The news-herald., 1902-03-22


by purchase. bond or lease of same, and
the disposal of the same by sale, lease
or bond. The development of lands ac-
quired by sinking shafts, wells, or by
drifting tunnels or drifts; the erection
of buildings, hoists, warehouses, fac
tories, furnaces or mills necessary to
the proper conduct of the business of
the corpora ton; the construction or
purchase Of trans and other roads,
pipe lines, fumes, bitches, canals, and
every other thing necessary to the
proper conduct of the business of the
corporation. The buying and selling Of
merchandise, oils, minerals, metals,
timber, lumber or agricultural prod
ucts. The right to do any and all acts
not inconsistent with the laws of Ari-
zona made and provided for the gov
ernment of corporations.
ARTICLE III.
The amount of the capital stock of
said corporation is $500, 100000; the num-
Der of shares into which it is divided is
100000 of the par value of $1.00 each.
Said capital stock shall be paid for at
such times and in such manner as the
board Of directors shall determine and
authorize; and whenever said stock is
issued, it shall be considered as fully
paid up and thereafter shall be nom
assessable for any purpose, by this
corporation.
ARTICLE w.
The time of the commencement of
this corporation shall be the date OF
filing Of these articles of incorporation
in the office of the Secretary OF the
Territory Of Arizona.
ARTICLE V.
The affairs of this corporation shall
be conducted by board of not less
than three, nor mora than nine direct
ors, who shall be elected annually by
the stockholders on the first Monday in
January of each year.
This corporation shall also have the
right to hold quarterly meetings at any
time or place designated by the board
of directors and until the first annual
election. and until their successors are
duly elected and qualified, the follow
ing named persons shall constitute the
officers and directors: Charles Flem-
ing, President; James p. Fleming,
Vice President; John Gray, Secretary
and Treasurer.
ARTICLE vi.
The officers of this corporation shall
be q president, vice president, secre-
tary and treasurer, who shall be elect
ed annually by the board of directors
at such time as may be. by the bylaws
Of this corporation designated; provid
ed that the president and vice president
shall be elected from among the board
of directors. and the secretary and
treasurer may be elected from the
stockholders or the board of directors.
ARTICLE VII.
The directors of this corporation
shall hold office for the period of one
year after their election and until their
successors are duly qualified and
elected.
ARTICLE VIII.
The highest amount of indebtedness
or liza bility to which this corporation is
at any time to subject itself, direct or
contingent, is the gum Of one hundred
thousand dollars ($100 000).
ARTICLE TX.
The stockholders Of this corporation
and their private property shall be eT-
e!nnt from the corporate debts of this
corporation, and from any and all liza
bility therefor
ARTICLE x
The board Of directors shall have
power to e-ta Dlish bylaws and to make
all rules and regulations deemed eX-
pedient for the management of the COR
porate business and affairs.
ARTICLE XI.
These articles of Incorporation may
be amended at any regular or special
meeting OF the stockholders by a ma
jority of the stock voting in favor Of
the amendment; and whenever such
articles shall be signed and acknowl-
edged by the president. and attested bv
its secretary, and recorded. they shall
have the same effect as though they
had been signed and accepted by all the
stockholders.
In witness whereof, the said incorpC
rators have hereunto set their hands
and seals this goth day of January, A.
D. 1902
CHARLES FLEMING. (SeaD
JAMES P. FLEMING. (SeaD
JOHN GRAY. (SeaD
Territory of Arizona,
County Of Maricopa. SIS.
On this goth day of January, A. d.
1902, before me, James NJ Gray, No
tary Public in and for the County of
Maricopa and Territory of Arizona,
personally appeared Charles Fleming,
James P. Fleming and John Gray and
acknowledged the execution of the
foregoing instrument, for the purposes
therein described.
In witness whereof ] have hereunto
set my hand and official seal, at my
office in the County and Territory
aforesaid, this goth day of January, A.
D. 1902.
(Seal.) JAMES M. GRAY.
Notary Public.
Ny commission expires April 23rd,
1905.
Territory of Arizona,
County OF Maricopa.
I, b. +. McFall County Recorder in
and for the County and Territory
aforesaid. do hereby certify that the
within instrument was filed for record
at o'clock D. m. on this goth day of