The Coconino sun., 1903-01-24

XIII, or the RevlSeu statutes ot ArlZOna or 1901, and we hereby make, adopt, declare and publish the following Articles of Incorporation, to-wit:
 ARTICLE The name of this corporation is, and shall be, INDEPENDENCE GOLD MINING COMPANY.
 ARTICLE H.
 The principal place Of the transaction of the business of this corporation, and where it's principal office shall be located is and shall be at Flagstaff, in the County of Coconino, and established and the corporation may carry on business in such other places within the Terri tory Of Arizona. or in any other State or Terri tory as the Board of Directors may from time to time deem necessary and expedient.
 ARTICLE III.
 The purpose for which this corporation is formed, and the general nature of the business proposed to be transacted by 1t, are as follows, to. wit:
 To buy, sell, own, locate and otherwise ac- quire and deal in. mines. mining claims, min ing properties lodes and placers: to work, de- velop and operate the same. and mine the ores therefrom; and mill, smelt and reduce the same; to locate, acquire buy. sell and deal iD. tunnels, tunnel sites. waters, water rights and to buy, build, construct, own operate and main- tain mining, milling, smelling and reduction plants;tO construct, own, operate. maintain and dispose of such railways, transportation lines and facilities as may be nece 'sary. proper and incident in carrying on the business for which this corporation is organized; t0do and carry on a general mining business in all of it's branches; to do and engage in a general merchandise busi- ness, and own. operate and dispose of, ware houses, boarding houses. and such other lines of business may be necessary for, incident or in any way connected with the purposes for which this corporation is organized.
 To acquire, buy, purchase, or otherwise hold, own and dispose of. the capital stock, securities, privileges and franchises of other corporations, and buy. own, hold, sell and deal in. notes, bonds, options, securities and evidences of in- debtedness; to purchase or otherwise acquire, from other persons or corporations, the capital stock, bonds or securities Of this corporation, or any part thereof. and to hold. own and dis pose of the same: to sell or exchange the cap ital stock of the corporation hereby created. or any part thereof, for the capital stock of other corporations. and for such property, rights, in terests and franchises as the Board of Directors of this corporation may deem 1t advisable to acquire; and generally to do and perform every other act and thing. and to engage m any and every line of business which may be necessary, expedient, incident or proper to the carrying out of the business for which this corporation Is organized.
 
 The capital stock of this corporation shall be Seven Hundred Thousand (s700. .0O0O0) Dollars. divided into seven hundred thousand (7OO,OO0) shares of the par value of One (8i.00) Dollar each which stock shall be issued at such times and upon such conditions as may be prescribed by the Board of Directors and the Board of Directors is hereby authorized to issue any or all of said stock, fully paid up and n-assess- able, in consideration Of :sse payment thereof in cash. or transfer to this corporation of prop erty. rights, or interests Of any description, or services rendered or to be rendered, and the valuation or apprasal by the Board of Directors of any property. rights or interests so acquired, or of services rendered or to be rendered, shall be binding and conclusive upon stockholders of this corporation and all others dealing with the corporation.
 ARTICLE v
 The capital stock of this corporation, when issued, shall be forever non -assessable.
 ARTICLE VI
 The highest amount of indebtedness or liabil- fly, direct or contingent, to which this corpor- ation Is at any time to be subject, is, and shall be, Four Hundred and Sixty Thousand O46O.- 000.00) Dollars, a sum less than two- thirds of the capital stock.
 ARTICLE VII
 The time for which this corporation shall en- dure shall he twenty-nve (s5) years from. and after, the date Of hling these Articles of Incor- poration for record in the ofnce of the County Recorder of Coconino Couuty. Arizona ARTICLE VIII The business and affairs of this corporation shall be managed, controlled and administered by Board of Directors consisting of seven @