The Tucson citizen., 1902-01-21

the carrying out and engaging in any
of said foregoing lines of business; also
the locating, appropriating, buying,
selling. bonding, leasing and develop
ing water rights, and constructing
ditches fumes. pipes, reservoirs. etc,
for the conveyance Of water; also the
constructing Of tramways FOR the corr
veyances of ore or other material.
ARTICLE V.
The amount of capital stock author
ICED Uy said corporation is and Shall he
one million dollars ($l000,000), to be
divided into one million shares of the
par value of one dollar ($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 -assessable for any
purpose whatsoever.
ARTICLE w.
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
rttory Of Arizona, and the termination
thereof shall be twenty five t25l years
thereafter. unless tho same be renew
"a Pursuant to the laws of Arizona be-
fore the termination thereof.
ARTICLE VII.
The affairs of this corporation are
to he conducted by Board of five 81
Directors, to be elected annually, on
the third Tuesday IN December of each
year; provided. however, that until the
third Tuesday in December, A. d. 1902
the affairs of this company shall be
conducted Ivy the following Board Ct
Directors towit: George +. Stearns.
Fred II. Nahrenkamp. George w.
Wilderman l.. b. Marshall and Frank
G. Finlayson. who shall hold Office
until the said third Tuesday in Decer-
ber A. u. 1902, or thereafter until their
successors are elected ana qualified
Each stockholder 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 Of
books of the company, each share 9t
stock being entitled to one vote.
The officers of said corporation shall
be a President, Niee-l 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 will
be elacted by the Board of Direc-
tors, after the election of said Direc'
tors. and 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
lne Bylaws.
ARTICLE VIII.
The highest amount of Indebtedness
or lia1ltlty for winch this corporation
can at any time subject itself is the
sum of five thousand collars $4,000
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 hereOy exempted from all liability
for any debt of said corporation.
ARTICLE X.
This corporation shall have an office.
for the transaction OF it's business, in
the State of California, at the City of
Los Angeles, N said State, and the said
Board of Directors may meet. organize
and -ransact the business of said cor
Doration at said city: and the annual
and other meetings of the stockholders
and the elections may be held thereat.
ARTICLE AI.
Section -. The Board of Directors
shall have tue power to make, adopt
and amend Bylaws for the govern
nenL of the affairs of said corpora
ton
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
oayment 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
4onars $5.0U0) as limited by article
VIII hereof.
ARTICLE XII.
The corporate stock of this corpora
ton shall be forever -assessable.
and each certificate thereof shall state
upon its 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-
Der of directors or amend these articles
Of Incorporation at any annual meeting
at any annual meeting
Of the stockholders, or at any special
meeting of the stockholders called for |
that purpose by the affirmative |
vote of 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 |
tor the recording ana publishing Of !
these articles of incorporation.
In witness whereof, we have here
unto set our hands and seals this 18th |
day Of December, A. u. 1907.
FRED II. NAHRENTtAMP,
(Seal)
GEO. f. STFARNS.