Weekly Arizona journal-miner., 1903-03-25

Know All Men By These Presents. that we. the undersigned residents of the city of Los Angeles, State of California, have this day associated ourselves together for the purpose of organizing and conducting cor pOratiOn under the laws of the Territory of Arizona. and to that end we do hereby cer- tify the following:
 The names of the corporators are W. D. Clair. s. MOnlux and F. F. Hoard, and the name of the corporation shall be the TonO- pah- Treasure Mining Company. The prin- cipal place in which the business of this cor poration shall be transacted Is the city of Prescott, county of Yavapai, Territory of Arizona, and its principal branch office shall be the city of Los Angeles, State of California. It may maintain such other branch offices, either within or without the Territory of Arizona, as its board of direct ors may establish. At such branch offices the first and subsequent meetings of its board of directors and stockholders may be held and any or all of its corporate business transacted.
 The purpose for which this corporation is organized is to engage il the general busi- ness of buying. selling, owning and Operat- ing mines and mining properties of every kind and character. and doing all things necessary and incidental to the proper con- duct of a general mining business in said Territory of Arizona and elsewhere. not in consistent with the laws of the United States or of said Territory of Arizona.
 III.
 The capital stock of this corporation shall be Sl .5OO.OOO divided into 1,500. 900 shares of the par value of $l each. At such time as the board of directors may by resolution direct. said capital stock shall be paid in to this corporation and such payment may be either in cas.. Cc by tu sale and transfer to it of real and personal property for the uses and purposes of said corporation, or by ser vices rendered said corporation, and shares of said capital may be then issued. and such shares so issued shall thereupon and thereby become and be fully paid up and forever nOn-assessable, and, in the absence of actual fraud in the transaction. the judgment of the directors as to the value of the property purchased, or services rendered said cor poration. shall be conclusive.
 ".
 The existence of this corporation shall be deemed to commence at the date upon which the duly certified copy of these Ar ticles of Incorporation shall be filed with the Secretary of Arizona. and the termina- tion thereof shall be twenty-five years there after. subject to renewal before such terni- nation, pursuant to the laws of said Ter ritOry.
 V.
 The affairs of this corporation shall be conducted by board of seven directors and the following named persons shall cOnsti- ute said Board of Directors until their sue cessOrs may be duly elected: F. F. Hoard, D. D. Whitney, E. E. BOstwick, :. AOnlUx. E. R. Smith. A. F. Taggurt and Charles J. BOwlus. Thereafter the board of directors shall be elected from among the stOckhOld- CTS as the bylaws of the corporation may may provide, except that for tine purpose of eIecting directors. and that only, what is known as the cumulative system of voting Is hereby adopted.
 VI
 The greatest amount of indebtedness, either direct or contingent, to which this corporation may at any time subject itself. is Sj0.00O.
 VII.
 The stockholders of this corporation and their private property shall be forever ex- empt from all corporate debts and liabil- ities.
 In witness whereof. we have hereunt set our hands this 18th day of February. A. ID 1gQS