Mohave County miner., 1902-11-15
Articles of Incorporation
OF THE
Gold Hills Mining Company.

| hNOW ALL MEN BY THESE PRESENTS; That
we, Henry 5. 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 u 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. MacIiay and Leslie C.
Ferree.
That the name Of the said corporation is,
THE GOLD HILLS MINING COMPANY.
That the principal place Of tranSacting the
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 be transacted is,
To carry on 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
machinery mill sites and mill buildings and TO
erect thereon all necessary buildings shops
mills smelters, eoncentrators, crushers, and
any ana every ana 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-
tlon OF ore or other materials to and from the
mines or principal works places of business
OF said company to some navigable stream
railroad, turnpike or public way;
To own, handle and control Letters Patent
and Inventions relating to, and incident TO the
mining, milling, smelling and reduction Of
ores;
TO carry on and conduct a general mercan.
tile 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 said 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
otherwlse dispose OF any part or all of said
property; and
To buy, sell, exchange. own, pledge, hypoth.
ecate, ana otherwise deal in mining stocks and |
secureties, or other stocks and secureties in |
such manner and extent as Shall not be In CON |
ftict 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 and patent any and all lode /
or placer mining claims, tunnels and tunnel |
10 do and perform any and all and every the
acts necessary or incidental to the carrying on |
the business hereinoefore specified.
III.
That the amount Of the capital stock OF the
said corporation shall be ONE MILLION, TWO
FIFTY THOUSAND OF DOL /
LARS ~. % l0lO, divided into One Million
Two Hundred Fifty Thousand q .250OOO) shares
OF the par value OF One Dollar (sl .O0) 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
(2oOOOO) shares OF preferred stock and One
Million U,OWOO) shares of common stock; the
said Two Hundred Fifty Thousand (25OOOO)
shares OF preferred stock are preferred as TO
the assets OF said corporation to the amount of
Two Hundred Fifty Thousand Dollars (S25O OOO) |
so that In the event Of the dissolution of said
corporation Or sale OF its assets Tor the pur-
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 IL apy
snail De divided among the holders OF said com
non stock.
The holders of said preferred stock shall also
De preferred as TO the dividends to be declared
by this corporation, follows: No dividends
shall be declared or paid on common stock un.
u dividends have been first paid on preferred
stock, at the rate Of eight (sl per cent. per an.
lum, on the par value Of said preferred stock:
lfter dividends on preferred stock. at the rate
u eight 90 per cent. per annum have been de-
'lared ana paid, dividends upon the common
stock may be declared and paid out of the sur.
'lus earnings OF said corporation, II any.
".
That the corporate existence of said com
)any shall commence on the day and date of
he Hing OF these Articles of Incorporation for
ecord in the office OF the County Recorder of
dolaye County, Territory OF Arizona and a !
certified copy thereof with the Secretary of the .
aid Territory and shall endure for twenty-five
25) years thereafter.
V.
That the highest amount OF indebtedness or !
liability direct or contingent, which this cor. I
oration is at any time subject, shall not in | {
ny case, exceed Eight Hundred Thirtv.three
thousand, Thee Hundred ThirLy-three dollars
nd Thirty-three cents.
VI.
That the stock holders OF said corporation
hall not be individually liable for the ebts
the said corporation, and that all the private
roperty OF the stock holders shall be EXEMPT 4
rom liability for any or all of the debts of this
orporation. A
In witness whereof, We have hereunto set q
VI hands ana seals this 4th day Of November Il
i ID. 1902 y
HENRY S. MACK,AY, fSeall d
LESLIE G.. FERREE, fSeali b