Arizona republican., 1906-01-24

to: it being hereby expressly provided tha tune iorego9lng enuiIne7r,atlon of speci- strict in any manner the general powers of the company.
 lized to issue capital stock to the extent i Q flour million dollars (S4,0OO.009), divided into eight hundred thousand $500, ,000) shares of the par value of five dollars The company may issue it's capital stock in consideration of cash, services or property, and the judgment of the direct as to the value if any services or prop erty for which the stock of the company
 Fourth The time when the company shall commence business shall be the first 1 day of December. 1905. and the date of the termination thereof shall be the first | day of December, 1930.
 Fifth: The number of directors shall | be seven, each of whom shall be the | owner and registered holder of at least ten shares of the stock of the company. The date of the annual meeting shall be the first day of December in each and every year of the existence of ti--. com pany- and such annual meeting shall be | at the office of the comDanv in the citv ! of Boston. State of Massachusetts, or the i city of New York State of New York as may be designated in and by the UY-laws At any and all meetings of the stock holders. each stockholder shall be en- son, one vote for each share OF stock registered and standing in his, name at | company shall be closed next preceding such meeting.
 Sixth: The highest amount of indebt- edness or liability which may be at any time incurred by the company and for which it may be liable shall not exceed the sum of two million, five hundred thousand dollars (s25OO, ,OO6). Seventh: The private property of the officers, directors and stockholders of the corporation shall be exempt from any and all liability whatsoever for corporate rectors or stockholders of the company be personally responsible or liable for any act or indebt dness or liability of the
 Eighth In furtherance and not in Him. itation of the powers conferred by stat ute, the board of directors are expressly authorized:
 l. To hold their meetings at one or more offices and to keep the books of the company within without the Territory of Arizona at such D laces as may be
 2 To determine from time to time whether and if allowed when, and under what conditions and regulations the ac- counts and books of the company, or any of them, shall be open to the inspection restricted or limited accordingly.
 s. To make, alter. amend and resclnd, amount to be reserved as working capi- tai. authorize and cause to be executed personal property of the company, pro- vided always that majority or the whole board concur therein.
 4. To sell, assign, transfer or otherwise dispose of the property of the company as an entirety, provided always that d majority of the whole board concur therein.
 > By a resolution. passed by a ma jority of the vote of the whole board. under suitable provision of the bylaws, to designate two or more of their num- Der to constitute an executive committee. which committee shall for the time being, as provided in said resolution or in the bylaws, have and exercise all the powers of the board of directors which may be lawfully delegated in the management of the business and aaffirs of the company, and shall have power to authorize the seal of the company to be affixed to all papers which may require It. The com pany may use ana apply its surplus earn ings or accumulated profits authorized by acquisition of property and to the pur- chase or acquisition of its own capital stock from time to time to such extent and Tn such manner ana upon, such terms ms as the board of directors shall determine; and neither the property nor the capital stock so purchased or acquired nor any of it's capital stock taken in payment or satisfaction of any debt due to the company shall be regarded as profits Tor the purpose of declaration of payment of dividend unless otherwise determined by a majority of the board of directors.
 Ninth: The amount of money with which the company shall commence business shall be the sum of one hun
 We. the undersigned, the incorporators herein. shall and do respectively sub scribe for and do agree to take the mum Der of shares set opposite our respective names and have accordingly signed this
 
 Theodore l.. Otis, pOstoffice address, East Orange, N. J.; number of shares, eight CS); par value, Si0.0O.
 Rudolph W Specht. postohice address Orange, N. J.; number of shares, four A. Hf.- if. Vanderpoei. postofice address, Oarnge, N: J.; number of shares, eight G); par value. Si0.00.
 In witness whereof. we have hereunto fixed our hands and seals this 22d day of ->o' eiiiOIl OTiIEtoDORE tto5,DE E. OTIS.
 AICTI' 'STUS H. NANDERBOE1lL.
 R. w. SPECHT-
 State of New York,
 County of New York ss
 Before me notary PpadSoro PpS6Sf on | fhis oti! gay Per5ohaily il aPPeafIep 'is l, poel severally known to me to be the several persons whose names are sub scribed to the foregoing instrument, and severally acknowledged to me that they severally executed the same for the pur-
 Given under my hand and seal of ot- fee, this z2d day of November, A. D. 19O5
 CARLEToN SPRAGUE COOKE,
 Notary Public State of New York,
 County of New York, ss.
 I. Thomas l.. Hamilton, Clerk of the the Supreme Court for the. said county, the same being a court of record, do hereby certify, that Carleton Sprague Cooke, whose name is subscribed to the certificate of the proof of acknowledg- ment of the annexed instrument. and thereon written, was, at the time of talk ing such proof or acknowledgment, q notary public in and for the county Of New York, dwelling in the said county commissioned and sworn, and duly au- thorized to take the same And further that.I am well acquainted with the hand writing of such notary, and Verily be- heve that the signature to the said cer- tificate of proof or acknowledgment is genuine.
 In testimony whereof, I have hereunto set my hand and affixed the seal or the said court and county, the 23 day of Nov. 1905
 Court end County ScaD
 THOS l.. HAMILTON, Clerk.
 Filed according to law Dec. 1, lyUo. ARTICLES OF INCORPORATIoN OF
 UNITED STATES PLACER MIN