Mohave County miner., 1902-12-06
Articles of Incorporation
OF THE
Gold Hills Mining Company.

KNOW ALL MEN BY THESE PRESENTS; That
we Henry :. MacKay and Leslie c. Ferree,
citzens OF the United states Of America, have
this day voluntarily associated ourselves To-
gether for the purpose OF forming corpol a
tion under the laws Of the Territory OF Ari.
zona and do adopt the following Articles OF
Incorporation, and do hereby certify and de-
clare;
That the names OF the incorporators Of this
Company are, Henry ;. MacSay and Leslie G.
Ferree.
That the name Of the said corporation is,
THE GOLD HILLS MINING COMPANY.
That the principal place OF transacting the
business OF the said corporation is and shall be
Territory OF Arizona, with branch offices AZ
such Ilac or places i'm the United states OF
America Jr elsewhere, as the Board Of Direc-
tors OF said company may from time TO time
designate.
That the general nntare OF the business pro-
poeed TO be transacted is,
To carry on "a general mining business, and
To buy, sell lease bond develop, operate,
or otherwise deal in mines, mining claims, and
mineral lands, and any and all interest therein
OF Whatsoever character, and
To buy. sell lease. bond, construct, maintain
and operate bitches, fumes. wells. reservoirs.
pipe lines and other equipments necessary or
Incidental 10 he development or transportation
OF water or other fluids for mining, milling and
other purposes
10 obtain by purchase. or otherwise mills
machinery. mill sites and mill buildings, and To
erect thereon all necessary buildings, shops.
mills. smelters. concentrators, cruSherS, and
any and every and all apparatus used in the
reduction Of ores bearing gold and other metals;
10 buy. sell. lease, bond. construct, maintain
and operate raj roads, wagon ryads tram ways,
or other AGENCIES suitable for the trausporta-
tion OF ore or other materials 10 and from the
mines or principal works or places OF business
OF said company to some navigable stream,
railroad. turnpike or public way;
flt handle and control Letters Patent
and Inventions relating 10, and incident to the
mining, milling smelling and reduction Of
ores;
10 carry on and conduct a general mercan-
tile bus ness;
10 borrow money and to issue bonds and
other evidences OF Indebtedness and 10 mort.
gage, pledge, sell, and Otherwise dispose of
any or all property OF whatsoever nature, be-
longing t. SAID company;
To acquire both real and personal, and all
property which may be necessary or incidental
to carrying iuto force ano effect the objects and
purpose, for which the said corporation is ere.
ated; and
10 mortgage, pledge hypothecate, sell, and
otherwise dispose Of any part or all Of said
property; and
70 buy. sell exchange. own. pledge. hypoth
ecate, and otherwise deal In mining stocks and
securetieS. or other stocks and secureties In
such manner and extent as shall not he in con
hict with the laws Of the United States or Of
the Territory Of Arizona;
TO locate, run and operate tunnels and tunnel
sites upon Government and other lands; and
10 locate, record and patent any and all lode
or placer mining claims, tunnels and tunnel
sites: and
To do and perform any and all and every the
acts necessary or incidental TO the carrying on
the business hereinbefore specified.
Ill
That the amount Of the capital stock OF the
said corporation shall be ON MILLION, TWO
HUNDRED FIFTY THOUSAND or DOL
LARS tsi..5 % %, divided into One Million
Two Hundred Fifty housand ll.e5o.OoO) shares
Of the par value Of One Dollar Osl.O1) per share
and the said one Million, Two Hunered Fifty
Thousand shares oi said Capital Stock to be
also divided into Two Hundred Fifty Thousand
t25n.Ooo) shares of preferred stock and one
Million q O,0O0.OOOj shares of common stock: the
said Two Hundred Fifty Thousand (950OUD
shares OF preferred stock are preferred as 10
the assets Of said corporation 70 the amount OF
Two Hundred Fifty Thousand Dollars (s2j0 OOJ)
so that in the event Of the dissolution Of said
corporation. or sale Of its assets TOR the pur-
pose Of distributing the proceeds among the
stockholders. the holders of said preferred
stock shall receive the proceeds of the corpor.
ate assets up to said amount OF Two Hundred
Fifty Thousand Dollars and the excess II any
shall be divided among the holders Of said com
mon stock
The holders OF said preferred stock shall also
be preferred as TO the dividends 20 be declared
by this corporation, as follows: No dividends
shall be declared or paid on common stock un-
til dividends have been first paid on preferred
stock at the rate Of eight 81 per cent. per an
mum, on the par value OF said preferred stock;
A. "a
OF eight (sl per cent. per aLnum have been de.
clared and paid, dividends upon the common
stock may be declared and paid out OF the sur
plus earnings OF said corporation, IL any.
".
That the corporate existence OF said com
pany shall commence on the day and date Of
the filing OF these Articles Of Incorporation for
record in the Office OF the County Recorder Of
Mojave County. Territory OF Arizona. and a
certified copy thereof with the Secretary OF the
said Territory, and shall endure for twenty. Ave
(25) years thereafter.
"
That the highest amount OF Indebtedness or
liability. direct or contingent. which this cor
poration is at any time subject. shall not in
any case, exceed Eight Hundred 1hrty-three
Thousand Three Hundred ThirLy-three Dollars
and fhirty-three cents.
VI
That the stock holders OF said corporation
shall not be individually liable for the oebts
OF the said corporation and that all the private
property OF the stock holders shall be exempt
from liability for any ali Of the debts Of this
corporation.
In witness whereof We have hereunto set
our hands and seals this 4th day OF November,
A. ID. 1902.
HENRY S. MACKAY. 1Seall
LESLIE G. FEkREE. fSeall