The Arizona sentinel., 1905-05-17

Territory of Arizona and for that purpose do
enter into and adopt the following articles OF
| incorporation; Wis
ARTICLE l.
| The names of the corporatorS hereof are r.
r. Macdonald and w. e. Enos and the name of
| this corporation shall be The Victor and Belle
Crown Mining Company. and it's principal place
for the transaction of business is and shall be
| the city of Harrisburg. county of Yuma, Terri
| tory of Arizona with branch Office at Buffalo,
N. Y but the said corporation may have such
| other branch offices as may be established by
| its board of directors.
ARTICLE II.
The general nature Of the business proposed
to be transacted is mining, and as incidental
thereto this corporation propose to acquire by
location, purchase otherwise mines of silver
gold, copper, lead coal and mines of all other
kinds and nature whatsoever, and to operate
lease or sell the same; to purchase, erect and
maintain mills, reduction works. concentrators
concentrating works. cyanide plants, and any
| and all kinds of mining machinery; to acquire;
construct, own and operate pumping plants
! pipe lines, conduits and waterways; to acquire
| construct; own and operate railways. tramwayS,
turnpilles and canals to lead from its principal
works or place of business to some navigable
| stream, or to some existing railroad, turnpike,
or public highway; to erect operate and
maintain boarding houses and hotels; to do q
general merchandise and banking business; to
acquire by purchase location and in any other
lawful manner real estate lands, town sites,
and all other kinds of property, real, personal
and mixed. and to dispose of the same; to lay
out. construct and acquire by purchase or in any
other lawful manner, end accept hold, possess,
| enjoy, operate and use franchises from any
| foreign country or state, any state or Terri
| tory of the United States, or any country or
municipal or private corporations local or
| foreign; also own, use and hold wagon roads,
mills, factories, houses; capital stock and bonds
of corporations chattels, goods. wares and
merchandise, chooses in action, to buy, manu-
facture, SELL deal in all kinds of property real,
personal and mixed, also electrical appliances
for driving machinery motor power for pro-
pelling any and all kinds of mechanical ap-
plances where electricity is applicable, tele-
phones telegraph lines and electric lines;
| tranSacting any and all kinds of business which
may be transacted by natural person; to
issue bonds and sell the same and to secure the
payment of the same by mortgage or other lien
! ON the property of the corporation; to borrow
money and contract to repay the same ut such
| time or times and with such rate or rates of
| interest its board of directors may deem
proper and see lit; to hypothecate5 mortgage
or pledge all or any part of the property which
shis corporation may hereafter acquire; TO Sc
cure payment of any such money, with in
teresti OF to secure the payment of any suchdebt
of, this corporation with such interest thereon
az it may be legally obligated to- pay; and to do
all and every act necessary incident or conyeI=
tent to the proper transaction of the business for
w1fich 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 foregoils enumeration of specific
powers shall not be held to limis 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 in the Office OF the county
corder of Yuma county, Territory of Arizona,
| and the termination thereof, she'll be twenty
| five (a5) years thereafter.
ARTICLE ".
I The authorized amount of capital stock Of
| this corporation shall be one H7illion dollars
/ (si,OC0,OOO| divided into one million shares of
I 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 it of real or personal property
for the uses and purposes of said corporation
in paynreEt for which shares of the capital
stock of said corporation may be- issued, and
the capital stock 50 issued shall thereupon and
thereby become and be fully paid up and non
assessable, and 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 v.
The affairs of this corporation shall be
managed and conducted by board of directors
composed of seven persons, who shall be stock
holders in the said corporations, and who shall
be elected annually by the stockholders on the
first 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
ton and qualification, and until their sue
eessors are eleetett and qualified.
Fhe following named persons shall constitute
she board of directors until their successors
sre duly elected and quallfed:
William C. Patterson, jamestown, N, Y.
II. R. MacDorsld, Harrisburg, Arizona:
j. H. MatteSon, Buffalo, n. Y.
John b. Martin, Harrisburg Arizona.
S. NJ. kielland Buffalo, N. "
Fl, c. HauSef Buffalo N. Y.
w. E. Enes, Harrisburg, Arizona.
Any vacaHcy occurring in said board to be
elled 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 Within or
without the Territory of Arizona; and all acts
of said board shall be valid, provided that a
majority of all members of the board shall be
breseEs and vote in favor of such act or acts,
and such vote shall be complete evidence of
sfe' sufficScpcy Of notice for the meeting and
said board shall have the power to establish
bylaws snd make ssll rules and regulations
necessary for tie 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
tdent, vice president, secretary treasurer man
ager and consulting engineer, and until their |
successors are duly elected and qualified, the |
following named persons shall constitute the
officers; viz:
William c.. Patterson. President.
R. R. Macdonald, Vice President.
JsH. Matteson, Secretary and IRE asurer.
j. b. Martin, Manager.
S. M. Kielland, Consulting Engineer.
ARTICLE VII.
The highest amount Of Indebtedness or lfabi-' |
lfty, direct or contingent, to which this corpo- |
ration is at any time to subject itself shall be
the sum of six hundred thousand dollars (s6o0- |