The news-herald., 1903-07-04
ARTICLES OF Incorporation
Daily Mining Company.
OF THE

KNOW ALL MEN BY THESE PRESENT:
That we, the undersigned, do hereby associate
ourselves together for the purpose OF forming a
corporation under the laws OF the Territory OF
Arizona, and to that end do certify and declare
ARTICLE /,
The names of the corpOrators are John d.
Ryan, John G.. MOr0ny and A }. Campbell, and
the name of the Corporation shall be Daily
ness and the registered Office of the Corporation
in Arizona shall be at Phoenix, Arizona, and
either within or without the Territory of Ari-
zona, as may be established by the Board OF
Directors, at which offices meetings of the
Board of Directors may be held.
ARTICLE II.
The general nature of the business proposed
TO be transacted by this Corporation is as fol-
lows, tO=Wit:
l. To carry on the business of mining, mill
ing, concentrating converting, smelling, treat
ing, preparing for market, manufacturing, buy
ing, selling, exchanging and otherwise prOduc-
ing and dealing in gold, silver, copper, lead
and other metals and minerals of every kind
and description, and generally and without
limit as to amount; to buy, SELL exchange,
lease, acquire and deal in bonds mines and
mineral rights and claims, and in the above
specified products, and to conduct all business
pertaining thereto,
.. To purchase, take on lease, or in exchange,
hire or otherwise acquire any real or personal
property, rights or privileges suitable or con-
Venient for any purpose OF its business; to
erect and conrtruct, make and improve or sub
scribe toward the construction, making and
improvement of mills and works or all kinds,
in so far as the same may be pertinent to or es-
sential for the conducting the business of the
Corporation.
8. To construct canals, bitches, fumes and
other works for carrying water, and reservoirs
f. To purchase, subscribe for or otherwise
acquire and to hold the shares, stock or obliga-
tions OF any company organized under the laws
of this territory, or in any other state terri
tory of the United States, and to sell or eX-
change the same, or upon distribution of the
assets, or d division OF the profits TO distribute
any such shares, or stock, or obligations, or the
proceeds thereofamong the stockholders of this
corporation.
g. To borrow or raise money for any purpose
OF the Corporation, to secure the same and in
terest, or for any other purposes; to mortgage
or charge the undertaking OF all or any part of
the property hereinafter acquired, subject to
the limitations prescribed by the laws Of the
Territory of Arizona.
ARTICLE III
The authorized capital stock of this Corpora
tion shall be one million dollars Isl 000, ,00000),
divided into ten thousand 100000 shares of the
par value OF one hundred dollars ($100.00) each.
At such time as the Board of Directors may by
resolution direct, said capital stock shall be
paid into this Corporation either in cash, SER
vices or by the sale and transfer to it of real
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
thereupon and thereby become and be fully
paid up and 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 shall be conclusive.
ARTICLE ".
The time of the commencement OF this Cor
poration shall be the date of the filing of these
Articles OF Incorporation in the office OF the
Auditor OF Arizona, and the termination there
OF shall be twenty-five years thereafter.
ARTICLE V.
Phe affairs of this Corporation shall be con-
Quoted by Board of ive % Directors, and the
following named shall constitute the Board OF
Directors until their successors are elected :
John d. Ryan, residence Butte, Montana; John
q. MorOny, residence Great Falls Montana; A
J. Campbell, residence Butte, Montana; j. c.
Ialor, residence Anaconda, Montana, and D. j.
Hennessy, residence Butte, Montana. There
after the Board of Directors shall be elected an
nually from among the stockholders on the
hrst Monday in August 1903. The officers of
said Corporation until their successors are
elected shall be; John D. Ryan President: D.
J, Hennessy Vice-President; John G. Morony,
secretary; j. Z. Laylor, Treasurer.
ARTICLE VI,
c. II. Akers, a bona fide resident of Arizona
Ior over three years, is the agent of the Cor
pOration, upon whom may be served all notices
and processes, including service of summons
ARTICLE VII.
The highest amount OF Indebtedness or liza
bility, direct or contingent, to which this Cor
hundred thousand dollars ($600, ,O00O0) which
amount does not exceed tWo-thirds the amount
OF the capital stock.
ARTICLE VIII.
The private property of the stockholders of
this Corporation shall be exemDt from tfe
corporate debts OF any kind whatsoever
In witness whereof, we have hereunto set
our hands and seals this 18th day of May, A. D.
1903.
JOHN G. MORONY, fSeali
A. J. CAMPBELL. [SealI