Mohave County miner., 1902-11-22
Articles of Incorporation
OF THE
Gold Hills Mining Company.

KNOW ALL MEN BY THESE PRESENTS; That
we, Henry $ Mackay and Leslie C. Ferree,
citizens OF the United States of America, have
this day voluntarily associated ourselves to-
gether for the purpose OF forming "a corpoi a.
tion 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 G.
Ferree.
That the name OF the said corporation is.
THE GOLD HILLS MINING COMPANY.
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 plac 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 he 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 transportation
OF water or other fluids for mining milling and
other purposes.
To obtain by purchase or otherwise, mills
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 raj roads, 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 navigable stream,
railroad, turnpike or public way;
To own handle and control Letters Patent
a Iw,.r al..4 Il.
mining, milling, smelling and reduction Of
ores;
To carry on and conduct a general mercan-
the business;
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 sald company;
To acquire both real and personal and all
property which may be necessary or incidental
TO carrying into force ano 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
tict with the laws Of the United States or OF
the Territory Of Arizona;
To locate, run and operate tunnels and tunnel
sites upon Government and other lands: and
TO locate record ana patent any ana all lode
or placer mining claims, tunnels and tunnel 1
sites; and
To do and perform any and all and every the !
acts necessary or incidental TO the carrying on
the business hereinbefore specified.
That the amount of the capital stock OF the |
said corporation shall be ONE MILLION, TWO |
HUNDRED FIFTY THOUSAND OF DOL |
LARS OLE ',0o0), divided into One Million |
Two Hundred Fifty thousand a $50 OOO 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 |
$50 900 shares OF preferred stock and One |
Million O.UOO0OOl shares OF common stock: the |
said Two Hundred Fifty Thousand (95OOOW /
shares OF preferred stock are preferred as to /
the assets ~ said corporation 20 the amount of .
Two Hundred Fifty Thousand Dollars $3.50 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 amone the |
stock holders. the holders of said preferred |
stock shall receive the proceeds of the corpor-
ate assets UP to said amount of Two Hundred |
Fifty Thousand Dollars and the excess II any, /
shall be divided among the holders OF said com
mon stock
be preferred as TO the dividends to be declared !
by this corporation, as follows: No dividends |
shall be declared or paid on common stock un-
I'll DIVIDENDS have been first paid on preferred
stock, at the rate OF eight (sD per cent. per an
mum, on the par value of said preferred stock;
after dividends on preferred stock, at the rate
oi eight (sD per cent. per annum. have been de.
clared and paid, dividends upon the common
stock may he declared and paid out OF the sur
plus earnings OF said corporation, il any.
Nv.
That the corporate existence OF said com.
pany shall commence on the day and date of
the hling o. these Articles OF Incorporation for
record in the office Of the County Recorder of
MoJave County Territory OF Arizona and a
certified copy thereof with the Secretary of the
said TerritOry, and shall endure for twenty-five
l25) years thereafter.
V.
That the highest amount OF indebtedness or
liability, direct or contingent, which this cor
Doration is at any time subject, shall not in |
my case, exceed Eight Hundred Thirty-three
Three Hundred ThirIy-three Dollars
md Thrty-three cents.
vi
That the stock holders of said CORPORATION
'haD not be individually liable for the tebts
" the said corporation, and that all the private
property OF the stock holders shall be exempt
rom liability for any or all Of the debts Of this
In witness whereof, We have hereunto set
,ur hands and seals this 4th day OF November
4. ID. 1902
HENRY S. MACKAY, TSeall
LESLIE O. FERREE fCa.n