Arizona republican., 1902-10-29
WALLACE FAIRBANK. secretar
ARTICLES OF INCORPORATION
 OF THE

'<AAN EL4l1E IT. MlNlLNG COM1 AIN I
 Know All Men by These Presents That we, whose hands are hereunto affixed, do hereby associate ourselves together for the purpose of forming a corporation under the laws of the Ter ritory of Arizona, and to that end make the following statement:
 First: The names of the corporator are: Daniel McConville, Nathaniel Z Seitz, John J. Mann, and the name of | the corporation shall be San Felipe Mining Company. The principal place in which the business of satd corpora ton within the Territory of Arizona is to be transacted is Phoenix, Maricopa County, and the principal place of bust ness of said corporation outside the Territory of Arizona shall be the the City of New York in the State of New York, at which meetings of the Board 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: The general nature of the business proposed to be transacted by this corporation is as follows, to-wit:
 To purchase, lease, bond, locate or otherwise acquire, own, exchange, sell or otherwise dispose of, pledge, mort gage, hypothecate and deal in real estate and any and all kinds of per sonal property. mines, mining claims. oil lands, mineral lands. oil. gas. as phaltum, petroleum, water and water rights and machinery, and to work. mine, explore. operate and develop the same; to do a general real estate, man. ufacturing and mercantile business: to own, handle and control letters patent and inventions and shares of capital stock of other corporations: to borrow money and execute notes. bonds. mort gages or deeds of trust to secure the same, and to exercise in respect of all such bonds. mortgages, notes, shares of capital stock and other securities and obligations any and all rights. powers and privileges of individual owners thereof, including the right to vote upon any shares of stock held by 1t to the same extent that a natural person might or could do; and in gen. eral to do all things necessary to the proper conduct of the business of this corporation in the territory and elsewhere. not inconsistent with the laws of the United States and the Territory or Arizona
 Third: The authorized amount of capital stock of this corporation shall be one million dollars s1 ,O0O, ,OOO) divid- ed into one million shares of the par value of one dollar (S1OO) each. At such time as the Board of Directors may by resolution direct, said capital stock shall be paid into this corpora tion either in cash or by the sale and transfer to 1t of real or personal prop erty for the uses and purposes of said corporation. in payment for which shares of the capital stock of said cor poration may be issued, and the capital stock so issued shall thereupon and thereby become and be fully paid up and non-assessable, 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.
 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 years thereafter
 Fifth: The affairs of this corpora ton shall De conducted by a Board of seven directors, and the following named shall constitute the Board of Directors until their successors are elected: Daniel McConville, Nathaniel z. Seitz and John J. Mann.
 Thereafter the Board of Directors shall be elected from among the stock holders as the bylaws of the corpora tion may provide.
 Sixth: The highest amount of in- debtedness or liability, direct or con- tingent, to which this corporation is at any time subject shall be six hun dred thousand dollars ($600, 0O0).
 Seventh. The private property of the stockholders of this corporation shall be exempt from corporate debts of any kind whatsoever.
 In Witness Whereof. We have here unto set our hands and seals this nine teenth day of September 1902, DANIEL McCONVILLE. (SeaD
 NATHANIEL z. SEITZ (Seal)
 JOHN J. MANN. (seaD State of Pennsylvania.
 County of Philadelphia, ss. On this nineteenth day of September in the year 1902. before me, Arthur Boswell, Notary Public in and for the State and County aforesaid, residing therein, duly commissioned and sworn personally appeared Daniel McCon- vile. Nathaniel z. Seitz and John I Mann, known to me to be the persons l described in, whose names are sub- scribed to and who executed the an neXed instrument. and they acknowl- | edged to me that they executed the same for the purposes and considera- tions therein expressed.
 In Witness Whereof. I have hereuntC l set my hand and affixed my officia seal. at my office in the said State ano County. the day and year last above written.
 (SeaL) ARTHUR BOSWELL. Notary Public
 My commission expires Jan. 1S 1903 Territory of Arizona,
 County of Maricopa, ss.
 l I. B. F. McFall, County Recorder ir and for the County and Territory aforesaid. hereby certify that I have compared the foregoing copy with the original Articles of Incorporation oi the San Felipe Mining Company. filed and recorded in my cffice on the 30tf day of SeDtember 1902 in Book No 1.