Arizona republican., 1906-01-26

this corporation is to mine, smeIt and reduce the precious metals; to make con tracts; to purchase, lease, bond. locate or otherwise acquire. own, exchange, sell or otherwise dispose Of, pledge. mort gage, hypOthecate and deal in real estate ana any and all kinds Of personal prop erty. mines, mining claims, oil lands, coal lands, mineral lands, oil, gas, coal. shale. asphaltum, petroleum, asbestos salt water and water rights and machinery and to work, mine, explore, operate and develop the same: and in general to do all things necessary to the proper con duct. of the business of this corporation Tn the Territory and elsewhere. not in consistent with the laws of the United States and the Territory of Arizona
 Third: The authorized amount of cap- one milton dollars lSi 650) % divided into one million shares of the Tar value of one dollar GLe0) each. At such times as the board of directors may by resolution di- rect, said capital stock shall be paid into this corporation, either in cash or by the sale and transfer to it of real ana iI purposes purposes Of } sad corporation, issued shall thereuDon and thereby be- come and be fully paid up ana non assessa bie: and in the absence of actual fraud in the transaction the judgment of the directors as to the value of the prop erty purchased shall be conclusive.
 Fourth: The time of the commence ment of this corporation shall be the date of the filing of a certified copy of these articles Of incorporation in the of thereof shall be twenty-five years there
 Fifth: The affairs of this corporation shall be conducted by board of five di- rectors and the following named shalt their successors are elecreG: E. B. Cush- man man "; J; pouglas,1 A. J; Sitinson, c. F. after the foard of IaSGt5 Directors shan shan be elected from among the stock holders on the third Thursday in December Of each year. The officers of said corporation until their successors are elected shall be: W. J. Douglas, president; J. W. SkeltOn, vice president. E B. Cushman, secretary; F.. B. Cush-
 sixth: The highest amount of indebt- edness or liability, direct or contingent. to which this corporation is at any time subject shall be two hundred thousand dollars (S200. .0G0), which amount does not exceed two-thirds the amount Of capital stock
 Seventh: The private property or the stockholders of this corporation shall be exempt from corporate debts Of any kind
 In witness whereof. We have hereunto set our hands and seals this fifteenth day of Decem Der. 1895
 A. T. STINSON. (SeaD
 C. E. VAN SCHOICK. tSeaD State of Nevada.
 On this 18th day of December, in the year 1905, before me; Puddy Grimes; county recorder in and for the state and county aforesaid, residing therein. duly commissioned and sworn. personally ap- Peared, \; J. StinsOn and C. F. Van Schoick. known to me 10 be the persons described in. whose names are subscribed to, and who executed the annexed in strument, and they acknowledged to me that they executed the same for the pur- poses and considerations therein ex- pressed
 my hand and affixed my official seal. at my office. in the said state and county. the, day and year last ahoye written;
 (SsaD PUDDY GRIMES,
 County Recorder.