The news-herald., 1903-07-04
ARTICLES OF Incorporation
OF THE
Ore eQon. Tennessee Gold Mining Co.

KNOW ALL MEN BY THESE PRESENTS
that we, whose hands are hereunto affixed, dc
hereby associate ourselves together for the
purpose of forming a corporation under the
laws of the Territory OF Arizona, and te
that end make the following statement:
First-The names of the corporators are: j
L. Dickens, J. w. Howell, 2. F. Taylor, L. l.
| Davidson S. w. McCullor A. B. HaInm, and
| the name OF the corporation shall be Oregon
! Tennessee Gold Mining Company. The prin
! cipal place in which the business of said cor
poration within the Territory of Arizona is to
be transacted is Phoenix, Maricopa county,
ARIZONA, and the principal place of business OF
said corporation outside the Territory of Ari-
zona shall be the city of Dyer, in the state OF
| Tennessee, at which meetings Of the Board OF
| Directors may be held, and the corporation
may have such branch offices either within or
without the Territory of Arizona SIS may be es-
| tablished by the Board OF Directors.
! Second-The general nature of the business
proposed to be transacted by this corporation
| is as follows to-wit:
| To make contracts; to purchase, lease, bond,
! locate or otherwise acquire, own, exchange,
sell or otherwise dispose of, pledge mortgage,
| hypothecate and deal in real estate and any
and all kinds of personal property, mines,
mining claims, oil lands, mineral lands, oil,
gas, asphaltum, petroleum, asbestos, salt, water
| and water rights and machinery, and to work,
mine, explore, operate and develop the same;
| to do general real estate manufacturing and
mercantile business; to own, handle and con-
troll letters patent and inventions and shares
of capital stock of other corporations; to bor-
row money and execute notes. bonds, mort
cages, or deeds of trust to secure the same, and
to exercise in respect of all such bonds, mort
cages, notes, shares of capital stock and other
securities and obligations any and all rights,
powers and privileges of individual owners
thereof, including the right to vote upon any
shares of stock held by it to the same extent
that q natural person might or could do; and
in general to do all things necessary to the
proper conduct of the business of this corpora
ton in the Territory and elsewhere, not in
consistent with the laws of the United States
and the Territory of Arizona.
Third-The authorized amount of capital
stock of this corporation shall be One Million
Dollars C$1,000, 100000, divided into one mil
lion shares of the par value of one dollar ($1 O0)
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 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
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-assessable, and in the absence
of actual fraud in the transaction the judg-
ment OF the Directors as to the value of the
property purchased shall be conclusive
Fourth-The time OF the commencement of
this corporation shall be the date OF the filing
of these Articles of Incorporation in the Office
OF the Auditor of Arizona and the termina-
ton thereof shall be twenty-five years there
after.
Fifth-The affairs of this corporation shall
be conducted by Board of seven Directors,
and the following named shall constitute the
Board of Directors until their successors are
McCorkle, j. W. Howell, q. F. TayIor' l. [.
Davidson and E. A. Taylor. Thereafter the
Board of Directors shall be elected annually on
the first day OF April from among the stock
holders, as the Bylaws of the corporation
may provide. The officers of said corporation
until their successors are elected shall be: A
B. Hamm, president; s. w. McCullor vice
president; J. l.. Dickens secretary: J L. Dick
ems treasurer.
Sixth-The highest amount of indebtedness
or liability, direct or contingent, to which this
corporation is ct any time subject shall be two
hundred and fifty thousand dollars $3.50 900 J.
which amount does not exceed tWo-thirds the
amount of the capital stock.
Seyenth-The private property of the stock
holders OF this corporation shall be exempt
In witness whereof, we have hereunto set
our hands and seal this 30th day of April, 1903
]. L. DICKENS, Seal )
J. W. HOWELL, Seal !
u. F. TAYLOR, Seal
l. [. DAVIDSON, Seal !
s. W. MCCULLOR, Seal !
A. B. HAMM Seal
Sr.ru or Tr,,>,nsscu