thereafter shall be nom
assessable for any purpose. BY this
corporation.
ARTICLE ".
The time of the commencement Oh
this corporation shall be the date OF
filing Of these articles OF incorporation
in the office of the Secretary Of the
Territory Of Arizona.
ARTICLE v.
The affairs of this corporation shall
be conducted by board OF not less
than three, nor more than nine direct,
ors, who shall be elected annually by
the stockholders on the first Monday tr
January of each year.
This corporation shall also have tht
right to hold quarterly meetings at An5
time or place designated by the bOArt
of directors; and until the hrst annuA
election, and until their successors AF'
duly elected and qualified, the follow
ing named persons shall constitute thu
officers and directors: Charles F1en
ing. President; James p. Fleming
President; John Gray. GecEstarl
and Treasurer.
ARTICLE VI.
The officers Of this corporation VAAl
be a president, vice-prestdent, Recre
tary and treasurer, who shall be elect
ed annually by the board of directOr'
at such time as may be, by the bylaw
of this corporation designated; prOvad
ed that the president and ce-pTesid&nt
shall be elected from among the AeAFt
of directors and the secretary ant
treasurer may be elected from tn
stockholders or the board Of dIrecAOrs
ARTICLE VII,
The directors of this corporation
shall hold office for the period Of ont
year after their election, and until Ghe1l
successors are duly qualified anE
elected.
ARTICLE VIII.
The highest amount Of indebtedness
or liability to which this corporation II
at any time to subject itself, direct 81
contingent, is the sum of one hundred
thousand dollars ($1OO, ,000).
ARTICLE TX.
The stockholders OF this corporation
and their private property shall be ex'
empt from the corporate debts of thi:
corporation, and from any and all la
bility therefor.
ARTICLE K.
The board Of directors shall have
power TO establish bylaws and to make