Arizona republican., 1902-10-05

County. Arizona. and the principal place of business of said corporation outside the Territory of Arizona shall be the City of Butler (Tonopah). Nye County, in the State of Nevada, at which place meetings of the board of directors may be held, and the corpo- ration may have such branch offices either within or without the Territory of Arizona as may be established by the board of directors.
 Second: The general nature of the business to be transacted by this cor poration is as follows. to-wit:
 To work, operate, buy, sell. locate. lease, procure. hold. and deal gen erally in mines. metals and min erl claims of every kind and de- scription in any part of the United States or elsewhere; to carry on and conduct a general mining, smelling. milling and reduction busi- ness; to buy, sell, manufacture and deal in machinery, plants. implements, con- veniences, provisions and things capa- ble of being used in connection with metallurgical operations or any of the business of the company; to acquire purchase, hold, erect and operate cleo
  purpose of mining and treating ores, and for the purpose of furnishing lights and creating power for all purposes to construct and operate railroads, tram ways or turnpikes from its principal works or place of business to some ex- isting railroad, turnpike or public highway; to own, bond, sell, lease and locate coal and oil lands; to own, bond, sell, lease and locate and build tele phone lines; to purchase. take on lease or exchange, or otherwise acquire any real or personal property and any rights or privileges which the company may deem necessary or convenient for the purposes of its business: to lay cut town or city sites on any land of the company; to apply for, accept, take, hold, buy. sell, dispose of, deal in and make advances on shares. stock, bonds, debentures or other securities of this or any other company or corporation; to distribute any of the property of the company among the members in specie; to sell or dispose of the undertaking of the company, or any part thereof, for such consideration as the company may deem fit; to do anything consistent. proper and requisite for the carrying out of the objects and purposes afore- said in their fullest and broadest sense. Tn the the Territory of Arizona and elsewhere not inconsistent with the laws of the United States and the Ter ritory of Arizona.
 Third: The authorized capital stock of this corporation shall be one million C$1,OOO.OOO) dol lars, divided into one million c. .OC0, ,OOO) shares of the par value of one dollar (S1.OO) each. At such time as the Board of Directors may by resolu- ton direct said capital stock shall be paid into this corporation either in cash or by the sale and transfer to it of real or personal property, or for the ser ivces rendered for the uses and pur- poses of said corporation, in payment for which shares of the capital stock of said corporation may be issued, and the capital stock so issued shall there upon and thereby become and be fully paid up and non-assessable, and in the absence of actual fraud i'm the transac- tion the judgment of the directors as to the value of the property purchased or services rendered shall be conclu- sive.
 Fourth. The time of the commence ment of this corporation shall be the date of the filing of these articles of incorporation in the office of the Sec retary of Arizona. and the termination thereof shall be twenty-five (25) years thereafter.
 Fifth The affairs of this corporal tior shall be conducted by board of five directors, and the following names shal constitute the board of directors unti their successors are elected: T. G. FL Il gie, Edward Bowes, s. F., Vermilyea Il F. L. Mims and Wesley w. Warren II Thereafter the board of directors shal be elected from among the stockholders as the bylaws of the corporation may provide, The officers of said corpora tion until their successors are elected shall be: T. G. Elgie. President; s. F. Vermilyea, Vice President; E. L. Mims Secretary and Treasurer.
 Sixth. The highest amount of in debtedness or liability. direct or con tingent, to which this corporation is a any time subject shall be two hundred thousand dollars ($2OO.0OO), whicl amount does not exceed two-thirds O the capital stock.
 Seventh. The private property of thu stockholders of this corporation shall b. exempt from corporate debts of an! kind whatsoever.
 In Witness Whereof we have here unto set our hands and seals this tn eighth day of September, A. D. 1902. T. G. ELGIE (Seal
 F. l.. MINIS (Seal
 EDWARD BONES (Seal
 s. F.. VERMILYEA (Seal State of Nevada,
 County of Wye, ss.
 On this 11th day of September in tn year one thousand nine hundred an two, before me, Josiah R. Duffield,
 Notary Public in and for Nye County State of Nevada, personally appeare T. G. Elgie E. l.. Mims, Edward Bowe and s. E. Vermilyea, known to me t be the same persons whose names ar subscribed to the within instrument and who duly acknowledged to me tha they executed the same, freely and vol untarily, and for the uses and purpose therein mentioned.
 In Witness Whereof, have hereunt set my hand and affixed my official sea at my office in the County of Nye, tn