The news-herald., 1903-04-25
ARTICLES OF incorporation
OF THE
MAJOR GOLD COMPANY.

Know ALL Men BY THESE PRESENTS,
That we, whose hands are hereunto
affixed, do hereby associate ourselves
together for the purpose Of forming
corporation under the laws of the Terri
tory of Arizona, and to that end make
the following statement:
First-The names Of the corp0rators
are Charles r. Bake, James ". Foley,
Frank NJ Fauvre, Louis II. Renkert,
Henry c. Brinker, Il. B. Owen and
George r. Wysong, and the name Of the
Corporation shall be Major Gold
Company. The principal place in which
the business of said Corporation within
the Territory of Arizona is to be trans
acted is Phoenix, Maricopa County,
Arizona, and the principal place OF
business OF said corporation outside the
Territory Of Arizona shall be IN the City
OF Indianapolis, in the State of Indiana,
at which meetings OF the Board Of Di
rectors may be held, and the Corpora
ton may have such branch Offices either
within the Territory OF Arizona as may
be established by the Board ofDirectors.
Sccond-Thc general nature of the
business proposed to be transacted By
this Corporation is as follows, tO-Wit
To make contracts, to purchase, lease,
bond, locate or otherwise acquire, own,
exchange, sell or otherwise dispose of,
pledge, mortgage, hypOthecate and deal
in rnol nCta and and oil kinds of
personal property, mines, mining claims,
oil lands, mineral lands oil, gas, asphalt
tum, petroleum, asbestos, salt, water
and water rights and machinery, and to
work, mine, explore, operate and de-
Velop the same; to do general real
estate, manufacturing. mercantile and
mining business; to own, handle and
control letters patent and inventions
and shares OF capital stock OF other cor
pOratlons; to borrow money and execute
notes, bonds, mortgages or deeds OF
trust to secure the same, and to excr
else in respect OF all such bonds, mort
cages, notes, shares of capital stock and
other securities and obligations any and
all rights, powers and privileges OF in
dividual owners thereof, including the
right to vote upon any shares Of stock
held by it to the same extent that q
natural person might or could do: and
in general to do all things necessary to
the proper conduct Of the business Of
this Corporation in the Territory and
elsewhere, not inconsistent with the
laws of the United States and the Terri
tory of Arizona
Third-The authorized amount Of
capital stock of this Corporation shall
be one and one-half million ($1 800 000)
dollars, divided into one and one-half
million Q,500,000) shares of the par
value of one ($1.00) dollar each. At
such time as the Board of Directors NAV
by resolution direct, said capital stock
shall be paid into this Corporation either
in cash 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
| be fully paid up and nOn-assessab bic,
and in the absence of actual fraud
in the transaction the judgment Of the
Directors as TO the value of the prop
| erty purchased shall be conclusive.
| Fourth-The time of the commence
ment Of this Corporation shall be the
date Of the filing of these Articles of
Incorporation in the Office of the Secre-
tary Of Arizona, and the termination
thereof shall be twenty-five years there
after
Fifth-The affairs of this Corporation
shall be conducted by Board Of seven
| Directors and the following-named shall
constitute the Board Of Directors until
their SUCCESSORS are elected: Charles Il.
! Bake, James W. Foley, Frank NJ.
Fauvre, Louis H Renkert, Henry G.
Brinker, E. 3. Owen and George L.
Wys0ng. Thereafter the Board OF
Directors shall be elected from among
the stockholders as the bylaws of the
Corporation may provide. The officers
OF said Corporation until their success
ors arc elected shall be Louis Il.