Arizona republican., 1903-01-22


 To loan or borrow money and secure the payment thereof by bond or mort gage on any of the property belonging to the company. or by the hypotheca- ton or pledge of any stocks bonds, pa per. securities. or personal property belonging to the company.
 And generally do and perform all things cognate to the business of the corporation, and necessary to carry out the purpose for which it is formed.
 ARTICLE V.
 The capital stock of this corporation shall be Five Hundred Thousand Dol lars, divided into Five Hundred Thou sand shares, of the par value of One Dollar each and said stock may be paid for in cash or by the conveyance to the company of mining or other property, at a valuation to be fixed by the Directors ;and when any property is valued by the company and taken payment for subscriptions to the cap ital stocks thereof, the stock is issued in consideration of said property in such amount as may be determined by the Board of Directors, such stock shall be thereby fully paid up, and shall thereafter be non-assessable, and none of the private property nor assets of any of the directors, stockholders or officers of this company, nor of any of either of them as individuals, shall be in any manner liable for the corpora tion debts of the company, nor shall the holder of any of said stock that has been paid in the manner above men tioned. or in any other manner, be liable on account of said stock or the subscription therefor.
 ARTICLE VI.
 The highest amount of indebtedness and liability, direct or contingent, which this corporation may incur. pr to which it shall at any time be subject, shall not exceed Twenty-Five per cent of its capital stock.
 ARTICLE VII.
 The duration of this corporation shall be for the term of twenty-five years.
 ARTICLE VIII.
 The directors of this corporation shall have the power to adopt seal therefor, prescribe the mode of trans ferring any and all stock and to adopt and establish bylaws and make rules and regulations for the management of the affairs of the company, not in- consistent with the constitution and laws of the United States and the laws of the Territory of Arizona.
 A. w. HYDE. (Seal)
 w. E. THOMAS. (SeaD
 H. H. REEVES. (Seal) Done in the presence of;
 John c. Jenkins.
 Inez E. Aldrich.
 State of South Dakota.
 County of Brookings, ss.
 On this Sth day of December, 1902. before me. a Notary Public, in and for said County and State. personally ap- peared A. w. Hyde, w. E. Thomas and Fl. H. Reeves, known to me to be the persons described in and whose names are subscribed to the foregoing ar ticles of incorporation of the Alaska Mining & Development Company, and they duly and severally acknowledged to me that they executed the same, freely and voluntarily, for the uses and purposes, and consideration therein ex- pressed.
 In Witness Whereof, I have here unto set my hand and notarial seal, this sth day of December, 1902. (SeaD JOHN c. JENKINS.
 Notary Public for South Dakota. Territory of Arizona.
 County of Maricopa. ss.
 I. B. F. McFall, County Recorder in and for the County and Territory aforesaid. hereby certify that I have compared the foregoing copy with the original Articles of Incorporation of the ALASKA MINING & DEVELOP MENT COMPANY" filed and recorded in my office on the 22nd day of Decem- ber 1902, in Book No. 13 of Incorpora- tions. at Page -, and that the same is full. true and correct copy of such original and of the whole thereof. Witness my hand and seal of office, this 22nd day of December. 1902.
 CRecorder's SeaD B. F. McFALL,
 County Recorder. By A. $. ARTHUR. Deputy.
 Filed and recorded in the office of the Secretary of the Territory of Ari- zona this 22 day of December. A. D. 1902, at 2 p. m
 ISAAC T. STODDARD.
 Secretary of Arizona. First Pub. Jan. r, 1903.