The Arizona sentinel. [volume] (Arizona City [Yuma], Yuma County, A.T. [Ariz.]) 1872-1911, 1905-05-03

Hc ci bHc cOFpOrdGOES neTcOI arc
r. Macdonald and w. e. Enos and tic na1te Of
this corporation shall be The Victor and Belle
Crown Mining Company, and its 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 tho business proposed
to be transacted is mining and as incidental
thereto this corporation propose to acquire by
location, purchase or otherwise, miaes cf silver;
gold, copper, lead, eoul and riineS of all other
kinds and nature whatsoever, ana to operate,
lease or sell the same: to purchase, erect and
maintain mills, reduction works concentrators
| concentrating works cyanide plants, and any
ana all kinds Of mining machinery; to acquire
construct, own and operate pamping plants,
pipe lines coaGuits and watcrwaysi to acquire
construct own and operate railways, tramwayS
turnpil1es and canals to lead from it's principal
works or place OF business to some navigablc
stream, or 20 some existing railroad, turnpike
or public highways, to erGct, operate and
maintain boarding houSes and hotels: to do a
general merchandise and banlsing business; te
ecquire by purchase, location and in any othe,
lawful manner, real estate. lands, town sites
and all other kinds OF property, real, personal
and mixed and to dispose Of the same, to lag
out. construct and acquire by purchase or in any
other lawful manner; and accept hold, possess,
enjoy, operate and use franchises from any
| foreign country or state or any state or Terri
tory Of the United States, or any country or
municipal or private corporation, 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 Tor pro
pclling enV and all kinds Of mechanical ap
pliances where electricity is applicable, telc-
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; 70 borrow
money and contract to repay the same at such
slime or tirneS ana with such rate or rates OF
interest as It's board OF directors may deem
proper and see fit; to hypothecate, mortgage
I
or pledge all or any part Of the property which
this corporation may hereafter acquire; to Sc
cre the payment Of any such money, with in
t3reSt or to secure the payment of any such ebt
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 III any
state Of the United States OF America, or in any
foreign country. 1t 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 fa5y years thereafter.
ARTICLE w.
Tfe authorized amount of capital stock of
this corporation shall be one million dollars
(sr SOC. .OO0y divided into one million shares of
the par value of one dollar QOO) each. At such
time as the board of directors may by resolu-
Sdlu SGOCh SIlll DC pdlN ihOO
this corporation either in cash or by the sale
sad transfer to it OF real or personal property
COR the uses and purposes Of said corporation,
in payment for which shares of the capital
stock OF said corporation may be issued, and
She capital stocl: so issued shall thereupOn and
thereby become and be fully paid up and nom
Sssessablc 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
hoders in the said corporation; 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
tion and qualification, and until their sue
cessors are elected and qualified.
Phe following named persons shall constitute
the board of directors until their successors
are duly elected and qualified:
William C. Patterson, jamestown, N, Y.
R. R. Macdonald, Harrisburg Arizona.
J.. H. Matteson, Buffalo, N. Y.
John B. Martin, Harrisburg Arizona.
S. M. Kielland, Buffalo, N. Y.
H. C. Hauge, Buffalo, n. Y.
w. E. Enos, Harrisburg, Arizona.
kny vacancy occurring in said board to be
filled 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 Hrizora; and all acts
OF said board shall be valid, provided that a
majority 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 sufficiency of notice for the meeting; and
said board shall have the power to- establish
bylaws and make all rules and regulations
necessary 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
ident, vicc-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 G. Patterson President.
r. r. Macdonald, Vice President.
j. Matteson,. Secretary and Treasurer.
j. b. Martin, Manager
S. NJ. Kielland Consulting Engineer.
ARTICLE VII.
The highest amount of indebtedness or liabi
hty, direct or contingent to which this corpO
ration is at any time to subject itself shall be
the sum of six hundred thousand dollars (SG0O,>
0a0) which amount does not exceed twothirds
the amount of the capital stock of this corpo-
ration.