The Tucson citizen., 1902-01-20


he carrying out and engaging In any
If said foregoing lines of business; also
he locating, appropriating, buying,
selling, bonding, leasing and develop
ng water rights, and constructing
iitches, fumes, pipes, reservoirs, etc.
for the conveyance Of water; also the
of tramways for the corr
yeyances of ore or other material.
ARTICLE V.
The amount OF capital stock author
lied by said corporation Is and shall be
one million dollars ($1 900, ,000l, to be
divided into one million shares of the
par value of one dollar ($D per share.
and that the time when and conditions
upon which it Is to be paid are as fol-
lows:
All stock issued must be fully paid
for in cash or property upon issuance,
and shall thereafter be fully paid up
and forever non-assessable for any
purpose whatsoever.
ARTICLE VI.
The time of the commencement of
this corporation shall be the date Of
the filing of these articles OF incor-
poration for record in the Office OF the
County Recorder of Pima County, Ter
ritory of Arizona, and the termination
thereof shall be twenty-five t23) years
thereafter. unless the same be renew
ed pursuant to the laws of Arizona be-
fore the termination thereof
ARTICLE VII.
The affairs of this corporation are
to be conducted by Board of five Ga
Directors. to be elected annually, on
the third Tuesday in December of each
year: provided. however, that until She
third Tuesday in December, A. ID. 1902
the affairs of this company shall be
conducted by the following Board CT
Directors, towit: George +. Stearns,
Fred H. Vahrenkamp, George W.
Widerman. l.. b, Marshall and Frank
G. Finlayson, who shall hold Office
until the said lhlrd Tuesday in Dececl-
Der, A. d. 1902, or thereafter until their
successors are elected ana qualified.
Each stakeholder Of this corporation,
in all elections for Directors and Other
elections, and on the consideration OF
all questions at stockholders meet
ings, shall have the right TO vote in
person or by proxy the number or
shares owned by him as shown on the
books OF the company, each share OF
stock being entitled to one vote.
The officers of said corporation shall
be President, Vice. resident, Secre-
tary. Treasurer. Superintendent and
General Manager of the mines and
mills. and such subordinate officers
and assistants as may be necessary.
All officers of said corporation VIII
be elacted by the Board of Dircc-
tors, after the election of said Direc,
tors. ana snail hold Office at the will
and pleasure of said Directors.
Vacancies in the Board OF Directors
shall be filled as may be provided in
tne Bylaws.
ARTICLE VII.
The highest amount Of Indebtedness
or liau1nty for winch this corporation
can at any time subject itself Is the
sum of five thousand collars t$o.oool
ARTICLE TX.
The private property of the stock
holders of this corporation shall be
EXEMPT from a.. corporate debts, and
the stockholuers of this corporation
are HEREBY exempted from all liability
fOr any ueDL OI Sdiu COPpOAhtiOh'
ARTICLE X.
This corporation shall have an office.
for the transaction OF its business, IN
the State of California, at the City OF
,os Angeles. n said State. and the said
Board OF Directors may meet. organize
md .ransact the business of said cor
,oration at said city: and the annual
md other meetings of the stockholders
and the elections may be neld thereat.
ARTICLE XI.
Section =. The Board of Directors
shall have tue power to make, adopt
ind amend Bylaws for the govern
nent of the affairs of said corpora
lion.
Section 2. The Board of Directors
shall nave the power to borrow mon
ay, execute corporate notes or bonds
Of the corporation, and to secure the
paymen, of ~4e same by mortgage on
the property OF -.e corporation, or In
any other manner designated by said
Bylaws, not exceeding, however, said
total Indebtedness OF five thousand
Douars ,$5 ,0U0) as limited by article
VIII hereof.
ARTICLE XII.
The corporate stock of this corpora
tion shall be forever worcestershire,
and each certificate thereof shall state
upon It's face the number Of shares re-
presented thereby and that the same
is fully paid and forever non assess
abe.
ARTICLE XIII.
The said corporation shall have pow
er to increase or diminish it's capital
stock. or increase or diminish the num- |
her of directors or amend these articles |
of incorporation at any annual meeting |
Incorporation at any annual meeting |
of the stockholders. or at any special
meeting of the stockholders called for
that purpose by the affirmative
vote of a majority of the stockholders,
and by the fling of the certificate
thereof and by publishing the same in
the same manner as is provided by law
Ior the recording ana publishing Of
.hese articles Of incorporation.
In witness whereof, we have here
INTO set our nands and seals this 18th
lay of December, i. ID. 1907.
FRED II. NAHRENKAMP,