Graham guardian., 1902-12-12
ARTICLES OF INCORPORATION
~OF THE
Black Rock Mining & Milling
Company.

KNOW ALL MEN BY THESE PRES SENTS,
That we, whose hands are hereunto affixed, do
hereby associate ourselves together for the
purpose OF forming a corporation under the
laws of the Territory of ArizonS, and to that
end make the following statement
FIrST: The names of the cor orators are:
w NJ. Kendall, charles H. Bosler, E. w
Hanley, and the nam o the corporation shall
be he Black Rock Mining and Milling Com
pany The principal place in which the buSi-
ess of said corporation within the Territory OF
rizona is to be transacted is TT. IhOmas, Gra
ham county, Arizona, and the principal place
of business of aid corporation out ide the Ier
ritOry rizOna shall be the city of ayton in
the state of Ohio at which meetings of the
roard of Directors may be held, and the cor
poration may have such branch offices either
within or without the Territory of Arizona as
may be established by the Board of Directors
SECOND: ! he general nature of the business
| proposed to be transacted by this corporation
| is as follows, tO-wit;
To make contracts; to purchase, lease bond,
/ cate or otherwise acquire, own, exchange, sell
| or 9th rwise dispose of, pledge, mortgage,
hypothe ate and deal in real estate and any and
| all kinds OF personal property, mines, mining
| c aims, oil lands mineral lands oil, gas asphalt
| tum, petroleum, asbestos, salt water and water
| rights and machinery, and u work, mine, eX-
| pOre, operate and develop the same; TO do u
general real estate, manufacturing and mercan-
| tile business; TO own handle and control letters
| patent and inventions aud rhares of capital
| stock of other corporation to borrow money
| and g eAecute notes. bonds mortgages, or dee ot
|
| spect of q | such bonds. mortgages, notes,
sh res OF capital stock and other securities and
obligations any and all rights, power and priyi-
| egeS OF individual owners thereof, including
| the right to vot upon any shares of tock held
| by it to the same extent that natural person
might or could do aud in general to do all
| things necessary to the proper conduct of the
business OF this corporation in the Territory and
| elsewhere not inconsistent with the law, of the
| United StBtes and the Territory of Arizona.
| III RID: The authorized amount of capital
stock of this corporation shall be Vne Million
| Dollars Isl ,O0O,U UO0 divided intn one million
shares of the par value of one dollar Sl OO) each
| At such time rs the Board of Directors may by
resolution direct, said capital stock shall be aid
into thi rporaiOn either in cash or by the
sale d ira ser to it of real or per onal prop
| erty for the uses and purposes OF said corpora
tiOn. in payment for which shares of the cauital
| stock of said corpora ion may be sued, and the
| capital stock so issued shall thereupOn and
| thereby become and be fully paid up aud non
as es able, and in the absence of actual fraud In
the transaction the judgment of the Directors
as TO the value of the property purchased shall
| be conclusive.
FOURrH The time of the commencement OF
this corporation shall be the date of the filing OF
these Articles of Incorporation in the 9hce OF
| the secretary of NrizOna, and the termination
thereof shall be twenty-five years thereaft' T,
| FIFTH: ! he affairs of this corporation shall
| be conducted by Board of Five Directors and
the following named shall constitute the Board
| of Directors until their successors are elected:
W NJ. Kendall, Charles II. Bosler E. w Hanley,
| A. > Gre II ana Z. +. Braden. Thereafter tne
Board of Directors shall be ele'ted from among
! the stakeholder, as the BYLAWS of the corpora
tion may provide The officers of said corpora
ii n until their successors are elected shall be:
| Il. w. HBnley, president F Braden, vice.
| president; W. NJ. Kendall, secretary; Charles H.
| Boser, trea urer.
SIX II: The highest amount of indebtedness
| or liability. direct or contingent to which this
corporation is at any time subject hall be One
| Hundred thousand dollars (SlUO,00u.OU, which
amount does not exceed two-Ihirds the amount
OF the apital stock.
SEVEN H: rhe private property of the
| stockholders Ofthis corporation shall be exempt
from cor lorate debts of any kind whatsoever
In witness whereof we have hereunto set our
hands and seals this 2nth day of August, 1902
w. NJ. KENDALL SEAL
CHARLES II. BUSLER, SEALl
/ E. w. HAELEY. SEAL