The news-herald., 1903-05-30
ARTICLES OF incorporation
San Marcos Mining Company.
OF THE

San Marcos Mining Company.
I'VE the undersigned, Henry Voorce Bran
denburg, John NJ. Ostrander and f. Tibbits,
agree to form corporation under the laws of
the territory of Arizona, under the name of
the San Marcos Mining Company, with the
principal place of transacting business at
Phoenix, Arizona.
2-Thc objects for which the corporation is
formed are
A.--To purchase, take on lease or otherwise
acquire and own any mines, mining rights
and lands in the territory OF Arizona, or else
where, and any interest therein, and to en-
ploy, work exercise, develop and turn TO ac-
count the same, and to mortgage pledge, as
sign transfer or otherwise dispose OF the same
B.-To mine, quarry, smelt refine, dress,
amalgamate and prepare for market all metal
and mineral substances of all kinds, ard to
carry on any other operations which may be
conducive to any of the companys objects.
C.--To buy, sell, manufacture and deal in
minerals, plants machinery, implements, con
yenences, provisions and things capable Of
being used in connection with mining opera
tions or required by workmen or others en-
plOyed by the company.
D.--To construct, carry out, maintain, i'm
prove. manage, work, control and superintend
any roaGs, ways, railways, bridges, reservoirs,
watercOurses, aqucducts, wharves, furnaces
mills, crushing works. by draulic works, works,
factories, warehouses and other works and
conveniences which may seem directly or in
directly conducive to any of the objects OF the
company, and to contribute to, subsdize or
otherwise aid and take part III any such oper-
ations
E.-To SELL lease, mortgage, pledge or other
wise dispose OF any such mining properties,
plant, real estate, works or machinery con-
nected herewith.
F.-TO acquire by purchase, subscription or
otherwise, and to hold as investment, any
bonds or other securities or evidence OF in
debtedness, or any shares OF capital stock Gre
ated or issued by any other corporation or cor
poratiOns, association or associations, of the
territory OF Arizona, any other territory,
state or country
G.-To purchase hold, sell, assign, transfer,
mortgage, pledge or otherwise dispose OF shares
of the capital stock OF any other corporation or
corporations, association or associations OF the
territory of Arizona, or of any other state, ter
ritory or country, and while owner O: such
stock to exercise all the rights, powers and
privileges OF ownership, including the right to
vote thereon.
H.-To aid in any manner any corporation or
association of which any bonds or other Sc
curities or evidences of indebtedness or stock
are held by the corporation; and to do any acts
or things designed to protect, preserve, i'm
prove, or enhance the value of any such bonds
or ether securities or evidences OF indebted
ness or stock.
Ito purchase, hold, sell, assign, transfer,
mortgage, pledge, or otherwise dispose OF any
debtedness created or issued by any other cor
poration or corporations, association or asso-
Citations, OF the territory of Arizona, or OF any
other state, territory or country, and while
owner thereof, to exercise all the rights, pow
ers and privileges of ownership,
ITO acquire, own and hold such real and
personal property as may be necessary or con-
venent for the transaction of it's business
K.-To guarantee the performance of con-
tracts or the payment of bonds, debentures,
notes evidences of Indebtedness of other cor |
porations, partnerships or individuals, and
to take, own hold securities for such guar
anty.
Ito manufacture, purchase, or otherwise
acquire; to hold, own, mortgage, pledge, sell, |
assign and transfer or otherwise dispose Of; to |
invest trade, deal in or deal with goods, wares |
and merchandise of every class and descrip-
ton. The business or purpose OF the corpora |
ton is from time to time to do any one or more !
OF the acts and things herein set forth.
3-The capital stock OF said corporation shall |
be five million ($5OOO,OOO, ,00J dollars divided |
into five million (5OO0.tG0) shares OF the par |
value of one 00) dollar each, which stock |
shall be issued as paid up and worcestershire
in exchange for cash, services or property.
4-The business of said corporation shall be
conducted by a board of directors who shall be |
elected annually by the stockholders of this |
corporation on the second Monday of January |
THE corporation shall commence business !
on the date these articles filed in the office |
OF the auditor OF Arizona and shall terminate !
twenty-five years thereafter.
6-The highest amount Of Indebtedness di-
rect or contingent to which this corpora ton
shall subject itself at any time is three mil
lion three hundred thousand $500, 10000 dol
lars.
THE private property Of the stockholders
OF this corporation shall be exempt from liza
bility for its corpora te debts.
In witness whereof we have hereunto sub