The Tucson citizen., 1902-01-13

ChandlSC, ana SeH6Tdlly o"ht hc1"' "a
quire and deal in any property ana 10
do or transact anything necessary Tor
the carrying out and engaging III aHy |
of said foregoing lines OF BUSINESS also
the locating, approprlating' buying
selling. bonding. leasing ana develop |
ing water rights, and constructing
ditches. fumes, pipes. reservoirs etc'' /
for the conveyance Of water; also the |
constructing of tramways for the con-
yeVauces of ore or other material.
ARTICLE V.
The amount Of capital stock author
lied by said corporation is and shall ne
one million dollars ($l00o,OO0), to be
divided into one million shares or TIE
par value of one dollar t$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 M
and forever on-asscssable for any
purpose whatsoever.
ARTICLE VI.
! The time of the commencement OF
/ this corporation shall be the date ot
! 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 he twenty-five I23( years
thereafter unless the same be renew
ed pursuant 70 the laws of Arizona be-
fore the termination thereof.
ARTICLE VII.
The affairs Of this corporation are
to he conducted by a Board OF five o.
Directors. to be elected annually, on
the third Tuesday in December or each
year; provided however that until me
third Tuesday in December y. u, 1902
the affairs of this company shall be
conducted by the following Board cf
Directors, tOwit: George +. StearHS,
Fred Ii. Vahrcukamp, George W.
Wilderman. L. b. Marshall and Frank
iG. Finlayson, who shall hold otii e
until the said third Tuesday in Decem-
her. A. y. 1902. or thereafter until their
successors are elected ana quailnea.
Each stockholder of this corporation,
, in all elections for Directors and Othc"
, 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
, shares owned by him as shown on me
; books OF the company. each share or
; stock being entitled to one vote.
The officers of said corporation shall
, he a President. Vice-l resident. Secre-
: tary. Treasurer. a Superintendent and
General Manager of the mines ana
: mills. and such subordinate officers
, and assistants as may be necessary.
( All officers of said corporation viii
. be elacted by the Board of Direc-
, tors. after the election of said Dlrec-
f 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
e the Bylaws.
! ARTICLE VIII.
r The highest amount of Indebtedness
= or laulllty for winch this corporation
can at anv time subject itself IS the
e sum of five thousand collars t$o0o0l
Y ARTICLE TX.
t The private property OF the STOCK
y holders of this corporation shall be
exempt from a.. corporate debts, ana
e the stockholuers of this corporation
are hereby exempted from all liability
n for any debt of said corporation.
= ARTICLE X.
e This corporation shall have an office,
!, for the transaction OF its business. IN
2 the State of California. at the City OF
Los Angeles. IN said State, and the said
Board of Directors may meet, organize
and .ransact the business of said cor
poration at said city; and the annual
and other meetings of the stockholders
and the elections may be held thereat.
ARTICLE XI.
!, Section =. The Board of Directors
shall have the power to make, adopt
and amend Bylaws for the govern
ment of the affairs of said corpora
ton.
Section q The Board of Directors
shall nave the power to borrow mon
ey, execute corporate notes or bonds
of the corporation. and to secure the
payment of ,Ae same by mortgage on
the property of ,Ae corporation, or in
any other manner designated by said
Bylaws, not exceeding, however, said
total Indebtedness of five thousand
, uouars ,$5, ,0UO) as limited by article
VIII hereof.
ARTICLE XII.
The corporate stock Of this corpora
ton shall be forever worcestershire
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
y er to increase or diminish its capita
: stock, or increase or diminish the mum
Der of directors or amend these articles
9 Of Incorporation at any annual meeting
|. incorporation at any annual meetlnt
), of the stockholders, or at any specla
!, meeting of the stockholders called TO
;. that purpose by the affirmative
/ vote of a majority of the stockholders
= and by the fling of the certlhcat'
: thereof and by publishing the same IL
,r the same manner as is provided by lav
: 1or the recording and publishing o
1t these articles of incorporation.
l. In witness whereof, we have here
unto set our hands and seals this It'll