Mohave County miner., 1902-02-22


be necessary. convenient or desirable tor car
rying out the objects of this company.
l4th. To manufacture, purchase, acqu re in
any lawful manner, and to hold, own mort
gage, pledge, sell, transfer. or in any manner
dispose of, and to deal aud trade in oil, gas,
coal, iron, aud all minerals. lumber, goods,
wares, merchandise or property of any kind
aud ATTY class ard description.
18th. To acquire. receive, hold, own, survey,
plat, transfer, sell or otherwise dispose of town
sites aud town lots, and to lease and mortgage
the same or any part thereof.
10th. And In general to do any and ali acts
and things which may be deemed for the sue
cessful prosecution of the Company's business
for the attainment of its objects as above set
forth. or auy OF them.
FOURTH, The amount of the Capital Stock
of this Corporation shall be and is Thirty
Thousand Dollars 10000 00S divided into
three million shares OF the par value OF One
~ cent each, aud each share fully paid up and
forever worcestershire, Two million shares Of
said Capital Stock shall be set aside as Treas
ury Stock aud shall be sold at such price per
share as the Board of Di, ectors may direct; aud
the proceeds arising from the sale of said
Treasury Stock shall be used only in the leg
itmate operations Of the company, acting un
der the authority vested by these Atces OF
Incorporation and the laws of the Udited
States aud the Territory of Arizona.
FIFTH That the highest amount of indebt
edness or liability that this Company cal sub
ject itself at any time is Twenty Thousand Dol.
lars go 1000 O0s).
SIXTH. That the time of iling these Articles
n instrumentation for rarOrd In tho nfipe of tho
County Recorder of laid Mohave county shall
BE- the time OF the commencement of said Cor.
poration, aud its erminatiou shall be upon the
expiration of the period of twenty-five (25)
years next following said time OF commence.
ment
SEVENTH. That all aud singular. each and
every the property OF the corporators stock
holders aad officers of said corporation, and
each aud every of them, s. all at all times be
exempt from all aud singular each and every
the corporate debts of said corp2ration.
EIGHTH That the officers of said corporation
to conduct its affairs until the next annual
meeting shall be a Presidelt, Vice President,
Secretary Treasurer AID General Manager TO
be chosen by the Board OF Directors, vino shall
serve until their successors are duly qualified
and elected which Board shall consist of
Char in Gard II. +. Best Wm, Agler Cath.
arne Gard, b. II Waters. +. NJ. Gard ana Bes.
sic n. Neal. After the first annual Stockhold.
ers meeting the Directors OF this Company
shall hold the respective Nces to which they
are elected for the period of one (l) year, or
until their successors are duly elected and
qualified. The annual Stockholders meeting
shall be held on the first Thursday after the
II MnuHay I'm Tpfnhar nf nd thn
annual meeting of the Board of Directors shall
be held at the same place Immediately ,,fter
the adjournment of the annual Stockholders
meeting.
The Board of Directors shall have and ex
ercse full power and authority as follows:
a. To sell or exchange the stock OF the
Company at such times, and upon such terms
aud for such prices as they shall agree upon.
aud may take IN payment therefor any real or
personal property, service or thing, or things
of value which they may deem just equiva-
lent
(2) To sell, assign, pledge, mortgage, or en-
cumber the real or personal property Of the
corporation, but no sale or assignment OF all
the property of the corporation shall be made
in entirety without the written consent of the
stockholders holding three fths OF the shares
of all Ofihe capital stock of said corporation.
(S.) To make, alter amend. annul or re.
scind the bylaws Of the corporation, and Hll
vacancies in the Board of Directors between
the dates of the annual meetings of the Stock
holders, no special place OF residence shall be
necessary to the right to hold the Office of hi.
rector. but all directors, except such as are
selected before any of the stock shall have
been issued, shall be stockholders.
In WITNESS WHEREOF, we have hereunto set
our hand 5 and seals this sth day of Iannary