The Arizona sentinel., 1905-06-07

| payment OF the same by mortgage or other lien
on the property of the corporation; to borrow
money and contract to repay the same at such
! time or times and with such rate or rates of
interest as it's board of directors may deem
proper and see fit; to hypothecate, mortgage
or pledge all or any part Of the properly which
this corporation may hereafter acquire; to Sc
/ cure payment OF any such money, with IT.
terest, OF to secure tae payment of any such debt
of this corporation, with such interest thereon
as it may be legally obligated to pay; and to do
all and every act necessary, incident or conven-
lent to the proper transaction of the 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 not be 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 filing these articles of
incorporation in the Office Of the county re-
corder of Yuma county. Territory OF arizona,
and the termination thereof, shall be twenty
five (25) years thereafter.
ARTICLE ".
IQc tfuJAOTfZcU amount Oh Cbpildl SGOCh Ol
this corporation shall be one million dollars
fSlO00,GG) divided into one million shares of
She par value Of one dollar Gee each. AT such
time as the board OF directors may by reSolu-
tion direct, said capital stock shall be paid into
this corporation. either in cash or by the sale
and transfer to is of real or personal property
fo- the Uses and purposes Of said corporation,
in payment for which Shares Of the capital
stock of said corporation may he isS}AStl, and
the capital STOCK 50 ISSUED shall tlrcreupoH and
thereby become and be fully paid up and non
assesSable AID in the absence OF actual fraud
in the transaction the judgment Of the directors
as to the value OF the property purchased shall
be conclusive
ARTICLE Y.
Tire affairs OF this corporation sHan be
managed and conducted by q board of directors
composed CT seven persons who shall be stock
holders IN the said corporation, and who shall
be elected annually by the stockholders on the
FIST Tuesday after the first Monday in the
month of January each year; and shall hold
Office for one year from the date Of their cleo
tiaR and Qualification. and until their sue
cessers are elected and qualified.
The following named persens shall constitute
the board of directors until their successors
are duly elected and qualified:
William c. Patterson, jamestown, n, Y.
r. Il. Macdonald, Harrisburg, Arizona
49, j. II. MatteSon, Buffalo, N! Y.
John B. Martin, Harrisburg, Arizona.
S. NJ. Kielland Buffalo, N. Y.
II. c., Hauge, Buffalo, n. Y.
w. E. Enos- Harrisburg, Arizona
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 transactany business for
the corporation at any time or place within or
without the Territory of Arizona; and all acts |
of said board shall be valid, provided that a |
of all members of the board shall be /
present and vote in favor of such act or acts. |
and such vote shall be complete evidence of |
the sufffciency of notice for the meeting; and |
said board shall have the power to establish |
bylaws and make all rules and regulations |
for the management of this corpo |
ration not inconsistent with the constitution |
and laws of the United States and the laws of |
the Territory of Arizona
ARTICLE VI.
The officers Of this corporation shall be pres /
dent, vice-president, secretary treasurer, man
ager and consulting engineer, and until their t
successors are duly elected and qualified the /
following named persons shall constitute the |
officers; viz:
William c. Patterson President
r. R. Macdonald, Vice President.
j. H. Mattcson- Secretary and Treasurer.
J. b. Martin Manager.
S. NJ kielland, Consulting Engineer.
ARTICLE VII.
The highest amount Of indebtedness or liabi-
ity. direct or contingent, to which this corpo-
ration is at any time to subject Itself shall be |
The OF six hundred thousand dollars $780,
,00) which amount does not exceed twothirdS !
,he amount of the capital stock of this corpo-
alton.
ARTICLE VIII
The private property of the stockholders of
his corporation shall be exempt from corpo-
ate debts of any kind whatsoever.
ARTICLE TX.
These articles of incorporation may be
amended at any regular OF special meeting of
he stockholders, by vote of the holders of a
majority of the stock that is present in favor CT
he amendment; and whenever these articles
hall be so amended such amendment shall be
signed ana acknowledged by the president and
of this corporation; and when re- |
corded shall have the SAME effect as though
hey had been signed and accepted by all Of
he stockholders
In witness whereof. we have hereunto set
'ur hands and seals this 21st day of April 1905.
Z. r.. Macdonald
w E. EnoS,
Territory Of Arizona
County of Yuma "
On this 2fst day of April in tie year 1895 be-
ore me. b. j. Quinn notary public in and for
he territory and county aforesaid residing
herein, duly commissioned and sworn. per-
onally appeared, r. R. Macdonald and w. z.
enoS. known to me to be the persons described
Il, whose names are subscribed to. and who
Executed the annexed instrument. and they &C
to me that they executed the same.
or the purpose and considerations therein ez-
PRESSED,
In witness whereof, have hereunte set my
land and affixed ny official seal, at my office,
n the said territory and county, the day and
ear last above written.
Seal. b. j. Quinn,
Notary Public
My commission expires Oct. 2ssh, 1907
Territory of Arizona, CO
County of Yuma, ~"
l. j. M. PolhamuS County Recorder IN and
or the County of Yuma, Territory of Arizona
10 hereby certify that the foregoing is a true
ull and correct copy of articles OF incorporation
# the Victor and Belle Crown Mining Co., as
lied for record in my office on the 18th day of
april, A. ID. 1865. and as appears Of record in
Book of Articles of Incorporation, page.
{ seq. records Of Yuma county. aforesaid.
In witness whereof | have her6unto set my
land and affixed my seal of Office this 18th day
# April, A. d. 1865
J, NJ. PoIhamuS
[Seall County Recorder Of Yuma Co.
First publication May 3Yd. 1905.
OF INCORPORATION