The Arizona sentinel., 1905-06-14


payment Of the same by mortgage or other lien
on the property OF the corporation; to borrow
money and CONTRACT 10 repay the same ut such
time or tines and with such rate Or rates Of
interest as its board OF directors may deem
proper and see fit; to hypothecate. mortgage
,or pledge all or any part of the property which
this corporation may hereafter acquire; to Sc
cure payment Of any sucA money, with in
terest, or to secure the payment OF ANY such debt
OF this corporation. with such interest thereon
As it may be legally obligated to pay: and to do
! al and every act necessary. incident or conven-
tent to the proper transaction of She business for
which this corporation is organized within the
limits Of the said Territory OF Arizona or in any
state Of the United States Of America. or in any
foreign country. it being expressly provided
/ that the foregoing enumeration Of specific
powers shall rot DC held to limit or restrict in
any manner the powers OF this corporation.
ARTICLE III.
! The time of the commencement of this corpo-
ration shall be the date OF fling these articles OF
Incorporation IL the Office Of the county re
eorJer OF Yuma county. Territory OF Arizona,
ana the termination thereof, shall be twenty
five (25) years thereafter
ARTICLE ".
Thc authorized amount of capital stock OF
rhs corporation shall be one million dollars
Isl ,G0OA5G) divided into one million shares of
the par value OF one dollar O.Oa) each, Vt such
time as the board OF directors may By resolu-
tieA direct said capital stocis 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 a1d purposes CT said corporation.
in pay1nea. for which shares OF the capital
STOCK Of said corporation may be issued, and
the capital stock 50 Issued shall theTeapcn and
thereby become anu be fully paid up and non
aSscSsable. and in the absence of actual fraud
in the transaction the Judgment OF the directors
IS 10 Tie value of the property purchased shall
be conclusive.
ARTICLE Y.
The affairs of this corporation shall &c
managed ard conducted by board of directors
composed OF seven persons, who Shall be stock
holders in Tbs said corporation, aGd who Shall
be elected annually by the stockholders 90 the
first Tuesday after the first Monday in the
mouth of January each year; and Shall hold
Office for one year from the date of their elec-
ton and qualification, ard until their sac
cessors arc elected and qualified.
The following named persons shall constitute
she board of directors until their successors
are daily elected and qualified
William c. Patterson. jamestown. X, Y
r. r. Macdonald, Harrisburg, Arizona.
j. Il. MatteSon, Buffalo, n. Y.
John b. Martin, Harrisburg. Arizona.
S. N. IzieIand, Buffalo, <. Y.
H. c. Haage, Buffalo. \. y.
u ;..l,,,,
Any vacancy occurring in said board to be
filed by the remaining members thereof; and
such board Of directors shall have the power to
hold any meeting and transact any business for
the corporation at any time or place withia or
without the Territory Of arizona; and all acts
OF said board shall be valid, provided that a
majority of all members CT the board Shall be
present and vote in favor Of such act or acts
and such vote shall be complete evidence OF
the sufficiency Of notice for the meeting; and
@aid board shall have the power 10 establish
bylaws ana make al rules and regula tionS
accessaFy for The management of this cOrpo
ration not inconsistent with the constitution
and laws OF tEe United States and the laws OF
TIE Territory OF Arizona.
ARTICLE VI.
The offcer~o of this corporation shall be pres
fdent, vicepresdent, secretary trea surcr, man
aver, and consulting -engineer, and until their
successors are duly elected and qualified the
following named persons shall constitute the
officer: viz:
William c. Patterson. President
r. r. Macdonald, Vice President
J. Il. Matteson. Secretary and Treasurer.
J. b. Martin Manager.
s. NJ. Kiciland Consulting Engineer.
ARTICLE VII.
The highest amount OF Indebtedness or liab;-
lily. dircc: or contingent 10 which this coTpo-
ration is at any time to subject itself shall be
the sum of six hundred thouSani,dollars (SjO0.-
GGO which amount does not exceed twothirds
the amount Of the capital stock Of this corpo-
ration.
ARTICLE VIII.
The private property OF the stockholders of
this corporation shall be exempt from corpo-
raJe debts OF any kind whatsoever.
ARTICLE TX.
These articles of incorporation may be
amended at any regular or special meeting of
the stockholders, by a vote Of the holders of
majority of the stock that is present in favor CT
the amendment, and whenever these articles
shall be so amended. such amendment shall DO
signed and acknowledged by the president and
secretary Of this corporation: and when re-
corded. Shall have the same effect as though
;hey had been signed and accepted by all OF
the stockholders.
IN witness whereof. we have hereuntO set
our hands and seals this 3sC day of April. 1895
r. \. Macdonald,
W b. Elos,
Territory sf Arizona,
County of Yuma, "
On this aist day OF April in TIC year f9a5 he
fore me B. j. Quinn Notary public IN and for
the territory and county aforesaid, residing
therein, duly commissioned and sworn. per |
Sonally appeared. r. r. Macdonald and W. e. |
EnoS. known TO me to be the persons described |
in, whose names are subscribed tes and who !
executed the annexed instrument, and they &C |
knowledged to me that they executed the same |
for the purpose and conscientious therein eX-
pressed.
In witness whereof. l have hereunto set my
hand and af1ixad my official seal, at my Office, |
in the said territory and county, the day ard
year last above written.
Seal b. j. Quinn.
Notary Pnblic:
My commission expires Oct. 18th, 1897.
Territory OF Arizona, O.
County Of Yuma, "
l. j. II. Polhamus. County Recorder IN and |
for the Coanty Of Yuma. Territory of Arizona, |
do hereby certify that the foregoing is u true |
full and correct copy of articles of Incorporation
of the Victor and Belle Crown Mining Co, az !
fled for record in my Office on the 25th day Of |
April. \. ID. 1907. and as appears Of record in !
Book OF Articles Of Incorporation. page.
ct seq. records of Yuma county. aforesaid.
IN witness whereof l have hcrcunto set MY I
hand and affixed my seal o. Office this 18th day
of April, 4. D. i9G5
J. II. Poihumus.
LSeall County Recorder OF Yuma Co.
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