The copper era., 1903-02-26

share.
Article vII-The incorporators subscribe fol
and take the following number of shares. re
spectvely:
II. II. Rea 26l 600 share:
Edmond Lafave ......-............. 1000 share.
E. Drake. 5000 share,
L. :. Deane ........ .............. 500 share,
George Barr NEUTRALITY-SUSPICIOUS.. 500 shares
Treasury stock $50 600 shares
Total ........................ 900. 500 600 share.
Article vIII-One hundred and fifty thous
and Q5O. 600 shares OF the capital stock of thi.
corporation is set apart as treasury stock. TO be
disposed of under the directions ofthe board OF
directors and the proceeds to be used in build
ing a mill on the hereinafter described property
and developing the same.
Article IX-The government OF this corpora
ton and the management of its affairs shall be
vested in a board of five directors who shall
be stockholders and chosen annually by the
stock holders at the regular annual meeting, a.
hereinafter provided, and shall hold ONCE fol
the term of one year and until their successors
are elected and qualified.
Article X-Three directors shall constitute @
quorum for the transaction of business.
Article XI-The officers of this corporation
shall consist of president vice president, secre
tary. treasurer and general manager. each OF
whomshall be elected annually. by the board Of
directors. from their own number Immediately
after the annual election of said board of di
rectors, and shall hold Office for the term OF
one year and until their successors are elected
and qualified. The offices of secretary and
treasurer may be held by the same person. and
the Offices of president and general manager
ms he hold nv
Article XII-The annual stockholders meet
ing for the election of officers and for the
transaction Of such other business rs shall
second Tuesday of June, in each year
at ? o'clock p. m; in Salt Lake City,
Utah. representation of majority of the
issued capital stock shall be necessary to hold
such a meeting, or any stockholders meeting
but less number may adjourn any meeting
from time to time. All elections shall be by
ballot A majority of all votes cast being
necessary TO IA choice. Each share holder
shall be entitled to one vote for each
share of stock bcd by him. or her which may
be voted, by him. or her, in person or by proxy
failure to hold any meeting of the stock
holders at the time appointed, shall not forfeit
or impair the right acquired under this agree
ment and n meeting may be held Mt any subsc
quent time, upon giving such notice as is re-
quired by law. or may be determined by the
board of directors.
Article XIII-H. H Rca, Edmond Lafave
E. Drake. l.. S. Dcane and George Barr shall
constitute the first board OF directors, who shall
hold office until the first annual meeting of the
stockholders of this corporation. to be held on
the second Tuesday of June. 4. ID. 1903, pro-
vided in Article XII hereof and until their
successors shall have been elected and quail
fed.
The first officers of this corporation shall be
II. II. Rea, president; George Barr, vice presi-
dent: +. Drake. scc.e tary and treasurer and II
II. Rea general manager, each of whom shall
hold office until his successor is elected and
qualified.
Article XIV-Any vacancy caused by the
death resignation, removal, or failure to qualify
of any CT the officers or directors of this corpo-
ration, may be filled by the board Of directors.
Article XV-This corporation does take, pur-
chase and receive from the said share -holdcr rs,
the following described mines and mining
claims. situated. lying and being IN Greenlce
Gold Mountain mining district, Graham county,
territory OF Arizona. viz:
The east half of the NV Ia of NV IA OF
section nineteen, township four south, range
thirty east of the G. & S. X. B. & NJ containing
twenty acres more or less. being placer claim.
together with the Midnight, Midnight No and
Midnight No. 3 lode mining claims. in full pay
ment of nil of the capital stock Of this corpo-
ration, which property is estimated to be worth
five hundred thousand dollars, said property
being necessary TO the pursuits agreed upon.
as specified in Article hereof.
Article XVI-The private property of the
stock holders shall not be liable for the debts.
or obligations, of this corporation.
Article XvII-The board Of directors OF this
corporation shall have the power to make and
adopt such bylaws as they may deem proper
for the government of said corporation, not in
consistent with these articles of incorporation,
or the laws of the state Of Utah.
The duties OF all officers may be prescrsbed by
said bylaws.
Article XVIII 1.-The capital stock OF this cor
poration shall be non-assessable.
In witness whereof we have hcreunto set our
hands and seals this 18th day of May. A, d. 1902.
EDMOND LAFAvE ACKNOWLEDGEMENTS Seal
f. DRAKE.......-.....-.-- ---.... -tSeaD
L. 5. DEANE ----..------.--- .-..-------toeaD
STATE OF UTAH.
County of Salt Lake, s.
On this 2eth day of May, A d. 1902. before me.
II. G. Twomey. a notary public in and for Salt
Lake county state of Utah. personally appeared
n H. Rea, Edmond Lafave, z. Drake, L. ;.
Deane and George Barr. personally known TO
me TO be the same persons whose names are
subscribed to and who executed The foregoing
articles OF Incorporation, or association and
agreement incorporating the Clifton Central
rta