The news-herald., 1903-08-08
ARTICLES OF incorporation
DAILY Mining C0Eapany.

KNOW ALL MEN BY THESE PRESENT:
That we, the undersigned, do hereby associate
ourselves together for the purpose OF forming
corporation under the laws OF the Territory OF
Arizona, and to that end do certify and declare:
ARTICLE l.
The names of the corporators are John D.
Ryan, John G. MOrony and A. J. Campbell, and
the name OF the Corporation shall be Daily
Mining Company. The principal place Of bust
ness and the registered Office OF the Corporation
in Arizona shall be at Phoenix, Arizona, and
the Corporation may have such other offices,
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, cOncentrat ting, 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.
2. 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 ana
improvement of mills and works of all kinds,
in so far as the same may be pertinent to or
sential for the conducting the business of the
Corporation.
g. To construct canals, bitches, fumes and
other works for carrying water and reservoirs
for storing the same.
4. To purchase subscribe for otherwise
acquire and to hold the shares, stock or Obliga-
tions of any com pany organized under the laws
of this territory, or in any other state or terri
tory of the United States, and to sell or ex-
change the same, or upon distribution of the
assets, or q division of the profits, to distribute
any such shares, or stock, or obligations, or the
proceeds thereof among the stockholders of this
corporation.
5. To borrow 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
ARTICLE III.
The authorized capital stock of this Corpora
tion shall be one million dollars ($1 600 0O0OO),
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 -assessabl 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
pora tion shall be the date of the filing of these
Articles of Incorporation in the Office OF the
Auditor of Arizona, and the termination there
ofshall be twenty-five years thereafter.
'F ARTICLE V.
The affairs of this Corporation shall be con-
/ Quoted by Board OF five (5) Directors, and the
! following named shall constitute the Board Of
| Directors until their successors are elected :
| John D. Ryan, residence Butte, Montana; John
I G. Morony residence Great Falls Montana A