Arizona republican., 1902-07-28

same; to borrow money, to make and
issue promissory notes, bills of ex-
change, bonds, debentures and obliga-
tons or other evidences of Indebtedness
of all kinds, whether secured by mort
gage, pledge or otherwise, and secure
the same by mortgage. pledge or other
wise; also to purchase, hold and sell
the securities, stocks and bonds of other
corporations; and to do all things per-
missa BILE by the laws under which this
company is incorporated.
g.
The authorized amount Of capital
stock of this corporation shall be Two
Million Five Hundred Thousand DOL
lars (S2, 500, O00) divided into two million
five hundred thousand (25o0. OO0) shares
of the par value of One Dollar (S1.0O)
each. At such time or times the
Board of Directors may by resolution
direct, said capital stock shall be paid
into this company, either in cash or by
the sale and transfer to 1t of real or
personal property, or services rendeed,
or labor performed, for the uses and
purposes of said corporation. in pay
ment for which shares of the capital
stock of said corporation may be
issued and the capital stock SO
issued shall thereupon and there
by become and be fully paid up
and n-assessab1e, and in the absence
of actual fraud in the transaction, the
judgment of the Directors as to the
value of the property purchased or
services rendered, or labor performed
shall be conclusive.
The time of the commencement of
said corporation shall be the date OF
the filing of these Articles of Incorpo-
ration in the office of the Secretary of
Arizona, and the termination thereof
shall be twenty-five (25) years there
after.
The affairs of this corporation shall
be conducted by a Board of seven Di-
rectors, and the following named per-
sons shall constitute the Board of Di-
rectors until their successors ara elect
ed: Garrett Brown, Harvey S. Shell
don, Robert w. Millar, Louis F. Muel-
Ter Will E. Broadway, Donald L. Nor
rill and Garrett Brown, Jr.
Thereafter the Board of Directors
shall be elected from among the stock
holders, as the bylaws of the COM
pany may provide. With the assent in
writing or pursuant to the vote of the
holders of four-fifths (4-5) of all the
stock. irrespective of class, issued and
outstanding, the Directors shall have
power and authority to sell, assign,
transfer convey or otherwise dispose
of the property and assets of this cor
poration as an entirety, on such terms
and conditions, and for such considera-
tons as the Directors shall deem fit,
right and just.
The highest amount of indebtedness
or liability, direct or contingent, TO
which the corporation is at any time
subject. shall be Seven Hundred and
Fifty Thousand Dollars (s750, 100000.
T.
The private property of each officer
and stockholder of said corporation
shall be exempt from corporate debts
of any kind whatsoever.
IN WITNESS WHEREOF, We have
hereunto set orr hands and seals this
18th day of June, a. D. 1902.
GARRETT BROWN. (SeaD
HARVEY S. SHELDON. (SeaD
| ROBERT w. MILLAR. (SeaD
LOUIS F. MUELLER. (SeaD
WILL E. BRADWAY. <SeaD
DONALD L. MORRILL,. (SeaD
GARRETT BROWN, JR. (SeaD
State Of Illinois,
| County of Cook, SIS.
On this 18th day of June, IN the year
1902, before me, Ada l.. Ketchum, II
Notary Public in and for the State and
County aforesaid, residing therein, duly
commissioned and sworn, personally
appeared Garrett Brown, Harvey S.
Sheldon, Robert w. 'Millar, Louis F.
Mueller, Will E. Broadway, Donald L.
Morrill,, and Garrett Brown, Jr., known
to me to be the persons described in.
whose names are subscribed to. and
who executed the foregoing instrn-
ment, and they acknowledged to me
| that they executed the same for the
purposes and considerations therein
expressed.
IN WITNESS WHEREOF, I have
hereunto set my hand and affixed my
official seal at my office in the said
State and County, the day and year
last above written.
(Notarial Seal.)
ADA l.. KETCHUM,
Notary Public
My commission expires June 10, 1903
Territory of Arizona.
County of Maricopa, SIS.
I. B. F. McFall, County Recorder in
and for the County and Territory
aforesaid. hereby certify that I have
compared the foregoing copy with tbs
original Articles of Incorporation of the
''MACKINAN FREE NJ L Ii n G
MINES COMPANY filed and recorded
in my office on the oath day of June
1902. in Book No. II of Interpretations al
Page -, and that the same is a full
true and correct copy of such origina
and of the whole thereof.
Witness my hand and seal of Office
this oath day Of June. 1902.
(Seal) r. F. MCCALL,
County Recorder
BY A. S. ARTHUR, Deputy.
Filed and recorded in the Office of thc
Secretary of the Territory of Arizona
this oath day of June, a. D. 1902, a
soc p. m. ISAAC T. STODDARD,
Secretary of Arizona
First publication July %.
MINING APPLICATION NO. 77S.