Weekly Arizona journal-miner., 1904-08-31

Pubic OrkS or the hepuDLc CT MeNCO and representing the executive of said re- public and Tomas Macmanus, attorney for La Dicha Mining and Smelling Company, granting concession for the construction and operation of railway with telegraph and telephone lines in the state of Guerrero in said Republic of Mexico. and to con- struct and operate said railway and tele- graph and telephone lines under the terms and provisions of said contract or conces- sion. and under and pursuant to the laws of the Republic of Mexico; also to acquire rights to build piers, port works and ware houses in connection herewith from the federal government of Mexico, and to own and operate the same under the provisions of tbe respective concessions: to carry on interstate and foreign commerce.; to ship, transport, and deal in machinery, ores, metals, and other personal property between and among the several states and territo- ries. and between them and foreign coun- tries: and to do any and all things, and ac- uuire all property. real or personal, which may be convenient and necessary to carry into effect the objects for which this cor poration is formed.
 The capital stock of this corporation shall | be two million dollars, divided into two | hundred thousand shares of ten dollars each, and shall be fully paid and nOn-assessable. | The capital stock shall be issued and paid Tor upon IDt COuulllOlc anu at llG lllliNc hereafter provided by resolution of the board of directors.
 The time for the commencement of this corporation shall be the day upon which these articles are filed in the office of the county recorder of Yavapai county, Arizona Territory, and said corporation snail ter minate twenty-five years thereafter. VI.
 The government of this corporation is vested in a board of directors consisting of not fewer than three nor more than fifteen members. who shall he elected at the ,an- nual stockholders meeting and shall hold office for one year from the date of thelr election and qualification and until their successors are elected and qualified, pro- videi. however, that the first board of di- rectors of this company shall consist of | three members, and that the following named pc sons shall constitute said first board of directors until further action by the board of directors or the stockholders of this corporation. to witt Robt. E. Nor rison, Leon F. Kneipp, and Allen Hill; and | provided, further, that any vacancy occur ! ring in said board shall be filled by the re- ma ming members thereof.
 | Such board of directors shall have power to hold any meeting and transact any busi- ness for the company at any time or place, l WlInln or NlLlOuL Iue Ol ATlLNId and all of the acts of such board shall be valid provided that a majority of all of the members of said board shall be present and vote in favor of such act or acts and such vote shall be complete evidence of the suf- ! ficiency of notice for the meeting. Said | board of directors shall have power to es- | tablish bylaws and make all rules and reg ulations for the management Of the affairs of this corporation, not inconsistent with the constitution and laws of the United States and of the Territory of Arizona.
 Tho board of directors may at any time alter th9 number of its members, and in the event of increasing the membership of the board shall designate the additional members thereof, who shall serve until their successors are properly elected and qualified.
 VII.
 The officers of this corporation shall be a president vice-president, secretary, treas urer, general manager and auditor and such other officers as the board of directors shall deem necessary for the purpose of transact ing its business: and such officers shall be elected by the board of directors to serve for the term of one year or until their sue cessors are duly elected and qualified.
 VIII
 The time for the holding of the annual meeting of the stockholders of this corpora ton is hereby fixed for the first Monday in July of each year; and meetings of the stockholders of this company may be held at the principal office of the corporation or at any of the branch offices thereof.
 Tx.
 The private property of the stockholders of this corporation shall be exempt from liability for the payment of corporate debts and neither this company nor its board of directors nor other officers shall have power to levy any assessment upon any paid up share of stock.
 x.
 The highest amount of indebtedness or liability to which this corporation is at any time to subject itself is one million three hundred thousand dollars (S1. .300.0O000)
 In witness whereof, the said corporators have hereunto set their hands this 26th day of July, 1904.