The news-herald., 1903-03-14
ARTICLES OF Incorporation
of
THE GOLD NUGGET MINING AND
MILLING COMPANY.

Territory of Arizona, and to that end do here
by make the following statement
First The names of the corporators are
Louis Y Kohlman, Kent l.. Eldred and Alonzc
II. Davis, and the name of the Corporation
shall be THE GOLD NUGGET MINING AMI
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 ofthe 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 or with.
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 cs-
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
mines and mining claims, and to purchase,
lease, construct or otherwise acquire and oper-
ate and conduct mills, smclters, reduction
works, and all kinds of works, plants and pro-
cesses for the reduction OF ores or the extrac-
| ton of minerals values therefrom, and to do
all things incident to the general business of
mining for gold, silver and other valuable
minerals and metals, and of reducing ores, and
I extracting 40 orafr oil u1e
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 ($50o,oo0), divided
| into five hundred thousand shares OF the par
value OF one dollar Isl .00l 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 1t OF real or
| personal property for the uses and purposes of
said corporation, in payment for which shares
ofthe capitals stock of said corporation may beis-
sled and the capitalstock so issued shall there
upon and thereby become and be fully paid up
and nonasseSSablc, and In the absence Of actu-
al fraud in the transaction the judgement OF
the directors asto the value of the nronerty
purchased shall be conclusive.
Sixth: The time of The commencement
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 Corporation
IL hX- rd If II M;
rectors. and the following named persons
shall constitute the Board of Directors until
their successors are elected: A. \. Ireland,
Louis X. kohlman, Kent l.. Eldrcd, Alonxo II.
Davis and NJ 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, President; Kent L. Eldred, Vice
! President: Alonzo II. Davis, Secretary and
Alonzo H. 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 [S5O,OOOl, which amount
does not exceed two-thirds the amount of thu
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
| \. D. 1908,
Kent L. Eldred [Seall
AlonZo H. Davis (Reall
Louis X. Kohlman (seall
! State OF Colorado o.,
| County Of Fremont
On this 9th day of January, A, D.
1so3 before me Il Notary Public in and for the
State and County aforesaid, residing therein,
! duly commissioned and sworn, personally ap-
| peared Louis Y. KOhlman, Kent L. Eldred and
Alonzo H. 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 expressed.
| IN WITNESS WHEREOF, l have hereunto
set my hand and affixed my official, Notarial
seal, at my Office in the said State and County,
| the day and year last above written.
My commission expires Jan. 23, 1906.
! [NotArial Scall w. 3. FELTON,
Notary Public.
Territory ofArizona, (ss
County of Maricopa
l, B. F. McFall,
County Recorder in and for the County
and Territory aforesaid, hereby certify
that have compared the foregoing copy
with the original Articles of Incorpora-
ton OF the Gold Nugget Mining and
Milling Company fled and record
ed in my office on the 10th day of
January 1903, in Book No. 13 of In
corporations, at Page, and that the
same is a full, true and correct copy of
such original and of the whole thereof.
Witness my hand and seal of office,