The news-herald., 1903-02-28
ARTICLES OF incorporation
of
THE GOLD NUGGET MINING AND
MILLING COMPANY.

Know all men by these presents:- That we
whose names are hereunto affixed, 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 here
by make the following statement
First The names OF the corp0rators are:
Louis X. Kohlman, Kent L. Eldred and AlonZo
H. Davis, and the name OF the Corporation
shall be THE GOLD NUGGET MINING AND
MILLING COMPANY.
Second:- The principal place in which the
business of said Corporation within the Terri
tory of Arizona is to be transacted is Wicken
burg in. the County OF Maricopa, and Territory
Of Arizona, and the principal place OF business
of said Corporation outside of the Territory of
Arizona shall be the City of Canyon City, in
the County of Fremont, and State of Colorado,
at which place meetings of the Board OF Direct
Ors may be held, and the Corporation may
have such branch offices either within rWth-
out the said Territory of Arizona as may be es
/ tablished by the Board of Directors
Third The general nature of the business
proposed to be transacted by this Corporation
| is as follows, to-Wit:
To locate purchase, lease, bond, bond and
lease, or otherwise acquire, hold own and
possess mines and mining claims, and real es-
tate, and all kinds of personal property, and
water rights, and to exchange, sell or other
wise dispose of, pledge, mortgage, hypothecate
and deal in, mines and mining claims, and to
work, mine, explore. operate and develope
mines and mining claims and to purchase,
lease construct or otherwise acquire and oper-
ate and conduct mills, smelters, reduction
works, and all kinds of works, plants and pro-
cesses for the reduction of ores or the cxtrac-
| of oil h Il
all things incident to the general business of
mining for gold, silver and other valuable
minerals and metals, and of reducing ores, and
extracting and obtaining therefrom all me tails.
minerals and values, and to do all things nee
essary to the proper conduct OF such business
by this corporation in the said territory of Ar
| iZOna and elsewhere.
| Fourth That the authorized amount of the
capital stock of this corporation shall be five
hundred thousand dollars ($50000o), divided
| into five hundred thousand shares of the par
value OF one dollar [$100l each.
Fifth At such time as the Board of Direct
orS may by resolution direct, said capital stock
shall be paid into this Corporation either in
cash or by the sale and transfer to it of real or
personal property for the uses and purposes of
said corporation, in payment.fOr which shares
1.-THE capital stock Of said corporation may beis-
sued, and the captalstock so issued shall there
upon and thereby become and be fully paid up
and non assessablc, and in tire absence of actu-
al fraud in the transaction the judgement Of
the directors as TO the value of the property
purchased shall be conclusive.
Sixth: The time OF the commencement
OF this corporation shall be the date of the fill
ing of these articles Of incorporation in the
office Of the Secretary of Arizona Territory and
the termination thereof shall be twenty five
years thereafter
Seventh The affairs Of this Corporate
shall be conducted by a Board of five (5) Di-
rect0rs and the following named persons
| shall constitute the Board of Directors until
their successors are elected: A. A. Ireland
! Louis y. Kohlman, Kent l.. Eldrcd Alonz0 II.
! Davis and N. f. Lewis; thereafter the Board
! OF Directors shall be elected as the Bylaws of
the Corporation may provide.
! Eighth The officers of said Corporation un-
til their successors are elected shall be: Louis
! Y. Kohlman, Presidents Kent l.. Eldrcd, Vice
| President Alonzo II, Davis Secretary; and
Alonzo II. Davis, Treasurer,
Ninth The highest amount of indebted
ness or liability, direct or contingent, to which
this Corporation is at any time subject shall be
fifty thousand dollars [$5o,000I. which amount
does not exceed two-thirds the amount of tho
, capital stock
Tenth The private property of the
stockholders of this corporation shall be ex-
empt from corporate debts of any kind what
soever.
Eleventh. The Board of Directors shall
have power to make such prudential bylaws
as they may deem proper for the management
| OF the affairs OF the corporation, not inconsist-
with the laws of the United States or the laws
of the Territory of Arizona, for the purpose of
carrying on all kinds of business within the
object and purposes of this Corporations
In witness Whereof we have hereunto set
our hands and seals, this 9th day of January,
! A. D. 1903,
| Kent L. Eldred [Seall
AlOnzo II. Davis TSeall
Louis X. Kohlman tseall
State of Colorado (o
! County of Fremont
On this 9th day of January, a, D.
l9O3 before me a Notary Pubic in and for the
State and County aforesaid, residing therein,
duly commissioned and sworn, personally ap-
peared Louis Y. K0hlman, Kent L. Eldred and
Alonzo II. Davis, known to me to be the per
sons described in whose names are subscribed
! to, and who executed the annexed instrument,
and they acknowledged to me that they execu-
ted the same for the purposes and consid-
! erations therein ex pressed.
IN WITNESS WHEREOF, I have hereunto
set my hand and affixed my official, Notarial,
seal, al my office in the said State and County,
the day and year last above written.
My commission expires Jan. %, 1906
[Notarial Seall w. B. FELTON,
Notary Public.
Territory ofArizon@, SIS
; County of Maricopa
I, B. T. McFall,
County Recorder in and for the County
and Territory aforesaid, hereby certify