Mohave County miner., 1902-09-13

and purposes for which the said corporation
is created; and
10 mor gage, pledge, hypothecate. sell, ana
otherwlse dispose OF any part or all OF said
property; and
To buy. sell. exchange. own. pledge. hypoth.
ecate, and otherwise deal in mining stocks and
secureties, or other stocks and securities in
such manner and extent as shall not he in con
iilct with the laws OF the United States or OF
the Territory Of Arizona:
To locate run and operate tunnels ard 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 carving on
the business hereinbefore specified.
III
That the amount OF the capital stock of the
said corporation shall be TWO MILLION or
DOLLARS (S2,UO0O0O divided into TWO MILLION
(2OO'OOOl shares OF the par value Of ONE DOL
LAR (slOO per share, and the said two million
shares OF said capital stock TO be also divided
into five hundred thousand (5OpOUO) shares OF
preferred stock, and one million five hundred
Thousand (l5 o,OU0) shares of common stock:
the said five hundred thousand shares OF pre-.
ferred stock; are preferred as to the assets OF
SAID corporation to the amount Of Five Hun
dred Thousand $500. .OJC) Dollars SO that in the
event OF the dissolution OF said corporation or
sale OF its assets for the purpose OF distribut-
ing the proceeds among the stockholders the
holders OF said preferred stock shall receive
the proceeds Of the corporate assets up TO said
amount Of five hundred thousand dolllrs. and
the excess. II any, shall be divided among the
holders OF said common stock
The holders Of said preferred stock shall also
be preferred as 10 the dividends TO be declared
by this corporation, as follows: No dividends
shall be declared or paid on com mon stock uu-
TIL dividends have been first paid on preferred
stock, at the rate Of eight (sO per cent per an
num- on the par value Of said preferred stock
after dividends on preferred stock at .ht rate
OF eight (s) per cent per annum. have beeI de
clared ana 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
Mohaye County, Territory OF Arizona. aud a
certified copy thereof with the secretary Of the
said territory, and shall endure for twenty five
(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. ia
any case, exceed one Million Three Hundred
and Thirty-three thousand. three hundred and
thirty-three dollars and thirty.three cents.
vi
That the stockholders Of said corporation
shall not be individually liable for the q, hts
OF the said corporation, and that all the private
property OF the stockholders shall be exempt
from liability for any or all OF the debts Of this
corporation.
In Witness Whereof, We have hereunto set
our hands and seals this list day Of August A.
d.. 1902