Mohave County miner., 1904-10-01

machinery, and to work, mine, explore Op crate and develop the same; and in general to do all things necessary to proper conduct of the business of this corporation in the Ter rtory and elsewhere, not inconsistent w tn the laws of the United States and the T, rritory of Arizona.
 THIRD: The authorized amount of capital stock of this corporation shall be One Million Five Hundred Thousand Dollars ($l, 900, 900 00), divided into Que Million Five Hund' ed Tn Il. sand shares of the par value of One Dollar ($l OO) each. Said capital stock shall he paid in to this corporation within six mont from the date of filing ot certified copy of these Articles of Incorporation in the office of the Territorial Auditor, either in cash or by the sale and trahsfer to it of real or personal prop erty for the uses and IurpOses of salC corpora tion, in payment for which shares ot the capi- tai stock of said co poration may be issued. and the capital stock so issued shall thereupon and thereby become and be fully paid up aud nOn-assessable, and in the absence of actual fraud in the transaction the judgment of the directors to the value of the property pur- chased shall be conclusive.
 FOURTH: The time of the commencement of this corporation shall be the date of the filing of certified copy of these Articles Of ln- corruration Tn the office of the auditor, and the termination thereof shall be twenty five years thereafter.
 FIFTH: The affairs of this corporation shall be conduct d by Board of Seven directors and the following named shall constitute the Board of Directors until their successors are elected; Milford steele, Charles F. sherman J. Eckley Spalding. J. D. Jordan. s. K. Davis A. Sawyer. Anson H. Smith. Thereafter the Board of Directors shall be elected from among the stockhold' rs on the Third Wednes- day in August of each year.
 The officers of Said corporation until their successor are elected shall be: Milford Steele, President; Char eS E. sherman, Vice -Pres dent; J. D. Jordan, Treasurer; J. Eckley Spald- ing. Assistant Treasurer; Anson H. smith, See retary; J. Eckley Spalding, Assistant Secretary.
 SIXTH: The highest amount of indebted ness or liability, direct or contingent to which this corporation is at any time subject shall be One Million Dollars ($l. 900 000.C0), which amount does not exceed two.thirds the amount Of the capital stock.
 SEVENTH: The private property of the Stock holders of this corporation shall be exempt In Witness Whereof, We have hereuuto set our hands and seals this the 23d day of Aug ust, A. D. 1904
 J.D. JORDAN. 5. R. DAVIS, M A. SAWYER, ANSON H. SMITH. TERRITORY OF ARIZONA, ico County of Mohave.
 On this, twenty.third day of August. m the year of our Lord one Thousand Nine Hundred aud Four, before m, Fred w. Morrison. Not ary Public in and for tAe County of Monave. Territory of Arizona, Iersonaily aI peared J. D Jordan, :. K. Davis. NJ A. Sawyer, AnsOn II. smith, known to me to be the persons de. scribed in, whose names are subscribed o, and who executed the annexed instrument. and | they acknowledged u me that they executed | the same for the urposes and considerations therein expressed.
 In Witness w 1er of, have hereunto set my | hand and affixed my official seal, the day aud | year last above written.
 My Commission expires Nov. 19, 1907 FRED w. MORRISON, (SeaD Notary Public. First publication Aug. P, 1904. Last publicatio Oct