The news-herald., 1903-07-11
ARTICLES OF incorporation
Daily Mining Company.

KNOW ALL MEN BY THESE PRESENT:
That we, the undersigned, do hereby associate
ourselves together for the purpose OF forming q
corporation under the laws of the Territory of
Arizona, and to that end 90 certify and declare:
ARTICLE 1.
The names of the corporators are John D.
Ryan, John G. Morony and A. J. Campbell, and
the name OF the Corporation shall be Daily
Mining Company. The principal place OF busi-
ness and the registered Office of the Corporation
in Arizona shall be at Phoenix, Arizona, and
the Corporation may have such other O1hceS,
either within or without the Territory of Ari-
zona, as may be established by the Board ar +Sd o.
Board OF Directors may be held.
ARTICLE II.
The general nature Of the business proposed
to be transacted by this Corporation is as fol-
lows to-Wit:
/ To carry on the business OF mining, mill
ing, concentrating, converting, smelling. treat
ing, preparing for market manufacturing, ouy-
ing, selling, exchanging and otherwise produc,
ing and dealing in gold silver copper, lead
and other metals and minerals of every kind
and description, and generally and without
limit as to amount; to ony, SELL ndn exenangeI @
mineral rights and claims, and in the above
specified products, and to conduct all business
pertaining thereto.
2 To purchase, take on lease, or in exchange,
hire or otherwise acquire any real or personal
property. rights or privileges suitable or con
venient for any purpose OF its business; to
erect and conrtruct, make and improve or Su D.
scribe toward the construction, making and
improvement OF mills ana WOrkS OF a4I xmas
i'll so far as the same may be pertinent to or es-
sential for the conducting the business OF the
Corporation.
g. To construct canals, bitches, fumes and
other works for carrying water, and reservoirs
for storing the same.
L. To purchase, subscribe for or otherwise
acquire and to hold the shares, stock or Obllga-
tions of any company organized under the laws
of this territory or in any other state or terri
tory of the United States, and to sell or ex-
change the same, or upon distribution of the
assets or division of the profits, to distribute
any such shares, or stock, or obligations, or the
proceeds thereofamOng the stockholders of this
corporation.
5. To borrow or raise money for any purpose
of the Corporation, to secure the same and in
or charge the undertaking of all or any part OF
the property hereinafter acquired, subject to
the limitations prescribed by the laws OF the
Territory of Arizona.
ARTICLE III.
The authorized capital stock OF this Corpora
tion shall be one million dollars Isl COO, ,00000)
divided into ten thousand 100000 shares of the
par value of one hundred dollars ($100.00) each
At such time as the Board of Directors may by
resolution direct, said capital stock shall be
paid into this Corporation either in cash, SER
vices or by the sale and transfer to it of real or
personal property for the uses and purposes OF
said Corporation, in payment for which shares
OF the capital stock of said Corporation may be
issued and the capital stock so issued shall
thereupOn and thereby become and be fully
paid up and worcestershire, and in the absence
of actual fraud in the transaction the judgment
purchased shall be conclusive.
ARTICLE ".
The time OF the commencement of this Cor
pOration shall be the date of the filing of these
Articles of Incorporation in the Office of the
Auditor of Arizona, and the termination there
OF shall be twenty-five years thereafter
ARTICLE Y.
The affairs of this Corporation shall be con-
Quoted by Board of five (5) Directors, and the
following named shall constitute the Board OF
Directors until their successors are elected:
John D. Ryan, residence Butte, Montana; John
G. Morony, residence Great Falls, Montana; A.
J. Campbell, residence Butte, Montana; ]. c.
Lalor, residence Anaconda, Montana, and D. ].
Hennessy, residence Butte, Montana There
after the Board of Directors shall be elected an
nually from among the stockholders on the
first Monday in August, 1903. The officers of
said Corporation until their successors are
elected shall be: John d. Ryan, President; D.
J. Hennessy, Vice-President; John G. Morony,
Secretary; j. c. LaylOr, Treasurer.
ARTICLE VI.
G.. H. Akers, q bona fide resident of Arizona
for over three years, is the agent of the Cor
poratiOn, upon whom may be served all notices
and processes, including service of summons.
ARTICLE VII.
The highest amount of Indebtedness or liza.
bility, direct or contingent, to which this Cor
poration is at any time subject shall be six
hundred thousand dollars $500 0o0.o0), which
amount does not exceed two-thirds the amount
OF the capital stock.
ARTICLE VIII
The private property of the stockholders of
this Corporation shall be exempt from its
corporate debts OF any kind whatsoever.
In witness whereof, we have hereunto set
our hands and seals this 25th day Of May, A D.
1908.
JOHN G. MORONY, tSeall
A. J. CAMPBELL tSeal1