The news-herald., 1903-07-18
ARTICLES OF incorporation
OF THE
Daly Mining Company.

KNOW ALL MEN BY THESE PRESENT;
That we, the undersigned, do hereby associate
CORPORATION under the laws Of the Territory of
Arizona, and to that end do certify and declare
ARTICLE I.
The names CT the corporators are John D.
Ryan, John G. Morony and A. j. Campbell ana
the name of the Corporation shall be Daly
Mining Company. The principal place OF ousl-
ness and the registered office OF the C0rporatlcn
in Arizona shall be at Phoenix Arlzona5 I39C anu
the Corporation may have such other 0thceS,
either within or without the territory OF ART
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 rs fO!-
lows tO-Wit.
ing. concentrating, converting, smelling, treat
ing, preparing for market, manufacturing, Duy-
ing, selling exchanging ana otherWlse Pro1Ilnei qua
and other metals and minerals OF every Klnd
and description, and generally and without
limit as to amount; to buy, sell, exchange,
lease acquire and deal in bonds, mines ana
mineral rights and claims, and in the ABOVE
specified products, and to conduct all business
pertaining thereto.
! D To purchase, take on lease, Or in exchange,
hire or otherwise acqu quire any real or personal
property, rights or privileges sultaoIe OF con
Venient for any purpose OF It's business; 10
erect and cOnrtruct, make and improve or SUD
scribe toward the construction, making ana
l Improvement OF mills ana WOfKS Ol All hIuuS,
in so far as the same may be pertinent to or es-
sential for the conducting the business OF the
I Corporation.
other works for carrying water, ana reservoirs
for storing the same
a To purchase subscribe for or otherwise
ACQUIRE and to hold the shares, stock or obliga-
tiOns of any conf 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 division OF the prohts, TO GlStrlpute
any such shares, or stock, or obligations, or the
proceeds thereof among the STOCKHOLDERS OF TINS
s. 70 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 HI
The authorized capital stock of this Corpora
tion shall be one million dollars ($l 600,000OO),
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 or
personal property TOR 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 bs fully
paid up and non aSseSSa nIe, and IN the absence
of actual fraud in the transaction the Judgment
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 othce OF the
Auditor of Arizona, and the termination there
of shall be twenty five years thereafter
ARTICLE V.
The affairs of this Corporation shall be con-
Quoted by a 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
g. MorOny, residence Great Falls, Montana; A.
J. Campbell, residence Butte, Montana; J. G.
Lalor, residence Anaconda, Montana, and d. j..
Hennessy, residence Butte, Montana. There
after the Board of Directors shall be elected an
nuaIy from among the stockh0lders sstoc on the
k said Corporation until their successors are
s elected shall be: John D. Ryan, President; D.
J. Hennessy, Vice-President; John G. MorOny,
5ecretary; J. c. LaylOr, Treasurer.
ARTICLE VI.
c. H. Akers, q bona fde resident of Arizona
for over three years, is the agent of the Cor
poration, upon whom may be served all notices
Ind processes, including service OF summons.
ARTICLE VII.
The highest amount of Indebtedness or LA
bility, direct or contingent, to which this Cor
poratiOn is at any time subject shall be six
hundred thousand dollars ($60Q 100000, which
amount does not exceed tWO-thirds the amount
bf the capital stock.
ARTICLE VIII.
The private property of the stockholders OF
his Corporation shall be exempt from it's
corporate debts of any kind whatsoever.
In witness whereof, we haye hereunto set
pur hands and seals this 18th day of May, A. D.
9O3.
JOHN G. MORONY, seal
A J. CAMPBELL. [SealI
STATE OF MONTANA,
County of Silver Bow. Do