Arizona republican., 1902-02-04
ARTICLES OF INCORPORATION
OF THE
LAST CHANCE MINING AND
SMELLING COMPANY.

LAST CHANCE MINING AND
SMELLING COMPANY.
Know All Men by These Presents:
That we, whose hands are hereunto af-
fixed. do hereby associate ourselves to-
gether 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 corporators
are:
A. E. Cox. Thos. a. Watt. F. F. Nc
Cullough. Rufus Switzer and VIM. T.
Cox. and the name OF the corporation
shall be Last Chance Mining and
Smelling Company. The principal place
in which the business of said corpora
ton within the Territory of Arizona is
to be transacted is Phoenix. Maricopa
County. Arizona. and the principal
place of business of said corporation
outside the Territory of Arizona shall
be the city of Huntington in the state
of West Virginia, at which meetings OF
the Board of Directors may be held.
and the corporation 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 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 es-
tate and any and all kinds Of personal
property, mines, mining claims. oil
lands, mineral lands, oil, gas, asphalt
tum. 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
cages 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
| it to the same extent that 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 else
where. not inconsistent with the laws
of the United States ana the Territory
of Arizona.
| Third: The authorized amount of
capital stock of this corporation shall
be five million (s5. 600. 000) dollars. di-
vided into fifty thousand shares of the
par value of one hundred dollars
100000 each. At such. time as the
Board of Directors may by resolution
direct, said capital stock shall be paid
| into this corporation either in cash or
by the sale and transfer to it of real
or personal property for the uses and
purposes of said corporation. in pay
ment for which shares of the capital
stock of said corporation may be Is
sued, and the capital stock so issued
shall thereupon and thereby become
and be fully paid up and non-assess-
able. and in the absence of actual fraud
in the transaction the judgment of the
Directors as to the value of the prop
erty 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 in
corporation in the Office of the Secre-
tary of Arizona, and the termination
thereof shall be twenty-five years
thereafter.
Fifth: The affairs of this corpora
ton shall be conducted by Board of
five Directors and the following named
shall constitute the Board of Directors
until their successors are elected:
A E. Cox Thos. A. Watt, F. F. Nc
Cullough, Rufus Switzer and w T.
Cox. Thereafter the Board of Direct
ors shall be elected from among the
stockholders as the bylaws Of the cor
poration 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 one million
dollars $4,000. 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 ninth
day of January, 1902.
RUFUS SwITZER. (SeaD
A. E. cox. (SeaD
VIM. T. cox. (SeaD
2 F. F. MCCULLOUGH. (SeaD
THOS. a. WATT. (SeaD
State of West Virginia,
2 County of Cabell, SIS.
On this tenth day of January, in the
year 1902, before me, a. L. Gregory
a Notary Public in and for the State
and County aforesaid, residing therein
ldulY commissioned and sworn. person
~ ally appeared A. e. Cox, w. T. Cox