The Arizona sentinel., 1903-05-06
ARTICLES OF INCORPORATION.
OF THE Arizona Smelling, Mining and Transportation Company.
OF THE

Transportation Company. Know all men ny these presents; that we,
 whose hands are hercu..to affixed, do hereby associated ourselves together for the purpose
 of forming corporation under the laws of the Territory of Arizona, and to that end make
 the following statement:
 First-Thc names of the corporatOTS are:
 James Rice, of Los Angeles, California.
 Frank \. Rust. Of los Angeles, California.
 Edward II Eyst, ofI.os Angeles, California.
 and the name of the corporation shall bc The
 Arizona Smelling, Mining and TranspOrta-
 tion Company. The principal placc in which
 the business of said corporation within the
 Territory of Arizona is to be
 transac:ed is Yuma, Yuma county
 ArizCna, and the principal place Of business Of said corporption outside of the Territory of ArizOEa shall be the city of Les
 Angeles. state of California, at which place meetings of the board of directors may be
 held, and the corporation may have such
 branch offices, either within CT withoat the Territory of Arizona as may be established by the board Of directors.
 Sccond-That the general nature Of the busi- ness proposed to be transacted by this corpo- ration is as follows, to-wit:
 The smelting, refining, sampling and roduc- ton of any and all ores; to purchase and sell any and ali ores, fuXes and bullion; to pur- chase, lease, bond, locate or otherwise ac- Quire, own, exchange, sell or otherwise Gis- pose of, pledge, mortgage, hypo.necat2, and deal in real estate and any and all kinds Of personal property, mines, mining claims, oil lands, mineral lands, o.l. gas, asphaltuD, petroleum. water and water rights, and ma chincry and 5o work. mine, explore, operate and develop the same; to Io d general real es- tate, manufacturing and mercantile business; to handle and control letters patent and in- vcntions and shares Of capital stock Of other corporations, to acquire by purchase, CT in any lawful manner, and to possess, enjoy, operate and use, grants, franchises and con sessions from any territory or state of the United States, or from any other state or country Of the world, lands steamships, steamship lines, railroads (other than rail- roads in the territory of Arizona), wagon roads, canals, mills, factories, houses, capital stock and bonds of corporations, pablic or private, chattes. goods, wares and meT- chandise and chosas in action, and to buy and to own, control, deal in, sell or dispose Of the same, or any part thereof, and to enter into contracts for the construction and opera ton of any such enterprise or corporation, to borrow money and execute notes, bonds, mortgages, CT deeds of trust to secure the same, and to exercise in respect of all such bonds. mortgages, notes, shares of capital stock, and other securities and obligations any and all rights, powers and privileges of individual owners thereof, including the right to vote upon any shares of stock held by it, to the same extent that a natural per son might or could do; and in general 10 do all thig gs necessary to the proper conduct Of the business of this corporation in the terri tory of Arizona and elsewhere, not incon- sistent with the laws of the United States and the territory of Arizona.
 Thirl-The authorized amount of capital stock of this corporation shall be five million dollars (Sj00O,O0O), divided into 5G0,GJO shares of the par value of ten dollars (5lG) per share
 At such time as the board of directors may, by resolution direct, said capital stock shall be paid into this corporation either in cash or by 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 the said corporation may be issued, and the capital stock so issued
 ii'ill CiitltCfJOil tLSicDy btNOlflc SllU Jt fully paid up and non-asSessahls, and in the absence Of actuai fraud in the transaction the judgment Of the directors as to the valuc of the property purchased shall be conclusive.
 Fourth-The time of the commencement Of this corporation shall be the date of the filing Of these .-rticles of Incorporation in the office of the Secretary of Aritona, and the termination thereof shall be twenty-five years i25) thereafter.
 Fifth-Thc affairs of this corporation shall be conducted hy a board of five l5) directors for the first year, who shall bc appointed Ey the incorporat0rS at it's first meeting immed- iateiy after Incorporating, and the board so appointed for the first year may increase it's number to seven c0 directors, sail board to hold this office until their successors are | elected.
 Thereafter the beard Of directors shall be elected from the stockholders as the laws of the corporation may provide.
 Sixth-The highest amount Of Indebtedness pr liability direct or contingent to which this | corporation is at any time subject shall be | one million two hundred fifty thousand dol ! ars ($l, ,25G,C00).
 Scvcnth-The private property of the ! Of this corporation shall be ex- ampt from corporation debts of any kind | whatsoever.
 In witness whereof, We have hcraunto set l ,ur hands and seals this 18th day of February. | l. D. 1903.