Arizona republican., 1906-01-25

that the foregoing enumeration of speci- fic powers shall not be held to limit or re- strict in any manner the general powers
 Third: The company shall be author of four million dollars (Sb0l0 00O. divided into eight hundred thousand (SO0, COO
 shares of the par value of five dollars
 The company may issue it's capital stock in consideration of cash, serv1ces or property; and the Judgment of the direct ors of the company shall be conclusive as 10 lne value IT 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 day Of December 1905. and the date of the termination thereof shall be the first
 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.
 be the first day of December in each and
 every year of the existence of th-. com pany and such annual meeting shall be held either at the principal of1ce of the company in the Territory of Arizona or
 at the office of the company in the city
 of Boston. State of Massachusetts, or the city of New York, State of New York, as may be designated in and by the pY-laws | of the company.
 | holders, each stockholder shall be en- titled to cast, either by proxy or in per registered and standing in his name at the time that the transfer books of the
 company shall be closed next preceding
 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 2.50Os OO0). Seventh: The private property of the ! officers, directors and stockholders of the corporation shall be exempt from any and all liability whatsoever for corporate ] debts, nor shall any of the officers, df- ! rectors or stockholders of the company | be personally reSnOnSIDle liable Tor any act or indebt ca ess or liability of the
 Eighth: In furtherance and not in linn | itation of the powers conferred by stat ute, the board of directors are expressly
 | To hold their meetings at one or more offices and to keep the books of the l of Arizona at such places as may be from time to time designated by them. 2. To determine from time to time whether, and if allowed wien, and under what conditions and regulations the ac- counts and books of the company, or any i of them, shall be open to the inspection | of the stockholders. and the stockholders rights in this respect are and shall De restricted or limited accordingly. 3. To make, alter, amend and rescind, the bylaws of this company, fix the amount to be reserved as working capl- ] tal authorize and cause to be executed
 mortgages and liens upon sthe real and personal property of the company, pro Vided always that a majority or the whole board concur therein.
 4 To sell, assign, transfer or otherwise : disDose of the property of the company ! as an entirety provided always that a
 majority of the whole board concur
 5 By a resolution. passed by . ma | ioritv of the vote of the whole board Under snf+abIa nrovision of inc bv-IaXys | to designate two or more of their num- Der to constitute an executive committee. ! as provided in said resolution or in the bylaws, have and exercise all the powers l 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 l lngs or aceumuiated proHJs aulnoIiZeu Dy ! law to be reserved to the purchase or chase or acquisition of it's own capital stock from time to time to such extent and in such manner and upon such terms ! as the board of directors shall determine: and neither the property nor the capital stock so purchased or acquired nor any 1 of it's capital stock taken in payment or satisfaction of any debt due to the company shall be regarded as profits for 1 the purDose of declaration of payment of dividend unless otherwise determined by
 a majority of the board of directors.
 Scb hlhIh inc he eomp9nY am9I shali oo eemmenee l : business shall be the sum of one hun dred dollars G10O:
 herein, shall and do respectively sub scribe for and do agree to take the mum names and have accordingly signed this certificate and affixed our sales heerto. 1 J E- East Orange N J.: number of shares, eight (S); par value, S4O.O0.
 Rudolph W. Specht, pOstofiice address. ! Orange, N. J.; number of shares, four | CD: par value. S20O0.
 4. II. NaudeTpOel pOstoftice address, Oarnge, N. J.; number of shares, eight ! Cs); par value, $40OO
 In witness whereof We have hereunto ] fixed our hands and seals this 22d day of
 -''' ''' TAEoPoRE F. OTIS aaorr
 R. W. SPECHT.
 State of New York,
 County of New York. ss.
 l Before me. a notary public, on this day ] Rudolph w Specht and A H. Wander poeI. severaIly known to me to be the several persons whose names are SUD- scribed to the foregoing instrument, and | severaIly acknowledged to me that they severally executed the same for the pur- pose and consideration therein expressed | Given under my hand and seal of of | flee. this 22d day of November, A. D. 1905.
 My commission expires March 8, 1gQ5- CARLETON SPRAGpE COOKE;
 New York County No. l95.
 | 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 court of record, do hereby certify, that carleton SPTas{He { Cooke, whose name is subscribed to the certificate of the proof of acknowledge ment of the annexed instrument. and thereon written, was, at the time Of talk ing such proof or acknowledgement, 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 l am well acquainted with the hand writing of such notary, and verily be- lieve that the signature to the said cer- tidcate of proof or acknowledgment is genuine.
 Tn testimony whereof I have hereunto set my hand and affixed the seal oH the said court and county, the 2 day ot Nov 1905.
 Court and County SeaD
 THOS. l.. HAMILTON. Clerk.
 Filed according to law Dec. 1, 1yUo. ARTICLES OF INCORPORATION OF
 UNITED STATES PLACER MIN